Award of Stock Units. The Company awards you the number of Stock Units shown on the cover sheet of this Agreement. The Award is subject to the terms and conditions of this Agreement and the Plan. The Company will not issue any Shares if the issuance of such Shares at that time would violate any law or regulation.
Award of Stock Units. The Company hereby awards to the Employee on this date, [####] Stock Units. Each Stock Unit awarded hereunder represents a contingent right to receive one share of the Company’s common stock, par value $.01 (“Stock”) upon satisfaction of the conditions for vesting as provided in Paragraph 4 of this Agreement and subject further to the terms of the Plan and the additional terms and conditions of this Agreement (the “Award”). For purposes of this Agreement, “Employer” shall mean the subsidiary or Affiliate that employs the Employee.
Award of Stock Units. Subject to the terms and conditions of the Plan and to the terms and conditions set forth in this Award Agreement, the Company on this date awards to the Recipient «Shares_spelled_out» «Number_of_Shares» Stock Units (referred to hereinafter as the "Restricted Stock Units"). The Restricted Stock Units awarded herein do not represent an equity security of the Company and do not carry any voting or dividend rights. Prior to actual distribution of Shares from any vested Restricted Stock Units, such Restricted Stock Units will represent an unsecured obligation of the Company, payable (if at all) only from the general assets of the Company.
Award of Stock Units. Pursuant to the terms of the Plan, the Company, on , 2015 (the “Date of Award”) awarded the Participant, subject to the terms and conditions of the Plan and subject further to the terms and conditions set forth herein, a Stock Unit Award covering shares of Common Stock of the Company (the “Restricted Stock Units”).
Award of Stock Units. The Company hereby awards to the Director on this date, 2,985 Stock Units. Each Stock Unit awarded hereunder represents a contingent right to receive one share of the Company’s common stock, par value $.01 (“Stock”), upon satisfaction of the conditions for vesting as provided in paragraph 4 of this Agreement and subject further to the terms of the Plan and the additional terms and conditions of this Agreement (the “Award”).
Award of Stock Units. Pursuant to the terms of the Plan, the Company, on _______ __, 20__ (the “Date of Award”), awarded the Participant, subject to the terms and conditions of the Plan and subject further to the terms and conditions set forth herein, a Stock Unit Award covering ________ shares of Common Stock of the Company (the “Restricted Stock Units”).
Award of Stock Units. Subject to the terms and conditions of the Plan and to the terms and conditions set forth in this Award Agreement, the Company on the Grant Date awards to the Recipient «Shares_spelled_out» «Number_of_Shares» Stock Units (referred to hereinafter as the “Restricted Stock Units”). The Restricted Stock Units awarded herein do not represent an equity security of the Company. The Recipient will not be entitled to any voting or dividend rights until the Restricted Stock Units vest and Shares are issued to the Recipient. Prior to actual distribution of Shares from any vested Restricted Stock Units, such Restricted Stock Units will represent an unsecured obligation of the Company, payable (if at all) only from the general assets of the Company.
Award of Stock Units. The Corporation hereby awards to the Grantee as of the date hereof an Award with respect to 123,652 restricted stock units (subject to adjustment in accordance with Section 9(a) hereof) (the “Stock Units”), which Stock Units are restricted and subject to forfeiture on the terms and conditions hereinafter set forth. As used herein, the term “Stock Unit” shall mean a non-voting unit of measurement which is deemed solely for purposes of calculating the amount of payment under this Award Certificate to be equivalent to one outstanding share of the Corporation’s common stock (“Common Stock”) (subject to adjustment in accordance with Section 9(a) hereof). The Stock Units shall be used solely as a device for the determination of the payment to eventually be paid to the Grantee if such Stock Units vest pursuant to the terms hereof. The Stock Units shall not be treated as property or as a trust fund of any kind. The Grantee acknowledges that the Corporation may use a broker or other third party to facilitate its recordkeeping for the Award and agrees to comply with any applicable administrative rules and procedures as may be in place from time to time. The Grantee acknowledges and agrees that the Corporation may require that any Common Stock received under the Award be deposited in a brokerage account (in the name of the Grantee) with a broker designated by the Corporation, and the Grantee agrees to take such reasonable steps as the Corporation may require to open and maintain such an account.
Award of Stock Units. Subject to the terms and conditions of the Plan and subject further to the terms and conditions herein set forth, the Company on this date awards to the Director [ ] Stock Units (referred to as “Stock Units” herein and referred to as Phantom Stock in the Plan).
Award of Stock Units. The number of Target Stock Units awarded by the Company to Participant is shown on the cover sheet of this Restated Agreement. The Award is subject to the terms and conditions of this Restated Agreement and the Plan.
