Retention RSUs definition

Retention RSUs shall have the meaning set forth in Section 5(d).

Retention RSUs has the meaning assigned in Section 3.05.

Retention RSUs means the awards of RSUs denominated as “Retention RSUs” on Section 3.5.4 of the Company Disclosure Schedule; and (vi) “Company Stock-Based Award” means each right of any kind to receive shares of Company Common Stock or benefits measured by the value of a number of shares of Company Common Stock, and each award of any kind consisting of shares of Company Common Stock, granted under Company Stock Plans (including stock appreciation rights, restricted stock, restricted stock units, deferred stock units and dividend equivalents) other than Company Options.

Examples of Retention RSUs in a sentence

• So long as you remain an employee of the Company, 25% of the Acquired Employee Retention RSUs shall vest on the first anniversary of the grant date and 1/16th of the grant amount each quarter thereafter, subject to the terms and restrictions set forth in the Company equity plan(s) from which your equity award is granted, as may be modified from time to time (the “SFDC Option Plan”).

• Any unvested Acquired Employee Retention RSUs will be forfeited in their entirety upon the termination of your employment for any reason, including your resignation.

• The Retention RSUs shall have such other terms and conditions as provided in the Company’s standard form of restricted stock unit agreement.

• In addition, in the event that such leave of absence exceeds three (3) months, then to the extent permitted by law, the dates for payment of the Cash Retention Bonus and vesting of the Retention RSUs (in each case, to the extent not previously paid or vested) will be extended by the length of such leave of absence.

• The Retention RSUs will be subject to the terms of the Plan and a related restricted stock unit award agreement to be entered between you and the Company.

• Any unvested Retention RSUs will be forfeited in their entirety upon the termination of your employment for any reason, including your resignation.

• For avoidance of doubt, the Retention RSU award agreement will provide that the Retention RSUs will not be subject to the special retirement vesting provisions set forth in Section 4.7 of the Plan.

• In addition, all Retention Options that have not been exercised prior to the date that the Executive violates any of the covenants set forth in Section 9(a) or 9(b), or materially violates any of the covenants set forth in Section 9(c), 9(e), or 9(f) and all Retention RSUs that have not become vested prior to the date of such breach shall thereupon be forfeited.

• Notwithstanding any other provision to the contrary, vested Stay/Client Retention RSUs shall settle in Shares on the three (3) year anniversary of the Effective Date.

• Subject to Section 6, to the extent Employee is not vested in the Stay/Client Retention RSUs as of his Date of Termination, Employee shall forfeit such non-vested Stay/Client Retention RSUs without consideration.

More Definitions of Retention RSUs

Retention RSUs means each Company RSU that is set forth on Section 4.03(c) of the Company Disclosure Letter.”

Retention RSUs has the meaning set forth in the Recitals. “Section 338(g) Election” has the meaning set forth in Section 6.9(d).

Retention RSUs has the meaning set forth in the Recitals.

Retention RSUs means (i) the restricted stock units awarded pursuant to Section 5.9(f) under the Company’s 2014 Equity Incentive Plan with respect to shares of Company Common Stock and (ii) Promised Option RSUs with an aggregate grant-date value of up to $1,000,000 (the “Promised Option XX0000000/60 166756-0017 Cap”), with a combined aggregate grant-date value of up to the Aggregate Retention Award Amount, the grant-date value in each case based on the Per Share Consideration Estimate, with the actual aggregate grant-date value to be as instructed by Acquiror no later than ten (10) Business Days prior to the Closing.