Common use of Shares Subject to Award Clause in Contracts

Shares Subject to Award. The Award consists of the right to receive, on the terms set forth herein and in the Plan and except as otherwise provided in Section 5 below, one share (a “Share”) of Stock of the Company with respect to each RSU forming part of the Award. Subject to adjustment pursuant to Section 7 of the Plan, the Award covers the number of RSUs as set forth in the grant details table above.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Avaya Holdings Corp.), Restricted Stock Unit Award Agreement (Avaya Inc)

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Shares Subject to Award. The Award consists of the right to receive, on the terms set forth herein and in the Plan and except as otherwise provided in Section 5 below, one share (a “Share”) of Stock common stock, par value $.001 per share, of the Company (“Stock”) with respect to each RSU Unit forming part of the Award. Subject to adjustment pursuant to Section 7 of the Plan, the Award covers the number of RSUs RSU units as set forth in the grant details table above.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Avaya Inc)

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Shares Subject to Award. The Award consists of the right to receive, on the terms set forth herein and in the Plan and except as otherwise provided in Section 5 below, one share (a “Share”) of Stock of the Company with respect to each RSU forming part of the Award. Subject to adjustment pursuant to Section 7 of the Plan, the Award covers the number of RSUs as set forth in the grant details table above.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Avaya Inc)

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