Number of Shares Granted. Restricted Stock Units on the terms and conditions set forth herein (the “Units”). Each Unit, once vested, represents an unfunded, unsecured right of the Participant to receive one share of Common Stock (each, a “Share”) at a specified time. The Units will become vested, and the underlying Shares will be issued in respect of vested Units, as set forth in this Agreement.
Appears in 2 contracts
Samples: Restricted Stock Unit Award Agreement (Livent Corp.), Ipo Restricted Stock Unit Award Agreement (Livent Corp.)
Number of Shares Granted. Restricted Stock Units on the terms and conditions set forth herein (the “Units”). Each UnitSubject to the terms set forth in this Agreement, once vested, each Unit represents an unfunded, unsecured right of the Participant to receive one share of Common Stock (each, each a “Share”) at a specified time. The Units will become vested, and the underlying Shares will be issued in respect of vested Units, as set forth in this Agreement.
Appears in 1 contract
Samples: Restricted Stock Unit Award Agreement (Livent Corp.)
Number of Shares Granted. Restricted Stock Units on the terms and conditions set forth herein (the “Units”). Each Unit, once vested, represents an unfunded, unsecured right of the Participant to receive one share of Common Stock (each, each a “Share”) at a specified time. The Units will become vested, and the underlying Shares will be issued in respect of vested Units, as set forth in this Agreement.
Appears in 1 contract
Samples: Restricted Stock Unit Award Agreement (Livent Corp.)