Sign-On RSU Grant Sample Clauses

Sign-On RSU Grant. (a) Upon the Admission Date, the Limited Partner shall be entitled to receive a grant of 3,000,000 RSUs from OZM under the Och-Ziff Incentive Plan (the “Sign-On RSUs”), as generally provided in this Section 5, and subject in all events to the terms and conditions of the Och-Ziff Incentive Plan and the related Award Document. The Sign-On RSUs shall be granted as soon as practicable following the Admission Date; provided that the Limited Partner enters into an Award Document with respect to such grant. (b) The Sign-On RSUs will vest in three equal annual installments on each of the first three anniversaries of the Admission Date; provided that the Limited Partner must be an Active Individual LP on each such vesting date and must not have provided notice of his intention to become subject to a Withdrawal due to Resignation on or before each such vesting date; provided, further, that: (i) if the Term is terminated by the Partnership and the Limited Partner is subject to a Withdrawal without Cause prior to the Scheduled Expiration of the Term, then 50% of any unvested Sign-On RSUs shall remain outstanding and continue to vest on the date (or dates) such Sign-On RSUs would have otherwise vested as if the Limited Partner had remained an Active Individual LP on each applicable vesting date (and the remaining 50% of any unvested Sign-On RSUs shall be forfeited) or (ii) if the Limited Partner ceases to be an Active Individual LP due to his death or Disability prior to the Scheduled Expiration of the Term or if the Term is not extended pursuant to Section 1(d), in either case, then any unvested Sign-On RSUs shall remain outstanding and continue to vest on the date (or dates) such Sign-On RSUs would have otherwise vested as if the Limited Partner had remained an Active Individual LP on each applicable vesting date. Any continued vesting of the Sign-On RSUs permitted under the terms of this Agreement after the Limited Partner ceases to be an Active Individual LP is subject to the Limited Partner’s (or the Limited Partner’s legal representative or estate, as applicable) compliance with Section 7 below. If the Limited Partner breaches any of the covenants set forth in Section 2.13(b)(i) (as modified hereunder) and Section 2.13(b)(ii) of the Limited Partnership Agreement, then the consequences shall be as set forth in Section 6(b)(ii). (c) Each vested Sign-On RSU shall be settled, in the sole discretion of the Administrator, either by the delivery of (1) one Class A Share...
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Sign-On RSU Grant. As soon as reasonably practicable following the Effective Date, the Executive shall receive an upfront restricted stock unit grant (the “Service-Based RSUs”) with respect to a number of shares of common stock of Parent with a fair market value equal to $5,500,000 as of the date of grant. The Service-Based RSUs will be subject to the terms and conditions set forth in Parent’s Equity Incentive Plan and an award agreement substantially in the form attached hereto as Exhibit A.
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Sign-On RSU Grant. On the Effective Date, Executive shall receive a sign-on bonus in the form of a restricted stock unit grant with a grant date value equal to 150% of Base Salary and subject to the Company’s standard form of award agreement previously approved by the Committee (the “Sign-On Bonus Grant”).
Sample 1
Sign-On RSU Grant. On the first meeting of the Board or its Compensation Committee after July 1, 2019 (such July 1, the “Measurement Date”), if you are in continued employment as the CEO of the Company on such meeting date, the Company will grant you an award of RSUs to acquire such number of shares of the Company’s Class A common stock equal to $27,500,000 divided by the fair market value of the Company’s Class A common stock on July 1, 2019, as determined by the Board in good faith on the date of grant (such grant, the “2019 Sign-On RSU Grant”). Upon the earlier of termination of service by you for Good Reason (as defined below for purposes of the Severance Plan) or by the Company without Cause (as defined below for purposes of the Severance Plan) that occurs before the 2019 Sign-On RSU Grant has been made, the 2019 Sign-On RSU Grant shall be made as of the date immediately preceding your termination of service, and that date shall be the “Measurement Date” (instead of July 1, 2019). The 2019 Sign-On RSU Grant will be (i) granted under the Incentive Plan, and (ii) subject to a vesting feature pursuant to which you will forfeit the 2019 Sign-On RSU Grant (and the shares issued or issuable thereunder) for no consideration if you do not remain in continuous service as the Company’s CEO until the first anniversary of the Measurement Date, unless your earlier termination of service is by you for Good Reason or by the Company without Cause. The 2019 Sign-On RSU Grant shall be granted and fully vested, and not subject to the restrictions in the preceding sentence, upon any termination of service by you for Good Reason or by the Company without Cause. The settlement date for the 2019 Sign-On RSU Grant shall be within thirty (30) days following the date on which all applicable vesting conditions are satisfied. The foregoing provisions (a)-(d) are subject to the terms and conditions of any applicable plans and/or policies of the Company, as amended from time to time. You agree to pay any income or other taxes that are required to be paid in connection with your receipt of these benefits.
Sample 1
Sign-On RSU Grant. As soon as practicable following the Effective Date (the “Grant Date”), the Executive shall be granted a one-time restricted stock unit (RSU) award with respect to One Million (1,000,000) shares of the Company’s common stock (the number of shares in each case being subject to adjustment based on stock splits, reverse stock splits, other adjustments, or recapitalizations between the date hereof and the Grant Date) (the “Sign-On RSUs”). The Sign-On RSUs shall be granted pursuant to the terms and conditions of the Vonage Holdings Corp. Amended and Restated 2015 Equity Incentive Plan (as amended or restated from time to time the “2015 Incentive Plan”) and the Executive’s individual Sign-On RSU agreement, in the form attached hereto as Exhibit A (the “Sign-On RSU Agreement”).
Sample 1
Sign-On RSU Grant. The Executive shall be granted on the Grant Date a one-time restricted stock unit (RSU) award covering Five Hundred Thousand (500,000) shares of the Company’s common stock (the number of shares in each case being subject to adjustment based on stock splits, reverse stock splits, other adjustments, or recapitalizations between the date hereof and the Grant Date) (the “Sign-On RSUs”). The Sign-On RSUs shall be granted pursuant to the terms and conditions of the 2006 Incentive Plan and the Executive’s individual Sign-On RSU agreement (the “RSU Agreement”), in the form attached hereto as Exhibit B. Subject to Section 3(b)(v) below, the Sign-On RSUs shall vest as to 1/3rd of the shares on each of the first, second, and third anniversaries of the Start Date, subject to the Executive’s continued employment on the applicable vesting date; provided, that, upon a termination of the Executive’s employment (other than during the period beginning on a Change of Control and through the first anniversary of such Change of Control) by the Company without Cause or by the Executive for Good Reason, a Pro Rata Portion of the outstanding Sign-On RSUs shall become vested as of the date of such termination.
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Sign-On RSU Grant. Section 5(b) of each of the Partner Agreements is hereby amended by adding the following sentence to the end thereof: “Notwithstanding any provision of this Agreement or the terms of the Award Document evidencing the Sign-On RSUs to the contrary, the provisions of the second paragraph of Section 4(b) shall apply to the Sign-On RSUs and such provisions are incorporated by reference herein. The immediately preceding sentence shall be incorporated in and form a part of the Award Document evidencing the Sign-On RSUs.”
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Sign-On RSU Grant 
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Related to Sign-On RSU Grant

