Award of Restricted Stock Units Contract Clauses (278)
Grouped Into 10 Collections of Similar Clauses From Business Contracts
This page contains Award of Restricted Stock Units clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Award of Restricted Stock Units. Pursuant to the AYRO, Inc. Long-Term Incentive Plan (the "Plan") for Employees, Contractors, and Outside Directors of AYRO, Inc., a Delaware corporation (the "Company"), the Company grants to _________________________________ (the "Participant") an Award under the Plan for _______________(______) Restricted Stock Units (the "Awarded Units") which may be converted into the number of shares of Common Stock of the Company equal to the number of Restricted Stock Units, subject to the terms and condi...tions of the Plan and this Restricted Stock Unit Award Agreement (this "Agreement"). The "Date of Grant" of this Restricted Stock Unit Award is _____________, 20____. Each Awarded Unit shall be a notional share of Common Stock, with the value of each Awarded Unit being equal to the Fair Market Value of a share of Common Stock at any time.View More
Award of Restricted Stock Units. Pursuant to This agreement (the "Agreement") sets forth the AYRO, Inc. Long-Term Incentive Plan (the "Plan") for Employees, Contractors, terms and Outside Directors conditions of AYRO, an award by Thermo Fisher Scientific Inc., a Delaware corporation (the "Company"), on _____________, 20__ (the "Award Date") to _____________________ (the "Participant") of ______ restricted stock units of the Company grants (individually, an "RSU" and collectively, the "RSUs" or the "Award"). Each RSU represents ...the right to _________________________________ receive one share of common stock, $1.00 par value, of the Company ("Common Stock") pursuant to the terms, conditions and restrictions set forth in this Agreement and in the Company's [Name of Equity Incentive Plan] (the "Participant") an Award under the Plan for _______________(______) Restricted Stock Units (the "Awarded Units") which may be converted into the number of "Plan"). The shares of Common Stock that are issuable upon vesting of the Company equal RSUs are referred to in this Agreement as Shares and the number of Restricted Stock Units, subject RSUs shown above is referred to as the "Target Award." Capitalized terms used in this Agreement and conditions of not otherwise defined shall have the Plan and this Restricted Stock Unit Award Agreement (this "Agreement"). The "Date of Grant" of this Restricted Stock Unit Award is _____________, 20____. Each Awarded Unit shall be a notional share of Common Stock, with same meaning as in the value of each Awarded Unit being equal to the Fair Market Value of a share of Common Stock at any time. Plan. View More
Award of Restricted Stock Units. Pursuant to the AYRO, Inc. Long-Term Incentive Plan (the "Plan") for Employees, Contractors, and Outside Directors of AYRO, Inc., a Delaware corporation (the "Company"), the Company grants to _________________________________ (the "Participant") an Award under the Plan for _______________(______) Restricted Stock Units (the "Awarded Units") which may be converted into the number of shares of Common Stock of the Company equal to the number of Restricted Stock Units, subject Subject to the terms a...nd conditions of the Plan and this Restricted Agreement, the Committee hereby awards to the Participant a restricted stock unit award (the "Restricted Stock Unit Award Agreement (this "Agreement"). The "Date of Grant" of this Restricted Stock Unit Award is _____________, 20____. Each Awarded Unit shall be a notional share Award") on ____________, 20___ (the "Award Date") covering _______________ shares of Common Stock, with Stock (the "RSUs"). Each RSU represents the value right to receive payment of each Awarded Unit being equal to the Fair Market Value of a one (1) share of Common Stock at any time. as of the date the RSU is settled, to the extent the RSU is vested, subject to the terms of the Plan and this Agreement. View More
Award of Restricted Stock Units. Pursuant to the AYRO, Enveric Biosciences, Inc. 2020 Long-Term Incentive Plan (the "Plan") for Employees, Contractors, and Outside Directors of AYRO, Enveric Biosciences, Inc., a Delaware corporation (the "Company"), the Company grants to _________________________________ (the "Participant") an Award under the Plan for _______________(______) Restricted Stock Units (the "Awarded Units") which may be converted into the number of shares of Common Stock of the Company equal to the number of Restric...ted Stock Units, subject to the terms and conditions of the Plan and this Restricted Stock Unit Award Agreement (this "Agreement"). The "Date of Grant" of this Restricted Stock Unit Award is _____________, 20____. Each Awarded Unit shall be a notional share of Common Stock, with the value of each Awarded Unit being equal to the Fair Market Value of a share of Common Stock at any time. View More
