Common use of Issuance of Restricted Stock Units Clause in Contracts

Issuance of Restricted Stock Units. On the date of the grant specified in the Notice of Grant (“Grant Date”), the Company shall issue to the Participant, subject to the provisions hereof and the Plan, the total number of Restricted Stock Units specified in the Notice of Grant (the “RSUs”). Each RSU shall be the equivalent of one share of Common Stock. No Shares shall be issued upon execution of this Award Agreement. Unless and until the RSUs have vested in accordance with this Award Agreement, the Participant shall have no right to receive any Shares.

Issuance of Restricted Stock Units. On the date of the grant specified in the Notice of Grant (“Grant Date”), the Company shall issue to the Participant, subject to the provisions hereof and the Plan, the total number of <<insert number>> Restricted Stock Units specified in the Notice of Grant (the “RSUs”). Each RSU shall be the equivalent of one share of Common Stock. No Shares shall be issued upon execution of this Award Agreement. Unless and until the RSUs have been earned and vested in accordance with this Award Agreement, the Participant shall have no right to receive any Shares.

Issuance of Restricted Stock Units. On the date of the grant specified in the Notice of Grant (“Grant Date”), the Company shall issue to the Participant, subject to the provisions hereof and the Plan, the total number of <<insert number>> Restricted Stock Units specified in the Notice of Grant (the “RSUs”). Each RSU shall be the equivalent of one share of Common Stock. No Shares shall be issued upon execution of this Award Agreement. Unless and until the RSUs have vested in accordance with this Award Agreement, the Participant shall have no right to receive any Shares.

Issuance of Restricted Stock Units. On the date of the grant specified in the Notice of Grant (“Grant Date”), the Company shall issue to the Participant, subject to the provisions hereof and the Plan, the total number of ((INSERT NUMBER)) Restricted Stock Units specified in the Notice of Grant (the “"RSUs”"). Each RSU shall be the equivalent of one share Share of Common Stock. No Shares shall be issued upon execution of this Award Agreement. Unless and until the RSUs have vested in accordance with this Award Agreement, the Participant shall have no right to receive any Shares.