Common use of Restricted Stock Units Awarded Clause in Contracts

Restricted Stock Units Awarded. (a) The Company hereby awards to the Grantee, in the aggregate, restricted Common Stock units (“Restricted Stock Units”), which shall be subject to the terms of the Plan and this Agreement. (b) The Restricted Stock Units shall be credited to a separate account maintained for the Grantee on the books of the Company (the “Account”). On any given date, the value of each Restricted Stock Unit comprising the Award shall equal the Fair Market Value of one share of Common Stock. The Award shall vest and settle in accordance with Section 3 hereof.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Max Capital Group Ltd.), Restricted Stock Unit Agreement (Max Capital Group Ltd.)

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Restricted Stock Units Awarded. (a) The Company hereby awards to the Grantee, in the aggregate, restricted Common Stock Share units (“Restricted Stock Units”), which shall be subject to the terms of the Plan and this Agreement. (b) The Restricted Stock Units shall be credited to a separate account maintained for the Grantee on the books of the Company (the “Account”). On any given date, the value of each Restricted Stock Unit comprising the Award shall equal the Fair Market Value of one share of Common StockShare. The Award shall vest and settle in accordance with Section 3 hereof.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Max Capital Group Ltd.), Restricted Stock Unit Agreement (Max Capital Group Ltd.)

Restricted Stock Units Awarded. (a) The Company hereby awards to the GranteeParticipant, in the aggregate, restricted Common Stock units (“[ ] Restricted Stock Units”), which shall be subject to the terms of the Plan and this Agreement. Each Restricted Stock Unit represents the unfunded and unsecured promise of the Company to deliver to the Participant one Common Share on the Settlement Date (as defined below). (b) The Restricted Stock Units shall be credited to a separate account maintained for the Grantee Participant on the books of the Company (the “Account”). On any given date, the value of each Restricted Stock Unit comprising the Award shall equal the Fair Market Value of one share of Common Stock. The Award shall vest and settle be settled in accordance with Section 3 hereof.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (EVERTEC, Inc.)

Restricted Stock Units Awarded. (a) The Company hereby awards to the GranteeParticipant, in the aggregate, restricted Common Stock Share units (“Restricted Stock Units”), which shall be subject to the terms of the Plan and this Agreement. (b) The Restricted Stock Units shall be credited to a separate account maintained for the Grantee Participant on the books of the Company (the “Account”). On any given date, the value of each Restricted Stock Unit comprising the Award shall equal the Fair Market Value of one share of Common Stock. The Award shall vest and settle in accordance with Section 3 hereof.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Aventine Renewable Energy Holdings Inc)

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Restricted Stock Units Awarded. (a) The Company hereby awards to the Grantee, in the aggregate, ___________ restricted Common Stock Share units (“Restricted Stock Units”), which shall be subject to the terms of the Plan and this Agreement. (b) The Restricted Stock Units shall be credited to a separate account maintained for the Grantee on the books of the Company (the “Account”). On any given date, the value of each Restricted Stock Unit comprising the Award shall equal the Fair Market Value of one share of Common StockShare. The Award shall vest and settle in accordance with Section 3 hereof.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Max Capital Group Ltd.)

Restricted Stock Units Awarded. (a) The Company hereby awards to the Grantee, in the aggregate, ___________ restricted Common Stock units (“Restricted Stock Units”), which shall be subject to the terms of the Plan and this Agreement. (b) The Restricted Stock Units shall be credited to a separate account maintained for the Grantee on the books of the Company (the “Account”). On any given date, the value of each Restricted Stock Unit comprising the Award shall equal the Fair Market Value of one share of Common Stock. The Award shall vest and settle in accordance with Section 3 hereof.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Max Capital Group Ltd.)

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