Award of Restricted Stock Units. Subject to all terms and conditions of the Plan and this Agreement, the Company has awarded to the Employee on the date indicated on the Award Summary the number of Restricted Stock Units (individually, a "RSU") as shown on the Award Summary.TERMS OF THE RESTRICTED STOCK UNITS2. Entitlement to Shares. As soon as practicable on or after each applicable Vesting Date (as defined below) (or such earlier date provided in Section 8), the Company shall deliver to the Employee, in such manner as the Com...pany shall determine, a number of shares of Common Stock equal to the number of vested RSUs (subject to reduction for withholding of the Employee's taxes in relation to the award as described in Section 10) within 60 days following each applicable Vesting Date (or, if earlier, a distribution event set forth in Section 8 that satisfies the requirements of Section 409A(a)(2) of the Code); provided that any fractional shares shall be delivered in the form of cash equal to the value of such fractional shares on the applicable Vesting Date.3. Vesting. Except as otherwise determined by the Committee in its sole discretion (subject to Section 23 of the Plan) or as otherwise provided in this Section 3 or Section 8, the vesting of RSUs covered hereby shall be subject to the Employee's continued employment with the Company or a subsidiary or affiliate through the applicable Vesting Date. The Employee shall be eligible to vest in one-third of the shares of Common Stock covered by this Agreement as set forth in the Award Summary on each of December 31, 2021, December 31, 2022 and December 31, 2023 (each, a "Vesting Date").Upon the occurrence of an event constituting a Change in Control, notwithstanding anything to the contrary in Section 22(b) of the Plan, the RSUs outstanding on the date of such Change in Control, and any dividend equivalents with respect thereto, shall remain outstanding and thereafter the vesting of such RSUs, and any dividend equivalents with respect thereto, shall be subject to Employee's continued employment with the Company or a subsidiary or an affiliate through each applicable Vesting Date as provided in this Section 3, at which time such RSUs shall vest and shall be paid in cash in accordance with Section 22(f) of the Plan at the earliest time set forth in Section 22(c) of the Plan that will not trigger a tax or penalty under Section 409A of the Code, as determined by the Committee; provided that the RSUs, and any dividend equivalents with respect thereto, shall vest and shall be paid to the extent provided in Section 8 in the event of the Employee's termination of employment following such Change in Control and prior to a Vesting Date. Upon payment pursuant to the terms of the Plan, such awards shall be cancelled.View More
Award of Restricted Stock Units. Subject to all terms and conditions of the Plan and this Agreement, the Company has awarded to the Employee on the date indicated on the Award Summary the number of Restricted Stock Units (individually, a "RSU") as shown on the Award Summary.TERMS Summary. Notwithstanding anything herein to the contrary, only active employees and those employees on Short Term Disability Leave, Social Service Leave, Family Medical Leave or Paid Uniform Services Leave (pursuant to the Company's Human Resources Pol...icies or similar policies of the Company's subsidiaries or affiliates) on the effective date of the award as shown on the Award Summary shall be eligible to receive the award.TERMS OF THE RESTRICTED STOCK UNITS2. Entitlement to Shares. As soon as practicable on or after each applicable Vesting Date (as defined below) (or such earlier date provided in Section 8), 9), the Company shall deliver to the Employee, in such manner as the Company shall determine, a number of shares of Common Stock equal to the number of vested RSUs (subject to reduction for withholding of the Employee's taxes in relation to the award as described in Section 10) 11) within 60 days following each applicable Vesting Date (or, if earlier, a distribution event set forth in Section 8 9 that satisfies the requirements of Section 409A(a)(2) of the Code); provided that any Code).No fractional shares shall be delivered in the form of cash equal to the value issued as a result of such tax withholding. Instead, the Company shall apply the equivalent of any fractional share amount to amounts withheld for taxes. Notwithstanding the foregoing, the Company shall be entitled to delay delivery of such shares on of Common Stock (or cash payment in lieu thereof, as applicable) until it shall have received from the applicable Vesting Date.3. Employee a duly executed Form W-8 or W-9, as applicable, and any other information or completed forms the Company may reasonably require.3. Vesting. Except as otherwise determined by the Committee in its sole discretion (subject to Section 23 of the Plan) or as otherwise provided in this Section 3 or Section 8, 9, the vesting of RSUs covered hereby shall be subject to the Employee's continued employment with the Company or a subsidiary or affiliate through the applicable Vesting Date. The Employee shall be eligible to vest in one-third of the shares of Common Stock covered by this Agreement as set forth in the Award Summary on each of December 31, 2021, 2019, December 31, 2022 2020 and December 31, 2023 2021 (each, a "Vesting Date").Upon Date"). EXHIBIT 10.6(a)(ix) Upon the occurrence of an event constituting