Vesting of Restricted Stock Units. Except as otherwise provided in Appendix A, the Restricted Stock Units will vest according to the following schedule: the Restricted Stock Units will vest on the day immediately preceding the date of the next Annual Stockholders Meeting of the Company following the Grant Date, subject to Participant’s continuous service as a member of the Board through such date. Unless otherwise defined herein or in Appendix A, capitalized terms herein or in Appendix A will have the defined meanings ascribed to them in the Plan. Participant acknowledges and agrees that by clicking the “ACCEPT” button corresponding to this grant through the grant acceptance page on E*TRADE, it will act as Participant’s electronic signature to the Restricted Stock Unit Agreement which includes Appendix A hereto (the “Agreement”) and will result in a contract between Participant and the Company with respect to this award of Restricted Stock Units. Participant agrees and acknowledges that Participant’s electronic signature indicates Participant’s agreement and understanding that this award of Restricted Stock Units is subject to all of the terms and conditions contained in Appendix A and the Plan. For example, important additional information on vesting and forfeiture of the Restricted Stock Units is contained in Paragraphs 3 through 7 of Appendix A. PLEASE BE SURE TO READ ALL OF APPENDIX A, WHICH CONTAINS THE SPECIFIC TERMS AND CONDITIONS OF THIS AGREEMENT. Participant should retain a copy of Participant’s electronically signed Agreement; Participant may obtain a paper copy at any time and at the Company’s expense by requesting one from Stock Administration at xxxxxxxxxx@xxxxxx.xxx. If Participant would prefer not to electronically sign this Agreement, Participant may accept this Agreement by signing a paper copy of the Agreement and delivering it to Stock Administration at 0000 Xxxxxxxx Xxxxxx, Sunnyvale, CA 94089. A copy of the Plan is available upon request made to Stock Administration.
Appears in 2 contracts
Samples: Restricted Stock Unit Agreement (NetApp, Inc.), Restricted Stock Unit Agreement (NetApp, Inc.)
Vesting of Restricted Stock Units. Except as otherwise provided in Appendix A, the Restricted Stock Units will vest according to the following schedule: the Restricted Stock Units will vest on the day immediately preceding the date of the next Annual Stockholders Meeting of the Company following the Grant Date, subject to Participant’s continuous service as a member of the Board through such date. Unless otherwise defined herein or in Appendix AA or Appendix B, capitalized terms herein or in Appendix A or Appendix B will have the defined meanings ascribed to them in the Plan. Participant acknowledges and agrees that by clicking the “ACCEPT” button corresponding to this grant through the grant acceptance page on E*TRADE, it will act as Participant’s electronic signature to the Restricted Stock Unit Agreement which includes Appendix A and Appendix B hereto (the “Agreement”) and will result in a contract between Participant and the Company with respect to this award of Restricted Stock Units. Participant agrees and acknowledges that Participant’s electronic signature indicates Participant’s agreement and understanding that this award of Restricted Stock Units is subject to all of the terms and conditions contained in Appendix A and Appendix B and the Plan. For example, important additional information on vesting and forfeiture of the Restricted Stock Units is contained in Paragraphs 3 through 7 of Appendix A. PLEASE BE SURE TO READ ALL OF APPENDIX AA AND APPENDIX B (FOR THE PARTICULAR COUNTRY THAT APPLIES TO PARTICIPANT), WHICH CONTAINS THE SPECIFIC TERMS AND CONDITIONS OF THIS AGREEMENT. Participant should retain a copy of Participant’s electronically signed Agreement; Participant may obtain a paper copy at any time and at the Company’s expense by requesting one from Stock Administration at xxxxxxxxxx@xxxxxx.xxx. If Participant would prefer not to electronically sign this Agreement, Participant may accept this Agreement by signing a paper copy of the Agreement and delivering it to Stock Administration at 0000 Xxxxxxxx Xxxxxx, Sunnyvale, CA 94089. A copy of the Plan is available upon request made to Stock Administration.
Appears in 2 contracts
Samples: Restricted Stock Unit Agreement (NetApp, Inc.), Restricted Stock Unit Agreement (NetApp, Inc.)
