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

The Restricted Stock Units shall vest and become nonforfeitable in accordance with Section 2 hereof and shall be paid in accordance with Section 3 hereof.
The Grantee is hereby advised to seek his or her own tax counsel regarding the taxation of the grant and vesting of the Restricted Stock Units hereunder (and the tax consequences of any deferral election made in respect of the delivery of any Deferred Shares).
The Grantee must accept the Restricted Stock Units and this Agreement through the electronic system maintained by the third party designated by the Committee (or its Delegee) to administer the Plan or by other electronic or manual means acceptable to the Committee (or its Delegee) in its sole discretion no later than sixty (60) days after the Grant Date (or such later date as the Committee (or its Delegee) may accept).
For good and valuable consideration, on and as of the Grant Date the Company hereby grants to the Grantee [___________] Restricted Stock Units on the terms and conditions set forth in this Agreement.
The Restricted Stock Units shall not be secured by any specific assets of the Company or any of its Subsidiaries, nor shall any assets of the Company or any of its Subsidiaries be designated as attributable or allocated to the satisfaction of the Company’s obligations under this Agreement.

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.