a Change in Control, notwithstanding anything to the contrary in Section 22(b) of the Plan, the RSUs outstanding on the date of such Change in Control, and any dividend equivalents with respect thereto, shall remain outstanding and thereafter the vesting of such RSUs, and any dividend equivalents with respect thereto, shall be subject to Employee's continued employment with the Company or a subsidiary or an affiliate through each applicable Vesting Date as provided in this Section 3, at which time such RSUs shall vest and shall be paid in cash in accordance with Section 22(f) of the Plan at the earliest time set forth in Section 22(c) of the Plan that will not trigger a tax or penalty under Section 409A of the Code, as determined by the Committee; provided that the RSUs, and any dividend equivalents with respect thereto, shall vest and shall be paid to the extent provided in Section 8 9 in the event of the Employee's termination of employment following such Change in Control and prior to a Vesting Date. Upon payment pursuant to the terms of the Plan, such awards shall be cancelled. View More
Award of Restricted Stock Units. Pursuant and subject to the Company's Amended and Restated 2013 Equity Incentive Plan (as the same may be amended from time to time, the "Plan"), the Company grants the Recipient an award (the "Award") for ______ restricted stock units ("Restricted Stock Units"), each representing the right to a share of the common stock, par value $0.01 per share (the "Common Stock"), of the Company (the "Stock") on and subject to the terms and conditions of this Agreement. This Award is granted as of January 3..., 2020 (the "Grant Date").View More
Award of Restricted Stock Units. Pursuant and subject to the Company's Amended and Restated 2013 Equity Incentive Plan (as the same may be amended from time to time, the "Plan"), the Company grants the Recipient an award (the "Award") for ______ restricted stock units ("Restricted Stock Units"), each representing the right to a share of the common stock, par value $0.01 per share (the "Common Stock"), of the Company (the "Stock") on and subject to the terms and conditions of this Agreement. This Award is granted as of January 3..., 2020 _________ __, 2022 (the "Grant Date"). View More
Award of Restricted Stock Units. Subject to the terms and conditions of this Agreement and the Plan, the Employee is granted restricted stock units relating to the number of shares of Common Stock as set forth on the Company's online electronic list as being granted to the Employee (hereinafter such units are referred to as the "Restricted Stock Units") as of the date shown on the Company's online electronic list as being the date of grant to the Employee (the "Grant Date").
Award of Restricted Stock Units. Subject to the terms and conditions of this Agreement and the Plan, the Employee Non-Employee Director is granted restricted stock units relating to the number of shares of Common Stock as set forth on the Company's online electronic list as being granted to the Employee (hereinafter such units are referred to as the "Restricted Stock Units") as of the date shown on the Company's online electronic list as being the date of grant to the Employee Non-Employee Director (the "Grant Date").
Award of Restricted Stock Units. Subject to all terms and conditions of the Plan and this Agreement, the Company has awarded to the Director on the date indicated on the Award Summary the number of Restricted Stock Units (individually, the "RSU") as shown on the Award Summary. TERMS OF THE RESTRICTED STOCK UNITS 2. Vesting. The RSU shall vest on the earlier of the vesting date indicated on the Award Summary, or the date of death (the "Vesting Date"). If, prior to the Vesting Date, a Director terminates Board service for any rea...son other than death, the Director forfeits the entire RSU. On the date of death, if prior to the Vesting Date, the entire RSU shall vest and shall not be prorated.View More
Award of Restricted Stock Units. Subject to all terms and conditions of the Plan and this Agreement, the Company has awarded to the Director on the date indicated on the Award Summary the number of Restricted Stock Units (individually, the "RSU") as shown on the Award Summary. TERMS OF THE RESTRICTED STOCK UNITS 2. Vesting. The RSU shall vest on the earlier of the vesting date indicated on the Award Summary, or the date of death (the "Vesting Date"). If, prior to the Vesting Date, a Director terminates Board service for any rea...son other than death, the Director forfeits the entire RSU. RSU shall vest pro-rata, determined on a monthly basis. On the date of death, if prior to the Vesting Date, the entire RSU shall vest and shall not be prorated. View More
Award of Restricted Stock Units. Subject to the terms and conditions of the Plan and this Agreement and in consideration of employment services rendered and to be rendered by the Participant to the Company and its subsidiaries, the Company hereby grants to the Participant restricted stock units (the "Restricted Stock Units"). Each Restricted Stock Unit entitles the Participant to one share of Company Common Stock upon vesting in accordance with the terms of this Agreement.
