RSU definition
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.