Restricted Stock Unit Account. The Company shall maintain an account (the “Restricted Stock Unit Account” or “Account”) on its books in the name of the Recipient, which shall reflect the number of Restricted Stock Units awarded to the Recipient.
Restricted Stock Unit Account. The Restricted Stock Unit Award will be credited to Colleague’s Restricted Stock Unit Account as of the Award Date and upon satisfaction of the conditions of this Agreement.
Restricted Stock Unit Account. As soon as practical following the Award Date, the Company shall credit the Colleague’s Restricted Stock Unit Account with the number of Restricted Stock Units awarded.
Restricted Stock Unit Account. Restricted Stock Units represent hypothetical shares of Company Stock, and not actual shares of Company Stock. Each Restricted Stock Unit is equivalent in value to one share of Company Stock and shall represent the Company's commitment to issue one share of Company Stock at a future date, subject to the terms of the Agreement and the Plan. The Company shall establish and maintain a bookkeeping account on its records, and shall record in such account the number of Restricted Stock Units granted to the Grantee. No shares of Company Stock shall be issued to the Grantee at the time the Restricted Stock Units are granted, and the Grantee shall not be, nor have any of the rights or privileges of, a stockholder of the Company with respect to any Restricted Stock Units recorded in the account. The Grantee shall not have the right to receive any dividends or other distributions with respect to Restricted Stock Units. The Grantee shall not have any interest in any fund or specific assets of the Company by reason of the grant of Restricted Stock Units or the Restricted Stock Unit account established for the Grantee.
Restricted Stock Unit Account. Stock Units represent hypothetical shares of Company Stock and not actual shares of stock. The Company shall establish and maintain a Restricted Stock Unit account, as a bookkeeping account on its records, for the Grantee and shall record in such account the number of Stock Units granted to the Grantee. No shares of Company Stock shall be issued to the Grantee at the time the grant is made, and the Grantee shall not be, nor have any of the rights or privileges of, a stockholder of the Company with respect to any Stock Units recorded in the account. The Grantee shall not have any interest in any fund or specific assets of the Company by reason of this award or the Restricted Stock Unit account established for the Grantee.
Restricted Stock Unit Account. Restricted Stock Units represent hypothetical shares of Common Stock, and not actual shares of stock. The Company shall establish and maintain a restricted stock unit account (the “RSU Account”), as a bookkeeping account on its records, for the Grantee and shall record in such account the number of Restricted Stock Units granted to the Grantee. The Grantee shall not have any interest in any fund or specific assets of the Company by reason of this award or the RSU Account established for the Grantee.
Restricted Stock Unit Account. The number of Restricted Stock Units deferred as provided in the Election Form pursuant to Section 2 of this Agreement shall be credited to the Employee's Restricted Stock Unit Account. Each Restricted Stock Unit Account shall be maintained on the books of the Company until full payment of the balance thereof has been made to the Employee (or the beneficiaries of a deceased Employee) as described in Section 6 below. No funds shall be set aside or earmarked for any Restricted Stock Unit Account, which shall be purely a bookkeeping device.
Restricted Stock Unit Account. The Company shall establish and maintain a Restricted Stock Unit account for and on behalf of the Grantee and shall record in such account the number of Restricted Stock Units awarded to the Grantee. No shares of Common Stock shall be issued to the Grantee at the time the Award is made, and the Grantee shall not be, nor have any of the rights or privileges of, a stockholder of the Company with respect to any Restricted Stock Units recorded in such account. The Restricted Stock Units shall not be treated as property or as a trust fund of any kind, and the Grantee shall not have any interest in any fund or specific assets of the Company by reason of the Restricted Stock Unit account established for the Grantee.
Restricted Stock Unit Account. The target number of Restricted Stock Units will be credited to Colleague’s Restricted Stock Unit Account as of the Award Date and upon satisfaction of the conditions of this Agreement.
Restricted Stock Unit Account. The Company shall establish and maintain a RSU account as a bookkeeping account on its records (the “RSU Account”) for the Grantee and shall record in such RSU Account the number of RSUs granted to the Grantee pursuant to this Agreement. The Grantee shall not have any interest in any fund or specific assets of the Company by reason of this grant or the RSU Account established for the Grantee.
