Grant of Restricted Stock Units Clause Example with 5 Variations from Business Contracts

Grant of Restricted Stock Units. The Corporation hereby awards has awarded to the Participant, as of the Award Date, an award (the "Award") of restricted stock units Restricted Stock Units under the Plan. Each restricted stock unit Restricted Stock Unit represents the right to receive one share of Common Stock on the vesting date such Restricted Stock Unit vests in accordance with the express provisions of that unit. this Agreement. The number of shares of Common Stock subject to the awarded restricted stock units, Restricted S...tock Units, the applicable vesting schedule for the restricted stock units and the underlying shares of Common Stock, Restricted Stock Units, the dates on which those vested shares Restricted Stock Units shall be issued become payable to the Participant and the remaining terms and conditions governing the Award award (the "Award") shall be as set forth in this Agreement. AWARD SUMMARY Participant Award Date: , 201 March 7, 2016 Number of SharesSubject Restricted Stock Units Subject to Award: shares of Common Restricted Stock (the "Shares") Units Vesting Schedule: The Shares Restricted Stock Units shall vest in full a series of four (4) successive equal installments starting with 25% on February 15, 2017 and continuing with 25% on each of the first three (3) anniversaries thereafter. Such vesting schedule is hereby designated the "Normal Vesting Schedule" for the Restricted Stock Units. Should any scheduled vesting date under the Normal Vesting Schedule otherwise occur on a date on which the Common Stock is not traded on the earlier of (a) Stock Exchange serving as the first anniversary of Participant's completion of continuous Board service measured from primary market for the Award Date or (b) Common Stock, then that vesting date shall instead be deemed to occur on the first annual general meeting of last day prior to such scheduled vesting date on which the Corporation's stockholders held after the Award Date. Common Stock is so traded. The Shares may vest in whole or in part on an Restricted Stock Units shall also be subject to accelerated basis vesting in accordance with the provisions of Paragraphs 3 3(b) and 5 of this Agreement. In no event shall any Shares vest after the date of Participant's termination of Board service. Issuance Schedule Subject to the provisions of Paragraph 7(a), each Share Schedule: Each Restricted Stock Unit in which the Participant vests in accordance with the foregoing Normal Vesting Schedule or pursuant shall be settled in shares of Common Stock, subject to the vesting acceleration provisions Corporation's collection of Paragraph 3 or 5 of this Agreement shall be issued all applicable Withholding Taxes, on the applicable vesting date specified for that Share vests Restricted Stock Unit or as soon thereafter as administratively practicable, but in no event later than the later of (i) the close of the calendar year in which that Share vests such vesting date occurs or (ii) (if later) the fifteenth day of the third calendar month following such vesting date (the "Issuance Date"). The Restricted Stock Units that vest pursuant to Paragraph 5 of this Agreement shall be settled in accordance with the provisions of such Paragraph. The applicable Withholding Taxes are to be collected pursuant to the procedures set forth in Paragraph 7 of this Agreement. View More

Grant of Restricted Stock Units. The Corporation hereby awards to the Participant, as of the Award Date, an award (the "Award") of restricted stock units Restricted Stock Units under the Plan. Each restricted stock unit Restricted Stock Unit represents the right to receive one share of Common Stock on the vesting date that unit vests in accordance with the express provisions of that unit. this Agreement. The number of shares of Common Stock subject to the awarded restricted stock units, Restricted Stock Units, the applicable ve...sting schedule for the restricted stock units and the underlying shares of Common Stock, those shares, the dates on which those vested shares shall be issued become issuable to Participant and the remaining terms and conditions governing the Award award (the "Award") shall be as set forth in this Agreement. AWARD SUMMARY Participant Award Date: , 201 Number of SharesSubject Shares Subject to Award: <# of Shares Awarded> shares of Common Stock (the "Shares") Vesting Schedule: The Shares shall vest in full a series of ( ) successive installments as follows: . Such vesting schedule is hereby designated the "Normal Vesting Schedule" for the Shares. Should any scheduled vesting date under the Normal Vesting Schedule otherwise occur on a date on which the Common Stock is not traded on the earlier of (a) Stock Exchange serving as the first anniversary of Participant's completion of continuous Board service measured from primary market for the Award Date or (b) Common Stock, then that vesting date shall instead be deemed to occur on the first annual general meeting of last day prior to such scheduled vesting date on which the Corporation's stockholders held after the Award Date. Common Stock is so traded. The Shares may vest in whole or in part on an shall also be subject to accelerated basis vesting in accordance with the provisions of Paragraphs 3 3(b) and 5 of this Agreement. In no event shall any Shares vest after the date of Participant's termination of Board service. Issuance Schedule Subject to the provisions of Paragraph 7(a), each Each Share in which the Participant vests in accordance with the foregoing Normal Vesting Schedule or pursuant shall be issued, subject to the vesting acceleration provisions Corporation's collection of Paragraph 3 or 5 of this Agreement shall be issued all applicable Withholding Taxes, on the applicable vesting date specified for that Share vests or as soon thereafter as administratively practicable, but in no event later than the later of (i) the close of the calendar year in which that Share vests such vesting date occurs or (ii) (if later) the fifteenth day of the third calendar month following such vesting date (the "Issuance Date"). The applicable Withholding Taxes are to be collected pursuant to the procedures set forth in Paragraph 7 of this Agreement. View More

