Performance Restricted Stock Units. The Restricted Stock Units are Performance Awards and will become vested if and to the extent the service and performance vesting conditions set forth in Section 2 are satisfied. To the extent so vested, each Restricted Stock Unit represents an unfunded, unsecured right of the Grantee to receive one Share at a specified time.
Appears in 6 contracts
Samples: Restricted Stock Unit Award Agreement, Restricted Stock Unit Award Agreement (Destination Maternity Corp), Restricted Stock Unit Award Agreement (Destination Maternity Corp)