Unvested Equity Awards definition

Unvested Equity Awards means the Restricted Stock Units subject to this Award and all other restricted stock unit awards, stock options and other stock-based awards subject to vesting that are outstanding and held by the Grantee immediately prior to the effective time of the Change in Control.
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Unvested Equity Awards means the Restricted Stock Units subject to this Award and all other restricted stock unit awards, stock options and other stock-based awards subject to vesting held by the Grantee immediately prior to the effective time of the Change in Control or Date of Termination, as applicable. Notwithstanding anything to the contrary set forth in Paragraph 3 of the Agreement, if the Grantee’s employment is terminated either by the Company without Cause (as defined in the Executive Agreement) or by the Grantee for Good Reason (as defined in the Executive Agreement), and the Date of Termination (as defined in the Executive Agreement) is within either 3 months before or 12 months after the occurrence of the first event constituting a Change in Control (such period, the “Change in Control Period”), and subject to the signing of the Separation Agreement and Release (as defined in the Executive Agreement) by the Grantee and the Separation Agreement and Release becoming fully effective, all within the time frame set forth in the Separation Agreement and Release but in no event more than 60 days after the Date of Termination, all Unvested Equity Awards shall immediately accelerate and, if applicable, become fully exercisable or nonforfeitable as of the later of (i) the Date of Termination or (ii) the effective date of the Separation Agreement and Release (the “Accelerated Vesting Date”); provided that the vesting of such Unvested Equity Awards shall cease and be suspended from the Date of Termination until the Accelerated Vesting Date at which point the Unvested Equity Awards shall vest in full; and provided further, in the case of the Restricted Stock Units subject to this Award, full vesting in such situation means (x) if the Date of Termination occurs prior to the last day of the Performance Period, the number of Restricted Stock Units equal to the Target Award, (y) if the Date of Termination occurs as of or after the last day of the Performance Period but prior to the Certification Date, the Target Award multiplied by the applicable Payout Curve based on actual achievement for such Performance Metric multiplied by the applicable Weight (determined as set forth above in this Schedule 1), and (z) if the Date of Termination occurs after the Certification Date, the unvested (as to continued services) Earned Restricted Stock Units; provided, further, that in the case of any other performance-based stock award held by the Grantee, unless otherwise provided in the applicable a...
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Unvested Equity Awards means, collectively, the Unvested Options, the Unvested RSUs and the Unvested SARs. “Unvested Option” means, collectively, those Company Options that are unvested as of immediately prior to Closing. “Unvested RSUs” means, collectively, those RSUs that are unvested as of immediately prior to Closing.
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Examples of Unvested Equity Awards in a sentence

  • If the shareholders of the Company approve a complete plan of liquidation or dissolution of the Company (“Approved Liquidation Plan”), all Unvested Equity Awards will fully vest on the date of such approval.

  • If a Change in Control occurs during such six month period the Unvested Equity Awards will vest in accordance with Section 4(d)(v).

  • If a Change in Control does not occur during such six month period, the Unvested Equity Awards will be forfeited immediately following such six month period.

  • Notwithstanding the foregoing, no additional vesting of the Unvested Equity Awards shall occur during the period between the Executive’s Date of Termination and the Accelerated Vesting Date.

  • As of the date of this Agreement, there are (A) outstanding Vested Equity Awards with respect to options to purchase 1,430,790 Class A Shares, (B) outstanding Unvested Equity Awards with respect to options to purchase 3,382,192 Class A Shares, and (C) outstanding Unvested Equity Awards with respect to 3,339,000 Restricted Shares.

  • If an effective revocation is delivered in the foregoing manner and timeframe, Employee will forfeit the right to receive the Deferred Cash Bonus and will immediately forfeit the Unvested Equity Awards described in Section 2, the release of claims set forth in Section 4 shall be of no force or effect, and the remainder of this Agreement shall be in full force and effect.

  • The amount of any Unvested Equity Awards that are subject to the achievement of performance goals that shall be eligible to vest pursuant to this Section 5 shall be determined based on achievement of the performance goals as of the date of the Change of Control, following adjustment of such goals in good faith by the Committee to reflect the shortened performance period.

