Common use of RSUs and Dividend Equivalents Clause in Contracts

RSUs and Dividend Equivalents. (a) Each RSU represents the right to receive one Share on the terms, and subject to the conditions, set forth in this Agreement. Participant will have no right to the distribution of any Shares until the time (if ever) the RSUs have vested.

Appears in 4 contracts

Samples: Restricted Stock Unit Award Agreement (Solventum Corp), Restricted Stock Unit Award Agreement (Solventum Corp), Restricted Stock Unit Award Agreement (3m Co)

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RSUs and Dividend Equivalents. (a) Each RSU represents the right to receive one Share on the terms, and subject to the conditions, set forth in this Agreement. Participant will have no right to the distribution of any Shares until the such time (if ever) as the RSUs have vestedvested and been earned hereunder.

Appears in 3 contracts

Samples: Restricted Stock Unit Award Agreement (Farmer Brothers Co), Incentive Plan Restricted Stock Unit Award Agreement (Farmer Brothers Co), Restricted Stock Unit Award Agreement (Farmer Brothers Co)

RSUs and Dividend Equivalents. (a) Each RSU represents the right to receive one Share on the terms, and subject to the conditions, set forth in this Agreement. Participant will have no right to the distribution of any Shares until the such time (if ever) as the RSUs have vestedvested and been earned hereunder. As noted above, failure to accept the RSU Terms by the Acceptance Deadline will result in the cancellation of the RSUs, and you will have no further rights with respect to the Award.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Farmer Brothers Co)

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RSUs and Dividend Equivalents. (a) Each RSU represents the right to receive one Share on the terms, and subject to the conditions, set forth in this Agreement. Participant will have no right to the distribution of any Shares until the such time (if ever) as the RSUs have vestedvested hereunder.

Appears in 1 contract

Samples: Term Incentive Plan Restricted Stock Unit Award Agreement (Farmer Brothers Co)

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