Restricted Share Unit Award. II-VI hereby grants to the Recipient an Award of Restricted Share Units under the Plan, as specified in the applicable Employee Grant Details, subject to the terms, conditions and restrictions set forth in this Agreement (this “Award”). For the purposes of this Agreement, a “Restricted Share Unit” is the contingent right to receive the equivalent of one (1) Share, in the event the Restricted Share Unit vests and becomes payable pursuant to the terms of this Agreement. Restricted Share Units shall be payable and settled solely in II-VI Shares.
Restricted Share Unit Award. As of the Award Date, the Company hereby grants to Participant the number of Restricted Share Units as set forth in the Award Notice. Each Restricted Share Unit represents the right to receive one Share, subject to the vesting and other terms and conditions set forth in this Agreement.
Restricted Share Unit Award. II-VI hereby grants to Recipient an Award of Restricted Share Units under the Plan, as specified in the applicable Summary of Award, subject to the terms, conditions and restrictions set forth in this Agreement (this “Award”). For the purposes of this Award, “Restricted Share Units” shall mean the contingent right to receive the equivalent of one (1) share of II-VI Common Stock, no par value (“II-VI Common Stock”), to the extent the Restricted Share Units vest and become payable pursuant to the terms of this Agreement. Restricted Share Units shall be payable solely in shares of II-VI Common Stock; provided, however, that Restricted Share Units may, in II-VI’s sole discretion, be settled in cash based on the Fair Market Value of II-VI Common Stock as of the third anniversary of the Grant Date.
Restricted Share Unit Award. In accordance with the Company’s policies relating to the granting of equity awards, the Company will grant Participant [__________] restricted share units (the “RSU Grant”) under the Company’s 2004 Equity Incentive Plan (the “Equity Plan”) to be settled in ordinary shares of the Company. Fifty percent (50%) of the RSU Grant will vest on March 1, 2010 and the remaining fifty percent (50%) of the RSU Grant will vest on March 1, 2011, subject to Section 1(c) and Participant’s continued service with the Company or its subsidiaries through each vesting date. In all other respects, the RSU Grant will be subject to the terms and conditions of the Equity Plan and a restricted share unit agreement to be executed between Participant and the Company (the “RSU Agreement”).
Restricted Share Unit Award. The Company hereby awards to the Participant as of the Award Date _______ restricted stock units (the "RSUs"). Except as hereinafter provided, with respect to the RSUs granted hereunder, vesting shall occur on February 23, 2008 (the "Vesting Date"), provided the Participant remains an employee of GBC. While the restrictions are in effect, the RSUs are not transferable by the Participant by means of sale, assignment, exchange, pledge, or otherwise, except as provided herein.
Restricted Share Unit Award. II-VI hereby grants to the Recipient an Award of Restricted Share Units under the Plan, as specified in the applicable Summary of Award, subject to the terms, conditions and restrictions set forth in this Agreement (this “Award”). For the purposes of this Agreement, a “Restricted Share Unit” is the contingent right to receive the equivalent of one (1) Share, in the event the Restricted Share Unit vests and becomes payable pursuant to the terms of this Agreement. Restricted Share Units shall be payable solely in Shares provided, however, that Restricted Share Units may be settled in cash based on the Fair Market Value as of the date of the vesting event.
Restricted Share Unit Award. Subject to the continued employment of the Participant with the Corporation until April 29, 2003, the Corporation hereby awards to the Participant as of the Award Date 50,000 restricted share units (the "Share Units"). These Share Units will remain restricted until April 29, 2003. While the restrictions are in effect, the Share Units are not transferable by the Participant by means of sale, assignment, exchange, pledge, or otherwise.
Restricted Share Unit Award. Subject to the annual approval of the Compensation Committee, and the conditions of the Onto Innovation 2020 Stock Plan, Executive may receive an annual equity grant (“RSU Grant”) as part of his Key Executive Incentive Compensation Plan. The RSU Grant is typically made in the February timeframe and is awarded as follows:
Restricted Share Unit Award. The Company hereby grants to the --------------------------- Participant ((Rest)) Restricted Share Units pursuant to the Plan and subject to the conditions and restrictions hereinafter set forth.
Restricted Share Unit Award. II-VI hereby grants to the Recipient an Award of Restricted Share Units under the Plan, as specified in the applicable Employee Grant Details, subject to the terms, conditions and restrictions set forth in this Agreement (this “Award”). For the purposes of this Agreement, a “Restricted Share Unit” is the contingent right to receive the equivalent value of one (1) Share, in the event the Restricted Share Unit vests and becomes payable pursuant to the terms of this Agreement. Restricted Share Units shall be payable and settled solely in cash based on the Fair Market Value as of the date of the vesting event.