  • Upon cancellation, the Executive shall have no further rights with respect to the Unvested Equity Awards or Options.

  • Executive officers may pledge up to 50% of owned and vested shares with the approval of the Board.× No Dividends or Dividend Equivalents Payable on Unvested Equity Awards.

  • If an effective revocation is delivered in the foregoing manner and timeframe, Employee will forfeit the right to receive the Deferred Cash Bonus and will immediately forfeit the Unvested Equity Awards described in Section 2, the release ofclaims set forth in Section 4 shall be of no force or effect, and the remainder of this Agreement shall be in full force and effect.


More Definitions of Unvested Equity Awards

Unvested Equity Awards means any stock options, restricted shares, restricted stock units or other equity awards with respect to Shares held by a Participant as of such Participant’s Termination Date that are unvested as of such Termination Date (not taking into account any vesting occurring pursuant to Section 4(b)).
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Related to Unvested Equity Awards

  • Equity Awards will mean Executive’s outstanding stock options, stock appreciation rights, restricted stock units, performance shares, performance stock units and any other Company equity compensation awards.

  • Company Equity Awards means the Company RSU Awards and the Company PSU Awards.

  • Equity Award means all incentive stock options, non-statutory stock options, shares of restricted stock, restricted stock units or other incentive equity awards in respect of shares of the Company’s equity securities that have been or will be granted to you by the Company.

  • Company Equity Award means a Company Stock Option or a Company Restricted Share granted under one of the Company Stock Plans, as the case may be.

  • Parent Equity Awards means Parent Options, Parent DSU Awards and Parent PSU Awards.

  • Unvested Company Option means any Company Option that is not a Vested Company Option.

  • Vested Company Option means each Company Option outstanding as of immediately prior to the Effective Time that is vested as of immediately prior to the Effective Time or will vest solely as a result of the consummation of the Merger.

  • Company Restricted Stock Award means each award with respect to a share of restricted Company Common Stock outstanding under any Company Stock Plan that is, at the time of determination, subject to forfeiture or repurchase by the Company.

  • Restricted Stock Units means an Award of stock units subject to such restrictions and conditions as the Administrator may determine at the time of grant.

  • Stock Awards means all stock options, restricted stock and such other awards granted pursuant to the Company’s stock option and equity incentive award plans or agreements and any shares of stock issued upon exercise thereof.

  • RSUs means restricted stock units.

  • Restricted Stock Plan means either the RPM International Inc. 1997 Restricted Stock Plan or the RPM International Inc. 2007 Restricted Stock Plan and any successor plan or arrangement to either of such plans, but shall not be deemed to mean or include the Omnibus Plan.

  • Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.

  • Unvested Option means an Option in respect of which the relevant Vesting Conditions have not been satisfied and as such, the Option Grantee has not become eligible to exercise the Option.

  • Restricted Stock Grant means Shares awarded under the Plan as provided in Section 9.

  • Company Restricted Stock Unit means a restricted stock unit issued pursuant to any of the Company Equity Plans that remains outstanding as of immediately prior to the Effective Time (other than Company Performance Restricted Stock Units).

  • Restricted Stock Award means an award of shares of Common Stock which is granted pursuant to the terms and conditions of Section 6(a).

  • Restricted Stock means Shares issued pursuant to a Restricted Stock award under Section 7 of the Plan, or issued pursuant to the early exercise of an Option.

  • Unvested LTIP Units has the meaning provided in Section 4.4(d) hereof.

  • Bonus Stock Award means an award of Bonus Stock under this Plan.

  • Performance Stock Award means a Stock Award granted under the terms and conditions of Section 6(c)(i).

  • Restricted Shares shall have the respective meanings set forth in Section 2.14.

  • Company Stock Options shall have the meaning given to such term in Section 3.3(a) hereof.

  • Deferred Stock Award means Awards granted pursuant to Section 8.

  • Performance Shares means Shares or an Award denominated in Shares which may be earned in whole or in part upon attainment of performance criteria established by the Administrator.

  • Unrestricted Stock Award means an Award of shares of Stock free of any restrictions.