Terms of Restricted Stock Unit Award Sample Clauses

Terms of Restricted Stock Unit Award. The following words and phrases relating to the Award shall have the following meanings:
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Terms of Restricted Stock Unit Award. The following words and phrases relating to the Award shall have the following meanings: (a) The “Participant” is _______________________________ (b) The “Grant Date” is _______________________________ (c) The amount of the Award is _______________. Based on a per Share closing price of ______________ on the Grant Date, the number of “RSUs” is _____________________________. Except for words and phrases otherwise defined in this Award Agreement, any capitalized word or phrase in this Award Agreement shall have the meaning ascribed to it in the Plan. Section 3.
Sample 1
Terms of Restricted Stock Unit Award. The following words and phrases relating to the Award shall have the following meanings: (a) The “Participant” is __________________________ (b) The “Grant Date” is __________________________ (c) The amount of the Award is ____________________. Based on a per Share closing price of ______________ on the Grant Date, the target number of “RSUs” is _________________. (d) The “Performance Period” is the three (3) calendar year period beginning on January 1 of the calendar year including the Grant Date and ending on December 31 of the second calendar year following the calendar year including the Grant Date. Except for words and phrases otherwise defined in this Award Agreement, any capitalized word or phrase in this Award Agreement shall have the meaning ascribed to it in the Plan. Section 3.
Sample 1

Related to Terms of Restricted Stock Unit Award

  • Settlement of Restricted Stock Units 6.1 Subject to Section 9 hereof, promptly following the vesting date, and in any event no later than March 15 of the calendar year following the calendar year in which such vesting occurs, the Company shall (a) issue and deliver to the Grantee the number of shares of Common Stock equal to the number of Vested Units; and (b) enter the Grantee’s name on the books of the Company as the shareholder of record with respect to the shares of Common Stock delivered to the Grantee.

  • Grant of Restricted Stock Units The Corporation hereby awards to Participant, as of the Award Date, restricted stock units under the Plan. The number of shares of Common Stock underlying the awarded restricted stock units and the applicable service vesting requirements for those units and the underlying Shares are set forth in the Award Notice. The remaining terms and conditions governing the Award shall be as set forth in this Agreement.

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