RSUs Extinguished. Upon each issuance or transfer of Shares in accordance with this Agreement, a number of RSUs equal to the number of Shares issued or transferred to the Participant shall be extinguished and such number of RSUs will not be considered to be held by the Participant for any purpose.
Appears in 31 contracts
Samples: www.sec.gov, www.sec.gov, Restricted Stock Units Agreement (Time Warner Cable Inc.)
RSUs Extinguished. Upon each issuance or transfer of Shares in accordance with this Agreement, a number of RSUs equal to the number of Shares issued or transferred to the Participant Grantee shall be extinguished and such number of RSUs will not be considered to be held by the Participant Grantee for any purpose.
Appears in 5 contracts
Samples: Restricted Stock Units Agreement (Time Inc.), Restricted Stock Units Agreement (Time Inc.), Restricted Stock Units Agreement (Time Inc.)
RSUs Extinguished. Upon each issuance or transfer of Shares in accordance with this Agreement, a number of RSUs equal to the number of Shares issued or transferred to the Participant Non-Employee Director shall be extinguished and such number of RSUs will not be considered to be held by the Participant Non-Employee Director for any purpose.
Appears in 4 contracts
Samples: Restricted Stock Units Agreement (Time Warner Inc.), Restricted Stock Units Agreement (Time Warner Inc.), Restricted Stock Units Agreement (Time Warner Inc.)
