Common use of Vesting of the RSUs Clause in Contracts

Vesting of the RSUs. Subject to the other provisions of this Section 2, the RSUs shall vest in accordance with the Vesting Table set forth in the Notice of Grant (the “Vesting Table”). Any fractional RSU resulting from the application of the percentages in the Vesting Table shall be rounded down to the nearest whole number of RSUs. The vesting of your RSU’s shall be subject to such further terms and conditions as are set forth in the offer letter, dated September 18, 2012, between the Company and the Participant, which are incorporated herein by reference.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Verastem, Inc.), Restricted Stock Unit Agreement (Verastem, Inc.)

AutoNDA by SimpleDocs

Vesting of the RSUs. Subject to the other provisions of this Section 2, the RSUs shall vest in accordance with the Vesting Table set forth in the Notice of Grant (the “Vesting Table”). Any fractional RSU resulting from the application of the percentages in the Vesting Table shall be rounded down to the nearest whole number of RSUs. The Within thirty days of each vesting of your RSU’s shall be subject to such further terms and conditions as are set forth date shown in the offer letterVesting Table (the “Vesting Dates”), dated September 18, 2012, between the Company and will issue to the Participant, which are incorporated herein in certificated or uncertificated form, such number of Shares as is equal to the number of RSUs that vested on such Vesting Date and shall deliver such Shares to the Participant, or to the broker designated by referencethe Participant.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (OvaScience, Inc.), Restricted Stock Unit Agreement (Verastem, 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!