Grant of Restricted Stock Units Contract Clauses (1,151)
Grouped Into 62 Collections of Similar Clauses From Business Contracts
This page contains Grant of Restricted Stock Units clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Grant of Restricted Stock Units. The Corporation hereby awards to Participant, as of the Award Date, Restricted Stock Units under the Plan. Each Restricted Stock Unit represents the right to receive one share of Common Stock on the specified issuance date following the vesting of that unit. The number of shares of Common Stock subject to the awarded Restricted Stock Units, the applicable vesting schedule for those shares, the date on which those vested shares shall become issuable to Participant and the remaining terms and cond...itions governing the award (the "Award") shall be as set forth in this Agreement. AWARD SUMMARY Award Date: February 18, 2014 Number of Shares Subject to Award: shares of Common Stock (the "Shares") Vesting Schedule: One-third of the Shares shall vest upon Participant's completion of a consecutive twelve (12)-month period of Service measured from the Award Date. One-third of the Shares shall vest upon Participant's completion of a consecutive twenty-four (24)-month period of Service measured from the Award Date. One-third of the Shares shall vest upon Participant's completion of a consecutive thirty-six (36)-month period of Service measured from the Award Date. However, one or more Shares may be subject to accelerated vesting in accordance with the provisions of Paragraph 5 of this Agreement. Issuance Schedule: The Shares in which Participant vests in accordance with the foregoing Vesting Schedule shall become issuable immediately upon vesting (the "Issue Date"). The actual issuance of the Shares shall be subject to the Corporation's collection of all applicable Withholding Taxes and shall be effected on the applicable Issue Date or as soon as administratively practicable thereafter, but in no event later than the close of the calendar year in which such Issue Date occurs or (if later) the fifteenth (15th) day of the third (3rd) calendar month following such Issue Date. The procedures pursuant to which the applicable Withholding Taxes are to be collected are set forth in Paragraph 7 of this Agreement.View More
Grant of Restricted Stock Units. The Corporation hereby awards to Participant, as of the Award Date, Restricted Stock Units under the Plan. Each Restricted Stock Unit represents the right to receive one share of Common Stock on the specified issuance date following the vesting of that unit. The number of shares of Common Stock subject to the awarded Restricted Stock Units, the applicable vesting schedule for those shares, the date on which those vested shares shall become issuable to Participant and the remaining terms and cond...itions governing the award (the "Award") shall be as set forth in this Agreement. AWARD SUMMARY Award Date: February 18, 2014 Number of Shares Subject to Award: shares of Common Stock (the "Shares") Vesting Schedule: One-third of the The Shares shall vest upon Participant's completion of a consecutive twelve (12)-month period of Service measured from the Award Date. One-third of the Shares shall vest upon Participant's completion of a consecutive twenty-four (24)-month period of Service measured from the Award Date. One-third of the Shares shall vest upon Participant's completion of a consecutive thirty-six (36)-month period of Service measured from the Award Date. through December 31, 2014. However, one or more Shares may be subject to accelerated vesting in accordance with the provisions of Paragraph 5 of this Agreement and vested Shares are subject to the risk of forfeiture pursuant to Paragraph 9 of this Agreement. Issuance Schedule: The IssuanceSchedule: For those Shares in which Participant vests in accordance with the foregoing Vesting Schedule Schedule, one-third of the Sharesshall become issuable twelve (12) months from the Award Date, one-third of the Shares shall become issuable (24)months from the Award Date, and one-third of the Shares shall become issuable thirty-six (36) months from the AwardDate, or all of the Shares shall become issuable immediately upon earlier vesting upon termination of Service by reasonof death, Permanent Disability or Retirement before December 31, 2014 in accordance with the provisions of Paragraph 5of this Agreement (the "Issue Date"). The actual issuance of the Shares shall be subject to the Corporation's collection of all ofall applicable Withholding Taxes and shall be effected on the applicable Issue Date or as soon as administratively practicable administrativelypracticable thereafter, but in no event later than the close of the calendar year in which such Issue Date occurs or (if later) the later)the fifteenth (15th) day of the third (3rd) calendar month following such Issue Date. The procedures pursuant to which the whichthe applicable Withholding Taxes are to be collected are set forth in Paragraph 7 of this Agreement. View More
