Stock Uplift definition

Stock Uplift means the additional number of shares of an Award that is intended to adjust the value of the Award for the restrictions placed upon the Restricted Stock.
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Examples of Stock Uplift in a sentence

  • If the employment of a Participant is terminated by the Company other than for Cause prior to full vesting of any outstanding Award: (I) any unvested portion of a Stock Uplift included in such Award will be immediately forfeited (applying the shares covered by the Stock Uplift on a pro-rata basis over the vesting period); and (ii) any unvested portion of the remainder of the Award shall be immediately vested and payable.

Related to Stock Uplift

  • Restricted Stock Unit Award Agreement means a written agreement between the Company and a holder of a Restricted Stock Unit Award evidencing the terms and conditions of a Restricted Stock Unit Award grant. Each Restricted Stock Unit Award Agreement will be subject to the terms and conditions of the Plan.

  • Restricted Stock Unit Agreement means the agreement consistent with the terms of the Plan between the Company and the recipient of a Restricted Stock Unit that contains the terms, conditions and restrictions pertaining to such Restricted Stock Unit.

  • Stock Unit Award means a right to receive shares of Common Stock which is granted pursuant to the terms and conditions of Section 7(c).

  • Restricted Stock Unit Award means a right to receive shares of Common Stock which is granted pursuant to the terms and conditions of Section 6(b).

  • Stock Unit Agreement means the agreement between the Company and the recipient of a Stock Unit which contains the terms, conditions and restrictions pertaining to such Stock Unit.