SpinCo RSU Award definition

SpinCo RSU Award means a restricted stock unit award issued by SpinCo in accordance with Section 6.01.
SpinCo RSU Award means an award of restricted stock units covering SpinCo Common Stock that vests solely based on the continued employment or service of the recipient issued pursuant to the SpinCo Equity Plans as part of an equitable adjustment to a Company RSU Award made in connection with the Distribution.
SpinCo RSU Award means an award of restricted stock units (including any performance restricted stock units) assumed and granted pursuant to the SpinCo Omnibus Plan in accordance with Section 4.02(b) or Section 4.02(c), as applicable.

Examples of SpinCo RSU Award in a sentence

  • The existence and duration of Employee’s rights and/or the COBRA coverage rights of any of Employee’s eligible dependents will be determined in accordance with Section 4980B of the Code.

  • In addition, at the Effective Time, Parent will issue to each holder of a SpinCo RSU Award a number of Earnout Shares equal to the product of (A) the number of shares of SpinCo Common Stock subject to the SpinCo RSU Award, multiplied by (B) the Earnout Exchange Ratio, which Earnout Shares will be subject to the restrictions set forth in the Merger Agreement.

  • The number of shares of SpinCo Common Stock subject to such SpinCo RSU Award shall be equal to the product obtained by multiplying (A) the number of shares of Company Common Stock subject to the Company RSU Award immediately prior to the Distribution Time by (B) the Distribution Ratio, and rounding such product down to the nearest whole share.

  • To improve the accuracy of the valuation estimate for retail and smaller commercial loans, homogeneous loans are grouped into portfolios with similar characteristics.The Bank’s loan portfolio has an estimated fair value approximately equal to its book value due either to their short- term nature or to underlying interest rates which approximate market rates.

  • If the Parent RSU Award is subject to performance vesting conditions, the performance goals applicable to the converted SpinCo RSU Award shall be appropriately adjusted by the SpinCo Board or a committee thereof; provided that if the performance goals were achieved prior to the Effective Time, the earned SpinCo RSU Award shall vest solely on the basis of time at the time(s) specified in the applicable award agreement.


More Definitions of SpinCo RSU Award

SpinCo RSU Award means an award of time-based restricted stock units assumed accordance with Section 4.02(c).
SpinCo RSU Award has the meaning given to such term in the Employee Matters Agreement.
SpinCo RSU Award shall have the meaning ascribed to such term in the EMA.
SpinCo RSU Award means a restricted stock unit award issued by SpinCo in accordance with Section 6.01. (kkk) “SpinCo SAR” means a stock appreciation rights award issued by SpinCo in accordance with Section 6.01. (lll) “SpinCo Shares” has the meaning set forth in the Separation and Distribution Agreement.
SpinCo RSU Award means an award of restricted stock units (including any performance restricted stock units) assumed and granted pursuant to the SpinCo Omnibus Plan in accordance with Section 4.02(b) or Section 4.02(c) , as applicable.
SpinCo RSU Award means an award of restricted stock units covering SpinCo Common Stock that vests solely based on the