Units Awarded. (a) The Company hereby awards to the Grantee, Restricted Stock Units for the Hypothetical Number Of Shares set forth in the Certificate. Restricted Stock Units are hypothetical Common Stock units having a value equal to the Fair Market Value of an identical number of shares of the Company’s Common Stock. Each restricted stock unit represents a right to receive one share of Common Stock from the Company at the Payment Date set forth in the Certificate.
(b) The Company shall in accordance with the Plan establish and maintain a Restricted Stock Unit Account for the Grantee, and such account shall be credited for the number of Restricted Stock Units granted to the Grantee. The Restricted Stock Unit Account shall be credited for any securities or other property (including regular cash dividends) distributed by the Company in respect of its Common Stock. Any such property shall be subject to the same vesting schedule as the Restricted Stock Units to which they relate.
(c) Until the Restricted Stock Units awarded to the Grantee shall have vested and becomes payable on the Payment Date specified in the Certificate, the Restricted Stock Units and any related securities, cash dividends or other property nominally credited to a Restricted Stock Unit Account may not be sold, transferred, or otherwise disposed of and may not be pledged or otherwise hypothecated.
Units Awarded. Participant is hereby awarded ___ Performance Cash Units, representing Participant’s Target Award, subject in all respects to the terms of this Award Agreement, including Schedule A, and the Plan, as of the Effective Date. Each Performance Cash Unit under this Award Agreement, if earned, represents the right to receive a cash payment equal to $1 on the Vesting Date.
Units Awarded. Xcel Energy awards the Participant «GRANTED» restricted units of Common Stock of Xcel Energy (the “Units”) pursuant to the Xcel Energy Inc. Omnibus Incentive Plan (the “Plan”), upon the terms and conditions of the Plan and this Agreement. The Plan as currently in effect is incorporated by reference and the Participant acknowledges the receipt of a copy thereof.
Units Awarded. (a) The Company hereby awards to the Grantee, Performance Stock Units for the Hypothetical Number of Shares set forth in the Certificate. Performance Stock Units are hypothetical Common Stock units having a value equal to the Fair Market Value of an identical number of shares of the Company’s Common Stock. Each restricted stock unit represents a right to receive one share of Common Stock from the Company upon vesting as set forth in the Certificate. Until the Performance Stock Units have vested and the underlying shares of Common Stock are reflected as issued and outstanding on the Company’s stock ledger, Grantee shall have none of the rights of a shareholder with respect to the shares of Common Stock underlying the Award.
(b) The Company shall in accordance with the Plan establish and maintain a Performance Stock Unit Account for the Grantee, and such account shall be credited for the number of Performance Stock Units granted to the Grantee. The Performance Stock Unit Account shall be credited for any securities or other property (including regular cash dividends) distributed by the Company in respect of its Common Stock. Any such property shall be subject to the same vesting schedule as the Performance Stock Units to which they relate.
(c) Until the Performance Stock Units awarded to the Grantee shall have vested and become payable as specified in the Certificate, the Performance Stock Units and any related securities, cash dividends or other property nominally credited to a Performance Stock Unit Account may not be sold, transferred, or otherwise disposed of and may not be pledged or otherwise hypothecated.
Units Awarded. (a) The Company hereby awards to the Grantee, in the aggregate, Restricted Stock Units ("Restricted Stock Units"), which --------- shall be subject to the restrictions and conditions set forth in the Plans and in this Agreement.
(b) The Company shall maintain on its books and records an account ("Account") for the Grantee that shall be adjusted quarterly to reflect credits and payments under the Deferred Compensation Plan. Restricted Stock Units credited to the Grantee's Account shall be credited with "dividend equivalents" in accordance with the terms and conditions of the Deferred Compensation Plan. Payment of the Grantee's Account shall be made by the Company in accordance with the terms and conditions of the Deferred Compensation Plan.
