RSAS. Rehabilitation Services Accreditation Systems, a national accrediting body of vocational services providers. The internet website for RSAS can be found at xxxx://xxx.xxxxxxx.xxx. (3-14-07) 011. -- 099. (RESERVED).
RSAS. On February 20, 1997, COMSAT shall grant to the Executive 20,000 Restricted Stock Awards ("RSAs") under the Stock Plan. Such RSAs shall vest in accordance with (i) the performance standards for the two-year performance period following the date of grant which are adopted by the Compensation Committee for RSAs granted generally on such date, and (ii) the following schedule thereafter for the portion of such RSAs which are earned during the performance period: (x) 20% of such portion on and after February 20, 2000; (y) an additional 40% of such portion on and after February 20, 2001; and (z) the remaining 40% of such portion on and after February 20, 2002.
RSAS. The Company will take all requisite action so that each unvested RSA outstanding as of immediately prior to the Effective Time will, without any action on the part of Parent, the Merger Sub or the holder thereof, be cancelled and converted into the right to receive, an amount in cash (without interest and subject to deduction for any required withholding Tax as contemplated in Section 2.3(f)) equal to the product of: (x) the Merger Consideration and (y) the number of Shares subject to such RSA (the “RSA Consideration”). At the Effective Time, Parent shall deposit with the Company or the Surviving Corporation, as applicable, by wire transfer of immediately available funds into an account designated by the Company prior to the Effective Time, the cash amount required to pay all of the RSA Consideration in respect of all the RSAs in accordance with this Section 1.4(c)(ii) and as set forth on Schedule 1.4(c)(ii) attached hereto and as soon as practicable (and in no event more than three (3) Business Days) following the Closing, Parent will cause the Surviving Corporation to pay to each holder of a RSA the RSA Consideration (if any), without interest and less any applicable withholding Taxes, required to be paid to the holder of such vested RSA. The cancellation of an RSA as provided in the first two sentences of this Section 1.4(c)(ii) will be deemed the termination, and satisfaction in full, of any and all rights the holder had or may have had in respect of such RSA. For the avoidance of doubt, each RSA that has previously been settled in Shares prior to the Effective Time will be treated in accordance with Section 1.4(b) hereof and will not be paid any additional RSA Consideration pursuant to this Section 1.4(c)(ii).
RSAS. Any and all unvested shares of restricted Cantel stock underlying Restricted Stock Awards (“RSAs”) that are held by Xxxxx on his last day of employment, including, without limitation, the shares of restricted Cantel stock issued under the Sales-related RSAs and the TSR-related RSAs issued to Xxxxx on October 10, 2016 (collectively, the “Performance-Based RSAs”), will be deemed vested and no longer subject to forfeiture as of Xxxxx’x last day of employment upon the date of receipt by Cantel of the duly executed original Additional General Release; provided, however, that in the event of an Earlier Separation Date by Xxxxx without the prior written consent of Cantel, the Performance-based RSAs will be forfeited on the last date of Xxxxx’x employment. If the vesting of Xxxxx’x Performance-Based RSAs is accelerated under this paragraph, then they will be deemed to have achieved precisely 100% of the Performance Targets thereunder (i.e., 100% of sales target for Sales-based RSAs and 40th-50th percentile rank vs. index comparator group for TSR-based RSAs).
RSAS. Each RSA of the Term Loan Lenders shall have been executed and shall not have been terminated pursuant to Section 5 (Termination) thereof.
RSAS. No RSA of any Term Loan Lender shall have been terminated pursuant to Section 5 (Termination) thereof.
RSAS. All of your outstanding restricted stock awards that are unvested on January 3, 2017 will vest on that date, in the following amounts: 1,148 shares granted on March 7, 2014; 1,473 shares granted on March 18, 2015; and 11,012 shares granted on October 21, 2016;
RSAS. The remaining 6,357 unvested shares of restricted stock granted to Executive on February 23, 2017, shall become fully vested and nonforfeitable as of the Separation Date pursuant to Section 3(b) of the applicable award agreement;
RSAS. To the extent consistent with the Company’s Bylaws, at the Board’s election, shares of Common Stock subject to a Restricted Stock Award may be (i) held in book entry form subject to the Company’s instructions until such shares become vested or any other restrictions lapse, or (ii) evidenced by a certificate, which certificate will be held in such form and manner as determined by the Board. Unless otherwise determined by the Board, a Participant will have voting and other rights as a stockholder of the Company (including with respect to dividends as set forth in Section 6.1.5 below) with respect to any shares subject to a Restricted Stock Award.
RSAS. Rehabilitation Services Accreditation System, a national accrediting body of vocational rehabilitative services providers. (3-20-19)
