Examples of Acquiror RSUs in a sentence
Acquiror has a sufficient stockholder-approved reserve of unallocated shares under its 2007 Equity Incentive Plan to cover the Acquiror RSUs to be issued pursuant to Section 1.9(a)(iv) hereof.
Acquiror, in consultation with the Key Employees, will determine the Continuing Employees who will be eligible to receive Acquiror RSUs and the number of Acquiror RSUs to be allocated to each such eligible Continuing Employee.
The former CarLotz stock and option holders may also receive up to 7,500,000 Earnout Shares (including 554,268 shares issuable upon vesting of Earnout Acquiror RSUs) as contingent consideration in the Merger.
At the Closing, Acquiror will reserve for issuance 1,697,381 shares of Acquiror Common Stock in the aggregate for issuance in the form of Acquiror RSUs to be issued to Continuing Employees as soon as practicable following the Closing Date.
Any Earnout Acquiror RSUs that remain outstanding and unvested on the Forfeiture Date shall be forfeited on the Forfeiture Date.
As of the Acquiror Capitalization Measurement Time, 614,897 shares of Acquiror Common Stock were reserved for issuance pursuant to outstanding Acquiror Stock Options, 936,795 shares of Acquiror Common Stock were reserved for issuance pursuant to outstanding Acquiror RSUs and 1,656,831 shares of Acquiror Common Stock were reserved for issuance pursuant to outstanding Acquiror PSUs (assuming “target” performance).
All of such shares will be issued (or, with respect to shares subject to the Earnout Acquiror RSUs, vest) if there is a change of control of the Company that will result in the holders of the Company’s common stock receiving a per share price equal to or in excess of $10.00 (as equitably adjusted for stock splits, stock dividends, special cash dividends, reorganizations, combinations, recapitalizations and similar transactions affecting the Company’s common stock) prior to the end of the Earnout Period.
Has your country received new and additional financial resources to enable you to meet the agreed full incremental costs of implementing measures which fulfil the obligations of the Convention (20(2))?a) noxb) yes If a developed country Party -278.
Following the Closing Date, in accordance with Acquiror’s standard equity award policies, (a) each recipient of an Equity Bonus Grant will be awarded the number of Acquiror RSUs set forth on Schedule 5.12(a), and (b) each recipient of a Retention Equity Grant will be awarded the number of Acquiror RSUs (the Equity Bonus Grant and the Retention Equity Grant of Acquiror RSUs together the “Employee RSUs”) or Acquiror Restricted Shares as set forth on Schedule 5.12(b) by the Acquiror’s board of directors.
Acquiror RSUs issued pursuant to this Section 6.8(b) shall be subject to the terms and conditions of the Acquiror Plan and the form agreement approved for grant thereunder and shall vest in accordance with the vesting schedule(s) set forth on Schedule 6.8(b).