RSU definition

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.
RSU means a right awarded to a Participant to receive a payment in the form of Shares as provided in Article 4 hereof and subject to the terms and conditions of this Plan;
RSU means a restricted stock unit granted under the Plan, which represents an unfunded and unsecured promise to deliver shares of Common Stock in accordance with the terms of the RSU Award Agreement.

Examples of RSU in a sentence

  • Each Company Option and Company RSU is exempt from Section 409A of the Code.

  • In the event of a forfeiture under this provision, the amount required to be forfeited shall be deemed not to have been earned under the terms of the RSU Award, and the Company shall be entitled to recover from Participant the amount subject to such forfeiture.

  • The RSU grant date will be the date of execution by both parties of this Amendment.

  • From the Measurement Date through the date of Agreement, no Company Options, Company RSU Awards or awards that may be settled in Shares have been granted and no Shares have been issued, except for Shares issued pursuant to the exercise of Company Options or settlement of Company RSU Awards, in each case in accordance with the terms of the Company Equity Plans.

  • Each Company Option and Company RSU was granted and has at all times been administered in compliance with all applicable Legal Requirements and the terms and conditions of the Company Equity Plan and agreement under which it was granted.


More Definitions of RSU

RSU means a restricted stock unit Award that is designated as such in the applicable Award Agreement and that represents an unfunded and unsecured promise to deliver Shares, cash, other securities, other Awards or other property in accordance with the terms of the applicable Award Agreement.
RSU means a contractual right granted in accordance with the provisions of Section 7 that is denominated in Shares. Each RSU represents a right to receive the value of one Share. Awards of RSUs may include the right to receive dividend equivalents.
RSU means the Company’s commitment to issue one share of Common Stock at a future date, subject to the terms of the Agreement and the Plan.
RSU means a restricted stock unit granted pursuant to the Plan or any other plan of the Company or its Affiliates.
RSU means a restricted stock unit credited to a Holder’s ledger account maintained by the Company pursuant to Article VIII.
RSU means a restricted share unit awarded to a Participant to receive a payment in the form of Shares (or the Cash Equivalent) as provided in Article 5 hereof and subject to the terms and conditions of the Plan;
RSU means a restricted stock unit granted pursuant to Section 9.