Common use of Grant of the RSUs Clause in Contracts

Grant of the RSUs. Subject to the provisions of this Agreement and the IMAX LTIP, the Company hereby grants to the Participant, an aggregate of RSUs, subject to adjustment as set forth in the IMAX LTIP. Each RSU gives the Participant the unsecured right to receive, subject to the terms and conditions of the IMAX LTIP and this Agreement, one Common Share. The Participant shall not be required to pay any additional consideration for the issuance of the Common Shares upon settlement of the RSUs.

Appears in 1 contract

Samples: Term Incentive Plan (Imax Corp)

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Grant of the RSUs. Subject to the provisions of this Agreement and the IMAX LTIP, LTIP the Company hereby grants to the Participant, Participant an aggregate of ___________ RSUs, subject to adjustment as set forth in the IMAX LTIP. Each RSU gives the Participant the unsecured right to receive, subject to the terms and conditions of the IMAX LTIP and this Agreement, one Common Share. The Participant shall not be required to pay any additional consideration for the issuance of the Common Shares upon settlement of the RSUs.

Appears in 1 contract

Samples: Long Term Incentive Plan Restricted Share Unit Award Agreement (Imax Corp)

Grant of the RSUs. Subject to the provisions of this Agreement and the IMAX LTIP, LTIP the Company hereby grants to the Participant, Participant an aggregate of [# of units] RSUs, subject to adjustment as set forth in the IMAX LTIP. Each RSU gives the Participant the unsecured right to receive, subject to the terms and conditions of the IMAX LTIP and this Agreement, one Common Share. The Participant shall not be required to pay any additional consideration for the issuance of the Common Shares upon settlement of the RSUs.

Appears in 1 contract

Samples: Long Term Incentive Plan Restricted Share Unit Award Agreement (Imax Corp)

Grant of the RSUs. Subject to the provisions of this Agreement and the IMAX LTIP, the Company hereby grants to the Participant, Participant an aggregate of _________ RSUs, subject to adjustment as set forth in the IMAX LTIP. Each RSU gives the Participant the unsecured right to receive, subject to the terms and conditions of the IMAX LTIP and this Agreement, one Common Share. The Participant shall not be required to pay any additional consideration for the issuance of the Common Shares upon settlement of the RSUs.

Appears in 1 contract

Samples: Restricted Share Unit Award Agreement (Imax Corp)

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Grant of the RSUs. Subject to the provisions of this Agreement and the IMAX LTIP, the Company hereby grants to the Participant, an aggregate of ___ RSUs, subject to adjustment as set forth in the IMAX LTIP. Each RSU gives the Participant the unsecured right to receive, subject to the terms and conditions of the IMAX LTIP and this Agreement, one Common Share. The Participant shall not be required to pay any additional consideration for the issuance of the Common Shares upon settlement of the RSUs.

Appears in 1 contract

Samples: Restricted Share Unit Award Agreement (Imax Corp)

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