Common use of Grant of the Performance RSUs Clause in Contracts

Grant of the Performance RSUs. (a) On the terms and conditions and subject to the restrictions, including forfeiture, hereinafter set forth, the Company hereby grants to the Participant a target number of Performance RSUs equal to Number of shares granted (the “Target RSU Award”). The actual number of Performance RSUs which the Participant will earn under this Agreement will be finally determined based upon the Company’s Relative Total Shareholder Return achievement for the period commencing on January 1, 2018 and ending on December 31, 2020 (the “Performance Period”), in accordance with the provisions of Exhibit A attached to this Agreement and made a part hereof. (b) Each Performance RSU represents the unfunded, unsecured right of the Participant to receive one share of the Company’s common stock upon earning and vesting. The Participant will earn and become vested in the Performance RSUs, and take delivery of the Shares, as set forth in this Agreement.

Appears in 1 contract

Samples: Performance Restricted Stock Unit Award Agreement (Nielsen Holdings PLC)

AutoNDA by SimpleDocs

Grant of the Performance RSUs. (a) On the terms and conditions and subject to the restrictions, including forfeiture, hereinafter set forth, the Company hereby grants to the Participant a target number of Performance RSUs equal to Number of shares granted (the “Target RSU Award”). The actual number of Performance RSUs which the Participant will earn under this Agreement will be finally determined based upon the Company’s Relative Total Shareholder Return Free Cash Flow achievement for the period commencing on January 1, 2018 and ending on December 31, 2020 (the “Performance Period”), in accordance with the provisions of Exhibit A attached to this Agreement and made a part hereof. (b) Each Performance RSU represents the unfunded, unsecured right of the Participant to receive one share of the Company’s common stock upon earning and vesting. The Participant will earn and become vested in the Performance RSUs, and take delivery of the Shares, as set forth in this Agreement.

Appears in 1 contract

Samples: Performance Restricted Stock Unit Award Agreement (Nielsen Holdings PLC)

Grant of the Performance RSUs. (a) On the terms and conditions and subject to the restrictions, including forfeiture, hereinafter set forth, the Company hereby grants to the Participant a target number of Performance RSUs equal to Number of shares granted _______ (the “Target RSU Award”). The actual number of Performance RSUs which the Participant will earn under this Agreement will be finally determined based upon the Company’s Relative Total Shareholder Return achievement and Free Cash Flow achievements for the period commencing on January 1, 2018 2016 and ending on December 31, 2020 2018 (the “Performance Period”), in accordance with the provisions of Exhibit A attached to this Agreement and made a part hereof. (b) Each Performance RSU represents the unfunded, unsecured right of the Participant to receive one share of the Company’s common stock upon earning and vesting. The Participant will earn and become vested in the Performance RSUs, and take delivery of the Shares, as set forth in this Agreement.

Appears in 1 contract

Samples: Performance Restricted Stock Unit Award Agreement (Nielsen Holdings PLC)

Grant of the Performance RSUs. (a) On the terms and conditions and subject to the restrictions, including forfeiture, hereinafter set forth, the Company hereby grants to the Participant a target number of Performance RSUs equal to Number of shares granted (the “Target RSU Award”). The actual number of Performance RSUs which the Participant will earn under this Agreement will be finally determined based upon the Company’s Relative Total Shareholder Return achievement Cumulative Adjusted Earnings Per Share for the period commencing on January 1, 2018 2019 and ending on December 31, 2020 2021 (the “Performance Period”), in accordance with the provisions of Exhibit A attached to this Agreement and made a part hereof. (b) Each Performance RSU represents the unfunded, unsecured right of the Participant to receive one share of the Company’s common stock upon earning and vesting. The Participant will earn and become vested in the Performance RSUs, and take delivery of the Shares, as set forth in this Agreement.

Appears in 1 contract

Samples: Performance Restricted Stock Unit Award Agreement (Nielsen Holdings PLC)

AutoNDA by SimpleDocs

Grant of the Performance RSUs. (a) On the terms and conditions and subject to the restrictions, including forfeiture, hereinafter set forth, the Company hereby grants to the Participant a target number of Performance RSUs equal to Number of shares granted _______ (the “Target RSU Award”). The actual number of Performance RSUs which the Participant will earn under this Agreement will be finally determined based upon the Company’s Relative Total Shareholder Return achievement and Free Cash Flow achievements for the period commencing on January 1, 2018 2015 and ending on December 31, 2020 2017 (the “Performance Period”), in accordance with the provisions of Exhibit A attached to this Agreement and made a part hereof. (b) Each Performance RSU represents the unfunded, unsecured right of the Participant to receive one share of the Company’s common stock upon earning and vesting. The Participant will earn and become vested in the Performance RSUs, and take delivery of the Shares, as set forth in this Agreement.

Appears in 1 contract

Samples: Performance Restricted Stock Unit Award Agreement (Nielsen N.V.)

Grant of the Performance RSUs. (a) On the terms and conditions and subject to the restrictions, including forfeiture, hereinafter set forth, the Company hereby grants to the Participant a target number of Performance RSUs equal to Number of shares granted (the “Target RSU Award”). The actual number of Performance RSUs which the Participant will earn under this Agreement will be finally determined based upon the Company’s Relative Total Shareholder Return achievement and Free Cash Flow achievements for the period commencing on January 1, 2018 2014 and ending on December 31, 2020 2016 (the “Performance Period”), in accordance with the provisions of Exhibit A attached to this Agreement and made a part hereof. (b) Each Performance RSU represents the unfunded, unsecured right of the Participant to receive one share of the Company’s common stock upon earning and vesting. The Participant will earn and become vested in the Performance RSUs, and take delivery of the Shares, as set forth in this Agreement.

Appears in 1 contract

Samples: Performance Restricted Stock Unit Award Agreement (Nielsen Holdings N.V.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!