Common use of Time-Based RSUs Clause in Contracts

Time-Based RSUs. The Committee may provide in the RSU Grant Agreement that part or all of a RSU granted under the XXX Share Plan is a Time-Based RSU. For the purposes of this plan, a “Time-Based RSU” shall mean a RSU which is subject to time-based vesting conditions as set forth in the RSU Grant Agreement. Unless the Committee provides otherwise, the vesting of the Time-Based RSU may be suspended during any leave of absence.

Time-Based RSUs. The Committee may provide in the RSU Grant Agreement that part or all of a RSU granted under the XXX Share Equity Incentive Plan is a Time-Based RSU. For the purposes of this plan, a “Time-Based RSU” shall mean a RSU which is subject to time-based vesting conditions as set forth in the RSU Grant Agreement. Unless the Committee provides otherwise, the vesting of the Time-Based RSU may be suspended during any leave of absence.

Time-Based RSUs. The Committee may provide in the RSU Grant Agreement that part or all of a RSU granted under the XXX Share RSU Plan is a Time-Based RSU. For the purposes of this plan, a “Time-Based RSU” shall mean a RSU which is subject to time-based vesting conditions as set forth in the RSU Grant AgreementAgreement as may be varied or accelerated by the Committee at its sole discretion. Unless the Committee provides otherwise, the vesting of the Time-Based RSU may be suspended during any leave of absence.