Company’s Obligation. Each RSU represents the right to receive a Share on the vesting date. Unless and until the RSUs vest, the Employee will have no right to receive Shares under such RSUs. Prior to actual distribution of Shares pursuant to any vested RSUs, such RSUs will represent an unsecured obligation of the Company, payable (if at all) only from the general assets of the Company.
Appears in 13 contracts
Samples: 2011 Equity Incentive Plan (Coherent Inc), 2011 Equity Incentive Plan (Coherent Inc), Performance Restricted Stock Unit Award Terms (Coherent Inc)
Company’s Obligation. Each RSU represents the right to receive a Share on the vesting date. Unless and until the RSUs vest, the Employee Participant will have no right to receive Shares under such RSUs. Prior to actual distribution of Shares pursuant to any vested RSUs, such RSUs will represent an unsecured obligation of the Company, payable (if at all) only from the general assets of the Company.
Appears in 8 contracts
Samples: Restricted Stock Unit Award Agreement, Restricted Stock Unit Award Agreement (Servicesource International, Inc.), Restricted Stock Unit Award Agreement (Lantronix Inc)
Company’s Obligation. Each RSU represents the right to receive a one Share on the vesting datedate of that unit. Unless and until the RSUs vest, the Employee will have no right to receive Shares under such RSUs. Prior to actual distribution of Shares pursuant to any vested RSUs, such RSUs will represent an unsecured obligation of the Company, payable (if at all) only from the general assets of the Company.
Appears in 7 contracts
Samples: Restricted Stock Unit Agreement (Kla Tencor Corp), Restricted Stock Unit Agreement (Kla Tencor Corp), Restricted Stock Unit Agreement (Kla Tencor Corp)
Company’s Obligation. Each RSU granted represents the right to receive a one Share on the vesting date. Unless and until the RSUs vest, the Employee will have no right to receive Shares under such RSUs. Prior to actual distribution of Shares pursuant to any vested RSUs, such RSUs will represent an unsecured obligation of the Company, payable (if at all) only from the general assets of the Company.
Appears in 4 contracts
Samples: Equity Incentive Plan (Coherent Inc), Equity Incentive Plan (Coherent Inc), Global Restricted Stock Unit Agreement (Coherent Inc)
Company’s Obligation. Each RSU represents the right to receive a one Share on the vesting dateVesting Date of that unit. Unless and until the RSUs vest, the Employee will have no right to receive Shares under such RSUs. Prior to actual distribution of Shares pursuant to any vested RSUs, such RSUs will represent an unsecured obligation of the Company, payable (if at all) only from the general assets of the Company.
Appears in 4 contracts
Samples: www.sec.gov, Restricted Stock Unit Agreement (Kla Tencor Corp), Restricted Stock Unit Agreement (Kla Tencor Corp)
Company’s Obligation. Each RSU represents the right to receive a Share on in accordance with the vesting dateVesting Period in the Grant Notice. Unless and until the RSUs vest, the Employee Grantee will have no right to receive Shares under underlying such RSUs. Prior to actual distribution of Shares pursuant to any vested RSUs, such RSUs will represent an unsecured obligation of the Company, payable (if at all) only from the general assets of the Company.
Appears in 2 contracts
Samples: Restricted Stock Units Agreement (Microchip Technology Inc), Restricted Stock Units Agreement (Microchip Technology Inc)
Company’s Obligation. Each RSU represents the right to receive one share of the Company’s common stock (each, a Share “Share”) on the applicable vesting date. Unless and until the RSUs vest, the Employee Grantee will have no right to receive Shares under such RSUs. Prior to actual distribution of Shares pursuant to any vested RSUs, such RSUs will represent an unsecured obligation of the Company, payable (if at all) only from the general assets of the Company.
Appears in 2 contracts
Samples: Inducement Restricted Stock Unit Award Agreement (Lantronix Inc), Award Agreement (Lantronix Inc)
Company’s Obligation. Each RSU represents the right to receive a Share share of Stock on the vesting date. Unless and until the RSUs vest, the Non-Employee Director will have no right to receive Shares Stock under such RSUs. Prior to actual distribution of Shares Stock pursuant to any vested RSUs, such RSUs will represent an unsecured obligation of the Company, payable (if at all) only from the general assets of the Company.
Appears in 1 contract
Samples: Restricted Stock Unit Agreement (Lattice Semiconductor Corp)
Company’s Obligation. Each RSU granted represents the right to receive a one Share on the vesting date. Unless and until the RSUs vest, the Employee Service Provider will have no right to receive Shares under such RSUs. Prior to actual distribution of Shares pursuant to any vested RSUs, such RSUs will represent an unsecured obligation of the Company, payable (if at all) only from the general assets of the Company.
Appears in 1 contract
Samples: Equity Incentive Plan (Coherent Inc)
Company’s Obligation. Each RSU represents the right to receive a Share share of Stock (a “Share”) on the vesting date. Unless and until the RSUs vest, the Employee will have no right to receive Shares under such RSUs. Prior to actual distribution of Shares pursuant to any vested RSUs, such RSUs will represent an unsecured obligation of the Company, payable (if at all) only from the general assets of the Company.
Appears in 1 contract
Samples: Restricted Stock Unit Agreement (Wireless Facilities Inc)
