Common use of Restricted Stock Units Awarded Clause in Contracts

Restricted Stock Units Awarded. (a) Effective , 20 , the Company hereby awards to the Grantee, in the aggregate, «Shares» Restricted Stock Units. (b) The Company shall in accordance with the Plan establish and maintain a Restricted Stock Unit Account for the Grantee, and such account shall be credited for the number of Restricted Stock Units granted to the Grantee. The Restricted Stock Unit Account shall be credited for any securities or other property (including regular cash dividends) distributed to the Company in respect of its Shares. Any such property shall be subject to the same vesting schedule as the Restricted Stock Units to which they relate. (c) Until the Restricted Stock Units awarded to the Grantee shall have vested, the Restricted Stock Units and any related securities, cash dividends or other property nominally credited to a Restricted Stock Unit Account shall not be sold, transferred, or otherwise disposed of and shall not be pledged or otherwise hypothecated.

Restricted Stock Units Awarded. (a) Effective , 20 , the Company hereby awards to the Grantee, in the aggregate, «Shares» Restricted Stock UnitsUnits (the “Aggregate Target Award”). The actual number of Restricted Stock Units earned by the Grantee may be less than or greater than the Aggregate Target Award, as set forth in Section 3. (b) The Company shall in accordance with the Plan establish and maintain a Restricted Stock Unit Account for the Grantee, and such account shall be credited for the number of Restricted Stock Units granted to the Grantee. The Restricted Stock Unit Account shall be credited for any securities or other property (including regular cash dividends) distributed to the Company in respect of its SharesShares (“Dividend Credits”) as if each Restricted Stock Unit were one Share. Any such property Dividend Credits shall be subject to the same vesting schedule as the Restricted Stock Units to which they relate. (c) Until the Restricted Stock Units awarded to the Grantee shall have vested, the Restricted Stock Units and any related securities, cash dividends or other property nominally credited to a Restricted Stock Unit Account Dividend Credits thereon shall not be sold, transferred, or otherwise disposed of and shall not be pledged or otherwise hypothecated.

Restricted Stock Units Awarded. (a) Effective , 20 , the Company The Employer hereby awards to the Grantee, in the aggregate, «Shares» ____________ Restricted Stock Units. (b) The Company Employer shall in accordance with the Plan establish and maintain a Restricted Stock Unit Account for the Grantee, and such account shall be credited for with the number of Restricted Stock Units granted to the Grantee. The Restricted Stock Unit Account shall be credited for the value of any securities or other property (including regular cash dividends) distributed to the Company in with respect of its Sharesthe Stock. Any such property shall be deemed reinvested in Common Stock and be subject to the same vesting schedule as the Restricted Stock Units to which they relate. (c) Until the Restricted Stock Units awarded to the Grantee shall have vested, the Restricted Stock Units and any related securities, cash dividends or other property nominally credited to a Restricted Stock Unit Account shall not be sold, transferred, or otherwise disposed of and shall not be pledged or otherwise hypothecated.

Restricted Stock Units Awarded. (a) Effective , 20 , the Company hereby awards to the Grantee, in the aggregate, «Shares» Restricted Stock Units. (b) The Company shall in accordance with the Plan establish and maintain a Restricted Stock Unit Account for the Grantee, and such account shall be credited for the number of Restricted Stock Units granted to the Grantee. The Restricted Stock Unit Account shall be credited for any securities or other property (including regular cash dividends) distributed to the Company in respect of its Shares. Any such property shall be subject to the same vesting schedule as the Restricted Stock Units to which they relate. (c) Until the Restricted Stock Units awarded to the Grantee shall have vested, the Restricted Stock Units and any related securities, cash dividends or other property nominally credited to a Restricted Stock Unit Account shall not be sold, transferred, or otherwise disposed of and shall not be pledged or otherwise hypothecated.