Common use of Award of RSUs Clause in Contracts

Award of RSUs. Subject to the terms, conditions and restrictions of the Plan and this Agreement, the Company hereby awards to the Participant [●] restricted stock units (the “RSUs”) on the date hereof (the “Grant Date”). Subject to the terms of this Agreement, each RSU represents the right to receive one share of common stock of the Company, par value $0.01 (“Common Stock”). The Participant shall have no rights as a stockholder of the Company with respect to the shares of Common Stock subject to the RSUs until such time as the shares of Common Stock have been issued and delivered to the Participant in accordance with Section 5 of this Agreement.

Appears in 4 contracts

Samples: Restricted Stock Unit Award Agreement (VEREIT Operating Partnership, L.P.), Restricted Stock Unit Award Agreement (VEREIT Operating Partnership, L.P.), Restricted Stock Unit Award Agreement (VEREIT Operating Partnership, L.P.)

AutoNDA by SimpleDocs

Award of RSUs. Subject to the terms, conditions and restrictions of the Plan and this Agreement, the Company hereby awards to the Participant [●] ________ restricted stock units (the “RSUs”) on the date hereof (the “Grant Date”). Subject to the terms of this Agreement, each RSU represents the right to receive one share of common stock of the Company, par value $0.01 (“Common Stock”). The Participant shall have no rights as a stockholder of the Company with respect to the shares of Common Stock subject to the RSUs until such time as the shares of Common Stock have been issued and delivered to the Participant in accordance with Section 5 of this Agreement.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (VEREIT Operating Partnership, L.P.), Restricted Stock Unit Award Agreement (VEREIT Operating Partnership, L.P.)

Award of RSUs. Subject to the terms, conditions and restrictions of the Plan and this Agreement, the Company hereby awards to the Participant [●[ ] restricted stock units (the “RSUs”) on the date hereof (the “Grant Date”) (the “Target Award”). Subject to the terms of this Agreement, each RSU represents the right to receive one share of common stock of the Company, par value $0.01 (the “Common Stock”)) for that number of RSUs (if any) that become vested in accordance with Section 2 hereof, as applied to the Target Award. The Participant shall have no rights as a stockholder of the Company with respect to the shares of Common Stock subject to the RSUs until such time as the shares of Common Stock have been issued and delivered to the Participant in accordance with Section 5 of this Agreement.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (VEREIT Operating Partnership, L.P.)

Award of RSUs. Subject to the terms, conditions and restrictions of the Plan and this Agreement, the Company hereby awards to the Participant [●] restricted stock units (the “RSUs”) on the date hereof (the “Grant Date”) (the “Target Award”). Subject to the terms of this Agreement, each RSU represents the right to receive one share of common stock of the Company, par value $0.01 (the “Common Stock”)) for that number of RSUs (if any) that become vested in accordance with Section 2 hereof, as applied to the Target Award. The Participant shall have no rights as a stockholder of the Company with respect to the shares of Common Stock subject to the RSUs until such time as the shares of Common Stock have been issued and delivered to the Participant in accordance with Section 5 of this Agreement.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (VEREIT Operating Partnership, L.P.)

Award of RSUs. Subject to the terms, conditions and restrictions of the Plan and this Agreement, the Company hereby awards to the Participant [] restricted stock units (the “RSUs”) on the date hereof (the “Grant Date”). Subject to the terms of this Agreement, each RSU represents the right to receive one share of common stock of the Company, par value $0.01 (“Common Stock”). The Participant shall have no rights as a stockholder of the Company with respect to the shares of Common Stock subject to the RSUs until such time as the shares of Common Stock have been issued and delivered to the Participant in accordance with Section 5 of this Agreement.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (VEREIT Operating Partnership, L.P.)

AutoNDA by SimpleDocs

Award of RSUs. Subject to the terms, conditions and restrictions of the Plan and this Agreement, the Company hereby awards to the Participant [] restricted stock units (the “RSUs”) on the date hereof (the “Grant Date”) (the “Target Award”). Subject to the terms of this Agreement, each RSU represents the right to receive one share of common stock of the Company, par value $0.01 (the “Common Stock”)) for that number of RSUs (if any) that become vested in accordance with Section 2 hereof, as applied to the Target Award. The Participant shall have no rights as a stockholder of the Company with respect to the shares of Common Stock subject to the RSUs until such time as the shares of Common Stock have been issued and delivered to the Participant in accordance with Section 5 of this Agreement.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (VEREIT Operating Partnership, L.P.)

Award of RSUs. Subject to the terms, conditions and restrictions of the Plan and this Agreement, the Company hereby awards to the Participant [●[ ] restricted stock units (the “RSUs”) on the date hereof (the “Grant Date”). Subject to the terms of this Agreement, each RSU represents the right to receive one share of common stock of the Company, par value $0.01 (“Common Stock”). The Participant shall have no rights as a stockholder of the Company with respect to the shares of Common Stock subject to the RSUs until such time as the shares of Common Stock have been issued and delivered to the Participant in accordance with Section 5 of this Agreement.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (VEREIT Operating Partnership, L.P.)

Time is Money Join Law Insider Premium to draft better contracts faster.