Vesting of Restricted Stock Units. Except as otherwise provided in Appendix A, the The Restricted Stock Units will vest according to the following schedule: Twenty-five percent (25%) of the Restricted Stock Units will vest on the day immediately preceding the date first annual anniversary of the Vesting Commencement Date, and on the next Annual Stockholders Meeting of the Company following the Grant Datethree annual anniversary dates thereafter, subject to Participant’s continuous service as a member of the Board Service through each such date. Unless otherwise defined herein or in Appendix AA or Appendix B, capitalized terms herein or in Appendix A or Appendix B will have the defined meanings ascribed to them in the Plan. Participant acknowledges and agrees that by clicking the “ACCEPT” button corresponding to this grant through the grant acceptance page on E*TRADE, it will act as Participant’s electronic signature to the Restricted Stock Unit Agreement which includes Appendix A and Appendix B hereto (the “Agreement”) and will result in a contract between Participant and the Company with respect to this award of Restricted Stock Units. Participant agrees and acknowledges that Participant’s electronic signature indicates Participant’s agreement and understanding that this award of Restricted Stock Units is subject to all of the terms and conditions contained in Appendix A and Appendix B and the Plan. For example, important additional information on vesting and forfeiture of the Restricted Stock Units is contained in Paragraphs 3 through 7 5 of Appendix A. PLEASE BE SURE TO READ ALL OF APPENDIX AA AND APPENDIX B (FOR THE PARTICULAR COUNTRY THAT APPLIES TO PARTICIPANT), WHICH CONTAINS THE SPECIFIC TERMS AND CONDITIONS OF THIS AGREEMENT. Participant should retain a copy of Participant’s electronically signed Agreement; Participant may obtain a paper copy at any time and at the Company’s expense by requesting one from Stock Administration at xxxxxxxxxx@xxxxxx.xxx. If Participant would prefer not to electronically sign this Agreement, Participant may accept this Agreement by signing a paper copy of the Agreement and delivering it to Stock Administration at 0000 Xxxxxxxx Xxxxxx, Sunnyvale, CA 94089. A copy of the Plan is available upon request made to Stock Administration.
Appears in 2 contracts
Samples: Restricted Stock Unit Agreement (NetApp, Inc.), Restricted Stock Unit Agreement (NetApp, Inc.)
Vesting of Restricted Stock Units. Except The Restricted Stock Units specified in Section 1 of this Agreement shall vest as otherwise follows:
(a) On a number of Restricted Stock Units equal to multiplied by the number of Restricted Stock Units specified in Section 1 of this Agreement shall become nonforfeitable on a cumulative basis until 100% of the Restricted Stock Units specified in Section 1 of this Agreement have become nonforfeitable. Each such date shall be a settlement date under this Agreement.
(b) In the event a Change in Control occurs prior to all of the Restricted Stock Units specified in Section 1 of this Agreement becoming nonforfeitable as provided in Appendix ASection 3(a) above and while Grantee is an employee of the Company or any Subsidiary, the Restricted Stock Units will vest according covered by this Agreement shall become nonforfeitable if, in connection with such Change in Control, the successor corporation does not assume the obligations of the Company under this Agreement or provide Grantee with a substitute award with rights equivalent to the rights provided under this Agreement. Subject to the following schedule: sentence, if the Restricted Stock Units will vest on the day immediately preceding the date of the next Annual Stockholders Meeting obligations of the Company following under this Agreement remain unchanged or the Grant Date, subject to Participant’s continuous service as a member successor corporation assumes the obligations of the Board through such date. Unless otherwise defined herein Company under this Agreement or in Appendix A, capitalized terms herein or in Appendix A will have the defined meanings ascribed to them in the Plan. Participant acknowledges and agrees that by clicking the “ACCEPT” button corresponding to this grant through the grant acceptance page on E*TRADE, it will act as Participant’s electronic signature provides Grantee with a substitute award with rights equivalent to the Restricted Stock Unit rights provided under this Agreement, then no such acceleration shall apply and the terms of this Agreement which includes Appendix A hereto (shall apply to the “Agreement”) and will result assumed or substitute award, except as may otherwise be provided in a contract written agreement between Participant Grantee and the Company. Notwithstanding the foregoing, if, following a Change in Control, (i) the obligations of the Company under this Agreement remain unchanged or the successor corporation assumes the obligations of the Company under this Agreement or provides Grantee with respect a substitute award with rights equivalent to the rights provided under this award of Restricted Stock Units. Participant agrees Agreement and acknowledges that Participant’s electronic signature indicates Participant’s agreement and understanding that this award of Restricted Stock Units is subject (ii) after the Change in Control, but prior to all of the terms and conditions contained in Appendix A and the Plan. For example, important additional information on vesting and forfeiture of the Restricted Stock Units is contained specified in Paragraphs 3 through 7 Section 1 of Appendix A. PLEASE BE SURE TO READ ALL OF APPENDIX A, WHICH CONTAINS THE SPECIFIC TERMS AND CONDITIONS OF THIS AGREEMENT. Participant should retain a copy of Participant’s electronically signed Agreement; Participant may obtain a paper copy at any time and at the Company’s expense by requesting one from Stock Administration at xxxxxxxxxx@xxxxxx.xxx. If Participant would prefer not to electronically sign this Agreement, Participant may accept this Agreement becoming nonforfeitable, the Company or any successor corporation or any subsidiary of either terminates Grantee’s employment without Cause or Grantee terminates his employment for Good Reason, then the Restricted Stock Units covered by signing a paper copy this Agreement or any substitute award shall become nonforfeitable upon such termination of the Agreement and delivering it to Stock Administration at 0000 Xxxxxxxx Xxxxxx, Sunnyvale, CA 94089. A copy of the Plan is available upon request made to Stock Administrationemployment.
