Examples of Restricted Stock Unit Recipient in a sentence
Upon the vesting of each Restricted Stock Unit, the Restricted Stock Unit Recipient shall be entitled to receive a distribution from the Company in an amount equal to the aggregate Fair Market Value (on the vesting date) of the Shares underlying the portion of the Restricted Stock Unit vesting on such date.
The name of the Restricted Stock Unit Recipient, the date of the Award (the “Grant Date”), and the number of Restricted Stock Units being awarded (the “Restricted Stock Units”) are set forth separately in an award letter from Ferro to the Restricted Stock Unit Recipient that refers expressly to this document.
The fee rates on this tiered schedule are set in order to providesufficient funding for the upcoming fiscal year.
There were no distinct distributional patterns in the most commonly sighted species: basking shark, blue shark, and ocean sunfish.
The high number of drug users suggest poorer oral health outcomes for this group who are at a higher risk of oral diseases such as dental caries and periodontal diseases due to poor/insufficient mouth care practices, high consumption of sugary products, teeth grinding, and enamel erosion from the drug itself (Cawson, 2012).
If the Restricted Stock Unit Recipient’s employment with Ferro terminates before the end of the Vesting Period for any reason other than those stated in paragraphs 5-7 above, then all of the Restricted Stock Units will be forfeited and the Restricted Stock Unit Recipient will not be eligible to receive the delivery of any shares of Ferro Common Stock under this Award.
The Restricted Stock Unit Recipient may, however, elect to pay Ferro all or a portion of such taxes by delivering to Ferro cash or previously-owned shares of Ferro Common Stock, by having shares of Ferro Common Stock that would otherwise be delivered under these terms withheld by Ferro, or by using any combination of such alternatives.
The Restricted Stock Unit Recipient will not be entitled to any rights as a shareholder, including voting rights or dividends or dividend equivalents, with respect to the Restricted Stock Units during the Vesting Period.
The Restricted Stock Unit Recipient will be responsible for making appropriate arrangements satisfactory to Ferro to pay any withholding, transfer, or other taxes due as a result of the issuance of the shares of Ferro Common Stock pursuant to this document.
RECIPIENT NAME: AWARD DATE: VEST DATE: AWARD NUMBER: AWARD SHARES: SHARES OF THE REYNOLDS AND REYNOLDS COMPANY SUBJECT TO CURRENT PERFORMANCE-BASED RESTRICTED STOCK UNIT ("AWARD SHARES") FUTURE AWARD SHARES: SHARES OF THE REYNOLDS AND REYNOLDS COMPANY SUBJECT TO FUTURE PERFORMANCE-BASED RESTRICTED STOCK UNIT ("FUTURE AWARD SHARES") By accepting this Performance-Based Restricted Stock Unit, Recipient acknowledges receipt of a copy of the Plan.