Examples of Parent Restricted Stock Unit Awards in a sentence
In connection with the settlement of Parent Restricted Stock Unit Awards pursuant to this Section 2.4(c), holders of Parent Restricted Stock Unit Awards shall have the right to have shares of Parent Common Stock withheld to satisfy any tax liabilities associated with such settlement.
Other than Parent Stock Options and Parent Restricted Stock Unit Awards issued prior to the date of this Agreement, there are no outstanding subscriptions, options, warrants, puts, calls, rights, exchangeable or convertible securities or other commitments or agreements obligating Parent to issue, transfer, sell, purchase, redeem or otherwise acquire any such securities.
Other than Parent Stock Options and Parent Restricted Stock Unit Awards issued prior to the date of this Agreement, as of the date hereof there are no outstanding subscriptions, options, warrants, puts, calls, rights, exchangeable or convertible securities or other commitments or agreements obligating Parent to issue, transfer, sell, purchase, redeem or otherwise acquire any securities of Parent.
Except as otherwise described herein, the Spinco Restricted Stock Units shall be subject, in all material respects, to the same terms and conditions (including the vesting terms thereof) as those applicable to the related Parent Restricted Stock Unit Awards (as applicable) immediately prior to the Distribution Date.
Except pursuant to this Agreement, Parent Restricted Stock Awards, Parent Stock Options and Parent Restricted Stock Unit Awards, in each case, issued as of the date hereof, and the Parent Stock Plans, as of the date hereof, Parent does not have any Rights issued or outstanding, any shares of Parent Class A Common Stock reserved for issuance, or any commitment or agreement that obligates Parent to authorize, issue, transfer, purchase, redeem, sell or otherwise acquire any Parent Stock or any Rights.
The number of Spinco Restricted Stock Units shall be equal to the number of shares of Spinco Common Stock that the holder of Parent Common Stock, equivalent in number to the restricted stock units granted under the Parent Restricted Stock Unit Award, would be entitled in the Distribution had the Parent Restricted Stock Unit Awards represented actual shares of Parent Common Stock, rounded down to the nearest whole unit.