Examples of Initial Restricted Stock Unit Grant in a sentence
Subject to Section 8(d)(vi) hereof, if either of the Initial Stock Option Grant or the Initial Restricted Stock Unit Grant is not expressly assumed in a Change in Control, such award will fully vest upon such Change in Control (and participate fully with other stockholders in such Change in Control).
The conciliator’s fees and administrative expenses represent 50% of the rates applicable to Administrative fees and Arbitrators fees in Arbitral proceedings as per paragraphs A and D of the present scale.
Initial Restricted Stock Unit Grant for New Directors on and after September 27, 2019.
The Initial Restricted Stock Unit Grant will include a provision that permits shares to be withheld to cover tax withholding obligations.
Unit Grant will be granted under a non-stockholder approved arrangement outside of any Company equity plan pursuant to the Nasdaq’s “inducement exception.” Executive agrees that the granting of the Initial Stock Option Grant and Initial Restricted Stock Unit Grant is an inducement material to Executive’s decision to enter into this Agreement and accept employment with the Company.
In addition, if Executive is providing services as the Chief Executive Officer or as a member of the Board on the date of a Change in Control, to the extent not already vested, all other outstanding equity awards, including the Initial Restricted Stock Unit Grant, will fully vest upon such Change in Control (and participate fully with other stockholders in such Change in Control).
If the Executive's employ- -------------------------------- ment is terminated for Cause or if the Executive terminates the Executive's employment without Good Reason, Mattel shall pay the Executive all Accrued Obligations, all unvested portions of the Initial Option Grant and the Initial Restricted Stock Unit Grant shall be forfeited, and Mattel shall have no further obligations to the Executive under this Agreement.
All unexercised stock options and all unpaid restricted stock units and other equity incentive compensation awards theretofore granted to the Executive, including, without limitation, the Initial Option Grant, and the Initial Restricted Stock Unit Grant, shall be exercisable or forfeited, as the case may be, in accordance with the applicable agreement or award between Employer and the Executive.
The Initial Restricted Stock Unit Grant will be subject to the Stock Plan and the applicable award agreement, and subject to its terms, the Initial Restricted Stock Unit Grant will vest 50% on the first and second anniversary of the award grand date and will convert to L Brands common stock upon vesting.
The Initial Restricted Stock Unit Grant will be subject to the Stock Plan and the applicable award agreement, and subject to its terms, the Initial Restricted Stock Unit Grant will vest 100% on the third-year anniversary of the grant date, subject to the Executive’s continuing employment with the Company from the grant date through the third-year anniversary of the grant.