Common use of Vesting and Conversion of RSUs Clause in Contracts

Vesting and Conversion of RSUs. Subject to Section 4, the RSUs shall vest and be converted into an equivalent number of shares of Common Stock that will be immediately distributed to the Grantee at the rate of 33-1/3% of the RSUs on each of the first three anniversaries of the Grant Date.

Appears in 7 contracts

Samples: Restricted Stock Unit Agreement (Hexcel Corp /De/), Restricted Stock Unit Agreement (Hexcel Corp /De/), Restricted Stock Unit Agreement (Hexcel Corp /De/)

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Vesting and Conversion of RSUs. Subject to Section 45, the RSUs shall vest and be converted into an equivalent number of shares of Common Stock RSU Shares that will be immediately distributed to the Grantee at the rate of 33-1/3% of the RSUs on each of the first three anniversaries of the Grant Date.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Hexcel Corp /De/), Restricted Stock Unit Agreement (Hexcel Corp /De/)

Vesting and Conversion of RSUs. Subject to Section 45, the RSUs shall vest and be converted into an equivalent number of shares of Common Stock that will be immediately distributed to the Grantee at the rate of 33-1/3% of the RSUs on each of the first three anniversaries of the Grant Date.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Hexcel Corp /De/)

Vesting and Conversion of RSUs. Subject to Section 4, all of the RSUs shall vest and be converted into an equivalent number of shares of Common Stock that will be immediately distributed to the Grantee at on the rate of 33-1/3% of the RSUs on each of the first three anniversaries second anniversary of the Grant Date. Upon the distribution of the shares of Common Stock in respect of the RSUs, the Company shall issue to the Grantee or the Grantee’s personal representative a stock certificate representing such shares of Common Stock, free of any restrictions.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Hexcel Corp /De/)

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Vesting and Conversion of RSUs. Subject to Section 4, the RSUs shall vest and be converted into an equivalent number of shares of Common Stock that will be immediately distributed to the Grantee at the rate of 33-1/3% of the RSUs on each of the first three anniversaries of the Grant DateJanuary 26, 2009.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Hexcel Corp /De/)

Vesting and Conversion of RSUs. Subject to Section 4, the The RSUs shall vest and be converted into an equivalent number of shares of Common Stock that will be immediately distributed to the Grantee at the rate of 33-1/3331/3% of the RSUs on each of the first three anniversaries of the Grant Date. Upon the distribution of the shares of Common Stock in respect of the RSUs, the Company shall issue to the Grantee or the Grantee's personal representative a stock certificate representing such shares of Common Stock, free of any restrictions.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Hexcel Corp /De/)

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