Xxxxx of Restricted Stock Units Sample Clauses
Xxxxx of Restricted Stock Units. The Corporation grants to Grantee (who, pursuant to this Award is a Participant in the Plan) the number of Restricted Stock Units set forth above, subject to adjustment as provided in this Agreement. The Restricted Stock Units granted under this Agreement are payable only in shares of Stock as described in Section II.A.2. Notwithstanding anything to the contrary anywhere else in this Agreement, the Restricted Stock Units subject to this Award are subject to the terms and provisions of the Plan, which are incorporated by reference into this Agreement.
Xxxxx of Restricted Stock Units. The Company hereby grants to the individual named in the Notice of Grant (the “Participant”), an award of Restricted Stock Units as set forth, and otherwise described in the Notice of Grant, subject to the terms and conditions of the Plan, which is incorporated herein by reference.
Xxxxx of Restricted Stock Units. The Company hereby grants to the individual (“Participant”) named in the Notice of Restricted Stock Unit Grant of this Award Agreement (the “Notice of Grant”) under the Plan an Award of Restricted Stock Units, and subject to the terms and conditions of this Award Agreement and the Plan, which is incorporated herein by reference. Subject to Section 19(c) of the Plan, in the event of a conflict between the terms and conditions of the Plan and this Award Agreement, the terms and conditions of the Plan will prevail.
Xxxxx of Restricted Stock Units. The Corporation hereby agrees to issue to Grantee [Number] Restricted Stock Units at no cost to the Grantee, subject to the terms and conditions of this Agreement and the Plan, provided that the Grantee has delivered to the Corporation a signed copy of this Agreement.
Xxxxx of Restricted Stock Units. A. In accordance with the Plan, and effective as of the Date of Grant specified above, the Company has granted to the Participant the number of Stock Units specified at the beginning of this Agreement (collectively, the “Restricted Stock Units,” and each a “Restricted Stock Unit.”). Each Restricted Unit represents the right to receive a share of Common Stock (a “Share”) and dividend equivalent amounts corresponding to the Share, subject to the terms and conditions of this Agreement and the Plan.
B. The Restricted Stock Units granted to the Participant shall be credited to an account in the Participant’s name. This account shall be a record of book-keeping entries only and shall be utilized solely as a device for the measurement and determination of the number of Shares to be issued to or in respect of the Participant pursuant to this Agreement. Restricted Stock Units may not be transferred by the Participant without the Committee’s prior written consent other than by will or the laws of descent and distribution.
Xxxxx of Restricted Stock Units. The Corporation hereby grants to the Grantee the number of Restricted Stock Units set forth above. The Restricted Stock Units granted under this Agreement are payable only in shares of Common Stock of the Corporation. Each Restricted Stock Unit is equal to the Fair Market Value of one share of Common Stock on the vesting dates described below. Notwithstanding anything to the contrary anywhere else in this Agreement, the Restricted Stock Units in this Award are subject to the terms, definitions and provisions of the Plan, which are incorporated herein by reference.
Xxxxx of Restricted Stock Units. An RSU represents the right to receive from the Company on the relevant scheduled vesting or payment date for such RSU, one share of Common Stock or, if specified in the applicable Award Agreement, the Fair Market Value of one share of Common Stock paid in cash. The vesting or payment of an Award of RSUs may be subject to the attainment of specified performance goals or targets, forfeitability provisions and such other terms and conditions as the Administrator may determine, subject to the provisions of this Plan.
Xxxxx of Restricted Stock Units. The Company hereby grants to the individual named in the Notice of Restricted Stock Unit Grant attached as Part I of this Award Agreement (the “Participant”) under the Plan an Award of Restricted Stock Units, subject to all of the terms and conditions in this Award Agreement, the Addendum and the Plan, which is incorporated herein by reference. Subject to Section 18 of the Plan, in the event of a conflict between the terms and conditions of the Plan and the terms and conditions of this Award Agreement, the terms and conditions of the Plan will prevailprovided however, in the event of any inconsistency between the Plan and the Addendum, the Addendum shall prevail. This Option is intended to be a French-qualified Restricted Stock Unit that qualifies for the favourable tax and social security regime in France, as set forth in the Addendum. Certain events may affect the status of the Restricted Stock Unit as a French-qualified Restricted Stock Unit and the Restricted Stock Unit may be disqualified in the future. The Company does not make any undertaking or representation to maintain the qualified status of the French-qualified Restricted Stock Unit during the life of the Restricted Stock Unit, and Participant will not be entitled to any damages if the Restricted Stock Unit no longer qualifies as a French-qualified Restricted Stock Unit.
Xxxxx of Restricted Stock Units. Subject to the terms and conditions set forth herein and, in the Plan, the Company hereby grants to the Participant the number of Restricted Stock Units provided in the Notice, with each Restricted Stock Unit representing the right to receive one common stock (a “Share”) upon the vesting of such Restricted Stock Unit. The Company may make one or more additional grants of Restricted Stock Units to the Participant under this Restricted Stock Unit Grant Agreement by providing the Participant with a new Notice, which may also include any terms and conditions differing from this Restricted Stock Unit Grant Agreement to the extent provided therein. The Company reserves all rights with respect to the granting of additional Restricted Stock Units hereunder and makes no implied promise to grant additional Restricted Stock Units.
Xxxxx of Restricted Stock Units. DESTINATION XL GROUP, INC., a Delaware corporation (the “Company”), hereby grants, as of December 16, 2019 (“Date of Grant”), to Xxxxxx Xxxxx (the “Participant”) an award of 96,153 restricted stock units (the “RSUs”) (the “Award”) to be settled in shares of the Company’s common stock, $.01 par value per share, subject to the terms and conditions as set forth herein. Among other things, this Award is paid in consideration for the non-compete provisions contained in the Participant’s Employment Agreement. This RSU award agreement (the “Agreement”) is issued as a stand-alone inducement grant outside of the Company’s 2016 Incentive Compensation Plan (the “2016 Plan”). Unless otherwise provided herein, however, terms used herein that are defined in the 2016 Plan and not defined herein shall have the meanings attributed thereto in the 2016 Plan. The Participant hereby acknowledges receipt of a copy of the 2016 Plan and agrees to be bound by all of the terms and conditions hereof and all applicable laws and regulations.