  • Equity Award The Executive will be eligible to receive equity awards, if any, at such times and on such terms and conditions as the Board shall, in its sole discretion, determine.

  • Grant of Stock Units Pursuant to the terms and conditions set forth in this Stock Award Agreement (including Section 1 above) and the Plan, the Administrator hereby grants to the Awardee named in Section 1, on the Grant Date set forth in Section 1, the number of Stock Units set forth in Section 1.

  • Performance Shares Each Performance Share is a bookkeeping entry that records the equivalent of one Share. Upon the vesting of the Performance Shares as provided in Section 2, the vested Performance Shares will be settled as provided in Section 3.

  • Grant of Performance Stock Units Subject to the terms of this Agreement, and the Incentive Plan, effective as of the Grant Date the Participant is hereby granted [Number] Performance Stock Units (the “Target Performance Units”). This Award contains the right to dividend equivalents (“Dividend Equivalents”) with respect to Earned Performance Units (as defined in Section 3(a)) as described in Section 4. Each Performance Stock Unit awarded hereunder shall become earned and vested as described in Section 3 and each Earned Performance Unit (and associated Earned Dividend Equivalents thereon as described in Section 4) shall be settled in accordance with Section 5.

  • Performance Share Units The Committee may, in its discretion, grant to Executive performance share units subject to performance vesting conditions (collectively, the “Performance Units”), which shall be subject to restrictions on their sale as set forth in the Plan and an associated Performance Unit Grant Letter.

  • Stock Units As used herein, the term “Stock Unit” shall mean a non-voting unit of measurement which is deemed for bookkeeping purposes to be equivalent to one outstanding share of the Company’s Common Stock (“Share”) solely for purposes of the Plan and this Award Agreement. The Stock Units shall be used solely as a device for the determination of the payment to eventually be made to the Participant if such Stock Units vest pursuant to this Award Agreement. The Stock Units shall not be treated as property or as a trust fund of any kind.

  • RSU Award An RSU Award shall be similar in nature to a Restricted Stock Award except that no shares of Stock are actually transferred to the Holder until a later date specified in the applicable Award Agreement. Each RSU shall have a value equal to the Fair Market Value of a share of Stock.

  • Performance Share Awards On the Performance Share Vesting Date next following the Executive's date of death, the number of Performance Shares that shall become Vested Performance Shares shall be determined by multiplying (a) that number of shares of Company Common Stock subject to the Performance Share Agreement that would have become Vested Performance Shares had no such termination occurred; provided, however, in no case shall the number of Performance Shares that become Vested Performance Shares exceed 100% of the Target Number of Performance Shares set forth in the Performance Share Agreement, by (b) the ratio of the number of full months of the Executive's employment with the Company during the Performance Period (as defined in the Performance Share Agreement) to the number of full months contained in the Performance Period. Vested Common Shares shall be issued in settlement of such Vested Performance Shares on the Settlement Date next following the Executive’s date of death.

  • Performance Share Award If your Award includes a Performance Share Award, and you voluntarily terminate your employment prior to the end of the Performance Period, you will forfeit your entire Performance Share Award. 

  • Performance Units Subject to the limitations set forth in paragraph (c) hereof, the Committee may in its discretion grant Performance Units to any Eligible Person and shall evidence such grant in an Award Agreement that is delivered to the Participant which sets forth the terms and conditions of the Award.

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