Restricted Share Unit Award definition

Restricted Share Unit Award means a right to receive Ordinary Shares which is granted pursuant to the terms and conditions of Section 6(b).

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Restricted Share Unit Award means an award of Restricted Share Units under this Plan.

Restricted Share Unit Award means an award of Restricted Share Units under the Plan to a Participant;

Examples of Restricted Share Unit Award in a sentence

Each holder of a Vested Company Restricted Share Unit Award, which is cancelled at the Effective Time shall, in exchange therefor, be paid by the Surviving Company or one of its Subsidiaries, as soon as practicable after the Effective Time (without interest), a cash amount equal to the Per Share Merger Consideration with respect to each Vested Company Restricted Share Unit Award.
The grant of each such Company Restricted Share Unit Award was validly made and properly approved by the Company Board (or a duly authorized committee thereof) and any shareholder approval by the necessary number of votes in compliance in material respect with the terms of the Company Share Plan, the Exchange Act, the rules and regulations of the New York Stock Exchange and all other applicable Laws.
Each Ordinary Share (as defined below) issued and outstanding immediately prior to the Effective Time (other than the Excluded Shares, the Dissenting Shares, the Ordinary Shares represented by ADSs, and any Company Restricted Share Unit Award) shall be cancelled in exchange for the right to receive US$0.20 per Ordinary Share in cash without interest (the “Per Share Merger Consideration”).
Except as otherwise provided in this Agreement, there are no commitments or agreements of any character to which any Group Company is bound obligating such Group Company to accelerate or otherwise alter the vesting of any Company Restricted Share Unit Award as a result of the transactions contemplated hereby.

More Definitions of Restricted Share Unit Award

Restricted Share Unit Award means an Award granted under Article X of the Plan under which, upon the satisfaction of predetermined individual service-related vesting requirements, a cash payment shall be made to the Holder, based on the number of Units awarded to the Holder.

Restricted Share Unit Award means an Award in the form of Restricted Share Units.

Restricted Share Unit Award means a right to receive Common Shares which is granted pursuant to the terms and conditions of Section 11.

Restricted Share Unit Award means a bookkeeping entry representing an amount equal to the Fair Market Value of one Common Share, granted pursuant to the terms and conditions of Article 9;

Restricted Share Unit Award means an award of Restricted Share Units.

Restricted Share Unit Award as defined by and pursuant to the terms of the Plan, and pursuant to the terms set forth herein;

Restricted Share Unit Award means a right to receive Shares which are granted pursuant to the terms and conditions of Section 6(b).