Restricted Stock Unit Grant Agreement definition

Restricted Stock Unit Grant Agreement means an agreement, substantially in the form of Exhibit A hereto, entered into by each Participant and the Company evidencing the Grant of each Restricted Stock Unit issued pursuant to the Plan.
Sample 1Sample 2Sample 3
Restricted Stock Unit Grant Agreement means an agreement, substantially in the form attached hereto as Exhibit C, entered into by each Participant and the Company evidencing the Grant of Restricted Stock Units pursuant to the Plan, provided the Committee may make such changes to the form of Restricted Stock Unit Grant Agreement for any particular Grant as the Committee may determine pursuant to its powers set forth in Section 3.1(c) of the Plan.
Sample 1Sample 2
Restricted Stock Unit Grant Agreement which restrictive covenants are incorporated herein, and all confidentiality and other obligations with respect to the Company under the Company’s current Code of Conduct and Ethics (collectively, the “Restrictive Covenants”). Employee expressly acknowledges that continuing to comply with the terms of the Restrictive Covenants and Section 5(b) below is a material term of this Agreement. Employee further acknowledges that in the event a court of competent jurisdiction issues a final order finding that Employee has violated any of the Restrictive Covenants or Section 5(b) below, Employee shall forfeit any unpaid amounts described in Section 3(b) and shall return to the Company any amounts previously paid under Section 3(b), and the Company shall have no further obligation to Employee.
Sample 1

Examples of Restricted Stock Unit Grant Agreement in a sentence

  • A Restricted Stock Unit Grant Agreement may provide for accelerated vesting in the event of the Participant’s death or Disability or other events.

  • Each Restricted Stock Unit awarded under the Plan shall be evidenced by a Restricted Stock Unit Grant Agreement between the Participant and the Company.

  • Except as provided in Section 11, or in a Restricted Stock Unit Grant Agreement, or as required by applicable law, a Restricted Stock Unit awarded under the Plan shall not be anticipated, assigned, attached, garnished, optioned, transferred or made subject to any creditor’s process, whether voluntarily, involuntarily or by operation of law.

  • Each Restricted Stock Unit Grant Agreement shall specify the number of Shares to which the Restricted Stock Unit pertains and is subject to adjustment in accordance with Section 7.

  • Vesting shall occur, in full or in installments, upon satisfaction of the conditions specified in the Restricted Stock Unit Grant Agreement.

  • The Committee may include in any Restricted Stock Unit Grant Agreement a dividend equivalent right entitling the Participant to receive amounts equal to the ordinary dividends that would be paid, during the time such Award is outstanding and unvested, and/or, if payment of the vested Award is deferred, during the period of such deferral following such vesting event, on the Shares underlying such Award if such Shares were then outstanding.


More Definitions of Restricted Stock Unit Grant Agreement

Restricted Stock Unit Grant Agreement means the agreement described in Section 6 evidencing each Award of a Restricted Stock Unit.
Sample 1

Related to Restricted Stock Unit Grant Agreement

  • 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.

  • 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 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.

  • 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.

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

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

  • RSU Award Agreement means a written agreement between the Company and a holder of a RSU Award evidencing the terms and conditions of a RSU Award grant. The RSU Award Agreement includes the Grant Notice for the RSU Award and the agreement containing the written summary of the general terms and conditions applicable to the RSU Award and which is provided to a Participant along with the Grant Notice. Each RSU Award Agreement will be subject to the terms and conditions of the Plan.

  • 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.

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

  • RSU means a contractual right granted pursuant to Section 9 that is denominated in Shares. Each RSU represents a right to receive the value of one Share (or a percentage of such value) in cash, Shares or a combination thereof. Awards of RSUs may include the right to receive dividend equivalents.

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