RSU Vesting. Any remaining unvested time-based RSUs shall accelerate and vest, and shall be issued and delivered to Employee promptly (and in any event no later than 10 business days) following the effective date of the Second Release, and such shares are subject to applicable tax withholding.
RSU Vesting. 20,1000,000 of the RSUs will vest in eight equal quarterly installments on the last day of each quarter over the next two years, beginning with the quarter commencing on April 1, 2022, based on the continued employment with Buyer of Arana Jr. 6,700,000 of the RSUs will vest in eight equal quarterly installments on the last day of each quarter over the next two years, beginning with the quarter commencing on April 1, 2022, based on the continued employment with Buyer of Danish. In the event Arana Jr. or Danish’s employment is terminated without Cause (as defined in their employment agreements) or resigns with Good Reason (as defined in their employment agreements), the remaining unvested RSUs associated with such individual shall automatically vest. In the event Buyer terminates Arana Jr. or Danish with Cause or Arana Jr. or Danish resigns without Good Reason, the remaining unvested RSUs associated with such individual shall automatically be cancelled.
RSU Vesting. All RSUs referenced herein will vest over four (4) years, commencing on August 31, 2021, the commencement of Executive’s employment as the Company’s Chief Executive Officer (the “Vesting Commencement Date”), with twenty-five percent (25%) of the RSUs vesting on the one-year anniversary of Executive’s Vesting Commencement Date, and the remaining RSUs vesting in equal quarterly installments (every three (3) months) thereafter on the same day of the month as the Vesting Commencement Date, contingent upon Executive’s continuous employment at the Company through each such date. The RSUs will be subject to the terms and conditions of the Company’s 2015 Equity Incentive Plan (the “2015 Plan”), as described in the 2015 Plan and the applicable 2015 equity award agreement.
RSU Vesting. Any unvested Compuware restricted stock units granted prior to January 1, 2014, including any dividend equivalent rights attached thereto, will vest effective on the day after the expiration of the revocation period following the Employee signing this Agreement. The Employee agrees that the surviving terms of his Employment Agreement shall remain in full force and effect.
RSU Vesting. A portion of the Performance Award will become earned to the extent that the performance goals on Exhibit A applicable to the relevant Performance Period are achieved (as determined by the Board and/or Committee) following the end of the applicable Performance Period (such portion that becomes earned, the “Earned Portion”). Following the end of Year 3, the Earned Portions, if any, for each of Years 1, 2, and 3 will be aggregated and converted into RSUs on the Conversion Date and the RSUs will vest on January 1, 2027 (the “Vesting Date”), subject to your continued employment through the Vesting Date except as otherwise provided herein. For the avoidance of doubt, no portion of the Performance Award, and no RSUs, whether or not earned, will become vested or payable to you if you experience a Termination of Employment prior to the Vesting Date (except as set forth herein, including Section 6 below).
RSU Vesting. Within 30 days after Employee’s execution of this Agreement and provided that Employee has not revoked this Agreement in accordance with Section 9, Employee will vest in and receive shares of the common stock of Parent (“Shares”) underlying the following time-based restricted stock units (“RSUs”) that are outstanding and unvested as of the Separation Date, which are as follows: (x) 17,045 Shares underlying the RSUs issued under the Restricted Stock Unit Agreement between Parent and Employee dated February 12, 2021, (y) 15,548 Shares underlying the outstanding RSUs issued under the Restricted Stock Unit Agreement between Parent and Employee dated February 10, 2022, and (z) 14,474 Shares underlying the outstanding and unvested RSUs issued under the Restricted Stock Unit Agreement between Parent and Employee dated February 9, 2023.
RSU Vesting. The RSUs shall vest as of the dates and in the amounts set forth below provided that Awardee is serving as a Director on such date: A. 1,500 RSUs shall vest on ___ _, 20__; B. 1,500 RSUs shall vest on ___ _, 20__; and C. 1,500 RSUs shall vest on ___ _, 20__.
RSU Vesting. Within 15 days after Employee’s execution of this Agreement, and provided that Employee has not revoked this Agreement in accordance with Section 9, employee will receive XXXXXX shares of U.S. Silica Holdings, Inc. stock constituting XXXXXX (XXXXXX) of the previously awarded 2017 Restricted Stock Award (“RSA”) grant. Employee will also receive XXXXXX shares of U.S. Silica Holdings, Inc. stock constituting XXXXXX (XXXXXX) of the previously awarded 2018 Restricted Stock Unit (“RSU”) grant.
RSU Vesting. The Company previously granted equity incentive grants to Contractor currently consisting of 37,500 unvested restricted stock units scheduled to vest on December 31, 2019 and December 31, 2020 (the “RSUs”). As of the Effective Date, Contractor will be entitled to receive shares of Class A common stock of the Company resulting from the vesting of the RSUs (which will be delivered as soon as practicable following execution of this Agreement), subject to any applicable tax withholdings. Except as provided in this subsection, all other outstanding equity incentive grants held by Contractor shall automatically expire in accordance with their terms.
RSU Vesting. Except as explicitly set forth in this Section, Employee shall not vest any further with respect to any of the RSU Agreements following the Separation Date. On the 15th calendar day of the calendar month following the Effective Date:
2.3.1 With respect to RSU Agreement 600383, Employee’s vesting shall be accelerated such that the remaining 66,034 restricted stock units shall be fully vested and the underlying 66,034 shares of Common Stock shall be issued to Employee (and the Company shall withhold the applicable number of shares of Common Stock issuable with respect thereto in satisfaction of all Tax-Related Items, as defined by the RSU Agreement); and
2.3.2 With respect to RSU Agreement 600867, Employee’s vesting shall be accelerated such that the 15,264 of the remaining 30,528 restricted stock units shall be fully vested and the underlying 15,264 shares of Common Stock shall be issued to Employee (and the Company shall withhold the applicable number of shares of Common Stock issuable with respect thereto in satisfaction of all Tax-Related Items, as defined by the RSU Agreement) and the remaining 15,264 restricted stock units shall not vest.