Grant of Restricted Stock Units. The Corporation hereby awards to the Participant, as of the Award Date, an award (the "Award") of restricted stock units Restricted Stock Units under the Plan. Each restricted stock unit Restricted Stock Unit represents the right to receive one share of Common Stock on the vesting date that unit vests in accordance with the express provisions of that unit. this Agreement. The number of shares of Common Stock subject to the awarded restricted stock units, Restricted Stock Units, the applicable ve...sting schedule for the restricted stock units and the underlying shares of Common Stock, those shares, the dates on which those vested shares shall be issued become issuable to Participant and the remaining terms and conditions governing the Award award (the "Award") shall be as set forth in this Agreement. AWARD SUMMARY Participant Award Date: , 201 Number of SharesSubject Shares Subject to Award: <# of Shares Awarded> shares of Common Stock (the "Shares") Vesting Commencement Date: , 20 Vesting Schedule: The Shares shall vest in full a series of ( ) successive installments as follows: upon the Participant's continuation in Service through each such annual vesting date. Such vesting schedule is hereby designated the "Normal Vesting Schedule" for the Shares. Should any scheduled vesting date under the Normal Vesting Schedule otherwise occur on a date on which the Common Stock is not traded on the earlier of (a) Stock Exchange serving as the first anniversary of Participant's completion of continuous Board service measured from primary market for the Award Date or (b) Common Stock, then that vesting date shall instead be deemed to occur on the first annual general meeting of last day prior to such scheduled vesting date on which the Corporation's stockholders held after the Award Date. Common Stock is so traded. The Shares may vest shall also be subject to accelerated vesting, in whole or in part on an accelerated basis part, in accordance with the provisions of Paragraphs 3 and Paragraph 5 of this Agreement. In no event shall any Shares vest after the date of Participant's termination of Board service. Issuance Schedule Subject to the provisions of Paragraph 7(a), each Each Share in which the Participant vests in accordance with the foregoing Vesting Schedule or pursuant to the vesting acceleration provisions of Paragraph 3 or 5 terms of this Agreement shall be issued issued, subject to the Corporation's collection of all applicable Withholding Taxes, on the applicable vesting date for that Share vests or as soon thereafter as administratively practicable, but in no event later than the later of (i) the close of the calendar year in which that Share vests such vesting date occurs or (ii) (if later) the fifteenth day of the third calendar month following such vesting date (the "Issuance Date"). The Shares which vest pursuant to Paragraph 5 of this Agreement shall be issued in accordance with the provisions of such Paragraph. The applicable Withholding Taxes are to be collected pursuant to the procedures set forth in Paragraph 7 of this Agreement. View More

Grant of Restricted Stock Units. The Corporation Company hereby awards to Participant, as of the Award Date, an award (the "Award") of restricted stock units under the Plan. Each restricted stock unit represents the right to receive one share of Common Stock on the vesting date of that unit. The number of shares of Common Stock subject to the awarded restricted stock units, the applicable vesting schedule for the restricted stock units and the underlying shares of Common Stock, the dates on which those vested shares shall be is...sued to Participant and the remaining terms and conditions governing the Award shall be as set forth in this Agreement. AWARD SUMMARY Participant Award Date: , 201 Number SUMMARYParticipant:«NAME»Award Date:Number of SharesSubject Shares Subject to Award: Award:«RSUs» shares of Common Stock (the "Shares") Vesting Schedule: The "Shares")Vesting Schedule:The Shares shall vest in full on upon the earlier of (a) the first anniversary of (i) Participant's completion of continuous one (1) year of Board service measured from the Award Date or (b) (ii) immediately prior to the first regular annual general meeting of stockholders of the Corporation's stockholders held after Company that occurs in the year following the year of the Award Date. The Shares may vest in whole or in part on an accelerated basis in accordance with the provisions of Paragraphs 3 and 5 of this Agreement. In no event shall any Shares vest after the date of Participant's termination of Board service. Issuance Schedule Subject service.Issuance Schedule:Subject to the provisions of Paragraph 7(a), each Share in which the Participant vests in accordance with the foregoing Vesting Schedule or pursuant to the vesting acceleration provisions of Paragraph 3 or 5 of this Agreement shall be issued on the date that Share vests or as soon thereafter as administratively practicable, but in no event later than the later of (i) the close of the calendar year in which that Share vests or (ii) the fifteenth day of the third calendar month following such vesting date (the "Issuance Date"). View More

Grant of Restricted Stock Units. The Corporation hereby awards to Participant, as of the Award Date, an award (the "Award") of restricted stock units under the Plan. Each restricted stock unit represents the right to receive one share of Common Stock on the vesting date of that unit. The number of shares of Common Stock subject to the awarded restricted stock units, the applicable vesting schedule for the restricted stock units and the underlying shares of Common Stock, the dates on which those vested shares shall be issued to ...Participant and the remaining terms and conditions governing the Award shall be as set forth in this Agreement. AWARD SUMMARY Participant Award Date: , 201 Number of SharesSubject Shares Subject to Award: shares of Common Stock (the "Shares") Vesting Schedule: The Shares shall vest in full on the earlier of (a) the first anniversary of Participant's completion of continuous Board service measured from the Award Date or (b) the first annual general meeting of the Corporation's stockholders held after the Award Date. The Shares may vest in whole or in part on an accelerated basis in accordance with the provisions of Paragraphs 3 and 5 of this Agreement. In no event shall any Shares vest after the date of Participant's termination of Board service. Issuance Schedule Subject to the provisions of Paragraph 7(a), each Share The Shares in which the Participant vests in accordance with pursuant to the foregoing Vesting Schedule or pursuant to the vesting acceleration provisions of Paragraph 3 or Paragraph 5 of this Agreement shall be issued on in accordance with the date that Share vests or as soon thereafter as administratively practicable, but in no event later than the later of (i) the close of the calendar year in which that Share vests or (ii) the fifteenth day of the third calendar month following such vesting date (the "Issuance Date"). Participant's Deferral Election. View More