Grant of Stock Unit Award. Pursuant to the terms and conditions set forth in the Notice of Stock Unit Award Grant, this Agreement, and the Plan, PacWest Bancorp (the “Company”) grants to the grantee named in the Notice of Stock Unit Award Grant (“Grantee”) on the date of grant set forth in the Notice of Stock Unit Award Grant (“Date of Grant”) the number of Units set forth in the Notice of Stock Unit Award Grant. This Stock Unit Award is intended to be a Performance Stock Unit Award, and each “Unit” shall represent an unfunded, unsecure promise by the Company to deliver you one share of Common Stock for each Unit that vests.
Grant of Stock Unit Award. Navarre Corporation, a Minnesota corporation (together with all successors thereto, the “Company”), hereby grants to the Participant named above, who is an employee of the Company or a Related Company, an award of Restricted Stock Units (the “Stock Units”) subject to the terms and conditions set forth in this Restricted Stock Unit Agreement (the “Agreement”) and in the Navarre Corporation 2004 Stock Plan, as amended from time to time (the “Plan”). The Stock Units represent the contingent right to receive, on a one for one basis, the number of shares (the “Award Shares”) indicated above of the Company’s common stock, no par value (the “Common Stock”) on the dates (the “Issue Date(s)”) specified in the vesting schedule above (the “Vesting Schedule”). Continued employment with the Company or a Related Company is the only required consideration for this grant. All capitalized terms used herein and not otherwise defined shall have the respective meanings set forth in the Plan.
Grant of Stock Unit Award. In accordance with the Plan, and effective as of [[GRANTDATE]] (the “Date of Grant”), the Corporation granted to the Participant, subject to the terms and conditions of the Plan and this Agreement, an award of [[SHARESGRANTED]] Stock Units (the “Stock Units”).
Grant of Stock Unit Award. Effective as of the Grant Date, the Company hereby awards to the Grantee ###TOTAL_AWARDS### Stock Units. A “Stock Unit” is a right to receive on the Payment Date, after vesting thereof, a cash amount equal to the Fair Market Value of one share of the Stock on the Payment Date. For purposes of this Agreement the “Fair Market Value of one share of the Stock” means the closing price per share of the Stock for the applicable date as reported by the New York Stock Exchange or the principal stock exchange on which the Stock is then traded. The Stock Units that are awarded hereby to the Grantee shall be subject to the prohibitions and restrictions set forth herein with respect to the sale or other disposition of such Stock Units and the obligation to forfeit and surrender such Stock Units to the Company (the “Forfeiture Restrictions”). In accepting the award of Stock Units set forth in this Agreement the Grantee accepts and agrees to be bound by all the terms and conditions of this Agreement.
Grant of Stock Unit Award. Effective as of the Grant Date, the Company hereby awards to the Executive 10,000 Stock Units. A “Stock Unit” is a right to receive on the Payment Date, after vesting thereof, a cash amount equal to the excess of (a) the Fair Market Value of one share of the Stock on the Valuation Date over (b) 100 percent of the Fair Market Value of one share of the Stock on March 2, 2006. For purposes of this Agreement the “Fair Market Value of one share of the Stock” means the average of the high and low trading prices per share of the Stock for the applicable date as reported by the New York Stock Exchange or the principal stock exchange on which the Stock is then traded. The Stock Units that are awarded hereby to the Executive shall be subject to the prohibitions and restrictions set forth herein with respect to the sale or other disposition of such Stock Units and the obligation to forfeit and surrender such Stock Units to the Company (the “Forfeiture Restrictions”). In accepting the award of Stock Units set forth in this Agreement the Executive accepts and agrees to be bound by all the terms and conditions of this Agreement.