Award of Restricted Stock Units. Subject to the terms and conditions of the Plan and this Agreement and in consideration of employment services rendered and to be rendered by the Participant to the Company and its subsidiaries, Company, the Company hereby grants to the Participant restricted stock units (the "Restricted Stock Units"). Each Restricted Stock Unit entitles the Participant to one share such number of shares of Company Common Stock Stock, subject to continued employment, upon vesting in accordance with the terms of ...this Agreement. as is determined pursuant to Section 2 hereof. View More
Award of Restricted Stock Units. The Company hereby grants to you, as of the Grant Date, the number of Units identified on the cover page of this Agreement, subject to the restrictions and other terms and conditions set forth herein. Each Unit that vests represents the right to receive one share of the Company's common stock, par value $0.01 per share ("Share"). Prior to their settlement or forfeiture in accordance with the terms of this Agreement, the Units granted to you will be credited to an account in your name maintained ...by the Company. This account will be unfunded and maintained for book-keeping purposes only, with the Units simply representing an unfunded and unsecured contingent obligation of the Company.View More
Award of Restricted Stock Units. The [The Company hereby grants to you, as of the Grant Date, the number of Units identified on the cover page of this Agreement, subject to the restrictions and other terms and conditions set forth herein. ]-OR- [If performance-based: The Company hereby grants to you, as of the Grant Date, an award of Units in an amount initially equal to the Target Number of Units specified on the cover page of this Agreement. The number of Units that may actually be earned and vest pursuant to this Award can b...e between [___]% and [___]% of the Target Number of Units.] Each Unit that vests represents the right to receive one share of the Company's common stock, par value $0.01 per share ("Share"). Prior to their settlement or forfeiture in accordance with the terms of this Agreement, the Units granted to you will be credited to an account in your name maintained by the Company. This account will be unfunded and maintained for book-keeping purposes only, with the Units simply representing an unfunded and unsecured contingent obligation of the Company. View More
Award of Restricted Stock Units. Subject to the terms and conditions of this Agreement, on the date of this Agreement the company will award to Participant [●] Restricted Stock Units representing [●] ([●]) shares of Common Stock (the "Units"). The award of the Units shall be subject to the terms, definitions and provisions of the BSQUARE Corporation Fourth Amended and Restated Stock Plan (now and as amended in the future, the "Plan") adopted by the Company, which is incorporated in this Agreement by reference. Unless otherwise ...defined in this Agreement, the terms used in this Agreement shall have the meanings defined in the Plan.View More
Award of Restricted Stock Units. Subject to the terms and conditions of this Agreement, on the date of this Agreement the company will award to Participant [●] Restricted Stock Units representing [●] ([●]) # of units shares of Common Stock (the "Units"). The award of the Units shall be subject to the terms, definitions and provisions of the BSQUARE Corporation Fourth Amended and Restated Stock 2011 Inducement Award Plan (now now and as amended in the future, the "Plan") adopted by the Company, which is incorporated in this Agre...reement by reference. Unless otherwise defined in this Agreement, the terms used in this Agreement shall have the meanings defined in the Plan. View More
Award of Restricted Stock Units. Pursuant to the Texas Capital Bancshares, Inc. 2015 Long-Term Incentive Plan (the "Plan") of Texas Capital Bancshares, Inc., a Delaware corporation (the "Company") and its Subsidiaries, Julie Anderson(the "Participant") has been granted an Award under the Plan for 2,274 Restricted Stock Units (the "Awarded Units"), which may be converted into a cash payment equal to the Value (as determined under Section 4 below) of the number of vested Awarded Units (determined in accordance with Section 3 belo...w), subject to the terms and conditions of the Plan and this Restricted Stock Unit Award Agreement (this "Agreement"). The Date of Grant of this Award is May 17, 2016. Each Awarded Unit shall be a notional share of Common Stock, with the value of each Awarded Unit being equal to the Fair Market Value of a share of Common Stock at any time.View More
