Restricted Stock Unit Grants. Aggregate number of shares of Common Stock subject to the Restricted Stock Units granted hereunder (100% of number of shares): 166,667
Restricted Stock Unit Grants. In consideration of the Executive’s entering into this Agreement and as an inducement to remain with the Company, the Executive shall be granted promptly following the Commencement Date, under the Stock Plan:
Restricted Stock Unit Grants. Executive will be granted 500,000 shares of common voting stock to vest quarterly over the next ten (10) quarters in accordance with the restricted stock grant agreement the form of which is attached herein as Exhibit B.
Restricted Stock Unit Grants. On January 31, 2019, we granted 922,494 restricted stock units pursuant to the Hercules Capital, Inc. Amended and Restated 2018 Equity Incentive Plan, or the 2018 Equity Incentive Plan. ATM Equity Program Issuances Subsequent to December 31, 2018 and as of February 25, 2019, we did not sell any shares under the Equity Distribution Agreement. As of February 25, 2019, approximately 5.3 million shares remain available for issuance and sale under the Equity Distribution Agreement.
Restricted Stock Unit Grants. The Grants of Restricted Stock dated July 10, 2015, and October 15, 2015, issued to Executive are terminated effective December 24, 2015, and the 250,000 shares of restricted common stock issued pursuant to the Grant of Restricted Stock dated October 15, 2015, are hereby cancelled. As a replacement, the Company will issue to Executive a fully vested warrant to purchase 1,500,000 shares of the Company's common stock as set forth in the form attached hereto as Exhibit A.
Restricted Stock Unit Grants. (a) On September 18, 2017, Team will grant to you an award of restricted stock units (the “Service RSUs”) relating to 14,815 shares of common stock of the Team, par value $0.30 per share (“Shares”) pursuant to the Team, Inc. 2016 Equity Incentive Plan (the “EIP”). The Service RSUs will vest in full and be settled upon the earliest to occur of (a) January 18, 2018, (b) Team’s appointment of a permanent Chief Executive Officer, (c) Team’s termination of your service as CEO without Cause, and (d) your ceasing to serve as interim Chief Executive Officer due to your death or permanent disability, as determined by the Board in its reasonable, good faith discretion (the earliest to occur of clauses (a), (b), (c) and (d) the “RSU Vesting Date”), subject to your continued service as CEO through the RSU Vesting Date. If your service as CEO terminates for any reason prior to the RSU Vesting Date, you will forfeit the Service RSUs.
Restricted Stock Unit Grants. 41 7. CONDITIONS TO THE BUYER'S OBLIGATIONS AT THE CLOSING......................42 7.1. Representations and Warranties................................42 7.2. Performance...................................................42 7.3. Stock Certificates............................................42 7.4.
Restricted Stock Unit Grants. The individuals identified on Exhibit 6.16(a) will receive on the Closing Date such number of Restricted Stock Units equal to the result obtained by dividing (i) the dollar amount set forth next to the name of such recipient on Exhibit 6.16(a) by (ii) the average of the daily volume-weighted average price per share (rounded to the nearest cent) of Buyer Common Stock as reported by the NASDAQ National Market over the five trading days immediately prior to the trading day before the Closing Date (the "RSU Grants"). The Restricted Stock Units will be represented by award certificates in substantially the forms attached as Exhibit 6.16(b) (the "Restricted Stock Unit Certificates"). Any Restricted Stock Units that are forfeited pursuant to the terms of the relevant Restricted Stock Unit Certificate will become available for further grants by Buyer to key employees of the Business following the Closing Date. Upon the issuance of the RSU Grants, the Buyer will be entitled to deduct and withhold any withholding Taxes or other amounts required under the Code or any applicable Legal Requirement to be deducted and withheld as a result of such issuance. To the extent that any such amounts are so deducted or withheld, such amounts will be treated for all purposes of this Agreement as having been paid to the Person in respect of which such deduction and withholding was made.
Restricted Stock Unit Grants. (i) In consideration of Executive’s entering into this Agreement, Executive shall be awarded a one-time grant of 625,000 restricted stock units, each convertible on a one-for-one basis into shares of the Company’s common stock, subject to the following vesting terms: 312,500 units shall vest on the Commencement Date and the remaining 312,500 units shall vest in equal quarterly installments over the next two years, such that the full award would be fully vested on July 16, 2020. The Company will utilize the net tax withholding method. The Executive will receive the net shares and the Company will withhold a number of shares having a fair market value as of the vesting date equal to the amount of required tax withholding and pay the such taxes related to this award on behalf of the Executive. The utilization of the net tax withholding method is non-voluntary by the Executive.
Restricted Stock Unit Grants. Date of Award Agreement Number of Grant Units Number of Units Forfeited Number of Units Vested as of December 31, 2013 March 11, 2011 144,396 8,022 136,374 May 18, 2012 115,930 51,524 64,406 May 20, 2013 118,056 91,821 26,235 Total 378,382 151,367 227,015 Performance Unit Grants Date of Award Agreement Number of Grant Units Number of Units Vested as of December 31, 2013 March 11, 2011 12,533.57 (Performance Units) 12,533.57 May 18, 2012 12,534 (Performance Units) 8,356 May 20, 2013 3,761 (Performance Cash Units) 1,254 May 20, 2013 88,542 (Performance Stock Units) 29,514 Appendix B
