Benefit Upon Vesting. Upon the vesting of the Stock Units, the Employee shall be entitled to receive, and the Company shall issue to the Employee, a number of Shares equal to the number of Stock Units that have vested on the applicable vesting date subject to Section 7 below.
Appears in 2 contracts
Samples: Restricted Stock Unit Agreement (Osteotech Inc), Restricted Stock Unit Agreement (Osteotech Inc)
Benefit Upon Vesting. Upon the vesting of the Stock Units, the Employee Director shall be entitled to receive, and the Company shall issue to the EmployeeDirector, a number of Shares equal to the number of Stock Units that have vested on the applicable vesting date subject to Section 7 belowdate.
Appears in 1 contract
Benefit Upon Vesting. Upon the vesting of the Stock Units, the Employee shall be entitled to receive, and the Company shall issue to the Employee, a number of Shares equal to the number of Stock Units that have vested on the applicable vesting date third anniversary of the Grant Date subject to Section 7 below.
Appears in 1 contract
Samples: Performance Based Restricted Stock Unit Agreement (Osteotech Inc)
