Common use of Conversion of RSUs Clause in Contracts

Conversion of RSUs. Subject to Section 2(h) below, vested RSUs shall be converted into shares of Common Stock and be distributed to the Grantee within 30 days following the earlier of (i) “separation from service” or (ii) Change in Control. “Separation from service” (and variations thereof) shall, for all purposes of this Agreement, have the meaning given in Section 1.409A-1(h) of the Treasury Regulations (or any successor provision).

Appears in 3 contracts

Samples: Restricted Stock Unit Agreement (Hexcel Corp /De/), Restricted Stock Unit Agreement (Hexcel Corp /De/), Restricted Stock Unit Agreement (Hexcel Corp /De/)

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Conversion of RSUs. Subject to Section 2(h2(f) below, vested the RSUs shall be converted into shares of Common Stock and be distributed to the Grantee within 30 days following the earlier of (i) “separation from service” or (ii) Change in Control. “Separation from service” (and variations thereof) shall, for all purposes of this Agreement, have the meaning given in Section 1.409A-1(h) of the Treasury Regulations (or any successor provision).

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Hexcel Corp /De/)

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