Appears in 2 contracts
Samples: Restricted Stock Unit Agreement (Axiall Corp/De/), Restricted Stock Unit Agreement (Axiall Corp/De/)
Vesting of Restricted Stock Units. (a) Except as otherwise provided in Appendix Aherein, one-third (1/3) of the Restricted Stock Units will vest according and become nonforfeitable and payable to Participant pursuant to Section 5 hereof on each of the first three (3) anniversaries of the Grant Date (each such anniversary, the applicable “Vesting Date”), conditioned upon Participant’s continuous Service Relationship with Corporation through the applicable Vesting Date. Except as otherwise provided in this Section 4, any Restricted Stock Units that have not so vested and become nonforfeitable as of Participant’s
(b) Notwithstanding Section 4(a) above, if in connection with a Change of Control, the Successor does not assume the Restricted Stock Units, then all Restricted Stock Units that have not previously vested or been forfeited shall vest and become nonforfeitable as of immediately prior to the following schedule: Change of Control and payable to Participant pursuant to Section 5 hereof. Notwithstanding Section 4(a) above, if in connection with a Change of Control, the Successor assumes or substitutes an equivalent award for the Restricted Stock Units, the provisions of Section 6.7(a) of the Plan shall govern; provided, that in the event Participant’s Service Relationship with the Successor is Terminated by Participant for Good Reason, the Restricted Stock Units will vest on shall become vested and nonforfeitable only if Participant is a party to an employment or other agreement with Corporation that provides rights to Participant upon a Termination for Good Reason.
(c) Notwithstanding Section 4(a) above, in the day immediately preceding event of Participant’s Retirement (as defined below) prior to the date last Vesting Date, (i) if Participant’s Retirement is effective prior to the first anniversary of the next Annual Stockholders Meeting of the Company following the Grant Date, subject to Participant’s continuous service as a member of then the Board through such date. Unless otherwise defined herein or in Appendix A, capitalized terms herein or in Appendix A will have the defined meanings ascribed to them in the Plan. Participant acknowledges and agrees that by clicking the “ACCEPT” button corresponding to this grant through the grant acceptance page on E*TRADE, it will act as Participant’s electronic signature to the Restricted Stock Unit Agreement which includes Appendix A hereto (the “Agreement”) and will result in a contract between Participant and the Company with respect to this award of Restricted Stock Units. Participant agrees and acknowledges that Participant’s electronic signature indicates Participant’s agreement and understanding that this award number of Restricted Stock Units is subject to all that shall vest and become nonforfeitable as of the terms date of Participant’s Retirement and conditions contained in Appendix A and payable to Participant pursuant to Section 5 hereof shall equal the Plan. For example, important additional information on vesting and forfeiture product of (A) the total number of Restricted Stock Units subject to this Agreement (to the extent such Restricted Stock Units have not previously vested or been forfeited), multiplied by (B) a fraction (in no case greater than one), the numerator of which is contained in Paragraphs 3 the number of calendar days from (and including) the Grant Date through 7 of Appendix A. PLEASE BE SURE TO READ ALL OF APPENDIX A, WHICH CONTAINS THE SPECIFIC TERMS AND CONDITIONS OF THIS AGREEMENT. Participant should retain a copy (and including) the effective date of Participant’s electronically signed Agreement; Participant may obtain a paper copy at any time Retirement, and at the Companydenominator of which is 365, or (ii) if Participant’s expense by requesting one from Stock Administration at xxxxxxxxxx@xxxxxx.xxx. If Participant would prefer not to electronically sign this Agreement, Participant may accept this Agreement by signing a paper copy Retirement is effective on or after the first anniversary of the Agreement and delivering it to Stock Administration at 0000 Xxxxxxxx Xxxxxx, Sunnyvale, CA 94089. A copy of the Plan is available upon request made to Stock Administration.Grant
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Samples: Restricted Stock Unit Award Agreement (Louisiana-Pacific Corp)
Vesting of Restricted Stock Units. Except The Restricted Stock Units specified in Section 1 of this Agreement shall vest as otherwise follows:
(a) On each of the first three (3) anniversaries of the Date of Grant, a number of Restricted Stock Units equal to thirty-three and one-third percent (33-1/3%) multiplied by the number of Restricted Stock Units specified in Section 1 of this Agreement shall become vested and nonforfeitable on a cumulative basis until 100% of the Restricted Stock Units specified in Section 1 of this Agreement have become vested and nonforfeitable. Each such anniversary date shall be a settlement date under this Agreement.
