Number of Restricted Stock Units Granted definition

Number of Restricted Stock Units Granted. [______] Vesting Start Date: [______] Acknowledged and Agreed as of the date first written above:
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Number of Restricted Stock Units Granted. (the “RSUs” or the “Award”). On any date, the value of each RSU shall equal the Fair Market Value of a Share. All amounts credited to Participant’s Account under this Agreement shall continue for all purposes to be a part of the general assets of the Company. Participant’s interest in the Account shall make him or her only a general, unsecured creditor of the Company. The RSUs may not be sold, transferred, gifted, bequeathed, pledged, assigned, or otherwise alienated or hypothecated, voluntarily or involuntarily. The rights of Participant with respect to the RSUs shall remain forfeitable at all times prior to the date on which such rights are settled (the “Settlement Date”, as defined below).
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Number of Restricted Stock Units Granted as set forth above is divided into two separate tranches as follows: one-half (1/2) of such Number of Restricted Stock Units Granted (rounded to the nearest whole unit) will be eligible to vest with respect to a performance measurement period consisting of the 2015 Performance Period (the “2015 Stock Units”), and one-half (1/2) of such Number of Restricted Stock Units Granted (rounded to the nearest whole unit) will be eligible to vest with respect to a performance measurement period consisting of the 2016 Performance Period (the “2016 Stock Units”). The “2015 Performance Period” means the Corporation’s 2015 fiscal year. The “2016 Performance Period” means the Corporation’s 2016 fiscal year. In each case, the number of 2015 Stock Units and the number of 2016 Stock Units that vest may range from zero (0) to two hundred percent (200%) of the allocated portion of the Number of Restricted Stock Units Granted as a result of the performance modifiers set forth in Exhibit A attached hereto.
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Examples of Number of Restricted Stock Units Granted in a sentence

  • Target Grant Vesting Percentage is expressed as a percentage of the Target Number of Restricted Stock Units Granted and, after being adjusted by the Absolute TSR Modifier, may result in a settlement that is in excess of the Target Number of Restricted Stock Units Granted, up to a maximum grant equal to 250% of the Target Number of Restricted Stock Units Granted.

  • Number of Restricted Stock Units Granted at Target: [### ###] shares.

  • Subject to the conditions and restrictions set forth in this Award and in the Plan, the Company hereby grants to Participant and credits to a separate account maintained on the books of the Company ("Account") that number of Restricted Stock Units identified above opposite the heading "Number of Restricted Stock Units Granted" (the "RSUs").

  • Participant Name: Grant Date: Xxxxx Xxxxx: $ AWARD DETAILS RESTRICTED STOCK UNITS AWARD US Dollar Value Retention Award: $ Restricted Stock Unit Award Value: $ Grant Date: Xxxxx Xxxxx: $ Number of Restricted Stock Units Granted: Vesting Date(s)*: * Vesting is subject to the terms and conditions of the award.

  • By:Name: Title: PARTICIPANT Kevin Jones Number of Restricted Stock Units Granted: 1,091,989 13Exhibit 10.2 RACKSPACE TECHNOLOGY, INC.

  • An installment equal to 25% of the number of the Total Number of Restricted Stock Units Granted will vest on each Vesting Date; provided that if the Total Number of Restricted Stock Units Granted is not divisible evenly by four, then the installments shall have as equal a number as possible, with up to one more share in each of the fourth, third and second installments to vest, in that order, as may be required.

  • Subject to the conditions and restrictions set forth in this Award Agreement and in the Plan, the Company hereby grants to Participant and credits to a separate account maintained on the books of the Company ("Account") that number of Restricted Stock Units identified above opposite the heading " Number of Restricted Stock Units Granted " (the "RSUs").

  • Number of Restricted Stock Units Granted: Vesting Schedule: The units vest over the following schedule: of the units on the anniversary of the Date of Grant of the units on the anniversary of the Date of Grant This grant also includes Dividend Equivalent Units, which are described below.

  • Number of Restricted Stock Units Granted: Vesting Schedule: The units vest over the following schedule: ___ of the units on the ___ ___ of the units on the ___ ___ of the units on the ___ This grant also includes Dividend Equivalent Units, which are described below.

