Examples of Unvested Equity Award in a sentence
Any RCA issued by the Surviving Company in respect of any Unvested Equity Award shall be subject to the same vesting conditions and schedules applicable to such Unvested Equity Award without giving effect to the Transactions, and on the date, and to the extent, that any Unvested Equity Award would have become vested without giving effect to the Transactions, such corresponding portion of the RCA shall be delivered to the holder of such RCA as soon as practicable thereafter.
Subject to the receipt by Parent of such Unvested Equity Award Documents and the terms and conditions of the Continuing Employee Unvested Cash Plan and such holder’s Continuing Employee Unvested Cash Plan Agreement, such holder of Unvested Equity Awards shall be entitled to receive from Parent out of the Continuing Employee Pool the payments that such holder is eligible to receive pursuant to Section 2.7(c)(ii)(B) (without interest and less any applicable Tax withholding).
Each holder of Unvested Equity Awards who is a Continuing Employee shall be responsible for delivering to Parent his or her executed Unvested Equity Award Documents, together with the certificate(s) or agreement(s) representing his or her cancelled Unvested Equity Awards after the Closing.
No payments shall be made to the holder of any Unvested Equity Awards who is a Continuing Employee in connection with the Continuing Employee Unvested Cash Plan unless and until such holder shall have delivered to Parent the Unvested Equity Award Documents and any other documents that Parent may reasonably require pursuant thereto.
The Agreement constitutes the full understanding of the parties, a complete allocation of risks between them and complete and exclusive statements of the terms and conditions of their agreement.