Parent RSU Award definition

Parent RSU Award means an award of restricted stock units relating to Parent Ordinary Shares.
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Parent RSU Award means an award of time-based restricted stock units or deferred stock units granted pursuant to a Parent Omnibus Plan that is outstanding as of immediately prior to the Effective Time.
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Parent RSU Award shall have the meaning set forth in Section 2.3(c).
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Examples of Parent RSU Award in a sentence

  • Parent and SpinCo shall take all actions necessary or appropriate so that each outstanding Parent Option, Parent SAR, Parent RSU Award, Parent Performance Share Award and Parent DSU Award (collectively, “Parent Equity Awards”) granted under any Parent Long-Term Incentive Plan held by any individual shall be adjusted as set forth in this Article X.

  • Except as otherwise provided in this Section 2.3(b), each Parent RSU Award assumed and converted pursuant to this Section 2.3(b) shall continue to have, and shall be subject to, the same terms and conditions as applied to the corresponding Company RSU Award immediately prior to the Effective Time.

  • Except as set forth in this Section 4.05(f), the vested Parent RSU Award and vested Spinco RSU Award issued in accordance with this Section 4.05(f) shall, from and after the Effective Time, each be subject to the same terms and conditions (including with respect to payment timing) as were applicable to the vested Parent RSU Award immediately prior to the Effective Time.

  • As of the Effective Time, the number of shares of Parent Stock underlying each such Parent RSU Award as so assumed and converted (which shall be rounded up to the nearest whole share) shall be equal to the product of (i) the applicable number of shares of Company Common Stock subject to the Company RSU Award, multiplied by (ii) the Stock Award Exchange Ratio, rounded up to the nearest whole share of Parent Stock.

  • Following the First Effective Time, no Parent RSU Award that was outstanding immediately prior to the First Effective Time shall remain outstanding and each former holder of any such Parent RSU Award shall cease to have any rights with respect thereto, except the right to receive the Parent Merger Consideration pursuant to Section 2.1(a)(i) with respect to each share of Parent Common Stock received upon settlement of such Parent RSU Award.


More Definitions of Parent RSU Award

Parent RSU Award means an award of restricted stock units corresponding to shares of Parent Common Stock, which award is subject to restrictions based on performance or continuing service.
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Parent RSU Award means a restricted stock unit award granted under a Parent Stock Plan.
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Parent RSU Award means any Parent RSU Award (Concentrated) and/or any Parent RSU Award (Legacy).
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Parent RSU Award means any award of the right to receive Parent Common Stock that is subject to restrictions based on performance or continuing service and granted under any Parent Stock Plan.
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Parent RSU Award. Section 2.3(b) “Parent SEC Documents” Section 4.4(a)
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Parent RSU Award means an award of restricted stock units with respect to Parent Common Stock. “Parent SEC Documents” has the meaning set forth in Section 5.22(a).
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Parent RSU Award shall have the meaning ascribed to it in Section 3.2(c).
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