Examples of Restricted Stock Units in a sentence
Restricted Stock Units may be granted at any time and from time to time as determined by the Administrator.
The Administrator will set vesting criteria in its discretion, which, depending on the extent to which the criteria are met, will determine the number of Restricted Stock Units that will be paid out to the Participant.
Notwithstanding the foregoing, at any time after the grant of Restricted Stock Units, the Administrator, in its sole discretion, may reduce or waive any vesting criteria that must be met to receive a payout.
On the date set forth in the Award Agreement, all unearned Restricted Stock Units will be forfeited to the Company.
Payment of earned Restricted Stock Units will be made as soon as practicable after the date(s) determined by the Administrator and set forth in the Award Agreement.