Parent RSUs definition

Parent RSUs means any restricted stock unit award granted pursuant to the Parent Plans or otherwise.

Parent RSUs has the meaning set forth in Section 3.6(a).

Parent RSUs means restricted stock units representing the right to vest in and be issued shares of Parent Common Stock by Parent that are subject to vesting restrictions based on continuing service or based on performance.

Examples of Parent RSUs in a sentence

• The Parent RSUs shall be allocated among the Continuing Employees as mutually agreed between the Company and Parent, and shall be subject to the vesting and other terms and conditions set forth in the Parent RSU Documents.

• Each Unvested Option shall be substituted with that number of Parent RSUs equal to the quotient (rounded to the nearest whole share) of (A) the product of \ (i) 8 the number of Company Ordinary Shares underlying the Unvested Option, as of immediately prior to the Effective Time; times (ii) the Spread Value divided by (B) the average of the closing sales price of the Parent Shares as quoted on NASDAQ for the twenty (20) consecutive trading days immediately following the Closing Date .

• As soon as reasonably practicable following Closing, Parent will issue to each Transferred Employee who holds a Replacement RSU a document evidencing the foregoing replacement of such Seller RSUs with Parent RSUs.

• The Parent RSUs shall have been issued in accordance with the terms and conditions of the applicable Parent equity incentive plan and shall be in full force and effect as of Closing.

• Except as otherwise provided in Section 3.03(d)(i)(B), each such Parent RSU shall continue to have, and shall be subject to, the same terms and conditions as applied to the corresponding Company MSU immediately prior to the Effective Time (including all applicable vesting acceleration provisions); provided that all such Parent RSUs shall be subject to service-based vesting only and shall no longer be subject to any performance-based vesting criteria.

More Definitions of Parent RSUs

Parent RSUs means all outstanding restricted stock units (whether granted by Parent pursuant to the Parent Equity Plans, assumed by Parent in connection with any spin-off, merger, acquisition or similar transaction or otherwise issued or granted).

Parent RSUs means restricted stock units issued by Parent.

Parent RSUs means restricted stock units for shares of Parent Common Stock.

Parent RSUs means any time-based and/or performance-based restricted stock units granted under the Parent Equity Plan or applicable inducement awards.

Parent RSUs means each award of restricted stock units with each Parent RSU representing the right to receive, upon settlement, one share of Parent Common Stock.

Parent RSUs means service vesting awards of restricted stock units of Parent, payable in stock or whose value is determined with reference to the value of stock whether granted pursuant to any of the Parent Stock Plans or otherwise.

Parent RSUs means restricted stock units payable in shares of Parent Common Stock or whose value is determined with reference to the value of shares of Parent Common Stock.