Award of Restricted Stock Units. Pursuant to the Texas Capital Bancshares, Inc. 2015 2010 Long-Term Incentive Plan (the "Plan") for key employees and contractors of Texas Capital Bancshares, Inc., a Delaware corporation (the "Company") and its Subsidiaries, Julie Anderson(the [ ] (the "Participant") has been granted an Award under the Plan for 2,274 [ ] Restricted Stock Units (the "Awarded Units"), Units") which may be converted into a cash payment the number of shares of Common Stock of the Company equal to the Value (as deter...mined under Section 4 below) of the number of vested Awarded Units (determined in accordance with Section 3 below), Restricted Stock Units, subject to the terms and conditions of the Plan and this Restricted Stock Unit Award Agreement (this "Agreement"). The Date of Grant of this Restricted Stock Unit Award is May 17, 2016. , 20 . Each Awarded Unit shall be a notional share of Common Stock, with the value of each Awarded Unit being equal to the Fair Market Value of a share of Common Stock at any time. View More
Award of Restricted Stock Units. Subject to all terms and conditions of the Plan and this Agreement, the Company has awarded to the Employee on the date indicated on the Award Summary the number of Restricted Stock Units (individually, the "RSU") as shown on the Award Summary. Notwithstanding anything herein to the contrary, only active Employees and those Employees on Short Term Disability Leave, Social Service Leave, Family Medical Leave or Paid Uniform Services Leave (pursuant to the Company's Human Resources Policies or sim...ilar policies of the Company's subsidiaries or affiliates) on the effective date of the award as shown on the Award Summary shall be eligible to receive the award.TERMS OF THE RESTRICTED STOCK UNITS2. Entitlement to Shares. Upon the vesting date indicated on the Award Summary, or the date of death if sooner, (the "Vesting Date") in connection with the RSUs, the Company shall, without transfer or issue tax to the person entitled to receive the shares, deliver to such person a certificate or certificates for a number of shares of Common Stock equal to the number of vested RSUs (subject to reduction for withholding of Employee's taxes in relation to the award as described in Paragraph 10 below). No fractional shares shall be issued as a result of such tax withholding. Instead, the Company shall apply the equivalent of any fractional share amount to amounts withheld for taxes. Upon the occurrence of an event constituting a Change in Control, all RSUs and dividend equivalents on such shares that are outstanding on such date shall be treated pursuant to the terms set forth in the Plan. Upon payment pursuant to the terms of the Plan, such awards shall be cancelled.View More
Award of Restricted Stock Units. Subject to all terms and conditions of the Plan and this Agreement, the Company has awarded to the Employee on the date indicated on the Award Summary the number of Restricted Stock Units (individually, the "RSU") as shown on the Award Summary. Notwithstanding anything herein to the contrary, only active Employees and those Employees on Short Term Disability Leave, Social Service Leave, Family Medical Leave or Paid Uniform Services Leave (pursuant to the Company's Human Resources Policies or sim...ilar policies of the Company's subsidiaries or affiliates) on the effective date of the award as shown on the Award Summary shall be eligible to receive the award.TERMS award.For the avoidance of doubt, the transaction or series of transactions initially approved in principle by the Company's board of directors in January 2016 to separate the Company's BPO business from the Company's Document Technology and Document Outsourcing business and create two independent, publicly-traded companies (the "Transaction") shall constitute a transaction subject to Section 6(b) of the Plan and shall not constitute a Change in Control. As a result, in the event the Transaction is consummated, the Committee shall authorize the issuance, continuation or assumption of the then-outstanding RSUs, or provide for other equitable adjustments to such RSUs, upon such terms and conditions as it may deem necessary to preserve the rights of the Employee under the Plan.TERMS OF THE RESTRICTED STOCK UNITS2. Entitlement to Shares. Upon the vesting date indicated on the Award Summary, or the date of death if sooner, (the "Vesting Date") in connection with the RSUs, the Company shall, without transfer or issue tax to the person entitled to receive the shares, deliver to such person a certificate or certificates for a number of shares of Common Stock equal to the number of vested RSUs (subject to reduction for withholding of Employee's taxes in relation to the award as described in Paragraph 10 below). No fractional shares shall be issued as a result of such tax withholding. Instead, the Company shall apply the equivalent of any fractional share amount to amounts withheld for taxes. Upon the occurrence of an event constituting a Change in Control, all RSUs and dividend equivalents on such shares that are outstanding on such date shall be treated pursuant to the terms set forth in the Plan. Upon payment pursuant to the terms of the Plan, such awards shall be cancelled. View More
