Examples of Eligible RSUs in a sentence
Upon the earlier of such dates, settlement of all Eligible RSUs shall occur as otherwise provided in this Agreement.
Once the Administrator has determined the Achievement Percentage for a Performance Period, 100% of Participant’s Eligible RSUs with respect to such Company TSRs for the Performance Period will vest and be released to Participant on the Vesting Date for that Performance Period, subject to Participant continuing to be a Service Provider through such Vesting Date.
All RSUs that do not become Vesting Eligible RSUs shall be forfeited.
Once the performance conditions for becoming Vesting Eligible RSUs are satisfied, such Vesting Eligible RSUs remain subject forfeiture until RSUs become “Vested RSUs” on the Vesting Date, unless otherwise provided on Exhibit A.
Except as otherwise provided in this Section the Vesting Eligible RSUs will vest and be payable on the Vesting Date, provided the Holder has not incurred a Termination of Service prior to the Vesting Date.
The number of Eligible RSUs will be determined based on the levels of achievement of TSR by the Company during the applicable Performance Periods, as compared to the TSR achieved by the companies comprising the Benchmark Companies.
We may reject any or all Election Forms or Eligible RSUs that are exchanged to the extent that we determine they were not properly executed or delivered or to the extent that we determine it is unlawful to accept the Eligible RSUs that are exchanged.
The vesting period for the Eligible RSUs starts on 1 April 2016 (the “Start Date”).
The number of Eligible RSUs shall be fixed as of [__________________________].
If we increase or decrease what we will give you in exchange for your Eligible RSUs or increase or decrease the number of Eligible RSUs that can be exchanged in the offer, then we will provide you with an email notice and, in the case where the tender offer is scheduled to expire within 10 business days (as defined below) from, and including, the date that notice is first provided to you, we will extend the tender offer until not earlier than the expiration of such period of 10 business days.