(b) In the event a Change in Control occurs prior to all of the Restricted Stock Units specified in Section 1 of this Agreement becoming vested and nonforfeitable as provided in Appendix ASection 3(a) above and while Grantee is an employee of the Company or any Subsidiary, the Restricted Stock Units will vest according covered by this Agreement shall become vested and nonforfeitable if, in connection with such Change in Control, the successor corporation does not assume the obligations of the Company under this Agreement or provide Grantee with a substitute award with rights equivalent to the rights provided under this Agreement. Subject to the following schedule: sentence, if the Restricted Stock Units will vest on the day immediately preceding the date of the next Annual Stockholders Meeting obligations of the Company following under this Agreement remain unchanged or the Grant Date, subject to Participant’s continuous service as a member successor corporation assumes the obligations of the Board through such date. Unless otherwise defined herein Company under this Agreement or in Appendix A, capitalized terms herein or in Appendix A will have the defined meanings ascribed to them in the Plan. Participant acknowledges and agrees that by clicking the “ACCEPT” button corresponding to this grant through the grant acceptance page on E*TRADE, it will act as Participant’s electronic signature provides Grantee with a substitute award with rights equivalent to the Restricted Stock Unit rights provided under this Agreement, then no such acceleration shall apply and the terms of this Agreement which includes Appendix A hereto (shall apply to the “Agreement”) and will result assumed or substitute award, except as may otherwise be provided in a contract written agreement between Participant Grantee and the Company. Notwithstanding the foregoing, if, following a Change in Control, (i) the obligations of the Company under this Agreement remain unchanged or the successor corporation assumes the obligations of the Company under this Agreement or provides Grantee with respect a substitute award with rights equivalent to the rights provided under this award of Restricted Stock Units. Participant agrees Agreement and acknowledges that Participant’s electronic signature indicates Participant’s agreement and understanding that this award of Restricted Stock Units is subject (ii) after the Change in Control, but prior to all of the terms and conditions contained in Appendix A and the Plan. For example, important additional information on vesting and forfeiture of the Restricted Stock Units is contained specified in Paragraphs 3 through 7 Section 1 of Appendix A. PLEASE BE SURE TO READ ALL OF APPENDIX A, WHICH CONTAINS THE SPECIFIC TERMS AND CONDITIONS OF THIS AGREEMENT. Participant should retain a copy of Participant’s electronically signed Agreement; Participant may obtain a paper copy at any time and at the Company’s expense by requesting one from Stock Administration at xxxxxxxxxx@xxxxxx.xxx. If Participant would prefer not to electronically sign this Agreement, Participant may accept this Agreement becoming vested and nonforfeitable, the Company or any successor corporation or any subsidiary of either terminates Grantee’s employment without Cause or Grantee terminates his employment for Good Reason, then the Restricted Stock Units covered by signing a paper copy this Agreement or any substitute award shall become vested and nonforfeitable upon such termination of the Agreement and delivering it to Stock Administration at 0000 Xxxxxxxx Xxxxxx, Sunnyvale, CA 94089. A copy of the Plan is available upon request made to Stock Administrationemployment.
