Grant of Restricted Stock Units Clause Example from Business Contracts

This example Grant of Restricted Stock Units clause appears in 5 contracts from 1 company

Grant of Restricted Stock Units. Subject to the terms and conditions set forth herein and in the Plan, the Company hereby grants to the Participant the number of Restricted Stock Units provided in the Grant Notice (with each Restricted Stock Unit representing an unfunded, unsecured right to receive one share of Common Stock) (Restricted Stock Units are referred to herein as "Awards"). The Company may make one or more additional grants of Restricted Stock Units to the Participant under this Award Agreement by providing the Parti...cipant with a new Grant Notice, which may also include any terms and conditions differing from this Award Agreement to the extent provided therein. The Company reserves all rights with respect to the granting of additional Restricted Stock Units hereunder and makes no implied promise to grant additional Restricted Stock Units. View More