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

Grant of Restricted Stock Unit Award. The Company hereby grants to the Participant, as of the Grant Date specified above, the number of PRSUs specified above. Except as otherwise provided by the Plan, the Participant agrees and understands that nothing contained in this Agreement provides, or is intended to provide, the Participant with any protection against potential future dilution of the Participant’s interest in the Company for any reason. The Participant shall not have the rights of a stockholder in respect of the Shares underlying this Award until such Shares are delivered to the Participant in accordance with Section 4.

Appears in 4 contracts

Samples: Performance Restricted Stock Unit Agreement (Masonite International Corp), Performance Restricted Stock Unit Agreement (Masonite International Corp), Performance Restricted Stock Unit Agreement (Masonite International Corp)

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Grant of Restricted Stock Unit Award. The Company hereby grants to the Participant, as of the Grant Date specified above, the number of PRSUs Restricted Stock Units specified above. Except as otherwise provided by Section 10.12 of the Plan, the Participant agrees and understands that nothing contained in this Agreement provides, or is intended to provide, the Participant with any protection against potential future dilution of the Participant’s stockholder interest in the Company for any reason. The Participant shall not have the rights of a stockholder in respect of the Shares any Share underlying this Award until such Shares are Share is delivered to the Participant in accordance with Section 4.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Solutia Inc), Restricted Stock Unit Award Agreement (Solutia Inc)

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Grant of Restricted Stock Unit Award. The Company hereby grants to the Participant, as of the Grant Date specified above, the number of PRSUs Restricted Stock Units specified above. Except as otherwise provided by Section 11.12 of the Plan, the Participant agrees and understands that nothing contained in this Agreement provides, or is intended to provide, the Participant with any protection against potential future dilution of the Participant’s interest in the Company for any reason. The Participant shall not have the rights of a stockholder in respect of the Shares any Share underlying this Award until such Shares are Share is delivered to the Participant in accordance with Section 4.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Solutia Inc), Restricted Stock Unit Award Agreement (Solutia Inc)

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