Replacement RSU definition

Replacement RSU means a restricted share unit that may be settled in cash or Purchaser Shares granted by the Purchaser in exchange for (i) New RSUs on the basis set forth in Section 3.2(n)(ix); and (ii) if applicable, Floating RSUs on the basis set forth in Section 3.2(n)(xii).
Replacement RSU has the meaning specified in Section 1.1 of the Plan of Arrangement.
Replacement RSU has the meaning ascribed thereto in Section 2.2(d);

Examples of Replacement RSU in a sentence

  • For example, if the surviving entity’s common stock fair market value is $20.00 per share on the date of the Change in Control and is $15.00 per share on the date of vesting, the Participant will be entitled to receive a Value Restoration Payment equal to $5.00 per Replacement RSU with respect to each Replacement RSU vesting on such vesting date.

  • The legislative package was prepared by the Ministry of Justice of Georgia which envisaged important issues about the regulations of the court system.According to the draft Law: The new rule is determined for the composition of the High Council of Justice – six non judge members of the council shall be elected by the Parliament of Georgia from the representatives of society.

  • Such Replacement RSU shall provide for a conversion price per Replacement RSU (rounded up to the nearest whole cent) equal to the quotient obtained when: (i) the conversion price per Floating Share that would otherwise be applicable pursuant to the Floating RSU it replaces is divided by (ii) the Floating Ratio in effect immediately prior to the Acquisition Effective Time, and any document evidencing a Floating RSU shall thereafter evidence and be deemed to evidence such Replacement RSU.

  • The term to expiry, conditions to and manner of receipt and other terms and conditions of each of the Replacement RSUs shall be the same as the terms and conditions of the Aphria RSU for which it is exchanged except that such Replacement RSU shall be governed by the terms and conditions of the Tilray Plan and, in the event of any inconsistency or conflict the Tilray Plan shall govern.

  • Such Replacement RSU shall provide for a conversion price per Replacement RSU (rounded up to the nearest whole cent) equal to the quotient obtained when: (i) the conversion price per Company Subordinate Voting Share that would otherwise be applicable pursuant to the Company RSU it replaces is divided by (ii) the Exchange Ratio in effect immediately prior to the Acquisition Effective Time, and any document evidencing a Company RSU shall thereafter evidence and be deemed to evidence such Replacement RSU.


More Definitions of Replacement RSU

Replacement RSU means a restricted share unit to acquire Canopy Shares granted by Canopy in exchange for an Acreage RSU on the basis set forth in the Plan of Arrangement.
Replacement RSU has the meaning set forth in Section 1.6(a)(iii).
Replacement RSU means a restricted share unit, including an income replacement share unit, as applicable, to acquire REIT Units granted by the REIT in replacement of Restricted Share Units pursuant to the Arrangement.
Replacement RSU has the meaning assigned to such term in the LTIP.
Replacement RSU means a restricted share unit to acquire Purchaser Shares granted by the Purchaser in exchange for the Company RSUs on the basis set forth in Section 3.1(i)(x).C-10
Replacement RSU has the meaning set forth in Section 2.2(e).