Unvested Company RSU definition

Unvested Company RSU means any Company RSU that is not a Vested Company RSU.

Unvested Company RSU means a Company RSU (or portion thereof) that is unvested as of immediately prior to the Effective Time.

Unvested Company RSU has the meaning set forth in Section 3.1(b)(ii).

Examples of Unvested Company RSU in a sentence

• Except as otherwise provided in this Section 2.06(b)(ii), each Converted RSU assumed and converted pursuant to this Section 2.06(b)(ii) shall continue to have, and shall be subject to, the same terms and conditions as applied to the corresponding Unvested Company RSU immediately prior to the Effective Time.

• Each Unvested Company RSU shall be assumed by Parent and converted into a restricted stock unit award (a “Converted RSU”) with respect to a number of shares of Parent Common Stock equal to the product, rounded up to the nearest whole share, obtained by multiplying (A) the number of shares of Company Common Stock subject to the Unvested Company RSU immediately prior to the Effective Time by (B) the Exchange Ratio.

• Subject to the holder’s continued service with Parent and its Affiliates (including the Surviving Corporation and its Subsidiaries) through the applicable vesting dates of such Unvested Company RSUs, such right to receive the Cash Replacement Unvested Company RSU Amount will vest and Parent will cause the Surviving Corporation to pay such amounts to such holder at the same time as the Unvested Company RSU would have vested and been payable pursuant to its terms.

• Such Post-Closing Cash Award shall vest and become payable pursuant to the same vesting schedule applicable to the Unvested Company RSU Award from which it was converted (subject to earlier vesting and payment pursuant to any accelerated vesting terms applicable to the original Unvested Company RSU Award), subject to the holder’s continued employment with Parent and its Subsidiaries (including the Surviving Corporation) through the applicable vesting date.

More Definitions of Unvested Company RSU

Unvested Company RSU means any Company RSU (or portion thereof) that is unvested as of immediately prior to the Effective Time.

Unvested Company RSU has the meaning set forth in Section 5.12(b).

Unvested Company RSU means the outstanding unvested restricted stock unit awards issued under the Company Stock Plans.

Unvested Company RSU means each Company RSU that is outstanding and unvested as of immediately prior to the Effective Time (after taking into account any vesting that occurs in connection with the Closing).

Unvested Company RSU. Section 2.4(b)(i)

Unvested Company RSU shall include those restricted stock unit awards granted to officers of the Company on August 15, 2014 that have a performance condition relating to the Company’s fiscal year, which goal will be certified as achieved by the Compensation Committee of the Company Board prior to the Closing Date.

Unvested Company RSU has the meaning set forth in Section 1.2(d). “Unvested Option” has the meaning set forth in Section 1.2(b). “Unvested Replacement RSU Award” has the meaning set forth in Section 1.2(d). “Unvested RSU Award” has the meaning set forth in Section 1.2(b). “Upwards Adjustment Amount” has the meaning set forth in Section 1.7(d)(ii). “Valid Certificate” has the meaning set forth in Section 1.8(c)(i). “Vested Option” has the meaning set forth in Section 1.2(a). “WARN” has the meaning set forth in Section 3.16(m). “Warrant Cancellation Agreement” has the meaning set forth in Section 1.3(a). “Withholding Agent” has the meaning set forth in Section 1.8(a). “Withholding Drop Date” has the meaning set forth in Section 1.8(c)(i). “Working Capital Shortfall Amount” means the positive amount, if any, by which the Working Capital Target Amount exceeds the Closing Working Capital Amount; provided that if the Working Capital Shortfall Amount but for this proviso would be greater than $0 but less than or equal to $200,000, the Working Capital Shortfall Amount shall be deemed to be $0. “Working Capital Surplus Amount” means the positive amount, if any, by which the Closing Working Capital Amount exceeds the Working Capital Target Amount; provided that if the Working Capital Surplus Amount but for this proviso would be greater than $0 but less than or equal to $200,000, the Working Capital Surplus Amount shall be deemed to be $0. “Working Capital Target Amount” means negative six million eight hundred thousand (($6,800,000)).