Conversion of Restricted Stock Units and Issuance of Shares. Upon vesting of the Award (each, a “Vest Date”), one Share shall be issuable for each restricted stock unit that vests on such Vest Date, subject to the terms and provisions of the Plan and this Agreement. Thereafter, the Company will transfer such Shares to you upon satisfaction of any required tax withholding obligations. No fractional shares shall be issued under this Agreement.
Appears in 4 contracts
Samples: Restricted Stock Unit Award Agreement (Calidi Biotherapeutics, Inc.), Restricted Stock Unit Award Agreement (Mega Matrix Corp.), Restricted Stock Unit Award Agreement (Flux Power Holdings, Inc.)
Conversion of Restricted Stock Units and Issuance of Shares. Upon each vesting of the Award (each, a “Vest Date”), one Share shall be issuable for each restricted stock unit that vests on such Vest Date, subject to the terms and provisions of the Plan and this Agreement. Thereafter, the Company will transfer such Shares to you upon satisfaction of any required tax withholding obligations. No fractional shares shall be issued under this Agreement.
Appears in 3 contracts
Samples: Restricted Stock Unit Award Agreement (Calidi Biotherapeutics, Inc.), Restricted Stock Unit Award Agreement (Flux Power Holdings, Inc.), Restricted Stock Unit Award Agreement (Flux Power Holdings, Inc.)
Conversion of Restricted Stock Units and Issuance of Shares. Upon each vesting of the Award (each, a “Vest Date”), one Share share of ordinary shares shall be issuable for each restricted stock unit that vests on such Vest DateDate (the “Shares”), subject to the terms and provisions of the Plan and this Agreement. Thereafter, the Company will transfer such Shares to you upon satisfaction of any required tax withholding obligations. No fractional shares shall be issued under this Agreement.
Appears in 1 contract
Samples: Restricted Stock Unit Award Agreement (Dunxin Financial Holdings LTD)
