RSU Calculation Clause Samples

RSU Calculation. (a) If the Growth Rate Delta is equal to zero percent (0%), the number of Restricted Stock Units that will be eligible to vest (the “Calculated RSUs”) will equal the Baseline Number of Restricted Stock Units; and (b) If the Growth Rate Delta is greater or less than zero percent (0%), the Calculated RSUs will be equal to: (i) the Baseline Number of Restricted Stock Units, multiplied by (ii) the sum of (A) 100% and (B) five (5) times the Growth Rate Delta; provided, however, that in no event will more than the Maximum Number of Restricted Stock Units become Calculated RSUs or will the number of Calculated RSUs be less than zero.
View SourceView Similar (3)
RSU Calculation. (a) If the Growth Rate Delta is equal to zero percent (0%) at the end of the applicable Performance Period, the number of Restricted Stock Units that will be eligible to vest (the “Calculated RSUs”) will equal fifty percent (50%) of the Baseline Number of Restricted Stock Units for such Performance Period; and (b) If the Growth Rate Delta is greater or less than zero percent (0%) at the end of the applicable Performance Period, the Calculated RSUs for such Performance Period will be equal to: (i) fifty percent (50%) of the Baseline Number of Restricted Stock Units, multiplied by (ii) the sum of (A) 100% and (B) five (5) times the Growth Rate Delta; provided, however, that in no event will more than fifty percent (50%) of the Maximum Number of Restricted Stock Units for any given Performance Period become Calculated RSUs or will the number of Calculated RSUs for any given Performance Period be less than zero.
View Source

Related to RSU Calculation

  • Payment Calculation District shall pay Contractor at a rate of $ per . District shall pay Contractor as described in attached Exhibit A

  • Interest Calculation Interest on the outstanding principal balance of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the period for which the calculation is being made by (b) a daily rate based on a three hundred sixty (360) day year by (c) the outstanding principal balance.

  • Calculation Any figure or percentage referred to in this Agreement shall be carried to seven decimal places.

  • Subsequent Recalculation In the event the Internal Revenue Service adjusts the computation of the Company under Section 5.2 herein so that the Executive did not receive the greatest net benefit, the Company shall reimburse the Executive for the full amount necessary to make the Executive whole, plus a market rate of interest, as determined by the Committee, within 30 days after such adjustment.

  • Interest Calculations Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).