Appears in 1 contract
Vesting of Restricted Stock Units. Except as otherwise provided in Appendix A, the The Restricted Stock Units will vest according to the following schedule: Twenty-five percent (25%) of the Restricted Stock Units will vest on the day immediately preceding the date first annual anniversary of the Vesting Commencement Date, and on the next Annual Stockholders Meeting of the Company following the Grant Datethree annual anniversary dates thereafter, subject to Participant’s continuous service as a member of the Board Service through each such date. Unless otherwise defined herein or in Appendix A, capitalized terms herein or in Appendix A will have the defined meanings ascribed to them in the Plan. Participant acknowledges and agrees that by clicking the “ACCEPT” button corresponding to this on the Company’s on-line grant through the grant acceptance page on E*TRADEagreement (“XXXX”) response page, it will act as Participant’s electronic signature to the Restricted Stock Unit Agreement which includes Appendix A hereto (the “Agreement”) and will result in a contract between Participant and the Company with respect to this award of Restricted Stock Units. Participant agrees and acknowledges that Participant’s electronic signature indicates Participant’s agreement and understanding that this award of Restricted Stock Units is subject to all of the terms and conditions contained in Appendix A and the Plan. For example, important additional information on vesting and forfeiture of the Restricted Stock Units is contained in Paragraphs 3 through 7 5 of Appendix A. PLEASE BE SURE TO READ ALL OF APPENDIX A, WHICH CONTAINS THE SPECIFIC TERMS AND CONDITIONS OF THIS AGREEMENT. Participant should retain a copy of Participant’s electronically signed Agreement; Participant may obtain a paper copy at any time and at the Company’s expense by requesting one from Stock Administration at xxxxxxxxxx@xxxxxx.xxx. If Participant would prefer not to electronically sign this Agreement, Participant may accept this Agreement by signing a paper copy of the Agreement and delivering it to Stock Administration at 0000 Xxxxxxxx Xxxxxx000 X. Xxxx Xxxxx, SunnyvaleXxxxxxxxx, CA 94089XX 00000. A copy of the Plan is available upon request made to Stock Administration.
Appears in 1 contract
Vesting of Restricted Stock Units. Except as otherwise provided in Appendix A, the The Restricted Stock Units will vest according to the following schedule: Twenty-five percent (25%) of the Restricted Stock Units will vest on the day immediately preceding the date first annual anniversary of the Vesting Commencement Date, and on the next Annual Stockholders Meeting of the Company following the Grant Datethree annual anniversary dates thereafter, subject to Participant’s continuous service as a member of the Board Service through each such date. Unless otherwise defined herein or in Appendix AA or Appendix B, capitalized terms herein or in Appendix A or Appendix B will have the defined meanings ascribed to them in the Plan. Participant acknowledges and agrees that by clicking the “ACCEPT” button corresponding to this on the Company’s on-line grant through the grant acceptance page on E*TRADEagreement (“XXXX”) response page, it will act as Participant’s electronic signature to the Restricted Stock Unit Agreement which includes Appendix A and Appendix B hereto (the “Agreement”) and will result in a contract between Participant and the Company with respect to this award of Restricted Stock Units. Participant agrees and acknowledges that Participant’s electronic signature indicates Participant’s agreement and understanding that this award of Restricted Stock Units is subject to all of the terms and conditions contained in Appendix A and Appendix B and the Plan. For example, important additional information on vesting and forfeiture of the Restricted Stock Units is contained in Paragraphs 3 through 7 5 of Appendix A. PLEASE BE SURE TO READ ALL OF APPENDIX AA AND APPENDIX B (FOR THE PARTICULAR COUNTRY THAT APPLIES TO PARTICIPANT), WHICH CONTAINS THE SPECIFIC TERMS AND CONDITIONS OF THIS AGREEMENT. Participant should retain a copy of Participant’s electronically signed Agreement; Participant may obtain a paper copy at any time and at the Company’s expense by requesting one from Stock Administration at xxxxxxxxxx@xxxxxx.xxx. If Participant would prefer not to electronically sign this Agreement, Participant may accept this Agreement by signing a paper copy of the Agreement and delivering it to Stock Administration at 0000 Xxxxxxxx Xxxxxx000 X. Xxxx Xxxxx, SunnyvaleXxxxxxxxx, CA 94089XX 00000. A copy of the Plan is available upon request made to Stock Administration.
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