Examples of Company Restricted Share Unit in a sentence
The Company shall take all actions necessary to effect the transactions contemplated by this Section 5.11(a) under all Company Restricted Share Unit agreements and any other plan or arrangement of the Company, including delivering all required notices, obtaining any required consents and making any determinations and/or resolutions of the Company Board of Directors or a committee thereof.
As of the Effective Time or Offer Closing, as applicable, all Company Restricted Share Units shall no longer be outstanding and shall automatically cease to exist, and each Company Restricted Share Unit holder shall cease to have any rights with respect thereto, except, with respect to the vested Company Restricted Share Units, the right to receive the Scheme Price, less any required withholding Taxes, without interest.
Section 4.05 of the Company Disclosure Letter contains a complete and correct list of each outstanding Company Stock Option and Company Restricted Share Unit, including the date of grant, exercise price (for Company Stock Options), vesting schedule and number of Company Shares subject thereto.
There are no commitments or agreements to which Company is bound obligating Company to waive its right of repurchase or forfeiture with respect to any Company Restricted Shares or Company Restricted Share Unit as a result of the Acquisition (whether alone or upon the occurrence of any additional or subsequent events).
There are no commitments or agreements to which the Company is bound obligating the Company to waive its right of repurchase or forfeiture with respect to any Company Restricted Share Unit as a result of the Acquisition (whether alone or upon the occurrence of any additional or subsequent events).
Each Company Restricted Share Unit that vests in accordance with this Section 1.8(c) shall be cancelled and of no further force or effect as of the Effective Time and automatically converted into the right to receive an amount in cash equal to the product obtained by multiplying (i) the total number of shares of Company Common Stock subject to such vested Company Restricted Share Unit and (ii) the Merger Consideration.
Each Company Stock Option and Company Restricted Share Unit award may, by its terms or the terms of the Company Stock Plan pursuant to which it was issued, be treated at the Effective Time as set forth in Section 2.3.
As of the Effective Date, the Executive was granted 150,000 shares of deferrable restricted stock units of the Company ("Restricted Share Unit Award"), which may be settled only in Company common stock, in accordance with the form of grant attached hereto as Exhibit A.
Upon cancellation thereof as described in this Section 4.1, each Company Restricted Share Unit shall cease to exist and shall automatically be canceled and each holder of a Company Restricted Share Unit shall cease to have any rights with respect thereto other than the right (which right is expressly subject to the other terms and provisions of this Agreement, including Sections 11.2 and 11.3) to receive the payments described in this Agreement without interest except as set forth in this Agreement.
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