Company PRSUs definition

Company PRSUs shall have the meaning set forth in Section 2.2(a).
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Company PRSUs means restricted stock units with respect to Shares subject to performance-based vesting.
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Company PRSUs means a performance-based restricted stock unit with respect to Common Stock.
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Examples of Company PRSUs in a sentence

  • Section 3.02(a) of the Company Disclosure Letter sets forth the number of Company RSUs, Company PRSUs and deferred director stock awards that the Company has granted following the Capitalization Date and prior to the date hereof.

  • As of October 15, 2021, 236,302 Shares were subject to issuance upon exercise of outstanding Company Stock Options, 491,886 Shares were subject to issuance upon vesting of Company RSUs and 122,917 Shares were subject to issuance upon vesting of Company PRSUs (assuming achievement of applicable performance objectives).

  • From the Capitalization Date through and as of the date of this Agreement, no other shares of Common Stock or preferred stock have been issued other than shares of Common Stock issued in respect of the exercise of Company Stock Options or in respect of the vesting of Company RSUs or Company PRSUs in the ordinary course of business.

  • Lithium-ion batteries can fail for many reasons: thermal abuse, electrical abuse, mechanical abuse, internal defects, and environmental abuse.

  • For the avoidance of doubt, to the extent there are any Company P-RSUs for which the number of shares of Common Stock subject to such Company P-RSU as determined in accordance with clause (x) of the preceding sentence is zero, such Company P-RSU shall be cancelled at the Effective Time for no consideration or payment.

  • Executive Management Incentive Plan subject to its terms and conditions; and (3) an equity grant equal to $1,000,000 in value with 50% of the value in performance- based restricted stock units to be settled in common stock of the Company (PRSUs), 25% in time based restricted share units to be settled in common stock of the Company (RSUs), and 25% in stock options to purchase common stock of the Company (StockOptions).

  • As of the Effective Time, the Company Equity Plan shall be terminated and no further Company Restricted Stock Awards, Company RSUs, Company PRSUs, other equity interests in the Company or other rights with respect to shares of Company Common Stock shall be granted thereunder.

  • As promptly as practicable following the Closing (but no later than the Surviving Company’s second scheduled payroll payment date after the Closing Date), the Surviving Company shall pay to the holders of Company RSUs and Company PRSUs such amounts (if any) described in Section 2.6(a) and Section 2.6(b), less any Taxes required to be withheld under applicable Law with respect to such payments, through the Surviving Company’s payroll in accordance with the Company’s normal payroll practices.

  • The Surviving Corporation or its Subsidiaries, as applicable, shall pay, through the payroll system or payroll provider of the Surviving Corporation or its applicable Subsidiary, to the applicable holders of the Vested 2021 Company Options, Company RSUs and Company PRSUs, the Vested 2021 Company Option Consideration, the Vested Company RSU Consideration and all amounts that become payable on vesting of the Converted Cash Awards, as applicable.

  • Any payments to which holders of Company Options, Company RSUs, Company P-RSUs and Company DSUs (collectively, the “Company Equity Awards”) are entitled to pursuant to Section 3.5(a), Section 3.5(b), Section 3.5(c) and Section 3.5(d), respectively (collectively, the “Company Equity Payments”) shall be made through the Surviving Corporation’s payroll (except in the case of Company DSUs) and in accordance with Section 3.5(a), Section 3.5(b), Section 3.5(c) and Section 3.5(d).


More Definitions of Company PRSUs

Company PRSUs means any restricted stock units in respect of Company Common Stock granted with a performance-based vesting schedule.
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Company PRSUs has the meaning set forth in Section 2.2(a). (26) “Company RSUs” has the meaning set forth in Section 2.2(a). (27) “Company Stock Options” has the meaning set forth in Section 2.2(a). (28) “Company Subsidiary” has the meaning set forth in Section 2.1(b).
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Company PRSUs means a performance-based restricted stock unit with respect to Common Stock. “Company RSUs” means a restricted stock unit with respect to Common Stock.
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Company PRSUs means the outstanding restricted stock units of the Company that are subject to performance-based vesting as of immediately prior to the Expiration Date and issued pursuant to the Company Equity Incentive Plans.
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Related to Company PRSUs

  • Company PSU means a restricted stock unit issued by the Company pursuant to a Company Equity Plan that vests in whole or in part upon the achievement of one or more performance goals (notwithstanding that the vesting of such restricted stock unit may also be conditioned upon the continued services of the holder thereof), pursuant to which the holder has a right to receive Shares after the vesting or lapse of restrictions applicable to such unit. “Company PSU” shall not include Company RSUs.

  • Company RSU Award means each restricted stock unit that is (i) subject solely to service-based vesting and (ii) payable in shares of Company Class A Common Stock or the value of which is determined with reference to the value of shares of Company Class A Common Stock.

  • Company Equity Award means a Company Stock Option or a Company Stock Award or a phantom stock award, as the case may be.

  • Company RSUs means any restricted stock units granted under any of the Company Equity Plans.

  • Company Equity Awards means the Company Options and the Company RSUs.

  • Company Preferred Stock means the preferred stock, par value $0.001 per share, of the Company.

  • Company Employee means an employee of the Company or any of its Subsidiaries.

  • Company Personal Data means any Personal Data Processed by a Contracted Processor on behalf of Company pursuant to or in connection with the Principal Agreement;