Restricted Stock Units definition

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.

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Restricted Stock 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 Units means the right to receive Shares awarded under Article 8.

Examples of Restricted Stock Units in a sentence

Such Restricted Stock Units shall be credited to a separate account maintained for the Participant on the books of the Company (the “Account”).
On or as soon as administratively practicable after the Effective Date, the Company shall grant to the Executive an award of 146,198 Restricted Stock Units (“RSUs”) under the Company’s 2024 Equity Incentive Plan.
Except as otherwise provided in the Plan and this Agreement, the Award shall vest with respect to [INSERT PERCENTAGE] percent ([ ]%) of the Restricted Stock Units subject thereto on each of the first through [ ] anniversaries of the [Date of Grant], subject to the Participant’s continued employment on each such date.
Upon a Change in Control, all Performance Stock Units shall cease to be subject to any performance goals and shall be converted into time-based Restricted Stock Units (i) based on the actual level of achievement of the performance goals set forth in Annex A hereto through the last completed fiscal quarter prior to the Change in Control or (ii) at such level of achievement determined by the Committee in its good faith discretion (as so converted, the “Post-Change in Control Performance Stock Units”).
Prior to the first Vesting Date, the Participant shall not be deemed for any purpose to be the owner of shares of Common Stock underlying the Restricted Stock Units.

More Definitions of Restricted Stock Units

Restricted Stock Units means an award made pursuant to Section 7 of this Plan of the right to receive shares of Common Stock, cash or a combination thereof at the end of the applicable Restriction Period.

Restricted Stock Units means an Award of phantom stock units to a grantee.

Restricted Stock Units means units awarded to Participants pursuant to Section 6.6 hereof, which are convertible into Common Stock at such time as such units are no longer subject to restrictions as established by the Committee.

Restricted Stock Units means rights granted to an Eligible Individual under Section 8.2 representing a number of hypothetical Shares.

Restricted Stock Units means an Award granted under Section 7.

Restricted Stock Units means the right to receive Shares awarded under Section 9.3.

Restricted Stock Units means a grant of the right to receive Shares in the future or their cash equivalent (or both) pursuant to Section 11 of the Plan.