Award of Restricted Stock Units Clause Example from Business Contracts

Award of Restricted Stock Units. This agreement (the "Agreement") sets forth the terms and conditions of 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 (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 "Plan"). The shares of Common Stock that are issuable upon vesting of the RSUs are referred to in this Agreement as Shares and the number of RSUs shown above is referred to as the "Target Award." Capitalized terms used in this Agreement and not otherwise defined shall have the same meaning as in the Plan. View More