Unvested RSU definition

Unvested RSU means any RSU that, as of immediately prior to the Effective Date, remains unvested pursuant to the terms of the applicable Equity Incentive Plan and RSU Award Agreement.

Unvested RSU means any RSU that has not become fully vested pursuant to Section 5 hereof and remains subject to the Restrictions.

Unvested RSU means any RSU (including any Performance Vested RSU) that has not become fully vested pursuant to Section 5 hereof and remains subject to the Restrictions. ​

Examples of Unvested RSU in a sentence

• If, within six months and one day prior to or after a Change of Control, the Executive’s employment with the Company is terminated by the Company for any reason, notwithstanding anything else appearing in this Agreement or otherwise, the Executive shall become 100% vested in any Unvested RSU Bonus Shares, such that all restrictions thereon shall lapse immediately upon such termination of employment.

• In the event that the Executive receives reduced payments and benefits hereunder, such payments and benefits shall be reduced in connection with the application of the Safe Harbor Amount in the following manner: first, the Executive’s Severance Payment shall be reduced, followed by, to the extent necessary and in order, (i) the Target Cash Bonus; (ii) any the continuation of medical benefits, (iii) the Unvested RSU Bonus Shares and (iv) the Accrued Obligations.

• Retained Distributions (including any Retained Distribution balance in the RSU Account) will immediately and automatically be forfeited upon forfeiture of the Unvested RSU with respect to which the Retained Distributions were paid or declared.

• The restricted shares of Parent Common Stock received in connection with the assumption and conversion of such Unvested RSU shall become vested proportionally on the same dates and subject to the same terms and conditions generally of each applicable Unvested RSU.

• Each Unvested RSU outstanding immediately prior to the Effective Time, when canceled and extinguished in exchange for the assumption of such Unvested RSU and conversion into restricted shares of Parent Common Stock in accordance with this Section 1.7(c), shall no longer be outstanding, shall automatically be canceled and shall cease to exist.

More Definitions of Unvested RSU

Unvested RSU means each restricted Share unit granted by the Company under the EPIP on or prior to the Closing Date that has not become vested on or prior to the Closing Date in accordance with the terms thereof; each such unit gives its holder the right to receive a number of Shares set forth therein upon vesting.

Unvested RSU has the meaning specified in Section 1.7(c).

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

Unvested RSU means an RSU in respect of which the relevant Vesting Conditions have not been satisfied and as such, the Grantee has not become entitled to receive the benefit of grant made under RSU 2021.

Unvested RSU has the meaning set forth in Section 2.4(f) of this Agreement.

Unvested RSU means an RSU of the Company which has been granted but not vested at the relevant time;

Unvested RSU has the meaning set forth in Section 2.3(b)(ii).