Common use of Restricted Stock Unit Clause in Contracts

Restricted Stock Unit. This agreement confirms that, subject to the terms and conditions of the Analog Devices, Inc. Amended and Restated 2006 Stock Incentive Plan (the “Plan”), the Company has granted to the Participant, effective on the Date of Grant set forth below, that number of RSUs set forth below: Date of Grant: {GRANTDATE} Number of RSUs Granted: {RSSHARESGRANTED} Vesting Schedule: The RSUs shall vest on the earlier of {GRANTDATE+1} or the date of the Company’s next annual meeting of shareholders, subject to the Participant’s continued service as a member of the Company’s Board of Directors (a “Director”). Each one (1) RSU shall, if and when it vests in accordance with this Award, automatically convert into one (1) share of common stock, US$0.16 2/3 par value, of the Company (“Common Stock”) issuable as provided below. The RSUs are subject to the vesting provisions set forth in Section 2, the restrictions on transfer set forth in Section 3 and the right of the Company to retain Shares (as defined below) pursuant to Section 7.

Appears in 4 contracts

Samples: 2006 Stock Incentive Plan (Analog Devices Inc), 2006 Stock Incentive Plan (Analog Devices Inc), 2006 Stock Incentive Plan (Analog Devices Inc)

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Restricted Stock Unit. This agreement confirms that, subject to the terms and conditions of the Analog Devices, Inc. Amended and Restated 2006 Stock Incentive Plan (the "Plan"), the Company has granted to the Participant (the "Participant"), effective on the Date of Grant set forth below, that number of RSUs set forth below: Date of Grant: {GRANTDATE} Number of RSUs Granted: {RSSHARESGRANTED} Vesting Schedule: The RSUs shall vest on the earlier of {GRANTDATE+1} or the date of the Company’s next annual meeting of shareholders, subject to the Participant’s continued service as a member of the Company’s Board of Directors (a “Director”). shareholders Each one (1) RSU shall, if and when it vests in accordance with this Award, automatically convert into one (1) share of common stock, US$0.16 2/3 par value, of the Company ("Common Stock") issuable as provided below. The RSUs are subject to the vesting provisions set forth in Section 2, the restrictions on transfer set forth in Section 3 and the right of the Company to retain Shares (as defined below) pursuant to Section 7.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Analog Devices Inc), Restricted Stock Unit Agreement (Analog Devices Inc)

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Restricted Stock Unit. This agreement Restricted Stock Unit Agreement (the “Agreement”) confirms that, subject to the terms and conditions of the Analog Devices, Inc. Amended and Restated 2006 Stock Incentive Plan (the “Plan”), the Company has granted to the Participant, effective on the Date of Grant set forth below, that number of RSUs set forth below: Date of Grant: {GRANTDATEGrant Date} Number of RSUs Granted: {RSSHARESGRANTEDNumber of Awards Granted} Vesting Schedule: The RSUs shall vest on the earlier of {GRANTDATE+1} one year from Grant Date or the date of the Company’s next annual meeting of shareholders, subject to the Participant’s continued service as a member of the Company’s Board of Directors (a “Director”). Each one (1) RSU shall, if and when it vests in accordance with this Award, automatically convert into one (1) share of common stock, US$0.16 2/3 par value, of the Company (“Common Stock”) Stock issuable as provided below. The RSUs are subject to the vesting provisions set forth in Section 2, the restrictions on transfer set forth in Section 3 and the right of the Company to retain Shares (as defined below) pursuant to Section 7.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Analog Devices Inc)

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