Restricted Share Unit Grant Letter definition
Restricted Share Unit Grant Letter means a right granted to a Participant by the Company as compensation for employment or consulting services or services as a Director or Officer, to receive, for no additional consideration, Shares of the Company upon specified vesting criteria being satisfied and which may provide that, upon vesting, the Award may be paid in cash or Shares in accordance with Section 4.12 of this Plan.
Restricted Share Unit Grant Letter means the letter to the Participant from the Corporation and agreed to by the Participant evidencing the grant of Restricted Share Units;
Restricted Share Unit Grant Letter means a letter from the Company or Affiliate to a Participant in which the Participant is notified of the decision to Grant to the Participant of Restricted Share Units according to the terms of the Plan. The Restricted Share Unit Grant Letter may specify (i) the Tax Track that the Company chooses according to Section 11 of the Plan; (ii) the number of Restricted Share Units Granted to the Participant and (iii) the time(s) at which all or portions of an outstanding Restricted Share Units become vested.
More Definitions of Restricted Share Unit Grant Letter
Restricted Share Unit Grant Letter means the letter to the Participant from the Company evidencing the grant of Restricted Share Units, the form of which is attached hereto as Schedule “A”, and as may be amended from time to time with respect to Restricted Share Unit Awards made to Participants that are Israeli residents or not resident in Canada or the United States for tax purposes;
Restricted Share Unit Grant Letter means the letter to the Participant from the Company evidencing the grant of Restricted Share Units, the form of which is attached hereto as Schedule “A”;