Earnout RSUs definition

Earnout RSUs has the meaning specified in Section 3.4.

Earnout RSUs means the restricted stock units of Acquiror Common Stock that may be issued pursuant to Section 3.4.

Earnout RSUs means the restricted stock units of South Mountain denominated in a number of shares of New Billtrust Class 1 Common Stock that may be issued to Billtrust securityholders in lieu of Earnout Shares if certain share prices of New Billtrust Class 1 Common Stock are achieved and other conditions are satisfied.

Examples of Earnout RSUs in a sentence

• The Earnout RSUs shall vest upon the achievement of multiple strategic and operational thresholds of the OmniLit Common Stock following the Closing as determined by the Board as Directors in its discretion (the “Earnout Period”).

• The Earnout RSUs shall be issued pursuant to awards agreements substantially in the form attached hereto as Exhibit H (the “Form of Earnout RSU Award Agreement”).

• Number of shares does not include the 28,000,000 Earnout RSUs to contingently be awarded in accordance to this plan.

• In connection with the business combination, the reporting person received additional New SAB Biotherapeutics restricted stock units, or RSUs, where each RSU represents a contingent right to receive one share of common stock (the "Earnout RSUs").

• The grant date fair value for the Earnout RSUs is approximately $4.6 million, which was determined based on the closing share price on the date of the consummation of the Transaction and will be recognized over the six-month service term.

More Definitions of Earnout RSUs

Earnout RSUs has the meaning set forth in Section 2.7(b).

Earnout RSUs means the restricted stock units of SMMC denominated in a number of shares of SMMC Class A Common Stock that may be issued pursuant to Section 3.07 and Annex I.

Earnout RSUs means an award of restricted stock units issued under and pursuant to the Equity Incentive Plan to (a) a Company Optionholder who holds an Unvested Exchanged Option, in lieu of issuing to such Company Optionholder the Earnout Pro Rata Portion of the Earnout Shares with respect to such Unvested Exchange Option in accordance with Section 3.6(c) or (b) a holder of Company RSUs who holds an Unvested Exchanged RSU, such issuance being in lieu of issuing to such holder of Company RSUs the Earnout Pro Rata Portion of the Earnout Shares with respect to such Unvested Exchanged RSU in accordance with Section 3.6(c).”

Earnout RSUs means an award of restricted stock units issued under and pursuant to the Equity Incentive Plan to a Company Optionholder who holds an Unvested Exchanged Option, such issuance being in lieu of issuing to such Company Optionholder the Earnout Pro Rata Portion of the Earnout Shares in accordance with Section 3.6(c).

Earnout RSUs means the restricted stock units of South Mountain denominated in a number of shares of Common Stock that may be issued to Legacy Billtrust stockholders in lieu of Earnout Shares if certain share prices of the Common Stock are achieved and other conditions are satisfied;

Earnout RSUs means a restricted stock unit in respect of one share of Newco Class A Common Stock issued in accordance with Section 4.11(e).

Earnout RSUs means the Restricted Stock Units awarded as provided by Section 3.09 of the Merger Agreement.