(c) Except as provided in the Plans or this Agreement, including without limitation, Section 3 below, the restrictions on the Restricted Stock Units are that the Restricted Stock Units will be forfeited by the Grantee and all of the Grantee's rights to such Restricted Stock Units shall immediately terminate without any payment or consideration by the Company, in the event of any sale, assignment, transfer, hypothecation, pledge or other alienation of such Restricted Stock Units made or attempted whether voluntary or involuntary, and if involuntary whether by process of law in any civil or criminal suit, action or proceeding, whether in the nature of an insolvency or bankruptcy proceedings or otherwise, without the written consent of the Committee, excluding the Grantee if he so serves on the Committee.
Units Awarded. Xcel Energy awards you as a Participant [#] restricted units of Common Stock of Xcel Energy (the “Initial Units”) pursuant to the Xcel Energy Inc. 2005 Long-Term Incentive Plan as amended and restated effective February 17, 2010 (the “Plan”), subject to the terms and conditions of the Plan and this Agreement. As used in this Agreement, the term “Units” means the Initial Units [plus additional restricted stock units credited as dividend equivalents pursuant to Section 6 below].
Units Awarded. (a) The Company hereby awards to Employee, in the aggregate, Restricted Stock Units. This Award represents Employee's right to receive a certain number of shares of Common Stock upon vesting of the Restricted Stock Units pursuant to § 3 below. The Restricted Stock Units do not constitute Common Stock and Employee shall have no voting or dividend rights relating thereto unless and until such Restricted Stock Units become vested in accordance with § 3 below and are settled in accordance with § 4 below.
(b) The Company shall establish and maintain a Restricted Stock Unit bookkeeping account for Employee, and such account shall be credited for the number of Restricted Stock Units granted to Employee.
(c) No Restricted Stock Units granted to Employee shall be subject to anticipation, alienation, sale, assignment, transfer, pledge, encumbrance, or charge, and any attempt to anticipate, alienate, sell, assign, pledge, encumber, or charge the same shall be void. No Restricted Stock Units shall in any manner be liable or subject to any of Employee's debts, contracts, liabilities or torts unless and until such benefit is actually paid and received by Employee.
Units Awarded. The Grantee is hereby awarded ______ performance share units (“Units”), based on the closing price on ____ __, 202_ of $____. Each Unit represents the right to earn one share of the Company’s Common Stock, $0.001 par value per share (“Stock”), subject to the conditions set forth in this Agreement. The number of Units that the Grantee actually earns for the Performance Period (defined below) will be determined by the level of achievement of the Performance Goals in accordance with Appendix A. This Award is not effective unless signed by the Grantee and received by the Company’s Chief Human Resources Officer within thirty (30) days following the Date of Grant.
Units Awarded. (a) The Company hereby awards to the Grantee, in the aggregate,_____ Restricted Stock Units.
(b) The Company shall in accordance with the Plan establish and maintain a Restricted Stock Unit Account for the Grantee, and such account shall be credited for the number of Restricted Stock Units granted to the Grantee. The Restricted Stock Unit Account shall be credited for any securities or other property (including regular cash dividends) distributed to the Company in respect of its Shares. Any such property shall be subject to the same vesting schedule as the Restricted Stock Units to which they relate.
(c) Until the Restricted Stock Units awarded to the Grantee shall have vested, the Restricted Stock Units and any related securities, cash dividends or other property nominally credited to a Restricted Stock Unit Account shall not be sold, transferred, or otherwise disposed of and shall not be pledged or otherwise hypothecated.
Units Awarded. (a) The Company hereby awards to Employee, in the aggregate, Restricted Stock Units. This Award represents Employee’s right to receive a certain number of shares of Common Stock. The Restricted Stock Units do not constitute Common Stock and Employee shall have no voting or dividend rights relating thereto.
(b) The Company shall establish and maintain a Restricted Stock Unit bookkeeping account for Employee, and such account shall be credited for the number of Restricted Stock Units granted to Employee.
(c) No Restricted Stock Units granted to Employee shall be subject to anticipation, alienation, sale, assignment, transfer, pledge, encumbrance, or charge, and any attempt to anticipate, alienate, sell, assign, pledge, encumber, or charge the same shall be void. No Restricted Stock Units shall in any manner be liable or subject to any of Employee’s debts, contracts, liabilities or torts unless and until such benefit is actually paid and received by Employee.
