Number of RSUs definition

Number of RSUs. [__________]

Number of RSUs. You have been granted RSUs. If you satisfy the terms and conditions described in this Award Agreement and the Plan, the RSUs will be settled in a number of shares of Stock equal to the number of RSUs granted under this Award Agreement. The conditions that you must meet before your RSUs are settled in shares of Stock are discussed below in the section titled “When Your RSUs Will Vest and Be Settled.”

Number of RSUs. [Number of Awards Granted]

Examples of Number of RSUs in a sentence

• Such Dividend Equivalents will be credited in the form of an additional number of RSUs and the Target Number of RSUs shall be adjusted by each additional RSU credited to the Grantee pursuant to the Dividend Equivalents.

• The Company hereby grants to the Participant the Number of RSUs Granted, effective as of the Date of Award and subject to the terms and conditions of the Plan and this Award Agreement.

• If, at least one month after the Grant Date but prior to the Vesting Date, the Grantee’s employment is terminated due to the Grantee’s Disability, then, after the end of the Performance Period, a Prorated Number of RSUs shall become Vested RSUs (as determined in Section 6(f) below).

• If, at least one month after the Grant Date but prior to the Vesting Date, the Grantee’s employment is terminated due to the Grantee’s Retirement, then, after the end of the Performance Period, a Prorated Number of RSUs shall become Vested RSUs (as determined in Section 6(f) below).

• For purposes of this Section 7, the prorated number of RSUs that may become Vested RSUs upon a Change in Control shall be equal to the Target Number of RSUs granted hereunder times a fraction, in which the numerator is the number of full months completed from the Grant Date to the date of the consummation of the Change in Control and the denominator is 36.

More Definitions of Number of RSUs

Number of RSUs. You have been granted ____________ RSUs. The conditions that you must meet before the Award matures into shares of Company stock are discussed below in the section titled "When Your Award Will Be Settled." WHEN YOUR AWARD WILL BE SETTLED NORMAL SETTLEMENT DATE: Normally, your RSUs will be converted automatically and ____________ shares of Company stock will be distributed to you if you are actively employed on ____________. However, your RSUs may be settled earlier in the circumstances described in the next section. HOW YOUR RSUS MIGHT BE SETTLED EARLIER THAN THE NORMAL SETTLEMENT DATE: Your RSUs will be settled automatically and ____________ shares of Company stock will be distributed to you if, before the Normal Settlement Date: - Your employment terminates because of death, disability (as defined in the Plan) or retirement (i.e., you terminate after reaching age 65 and completing at least five years of employment); or - There is a Change in Control (as defined in the Plan).

Number of RSUs. [Number] (the “Total Grant”)

Number of RSUs. [_______] Grant Date: [___________] (the “Grant Date”) Vesting of RSUs: [____%] of the total number of RSUs (rounded down to the nearest whole RSU) will be “Time-Vest RSUs” and the remaining [____%] of the total number of RSUs (rounded up to the nearest whole RSU) will be “Performance-Vest RSUs,” which shall vest and become nonforfeitable, as follows:

Number of RSUs. [Such number of RSUs equivalent to £100,000, based on the closing price of VolitionRx’s shares on the NYSE American on the Execution Date of the Employment Agreement] Date of Grant: [Commencement Date of Employment Agreement] Vesting Commencement Date: [12 months from Commencement Date}

Number of RSUs. [>>INSERT NUMBER OF RSUs GRANTED<<] Date of Grant: [>>INSERT DATE OF GRANT<<] Vesting Schedule: See Section 12 of the attached Exhibit A.

Number of RSUs. [Number of RSUs Granted]

Number of RSUs as set forth in the Award Notice Vesting Schedule: RSUs will vest on such date or dates specified in the Award Notice (the “Vesting Date”); provided, however, that RSUs may be subject to accelerated vesting in accordance with the provisions of Section 5. The period of time between the Grant Date and the vesting of Restricted Stock Units (and the termination of restrictions thereon) is the “Restricted Period.” Issuance Schedule Upon vesting of RSUs in accordance with the Normal Vesting Schedule, Shares will be issuable pursuant to the Plan on the applicable Vesting Date, subject to the Company’s collection of applicable Withholding Taxes. Issuance of Shares upon vesting of RSUs will be made as soon as administratively practicable, but in no event later than 2 1/2 months following the applicable Vesting Date. The procedures pursuant to which the applicable Withholding Taxes are to be collected are set forth in Section 7 of this Agreement.