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Common use of Fractional Restricted Stock Units Clause in Contracts

Fractional Restricted Stock Units. Notwithstanding any provisions in this Agreement to the contrary, fractional Restricted Stock Units shall not vest until the date on which the Restricted Stock Units become 100% vested under Sections 3(a) or 3(b) hereof, and no share of Common Stock will be issued for the fractional Restricted Stock Unit unless the fractional Restricted Stock Unit is for at least one-half of a Restricted Stock Unit.

Appears in 6 contracts

Samples: Employee Restricted Stock Unit Agreement (Republic Services, Inc.), Restricted Stock Unit Agreement (Republic Services, Inc.), Employee Restricted Stock Unit Agreement (Republic Services, Inc.)

Fractional Restricted Stock Units. Notwithstanding any provisions in this Agreement herein to the contrary, fractional Restricted Stock Units shall not vest until the date on which the Restricted Stock Units become 100% vested under Sections 3(a) or 3(b) hereof, and no share of Common Stock will be issued for the fractional Restricted Stock Unit unless the fractional Restricted Stock Unit is for at least one-half of a Restricted Stock Unit.

Appears in 2 contracts

Samples: Employee Restricted Stock Unit Agreement, Employee Restricted Stock Unit Agreement (Republic Services, Inc.)