Number of Restricted Stock Units means the aggregate number of Restricted Stock Units credited to your Account as of the applicable dividend record date; and
Number of Restricted Stock Units. [________]
Number of Restricted Stock Units means the aggregate number of Restricted Stock Units held by the Director as of that record date; and
Examples of Number of Restricted Stock Units in a sentence
The vesting of the Total Number of Restricted Stock Units shall begin as of the Vesting Commencement Date and the Restricted Stock Units will vest pro rata over the Vesting Period, in equal regular installments on the Vesting Installment Frequency, until all Restricted Stock Units shall have vested as of the end of the Vesting Period.
If not indicated, then the all of the Total Number of Restricted Stock Units shall be vested as of the Grant Date.
On the Date of Grant, the Participant shall acquire, subject to the provisions of this Agreement, the Number of Restricted Stock Units, as specified in Section 1 above (the “Units”).
The Company hereby grants to the Participant, subject to the provisions of this Agreement, the Total Number of Restricted Stock Units set forth in the Grant Notice, subject to adjustment as provided in Section 4.3 and Section 10.
Non-Employee Director Equity Summary Table Non-Employee Directors Number of Restricted Stock Units (#)(1) Value of Restricted Stock Units ($)(1) Kevin M.
More Definitions of Number of Restricted Stock Units
Number of Restricted Stock Units. RSU_Shares Vesting Commencement Date: May 1, 200[__] Vesting of Restricted Stock Units: The Restricted Stock Units will vest according to the following schedule: Subject to any accelerated vesting provisions in the Plan, the Restricted Stock Units will vest as follows: Twenty percent (20%) of the Restricted Stock Units will vest on each anniversary of the Vesting Commencement Date, subject to Participant continuing to be an Employee through such dates, and satisfying the Full-Time Employment Requirement for an Eligible Vesting Year. Restricted Stock Units will not vest during any Eligible Vesting Year if for six months or more during such Eligible Vesting Year (i) Participant is on a Nonstatutory Leave of Absence, and/or (ii) Participant is not a Full-Time Employee (the “Full-Time Employment Requirement”). In the event that no Restricted Stock Units vest during an Eligible Vesting Year for failure to satisfy the Full-Time Employment Requirement (the “Forgone Annual Units”), then the Forgone Annual Units that fail to so vest will be eligible to vest in a subsequent Eligible Vesting Year during which the Full-Time Employment Requirement is satisfied; provided, however, that no more than one Eligible Vesting Year’s worth of Forgone Annual Units will be able to vest in any such subsequent Eligible Vesting Year; provided, further, that any Restricted Stock Units that fail to vest hereunder by the fifteenth (15th) anniversary of the Vesting Commencement Date will not be eligible to vest thereafter and will automatically be forfeited at no cost to the Company and the Participant will have no further rights with respect thereto. For these purposes, an “Eligible Vesting Year” means the period between May 1 through the following April 30 of each year from the Vesting Commencement Date through the fifteenth (15th) anniversary of the Vesting Commencement Date.
Number of Restricted Stock Units means the aggregate number of Units outstanding under this Agreement as of the applicable dividend record date; and “Fair Market Value” means the Fair Market Value of a share of Common Stock on the applicable dividend payment date.
Number of Restricted Stock Units. (the “RSUs”)
Number of Restricted Stock Units. RSU_Shares Vesting Commencement Date: May 1, 200[__] Vesting of Restricted Stock Units: The Restricted Stock Units will vest according to the following schedule: Subject to any accelerated vesting provisions in the Plan, the Restricted Stock Units will vest as follows: One-third (1/3) of the Restricted Stock Units will vest on each anniversary of the Vesting Commencement Date, subject to Participant continuing to be a non-employee Director through such dates. Unless otherwise defined herein or in Appendix A, capitalized terms herein or in Appendix A will have the defined meanings ascribed to them in the Plan. IMPORTANT: Your electronic acceptance indicates your agreement and understanding that this Award of Restricted Stock Units is subject to all of the terms and conditions contained in Appendix A and the Plan. Before you may electronically accept this Restricted Stock Unit Award Agreement, you must click on the link to each of the documents required for acceptance, including, without limitation, the Restricted Stock Unit Award Agreement and Appendix A thereto, the Plan, and, if applicable, the Restricted Stock Unit Award Tax Provisions (collectively, the “Award Documents”) and review each. PLEASE BE SURE TO READ APPENDIX A, WHICH CONTAINS THE SPECIFIC TERMS AND CONDITIONS OF THIS AWARD. By clicking the “ACCEPT” button, you agree to the following: You acknowledge and agree that:
Number of Restricted Stock Units. [l] Restricted Stock Units, which represent a phantom right, and shall be equivalent, on a one-for-one basis, to shares of the common stock of the Company (“Shares”)
Number of Restricted Stock Units. [_________] Vesting Commencement Date: [_________]
Number of Restricted Stock Units. That number calculated by dividing $• by the Per Share Conversion Common Amount (as defined in the Merger Agreement) and rounding down to the nearest whole number.