RSU Awards definition

RSU Awards means Awards granted under the Micro Focus LTIP without performance conditions

RSU Awards means RSUs granted to a Participant pursuant to the terms of the Plan;

RSU Awards shall have the meaning ascribed thereto in the Merger Agreement.

Examples of RSU Awards in a sentence

• Except as otherwise provided in the Award Agreement or other written agreement between a Participant and the Company or an Affiliate, vesting of Restricted Stock Awards and RSU Awards will cease upon termination of the Participant’s Continuous Service.

• The Plan provides for the grant of the following Awards: (i) Incentive Stock Options; (ii) Nonstatutory Stock Options; (iii) SARs; (iv) Restricted Stock Awards; (v) RSU Awards; (vi) Performance Awards; and (vii) Other Awards.

• The Committee may make Restricted Share and RSU Awards with or without the requirement for payment of cash or other consideration.

• Subject to the terms and provisions of the Plan, the Committee, at any time, and from time to time, may grant RSU Awards under the Plan to eligible persons in such amounts and upon such terms as the Committee shall determine.

• In that light, the Company makes no representation or covenant to ensure that the RSU Awards that are intended to be exempt from, or compliant with, Section 409A of the Code are not so exempt or compliant or for any action taken by the Committee with respect thereto.

• You hereby consent to receive such documents by electronic delivery and to participate in the Plan through an online or electronic system established and maintained by the Company or another third party designated by the Company, including the acceptance of RSU Awards and the execution of the RSU agreements through electronic signature.

• The Company may, in its sole discretion, decide to deliver any documents related to the RSU Award and participation in the Plan or future RSU Awards by electronic means.

• Except as otherwise provided in the Award Agreement or other written agreement between a Participant and the Company, vesting of Restricted Stock Awards and RSU Awards will cease upon termination of the Participant’s Continuous Service.

• Each recipient of an RSU Award shall have no rights of a stockholder with respect to the Holder’s RSUs. A Holder shall have no voting rights with respect to any RSU Awards.

• Any Recipient may receive one or more Restricted Stock Awards or RSU Awards.

More Definitions of RSU Awards

RSU Awards means restricted stock unit awards under the Company’s equity compensation plan, or such other equity compensation plan or arrangement designated by the Committee. Deferrals of RSU Awards shall be credited to a Participant’s Deferral Account on or around the date such award would otherwise have been payable to the Participant and shall be fully vested upon crediting to this Plan. Deferrals of RSU Awards shall be distributable in cash.

RSU Awards means Awards granted in under the Target LTIP without performance conditions;

RSU Awards means RSUs granted to a Participant pursuant to the terms of the Plan; “RSU Grant Agreement” means a written letter agreement between the Corporation and aParticipant evidencing the grant of RSUs and the terms and conditions thereof, substantially in the form of Appendix “C”;

RSU Awards means a conditional right to receive Ultra Shares in accordance with the rules of the LTIP;

RSU Awards means an RSU award granted to a Participant under the 2022 RSU

RSU Awards means restricted stock units with respect to New Common Stock to be granted to employees of the Reorganized Debtor, which shall: (a) constitute (on an as-converted to common stock basis) ten percent (10%) of the Fully-Diluted New Common Stock as of immediately following the Effective Date; (b) be allocated in good faith by the New Board in consultation with the Reorganized Debtor’s chief executive officer; and (c) otherwise be consistent with the MIP Term Sheet.