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

  • The order may be extended for an additional 45 days upon a showing of good cause.

  • Company Disclosure Schedule 3.03 sets forth, as of the date of this Agreement, the name of each holder of an unvested Company RSU, Company PRSU or Company Restricted Share under the Company Stock Plan, identifying (i) the type of the award, (ii) the aggregate amount of unvested restricted stock awards, (iii) the number of shares of Company Common Stock subject to each award, and (iv) the grant date and vesting schedule.

  • For example, if the Distribution results in one Crane Company Share issued for each Crane Holdings, Co. Share, the number of Crane Company Shares underlying the Crane Company PRSU Award, assuming target performance, immediately after the Distribution, shall be the same as the number of Crane NXT, Co. Shares underlying the Crane NXT, Co. PRSU Award, assuming target performance, immediately after the Distribution.

  • We first consider identity-based encryption, and show that the CCA-secure variant of Gentry’s scheme [Gen06] can be generalized to deal with leakage.

  • Immediately after the Effective Time, the number of Crane Company Shares subject to the Crane Company PRSU Award, assuming target performance, shall be equal to (i) the number of Crane Holdings, Co. Shares subject to the Crane Holdings, Co. PRSU Award immediately prior to the Effective Time divided by (ii) the Crane Company Adjustment Ratio, rounded up to the nearest whole share.


More Definitions of Company PRSU

Company PRSU means a restricted stock unit with respect to Company Common Stock that vests based on performance-based vesting criteria.
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 shall have the meaning given to that term in Section 2.5(e)
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 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.
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.