Restricted Stock Unit. Stock Unit is an Award denominated in shares of Stock, except that no shares of Stock are actually awarded to the Participant on the date of grant. The Restricted Stock Units will be credited to the Participant’s account, subject to the terms of the Plan and this Agreement. A Restricted Stock Unit will be settled in shares of the Corporation’s Stock.
Appears in 4 contracts
Samples: Performance Award Agreement for Restricted Stock Units (Salisbury Bancorp, Inc.), Performance Award Agreement for Restricted Stock Units (Salisbury Bancorp, Inc.), Performance Award Agreement for Restricted Stock Units (Salisbury Bancorp Inc)
Restricted Stock Unit. Stock Unit is an Award denominated in shares of Stock, except that no shares of Stock are actually awarded to the Participant on the date of grant. The Restricted Stock Units will be credited to the Participant’s account, subject to the terms of the Plan and this Agreement. A Restricted Stock Unit will be settled in shares of the CorporationCompany’s Stock.
Appears in 1 contract
Samples: Performance Award Agreement for Restricted Stock Units (Waterstone Financial, Inc.)
