RSU Awards definition

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

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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.

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

Examples of RSU Awards in a sentence

• 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.

• 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.

• 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.

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

• 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 shall have the ability to modify the RSU Award provisions, to the extent necessary, or delegate such authority, to accommodate any changes in law or regulations in jurisdictions in which Participants will receive RSU Awards.

• The Refresh RSU Award will vest in accordance with the following schedule: one-forty eighth (1/48th) of the total number of Refresh RSU Awards (rounded down, except for the final scheduled vesting installment) will satisfy time-based vesting each month following the vesting commencement date over a period of four years.

• As of the close of business on May 25, 2023, the Company has reserved 37,813,487 shares of Company Common Stock for issuance pursuant to the Company Stock Plans (which includes the number of shares subject to outstanding Company Options and Company RSU Awards as of that time).

• As of the date hereof, there are no awards outstanding under the Company Stock Plans other than Company Options and Company RSU Awards.

• Grantee understands that under the Plan, grants of Performance RSU Awards are made at the complete discretion of EDS pursuant to the Plan.

More Definitions of RSU Awards

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

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 RSUs granted to a Participant pursuant to the terms of the Plan; “RSU Grant Agreement” means a written letter agreement between the Corporation and a

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

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

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