Name of Participant Sample Clauses

Name of Participant. Date of Grant: _____________________________
Name of Participant. Grant Date: (the “Grant Date”)
Name of Participant. Date of Grant: January 24, 2017
Name of Participant. Number of Shares of Restricted Stock (the “Shares”):
Name of Participant. Date of Xxxxx: May 28, 2014
Name of Participant. Total Number of Stock Units Granted: Date of Grant: ___________ ____, _____ Vesting Commencement Date: ___________ ____, _____ Vesting Schedule: [The Stock Units subject to this Award vest when you complete each [12 months] of continuous Service as an Employee or a Consultant from the Vesting Commencement Date.] [Sample language – actual vesting to be inserted.] By: Its: Print Name VIOLIN MEMORY, INC. NOTICE OF STOCK UNIT AWARD Payment for Stock Units No cash payment is required for the Stock Units you receive. You are receiving the Stock Units in consideration for Services rendered by you. Vesting The Stock Units that you are receiving will vest in installments, as shown in the Notice of Stock Unit Award. No additional Stock Units vest after your Service as an Employee or a Consultant has terminated for any reason. Forfeiture If your Service terminates for any reason, then your Award expires immediately as to the number of Stock Units that have not vested before the termination date and do not vest as a result of termination. This means that the unvested Stock Units will immediately be cancelled. You receive no payment for Stock Units that are forfeited. The Company determines when your Service terminates for this purpose and all purposes under the Plan and its determinations are conclusive and binding on all persons. Leaves of Absence For purposes of this Award, your Service does not terminate when you go on a military leave, a sick leave or another bona fide leave of absence, if the leave of absence was approved by the Company in writing and if continued crediting of Service is required by the terms of the leave or by applicable law. But your Service terminates when the approved leave ends, unless you immediately return to active work. If you go on a leave of absence, then the vesting schedule specified in the Notice of Stock Unit Award may be adjusted in accordance with the Company’s leave of absence policy or the terms of your leave. If you commence working on a part-time basis, then the vesting schedule specified in the Notice of Stock Unit Award may be adjusted in accordance with the Company’s part-time work policy or the terms of an agreement between you and the Company pertaining to your part-time schedule. Nature of Stock Units Your Stock Units are mere bookkeeping entries. They represent only the Company’s unfunded and unsecured promise to issue Shares on a future date. As a holder of Stock Units, you have no rights other than the rights of a ge...
Name of Participant. Participant DOB:
Name of Participant. (the “Participant”).
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