Common use of Settlement of RSU Awards Clause in Contracts

Settlement of RSU Awards. A RSU Award may be settled by the issuance of shares of Common Stock or cash (or any combination thereof) or in any other form of payment, as determined by the Board and specified in the RSU Award Agreement. At the time of grant, the Board may determine to impose such restrictions or conditions that delay such delivery to a date following the vesting of the RSU Award.

Appears in 8 contracts

Samples: Business Combination Agreement (Phoenix Biotech Acquisition Corp.), Merger Agreement (Vickers Vantage Corp. I), Merger Agreement (Supernova Partners Acquisition Co II, Ltd.)

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Settlement of RSU Awards. A An RSU Award may be settled by the issuance of shares of Common Stock or cash (or any combination thereof) or in any other form of payment, as determined by the Board and specified in the RSU Award Agreement. At the time of grant, the Board may determine to impose such restrictions or conditions that delay such delivery to a date following the vesting of the RSU Award.

Appears in 7 contracts

Samples: Merger Agreement (Talaris Therapeutics, Inc.), Merger Agreement (Clearday, Inc.), Merger Agreement (Viveon Health Acquisition Corp.)

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