Restricted Stock Right definition

Restricted Stock Right means the right granted to a Participant to receive Stock in the future, at no monetary cost to the Participant, the payment of which is subject to certain restrictions and to risk of forfeiture as determined by the Committee.
Restricted Stock Right means a restricted stock right or a restricted stock unit issued by the Company pursuant to a Company Equity Plan that (i) as of the date hereof, vests solely on the basis of time and (ii) is outstanding as of immediately prior to the Effective Time, pursuant to which the holder has a right to receive Common Shares after the vesting or lapse of restrictions applicable to such restricted stock right or restricted stock unit.

Examples of Restricted Stock Right in a sentence

  • In no event may a dividend equivalent awarded in connection with a Restricted Stock Right that vests based on the achievement of Performance Goals be paid unless and until such Restricted Stock Right Award vests or is earned by satisfaction of the applicable Performance Goals.

  • For example, such transaction will result in the lapse of any time based or other restrictions on a Restricted Stock Right Award.

  • This permit may be modified, revoked and reissued, suspended, or revoked for cause.

  • AWARD means the grant to any Eligible Employee or Key Non-Employee of any form of Option, Restricted Stock, Right, Dividend Equivalent, Other Stock-Based Award, Performance Award, or Cash Award, whether granted singly, in combination, or in tandem, and pursuant to such terms, conditions, and limitations as the Committee may establish in order to fulfill the objectives of the Plan.

  • Each Company Restricted Stock Right issued and outstanding immediately prior to the Effective Time, whether vested or unvested, shall thereafter be immediately canceled, and the holder thereof shall thereafter have only the right to receive the consideration to which such holder is entitled pursuant to this Section 2.07(c).


More Definitions of Restricted Stock Right

Restricted Stock Right means any right granted under Section 6(c) of the Plan.
Restricted Stock Right has the meaning specified in Surviving Pubco Certificate of Incorporation.
Restricted Stock Right means a right awarded to an Associate that, subject to Section 8.2, may result in Associate’s ownership of Shares upon, but not before, the lapse of Restrictions related thereto.
Restricted Stock Right means a right to receive payment from the Company in Shares (including Restricted Stock) subject to the terms and conditions of an Award granted pursuant to Section 7 of the Plan.
Restricted Stock Right means the grant under Article VIII of the right to receive Stock subject to vesting and such other restrictions imposed pursuant to such Article, together with dividend equivalents with respect to such Stock if and as determined by the Committee. (u)
Restricted Stock Right means the right to receive a share of Stock at no monetary cost to the Participant.
Restricted Stock Right has the meaning set forth in Section 1.7(b).