Grant of Stock Unit Award. Navarre Corporation, a Minnesota corporation (together with all successors thereto, the “Company”), hereby grants to the Participant named above, who is an employee and key leader of the Company or a Related Company, an award of performance Stock Units (the “Stock Units”) subject to the terms and conditions set forth in this TSR Stock Unit Agreement (the “Agreement”) and in the Navarre Corporation 2004 Stock Plan, as amended from time to time (the “Plan”). The Stock Units represent the contingent right to receive on the Settlement Date specified above, subject to earlier termination as is specified herein, from zero to the maximum number of shares (the “Award Shares”) indicated above of the Company’s common stock, no par value (the “Common Stock”) depending on the extent of achievement of the Performance Criteria as described in Section 3 below. This Stock Unit award is intended to qualify as “performance-based compensation” within the meaning of Section 162(m) of the Internal Revenue Code of 1986 (the “Code”). All capitalized terms used herein and not otherwise defined shall have the respective meanings set forth in the Plan.
Grant of Stock Unit Award. Navarre Corporation, a Minnesota corporation (together with all successors thereto, the “Company”), hereby grants to the Participant named above, who is an employee of the Company or a Related Company, an award of performance Stock Units (the “Stock Units”) subject to the terms and conditions set forth in this Performance Stock Unit Agreement (the “Agreement”) and in the Navarre Corporation 2004 Stock Plan, as amended from time to time (the “Plan”). The Stock Units represent the contingent right to receive on the Settlement Date specified above, subject to earlier termination as is specified herein, the number of shares (the “Award Shares”) indicated above of the Company’s common stock, no par value (the “Common Stock”) depending on the achievement of the Performance Criteria as described in Section 3 below. This Stock Unit award is intended to qualify as “performance-based compensation” within the meaning of Section 162(m) of the Internal Revenue Code of 1986 (the “Code”). All capitalized terms used herein and not otherwise defined shall have the respective meanings set forth in the Plan.
Grant of Stock Unit Award. Speed Commerce, Inc., a Minnesota corporation (together with all successors thereto, the "Company"), hereby grants to the Participant named above, who is an employee of the Company or a Related Company, an award of Restricted Stock Units (the "Stock Units") subject to the terms and conditions set forth in this Restricted Stock Unit Agreement (the "Agreement") and in the Speed Commerce, Inc. Amended and Restated 2014 Stock Option and Incentive Plan, as amended from time to time (the "Plan"). The Stock Units represent the contingent right to receive, on a one for one basis, the number of shares (the “Award Shares”) indicated above of the Company’s common stock, no par value (the “Common Stock") on the dates (the “Issue Date(s)”) specified in the vesting schedule above (the “Vesting Schedule”). Continued employment with the Company or a Related Company is the only required consideration for this grant. All capitalized terms used herein and not otherwise defined shall have the respective meanings set forth in the Plan.
Grant of Stock Unit Award. 1.1 In accordance with the Plan, the Company hereby grants the Grantee a Stock Unit Award (the “Award”) representing the right to receive shares of the Company’s common stock (“Shares”) with an aggregate value determined in accordance with this Agreement of One Hundred Thousand Dollars $100,000 (the “Award Amount”).
Grant of Stock Unit Award. Effective as of the Grant Date, the Company hereby awards to the Executive 250,000 Stock Units. A "Stock Unit" is a right to receive on the Payment Date, after vesting thereof, a cash amount equal to the excess of (a) the Fair Market Value of one share of the Stock on the Valuation Date over (b) 100 percent of the Fair Market Value of one share of the Stock on September 15, 2005. For purposes of this Agreement the "Fair Market Value of one share of the Stock" means the average of the high and low trading prices per share of the Stock for the applicable date as reported by the New York Stock Exchange or the principal stock exchange on which the Stock is then traded. The Stock Units that are awarded hereby to the Executive shall be subject to the prohibitions and restrictions set forth herein with respect to the sale or other disposition of such Stock Units and the obligation to forfeit and surrender such Stock Units to the Company (the "Forfeiture Restrictions"). In accepting the award of Stock Units set forth in this Agreement the Executive accepts and agrees to be bound by all the terms and conditions of this Agreement.
