Common use of Grant of Restricted Share Unit Award Clause in Contracts

Grant of Restricted Share Unit Award. 1.1 The Company hereby grants to the Grantee an award (“Award”) of [number] Restricted Share Units (“RSUs”) on the terms and conditions set forth in this Agreement and as otherwise provided in the Plan. 1.2 The Grantee’s rights with respect to the Award shall remain forfeitable at all times prior to the dates on which the RSUs shall vest in accordance with Section 2 hereof. This Award may not be assigned, alienated, pledged, attached, sold or otherwise transferred or encumbered by Grantee other than by will or the laws of descent and distribution.

Grant of Restricted Share Unit Award. 1.1 The Company hereby grants to the Grantee an award (“Award”) of [number] ________ Restricted Share Units (“RSUs”) on the terms and conditions set forth in this Agreement and as otherwise provided in the Plan. 1.2 The Grantee’s rights with respect to the Award shall remain forfeitable at all times prior to the dates on which the RSUs shall vest in accordance with Section 2 hereof. This Award may not be assigned, alienated, pledged, attached, sold or otherwise transferred or encumbered by Grantee other than by will or the laws of descent and distribution.

Grant of Restricted Share Unit Award. 1.1 (a) The Company hereby grants to the Grantee an award (“"Award”") of [number] _________ Restricted Share Units (“"RSUs”") on the terms and conditions set forth in this Agreement and as otherwise provided in the Plan. 1.2 (b) The Grantee’s 's rights with respect to the Award shall remain forfeitable at all times prior to the dates on which the RSUs shall vest in accordance with Section 2 hereof. This Award may not be assigned, alienated, pledged, attached, sold or otherwise transferred or encumbered by Grantee other than by will or the laws of descent and distribution.