  • Xxxxxx Xxxxx Date: November 3, 2014 Number of Restricted Stock Units Granted: 675,676 THIS RESTRICTED STOCK UNIT AGREEMENT (this “Agreement”) is dated as of November 3, 2014 (the “Grant Date”) and is entered into by and between Quiksilver, Inc., a Delaware corporation (the “Corporation”), and the Participant specified above (the “Participant”).

Related to Number of Restricted Stock Units Granted

  • Restricted Stock Units means an Award of stock units subject to such restrictions and conditions as the Administrator may determine at the time of grant.

  • Company Restricted Stock Unit means a restricted stock unit issued pursuant to any of the Company Equity Plans that remains outstanding as of immediately prior to the Effective Time (other than Company Performance Restricted Stock Units).

  • Restricted Share Units means an Award which may be earned in whole or in part upon the passage of time or the attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.

  • Restricted Stock means Shares issued pursuant to a Restricted Stock award under Section 7 of the Plan, or issued pursuant to the early exercise of an Option.

  • Restricted Share Unit Award means an award of Restricted Share Units under this Plan.

  • Restricted Stock Unit Award means a right to receive shares of Common Stock which is granted pursuant to the terms and conditions of Section 6(b).

  • Restricted Stock Unit Award Agreement means a written agreement between the Company and a holder of a Restricted Stock Unit Award evidencing the terms and conditions of a Restricted Stock Unit Award grant. Each Restricted Stock Unit Award Agreement will be subject to the terms and conditions of the Plan.

  • Restricted Stock Unit Agreement means the agreement consistent with the terms of the Plan between the Company and the recipient of a Restricted Stock Unit that contains the terms, conditions and restrictions pertaining to such Restricted Stock Unit.

  • Company Restricted Stock Award means each award with respect to a share of restricted Company Common Stock outstanding under any Company Stock Plan that is, at the time of determination, subject to forfeiture or repurchase by the Company.

  • Stock Units means investment units under the Deferred Delivery Plan, each of which is deemed to be equivalent to one share of Stock.

  • Performance Shares means Shares or an Award denominated in Shares which may be earned in whole or in part upon attainment of performance criteria established by the Administrator.

  • Share Units means the hypothetical Shares that are credited to the Share Unit Accounts in accordance with Section 5.3.

  • Restricted Share Award means an award of Restricted Shares.

  • Restricted Share Unit means the right granted to a Participant pursuant to Article 7 to receive a Share at a future date.

  • Performance Share Units means Performance Share Units granted to an Eligible Individual under Section 9.1(b).

  • Restricted Stock Award Agreement means a written agreement between the Company and a holder of a Restricted Stock Award evidencing the terms and conditions of a Restricted Stock Award grant. Each Restricted Stock Award Agreement will be subject to the terms and conditions of the Plan.

  • Restricted Stock Award means an award of shares of Common Stock which is granted pursuant to the terms and conditions of Section 6(a).

  • Deferred Stock Units means the number of hypothetical Shares subject to an Election.

  • Restricted Stock Unit means a bookkeeping entry representing an amount equal to the Fair Market Value of one Share, granted pursuant to Section 8. Each Restricted Stock Unit represents an unfunded and unsecured obligation of the Company.

  • Performance Stock Award means a Stock Award granted under the terms and conditions of Section 6(c)(i).

  • Restricted Stock Bonus means Stock granted to a Participant pursuant to Section 8.

  • Performance Units means an Award which may be earned in whole or in part upon attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.

  • Performance Stock Unit means a right granted to a Participant pursuant to Section 8.2, to receive Stock, the payment of which is contingent upon achieving certain Performance Goals or other performance-based targets established by the Committee.

  • Phantom Stock Award Agreement means a written agreement between the Company and a Holder with respect to a Phantom Stock Award.

  • Restricted Stock Grant means Shares awarded under the Plan as provided in Section 9.

  • Company Restricted Stock means Company Shares that are unvested or are subject to repurchase option, risk of forfeiture or other condition on title or ownership under any applicable Company Equity Plan, restricted stock purchase agreement or other Contract with the Company.