Seller RSU Award definition

Seller RSU Award means an award of Seller RSUs.
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Seller RSU Award means any award of restricted share units with respect to Seller Common Stock held by a Transferred Employee which was granted pursuant to a Seller Stock Plan. Such Seller RSU Awards held as of the Original Signing Date are set forth on Section 1.1(b) of the Disclosure Schedule (which such schedule shall include the number of unvested restricted stock units with respect to Seller Common Stock and shall be updated by Seller no later than two Business Days prior to Closing).
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Seller RSU Award shall have the meaning specified in Section 6.6(b).
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Examples of Seller RSU Award in a sentence

  • As promptly as practicable following the date the date of this Agreement, Seller will deliver a list for each of the Seller RSU Awards referred to in this Section 9.02, the recipient, the number of Seller shares covered by the applicable Seller RSU Award and the portion that is unvested as of the date of this Agreement.

  • Each offer of employment made by Purchaser in accordance with Section 5.7(a) to any Person who holds a Substitute RSU Award granted in replacement of a Seller RSU Award shall include an acknowledgement andagreement by such Person that the foregoing replacement of such Seller RSU Award by Purchaser satisfies in whole any obligation of Seller in respect of the related Seller RSU Award.

  • Section 9.07 of the Disclosure Letter sets forth a true and complete list as of the date of this Agreement, of all outstanding Seller RSUs Awards held by each Employee of the Business on a holder-by-holder basis, including the number of shares of Disney Common Stock subject to each such Seller RSU Award and the applicable vesting and payment schedule.


More Definitions of Seller RSU Award

Seller RSU Award means a grant of restricted stock units by Seller pursuant to the Seller Equity Plan. “Seller Shareholders Meeting” has the meaning set forth in Section 4.13(b). “Seller Taxes” means any Taxes (i) for which the Company or any of its Subsidiaries is liable pursuant to Treasury Regulations Section 1.1502-6 (or any similar provision of state, local or non-U.S. income Tax Law) as a result of the Company or such Subsidiary having been, prior to the Closing, a member of an affiliated, consolidated, combined, unitary or similar Tax group, or (ii) imposed on the Company or any of its Subsidiaries as a transferee or successor, which Taxes relate to an event or transaction occurring prior to the Closing. “Settlement Agreement” has the meaning set forth in Section 4.19. “Shared Contract” means any contract pursuant to which a third party provides material services or benefits to Seller or one or more of its Affiliates (including the Company and its Subsidiaries) in respect of both the business of the Company and its Subsidiaries and any other business of Seller and its Affiliates (other than the Company and its Subsidiaries). “Shares” has the meaning set forth in the Recitals. “Solvent” has the meaning set forth in Section 2.29 and Section 3.8, as applicable.
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Related to Seller RSU Award

  • Company RSU Award means any award of restricted stock units or performance stock units outstanding under the Company Stock Plans.

  • RSU Award or “RSU” means an Award of restricted stock units representing the right to receive an issuance of shares of Common Stock which is granted pursuant to the terms and conditions of Section 5(a).

  • RSU means a contractual right granted pursuant to Section 9 that is denominated in Shares. Each RSU represents a right to receive the value of one Share (or a percentage of such value) in cash, Shares or a combination thereof. Awards of RSUs may include the right to receive dividend equivalents.

  • Restricted Share Unit Award means a right to receive Ordinary Shares which is granted pursuant to the terms and conditions of Section 6(b).

  • Restricted Share Unit means the right granted to a Participant pursuant to Article 7 to receive a Share at a future date.

  • Restricted Share Award means an award of Restricted Shares.

  • Deferred Share Unit or “DSU” means a unit equivalent in value to a Share, credited by means of a bookkeeping entry in the books of the Corporation in accordance with Article 7;

  • Company Option means an option to purchase shares of Company Common Stock.

  • Restricted Share Units means an Award which may be earned in whole or in part upon the passage of time or the attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.

  • Restricted Share means a Share awarded to a Participant pursuant to Article 6 that is subject to certain restrictions and may be subject to risk of forfeiture.

  • Restricted Stock Unit Award means a right to receive shares of Common Stock which is granted pursuant to the terms and conditions of Section 6(b).