Management RSUs definition

Management RSUs means a number of restricted share units (“RSUs”) providing the right to receive Class A Common Shares equal to 2.08% of the total number of Class A Common Shares outstanding on a fully diluted basis (assuming the exchange of all Units for shares) immediately following the Closing, and without any dilutive impact to Xx. Xxxxxx; and which RSUs shall be fully vested at the Closing and settled in Class A Common Shares in four equal installments on January 1, 2017, 2018, 2019 and 2020.
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Management RSUs has the meaning set forth in Section 6.18.
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Management RSUs means the restricted stock units over new Shares to be granted to participants of the Rollover.
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Examples of Management RSUs in a sentence

  • Following the Closing Date, Buyer shall make available additional restricted stock units pursuant to Buyer’s 2017 Omnibus Incentive Compensation Plan with an aggregate value of up to $2,000,000, to be granted to new hires of the Company as mutually agreed upon by the Company and Buyer (“New Hire RSUs” and, together with the Management RSUs, the “Buyer RSUs”).

  • The economic effect of the Management RSUs is that the Rollover Management Sellers will, following the expiry of the Acquisition Lock-Up Period, receive Shares at an effective price of 750p per Share.

  • If Adjusted EBITDA for any fiscal year of the Company equals or exceeds ninety percent (90%) of the Adjusted EBITDA Target for such fiscal year (such fiscal year, the “Initial Management RSU Year”), fifty percent (50%) of the Management RSUs shall become vested.

  • Adjusted EBITDA is not a measure of performance under IFRS and should be considered in addition to, and not as a substitute for, other measures of financial performance and liquidity.For a reconciliation of (loss)/profit before royalties and tax to adjusted EBITDA, see –Annual financial statements–Notes to the consolidated financial statements– note 24.10: Capital Management.5 Net debt represents borrowings and bank overdraft less cash and cash equivalents.

  • The Management RSUs granted to the Grantee under this Agreement that become vested in accordance with this Section 2 shall constitute “Vested RSUs”.

  • Let (g wτ, e) ∈ Pτ (H), and suppose T ⊂ Be is a maximal toruscontaining γ(k×) as above, so that we can write e = α∈∆e Xα, where ∆e := ∆(T, Be).

  • The Grantee shall pay to the Company, or make provision satisfactory to the Company for payment of, any taxes required to be withheld by applicable law or regulation in respect of the Management RSUs, as applicable, no later than the date of the event creating the tax liability.

  • These loadings would be applied from the Policy Period State Date including all subsequent renewals with the company.Any exclusion/loadings, if applicable, shall be suitably intimated to the proposer based on the assessment of the proposal form and medical tests.

  • In 2019 two doctoral dissertations related to our research were pro­ duced, and several publications were published.Through our research projects weare exploring opportunities to utilize new bioprocesses for processing side streams for new, innovative and sustainable ingredients.

  • The Management RSUs shall vest in accordance with the attainment of specified Adjusted EBITDA Targets for any fiscal year during the term of this Agreement.


More Definitions of Management RSUs

Management RSUs means a number of restricted share units (“RSUs”) providing the right to receive Class A Common Shares equal to 1.7% of the total number of Class A Common Shares outstanding on a fully diluted basis (assuming the exchange of all Units for shares) immediately prior to the issuance of shares in the IPO, and without any dilutive impact to Xx. Xxxxxx; and which RSUs shall be fully vested at the Closing and settled in Class A Common Shares in equal installments of 6.25% on the last day of each of the first sixteen (16) calendar quarters following the Closing Date, so that all RSUs shall have been fully settled as of the fourth anniversary of the Closing Date.
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Management RSUs means a number of restricted stock units (“RSUs”) providing the right to receive shares of Class A Common Stock of the Company equal to 1.7% of the total number of shares of Class A Common Stock outstanding on a fully diluted basis (assuming the exchange of all Units for shares) immediately prior to the issuance of shares in the IPO, and without any dilutive impact to Xx. Xxxxxx; and which RSUs shall be fully vested at the Closing and settled in shares of Class A Common Stock in equal installments of 6.25% on the last day of each of the first sixteen (16) calendar quarters following the Closing Date, so that all RSUs shall have been fully settled as of the fourth anniversary of the Closing Date.
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Related to Management RSUs

  • Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.

  • Performance Stock means a Target Number of Shares granted pursuant to Section 10(a) of the Plan.

  • DSUs means the deferred share units granted under the DSU Plan;

  • Restricted Share Units means an Award which may be earned in whole or in part upon the passage of time or the attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.

  • Performance Shares means Shares or an Award denominated in Shares which may be earned in whole or in part upon attainment of performance criteria established by the Administrator.

  • Company Restricted Share means each restricted share of Company Common Stock outstanding as of the Effective Time granted pursuant to any equity or compensation plan or arrangement of the Company.

  • Company RSUs means any restricted stock units granted under any of the Company Equity Plans.

  • Vesting Date has the meaning set forth in Section 3.10(c)(ii).

  • Company PSUs means any performance-based restricted stock units of the Company, whether granted pursuant to any of the Company Stock Plans or otherwise.

  • Performance Stock Award means a Stock Award granted under the terms and conditions of Section 6(c)(i).

  • Equity Award means stock options, stock appreciation rights, restricted stock, restricted stock units, performance shares or any other form of award that is measured with reference to the Stock.

  • Company Restricted Stock Unit means any restricted stock unit award subject to service-based vesting, payable in shares of Company Common Stock or the value of which is determined with reference to the value of shares of Company Common Stock, whether granted under a Company Stock Plan or otherwise.

  • Vested LTIP Units has the meaning provided in Section 4.4(d) hereof.

  • Unvested LTIP Units has the meaning provided in Section 4.4(d) hereof.

  • PSU means Public Sector Undertaking

  • Vesting Dates means, as determined by the Board or by the Committee, the date as of which the Optionee shall be entitled to exercise the Options or part of the Options, as set forth in section 11 of the ISOP.

  • Performance Share Units means Performance Share Units granted to an Eligible Individual under Section 9.1(b).

  • Equity Awards will mean Executive’s outstanding stock options, stock appreciation rights, restricted stock units, performance shares, performance stock units and any other Company equity compensation awards.

  • Vested Shares means "Vested Shares" as defined in the Award Agreement.

  • Restricted Shares shall have the respective meanings set forth in Section 2.14.

  • Company Restricted Shares means shares of Company Common Stock granted under a Company Equity Plan, or issued upon “early exercise” of an option granted under a Company Equity Plan, that remain subject to one or more unsatisfied vesting or vesting-equivalent forfeiture or repurchase conditions.

  • Restricted Share Unit means the right granted to a Participant pursuant to Article 7 to receive a Share at a future date.

  • Company Restricted Stock Award means each award with respect to a share of restricted Company Common Stock outstanding under any Company Stock Plan that is, at the time of determination, subject to forfeiture or repurchase by the Company.

  • PSUs means the outstanding performance share units governed by the performance share unit plan of the Company dated December 16, 2013, as amended from time to time;

  • RSUs means that number of Restricted Stock Units listed in the Award Notice as “Restricted Stock Units Granted.”

  • Phantom Shares means an Award of the right to receive Shares issued at the end of a Restricted Period which is granted pursuant to Section 6(e) of the Plan.