Common use of Units Awarded Clause in Contracts

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.

Appears in 8 contracts

Samples: Restricted Stock Unit Agreement (BJs RESTAURANTS INC), Incentive Plan Restricted Stock Unit Agreement (BJs RESTAURANTS INC), Restricted Stock Unit Agreement (BJs RESTAURANTS INC)

AutoNDA by SimpleDocs

Units Awarded. (a) The Company hereby awards to the Grantee, Restricted Stock Units for the Hypothetical Number Of Shares set forth in the Certificate# shares of Common Stock . 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 Restricted Stock Unit represents a contractual right to receive one share of Common Stock from the Company at the Payment Date set forth in the Certificatethis Agreement.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Eddie Bauer Holdings, Inc.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!