Examples of Unvested Stock in a sentence
Unvested Stock Units shall also be cancelled in connection with an event that results in the Employee’s employer ceasing to be a Subsidiary of the Company.
No member of the Committee shall be personally liable for any action, determination or interpretation made in good faith with respect to the Plan or Unvested Stock and all members of the Committee shall be fully protected by the Company in respect to any such action, determination or interpretation.
The Committee shall have the power to interpret the Plan, this Agreement and all other documents relating to Unvested Stock and to adopt such rules for the administration, interpretation and application of the Plan as are consistent therewith and to interpret, amend or revoke any such rules.
Until settled in accordance with the provisions of this Section 3.5(c), each Option or share of Unvested Stock shall be deemed at any time after the Effective Time to represent for all purposes only the right to receive the Option Consideration or the Unvested Stock Consideration, as applicable.
To the extent that amounts are so withheld by Parent or Sub, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the shares of Company Common Stock, Options or Unvested Stock in respect of which such deduction and withholding was made by Parent or Sub.