Common use of Consideration for Grant of Restricted Stock Units Clause in Contracts

Consideration for Grant of Restricted Stock Units. Employee shall not be required to pay cash consideration for the grant of the Restricted Stock Units and Dividend Equivalents, but Employee's performance of services to the Company prior to the settlement of the Restricted Stock Units shall be deemed to be consideration for this grant of Restricted Stock Units and Dividend Equivalents.

Appears in 7 contracts

Samples: Restricted Stock Units Agreement (New Jersey Resources Corp), Restricted Stock Units Agreement (New Jersey Resources Corp), Restricted Stock Units Agreement (New Jersey Resources Corp)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.