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.
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 Company hereby confirms the grant on ###GRANT_DATE### (the “Grant Date”) to the Participant of ###TOTAL_AWARDS### Restricted Stock Units (“RSUs”).

  • Except as otherwise provided herein, no assignment or transfer of the Restricted Stock Units, or of the rights represented thereby, whether voluntary or involuntary, by operation of law or otherwise, shall vest in the assignee or transferee any interest or right herein whatsoever, but immediately upon such assignment or transfer the Restricted Stock Units shall terminate and become of no further effect.

  • The Plan identifies such an Award as an Award of Restricted Stock Units.

  • The Restricted Stock Units, and the shares of Common Stock issued to the Participant upon settlement of the Restricted Stock Units, shall be subject to all of the terms and provisions of the Plan and the Stockholders’ Agreement and all such terms and provisions are hereby incorporated herein by reference and made a part hereof.

  • The Restricted Stock Units are not transferable by the Participant except to permitted transferees in accordance with the Plan and subject to the terms of the Stockholders’ 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.