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Common use of Award of Restricted Share Units Clause in Contracts

Award of Restricted Share Units. The Company hereby issues to Participant an Award of the Number of Restricted Share Units set forth above (the “RSUs”), subject to the terms and conditions set forth in this Agreement. An RSU represents an unfunded, unsecured right to receive a Share of Common Stock of the Company or cash equal to the Fair Market Value of a Share.

Appears in 3 contracts

Samples: Restricted Share Unit Award Agreement (Southland Holdings, Inc.), Restricted Share Unit Award Agreement (Bio-Path Holdings Inc), Restricted Share Unit Award Agreement (Bio-Path Holdings Inc)

Award of Restricted Share Units. The Company hereby issues to Participant an Award of the Number of Restricted Share Units set forth above (the "RSUs"), subject to the terms and conditions set forth in this Agreement. An RSU represents an unfunded, unsecured right to receive a Share of Common Stock of the Company or cash equal to the Fair Market Value of a Share.

Appears in 2 contracts

Samples: Restricted Share Unit Award Agreement (Bio-Path Holdings Inc), Restricted Share Unit Award Agreement (Bio-Path Holdings Inc)

Award of Restricted Share Units. The Company hereby issues grants to Participant Grantee an Award of the Number of Restricted Share Units set forth above (the “RSUs”), subject to the terms and conditions set forth in this Agreement. An RSU represents is an Award representing an unfunded, unsecured right to receive a Share share of Common Stock of the Company or cash equal Company, which right is subject to the Fair Market Value of a Share.restrictions, as set forth in this Agreement, until vested. Grantee: Award Date:

Appears in 1 contract

Samples: Time Based Restricted Share Unit Award Agreement (Whole Foods Market Inc)