Company PRSU definition

Company PRSU means each restricted stock unit representing the right to vest in and be issued shares of Company Common Stock by the Company, and which vests in whole or in part contingent upon the attainment of one or more performance goals, granted by the Company pursuant to a Company Option Plan.
Company PRSU means a Company RSU that is subject to performance-based vesting conditions.
Company PRSU means a performance-based restricted stock unit issued pursuant to a Company Equity Plan or otherwise that is subject to performance-based vesting criteria (before giving effect to any performance determination required under the terms of the award in connection with the Effective Time).

Examples of Company PRSU in a sentence

  • Following the Effective Time, no such Company Option, Company RSU, Company PRSU, Equity Interest or other right that was outstanding immediately prior to the Effective Time shall remain outstanding and each former holder of any such Company Option, Company RSU, Company PRSU, Equity Interest or other right shall cease to have any rights with respect thereto, except the right to receive the consideration set forth in this Section 2.4.


More Definitions of Company PRSU

Company PRSU. Section 2.4(b)
Company PRSU means a restricted stock unit with respect to Company Common Stock that vests based on performance-based vesting criteria.
Company PRSU mean any performance-based restricted stock unit with respect to any shares of Company Common Stock granted under any Company Stock Plan or otherwise.
Company PRSU means a performance-based restricted stock unit for shares of Company Common Stock issued to employees of the Company or the Israeli Subsidiary prior to the Agreement Date or issued pursuant to the Additional PRSU Agreements with vesting tied to performance of the Company and/or the Israeli Subsidiary or tied to Company Products and/or Company Intellectual Property in any manner (including any Company Products and/or Company Intellectual Property and/or any products, services, or Intellectual Property to the extent evidenced by or embodied in and/or attached, connected or related to Company Intellectual Property created before or after the Closing, including managed services to the extent that they relate to Company Products and/or Company Intellectual Property, and including, without limitation, any enhancements, modifications and derivatives thereof, but not including Buyer or other products bundled or sold therewith to the extent such Buyer or other products do not incorporate or are not based on Company Intellectual Property, irrespective of whether it is bundled or otherwise sold with Company Products or products based on Company Intellectual Property), each of which is listed on Schedule 1.1(gg) of the Company Disclosure Letter.
Company PRSU means any outstanding stock unit granted under the Stock Plans that vests based on both the achievement of performance goals (other than performance goals relating to the Company’s share price) and continued employment or service.
Company PRSU means each award of restricted stock units including those granted pursuant to a Restricted Stock Unit Agreement of the Company outstanding immediately before the Effective Time under any Stock Plan that is subject to performance based vesting.
Company PRSU means each restricted stock unit granted under the 2021 Equity Plan that is subject to one or more performance-based vesting conditions for purposes of Section ‎2.8, as of immediately prior to the Effective Time, and for purposes of Section ‎3.7, as of the Capitalization Date.