Award of Restricted Share Units. The Company hereby issues to Participant an Award of the Number of Restricted Share Units set forth above (the “RSUs”), subject to the terms and conditions set forth in this Agreement. An RSU represents an unfunded, unsecured right to receive a Share of Common Stock of the Company or cash equal to the Fair Market Value of a Share.
Award of Restricted Share Units. Subject to the terms, conditions and restrictions of the Plan and this Agreement, the Company hereby grants to the Participant an award consisting of [________] restricted share units (the “Restricted Share Units”) in respect of shares of common stock of the Company, $0.01 par value per share (“Shares”).
Award of Restricted Share Units. This Agreement evidences the grant by the Company, on the grant date (the “Grant Date”) set forth in the Notice of Grant that forms part of this Agreement (the “Notice of Grant”), to the Participant, subject to the terms and conditions set forth in this Agreement and in the Company’s 2020 Share Incentive Plan (as amended from time to time, the “Plan”), of an award with respect to the number of restricted share units (the “RSUs”) set forth in the Notice of Grant. Each RSU represents the right to receive one ordinary share of the Company (an “Ordinary Share”) upon vesting of the RSU, subject to the terms and conditions set forth herein.
Award of Restricted Share Units. Pursuant to the provisions of the Plan, the terms of which are incorporated herein by reference, you may, from time to time, be awarded Restricted Share Units (the “Award”), subject to the terms and conditions of the Plan and those herein set forth. An Award is granted as of the date set forth in the notification to you of such Award (the “Date of Grant”). Capitalized terms used herein and not defined shall have the meanings set forth in the Plan. In the event of any conflict between this Agreement and the Plan, the Plan shall control.
Award of Restricted Share Units. The Company has awarded to the Participant, and the Participant has accepted, the following Restricted Share Units (“RSUs”) as of the following RSU Grant Date. The Company, PubCo, and Participant hereby agree that the RSUs shall be subject to all of the terms and conditions of this Agreement and the LLC Agreement: Participant Name: Xxxxx Xxxxxxxx Total Number of RSUs: 3,000,000 RSU Grant Date: September 29, 2017 Vesting Start Date: July 25, 2017 Each RSU represents and consists of the contractual deferred right to receive upon future vesting and settlement both one Common Unit and one share of Class C Common Stock (collectively referred to as a “Settlement Interest”), subject in all cases to the terms and conditions set forth herein. In the event that the number of outstanding Units is changed by a distribution of Units, recapitalization, unit split, reverse Unit split, subdivision, combination, reclassification or similar change in the capital structure of the Company without consideration, then the number of Common Units subject to this Agreement will be proportionately adjusted subject to any required action by the Committee and compliance with applicable securities laws; provided, however, that fractions of a Unit will not be issued but will either be paid in cash at the Fair Market Value of such fraction of a Unit or will be rounded down to the nearest whole Unit, as determined by the Committee. In the event that the number of outstanding shares of Class C Common Stock of PubCo is changed by a distribution of stock, recapitalization, stock split, reverse stock split, subdivision, combination, reclassification or similar change in the capital structure of the Company without consideration, then the number of shares of Class C Common Stock subject to this Agreement will be proportionately adjusted subject to any required action by the Committee and compliance with applicable securities laws; provided, however, that fractions of a share will not be issued but will either be paid in cash at the Fair Market Value of such fraction of a share or will be rounded down to the nearest whole Unit, as determined by the Board. The Participant agrees that the RSUs subject to this Agreement are a separate incentive and not in lieu of any salary or other compensation, and that he is not purchasing or making any payment to the Company for his RSUs or for Settlement Interests or other securities or property issued upon settlement of his RSUs.
Award of Restricted Share Units. Pursuant to the provisions of the Plan, the terms of which are incorporated herein by reference, the Employee is hereby awarded Restricted Share Units (the “RSUs”), subject to the terms and conditions of the Plan and those herein set forth. The RSUs are granted as of , 2005 (the “Date of Grant”). Each RSU shall represent the right to receive one Share on the terms, and subject to the conditions, set forth herein and in the Plan. Capitalized terms used herein and not defined shall have the meanings set forth in the Plan. In the event of any conflict between this Agreement and the Plan, the Plan shall control.
Award of Restricted Share Units. In consideration of the services rendered by the Director as a Director of the Company, the Company hereby grants to the Director an Award consisting of, in the aggregate, _______ Restricted Share Units (the “Restricted Share Units”) in respect of shares of common stock, $0.001 par value per share, of the Company (“Shares”), pursuant and subject to the terms and conditions set forth in this Agreement and the Plan, which are incorporated by reference into this Agreement as if reproduced herein, including without limitation the terms and conditions of Section 5.3 of the Plan.
Award of Restricted Share Units. Pursuant to the LTIP, effective on ______ ____, ____ (the “Grant Date”), the Company has granted to Participant <<NUMBER>> Restricted Share Units (i.e., units representing shares of the Company’s common stock, par value $1.00 per share) (the “Award”), which shall vest and become unrestricted in accordance with Section 2 hereto.
Award of Restricted Share Units. Pursuant to the Plan, the Company, by delegated authority of the Committee, has granted to the Participant the number of Restricted Share Units as specified above, effective as of the Date of Grant.
Award of Restricted Share Units. Subject to the terms and conditions of the Plan and subject further to the terms and conditions set forth in this Agreement, the Company on this date awards to the Grantee up to the maximum number of Restricted Share Units as identified on Exhibit A attached hereto and incorporated herein by reference. The Restricted Share Units shall be credited to a book entry account established for the Grantee until payment in accordance with Section 4 hereof.
