Common use of Issuance of Restricted Stock Units Clause in Contracts

Issuance of Restricted Stock Units. (a) The Restricted Stock Units are granted to the Recipient, effective as of the Agreement Date (as set forth on the Notice of Grant), in consideration of employment and other services rendered and to be rendered by the Recipient to the Company. Each Restricted Stock Unit represents the right to receive one share of Common Stock, subject to the terms and conditions set forth in the cover page of this Agreement, these terms and conditions and the Plan. (b) The Recipient agrees that the Restricted Stock Units shall be subject to the forfeiture provisions set forth in Section 3 of this Agreement and the restrictions on transfer set forth in Section 4 of this Agreement

Appears in 6 contracts

Samples: Restricted Stock Unit Agreement (Endurance International Group Holdings, Inc.), Restricted Stock Unit Agreement (Endurance International Group Holdings, Inc.), Restricted Stock Unit Agreement (Ravichandran Hari K)

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