Unvested Company RSU definition

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

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

Unvested Company RSU means each Company RSU that is neither an Additional Vesting Company RSU or a Vested Company RSU.

Examples of Unvested Company RSU in a sentence

• Notwithstanding anything to the contrary herein, Parent will not assume any Unvested Company Option or any Unvested Company RSU.

• All Cash Replacement Company RSU Amounts will have the same terms and conditions (including with respect to vesting) as applied to the Unvested Company RSU for which they were exchanged, except for terms rendered inoperative by reason of the Transactions or for such other administrative or ministerial changes as in the reasonable and good faith determination of Parent are appropriate to conform the administration of the Cash Replacement Company RSU Amounts.

• Following the Effective Time, no such Unvested Company RSU that was outstanding immediately prior to the Effective Time shall remain outstanding, and each former holder of an Unvested Company RSU shall cease to have any rights with respect thereto, except for the right (if any) to receive a Converted Cash Award in exchange for such Unvested Company RSU in accordance with this Section 2.8(a)(ii).

• Following the Effective Time, each Converted RSU shall continue to be governed by the same material terms and conditions, including the vesting schedule, as were applicable immediately prior to the Effective Time to the Unvested Company RSU from which it was converted or for which it is a substitute, in all cases subject to restrictions related to the issuance of shares under applicable Law.

• At the Effective Time, each Unvested Company RSU will be cancelled in exchange for the right to receive an employee incentive award by Parent to replace such Unvested Company RSU, pursuant to terms and conditions to be determined by Parent, which shall be substantially the same as the terms and conditions (including as to vesting) under the applicable Company Share Plans and the award agreement(s).

More Definitions of Unvested Company RSU

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

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

Unvested Company RSU means each Company RSU other than a Vested Company RSU.

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 as of immediately prior to the Effective Time and that is not a Vested Company RSU or an Additional Vesting Company RSU (which Unvested Company RSUs shall include, for the avoidance of doubt, any Company RSUs which may vest upon the occurrence of an RSU Holder’s qualifying termination of employment on or following the Effective Time).

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

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)).