Grant of Restricted Stock Units. On [Grant Date] (the "Grant Date"), the Company granted to the Grantee [No. of] Restricted Stock Units, subject to the terms of this Restricted Stock Unit Agreement and the Plan. All terms and conditions of the Plan are hereby incorporated into this Agreement by reference and shall be deemed to be part of this Agreement, without regard to whether such terms and conditions are not otherwise set forth in this Agreement. To the extent that any capitalized words used in this Agreement are not define...d, they shall have the definitions stated for them in the Plan. In the event that there is any inconsistency between the provisions of this Agreement and the provisions of the Plan, the provisions of the Plan shall govern.View More
Grant of Restricted Stock Units. On [Grant Date] (the "Grant Date"), the The Company granted hereby grants to the Grantee [No. of] Restricted Stock Units, subject to the terms of this Restricted Stock Unit Agreement and the Plan. The "Grant Date" of the Restricted Stock Units is [Grant Date]. All terms and conditions of the Plan are hereby incorporated into this Agreement by reference and shall be deemed to be part of this Agreement, without regard to whether such terms and conditions are not otherwise set forth in this Agreeme...nt. To the extent that any capitalized words used in this Agreement are not defined, they shall have the definitions stated for them in the Plan. In the event that there is any inconsistency between the provisions of this Agreement and the provisions of the Plan, the provisions of the Plan shall govern. View More
Grant of Restricted Stock Units. Grant Date: May 16, 2018 Number of Restricted Stock Units: [# SHARES] Vesting Dates: 25% on each of August 16, 2018, November 16, 2018, February 16, 2019 and May 16, 2019 Delivery Date: On each vesting date 2.Vesting and Delivery. Each Restricted Stock Unit represents an unfunded, unsecured promise by Primerica to deliver one share of Primerica's common stock, par value $.01 per share ("Common Stock"), subject to the terms and conditions contained in this Agreement and the Plan. The Restricted S...tock Units shall, except as set forth in Sections 3(a) and (b) below, become vested on the Vesting Dates set forth in Section 1 and be settled by delivery of shares of Common Stock on the Delivery Date set forth in Section 1. Primerica's delivery of the number of shares of Common Stock equal to the number of the Participant's vested Restricted Stock Units shall discharge all of its duties and obligations under this Agreement.View More
Grant of Restricted Stock Units. Grant Date: May 16, 2018 2019 Number of Restricted Stock Units: [# SHARES] 1,069 Vesting Dates: 25% on each of August 16, 2018, 2019, November 16, 2018, 2019, February 16, 2019 2020 and May 16, 2019 13, 2020 Delivery Date: On each vesting date 2.Vesting and Delivery. Each Restricted Stock Unit represents an unfunded, unsecured promise by Primerica to deliver one share of Primerica's common stock, par value $.01 per share ("Common Stock"), subject to the terms and conditions contained in this Agr...eement and the Plan. The Restricted Stock Units shall, except as set forth in Sections 3(a) and (b) below, become vested on the Vesting Dates set forth in Section 1 and be settled by delivery of shares of Common Stock on the Delivery Date set forth in Section 1. Primerica's delivery of the number of shares of Common Stock equal to the number of the Participant's vested Restricted Stock Units shall discharge all of its duties and obligations under this Agreement. View More
Grant of Restricted Stock Units. The Company has granted to you the RSUs (as specified in the Notice of Grant on the preceding page ("Notice of Grant")), subject to the terms and conditions of the Notice and Agreement (including the vesting conditions provided in Section 2 of the Notice and Agreement). Each RSU represents the right to receive one Common Share, subject to the terms of the Plan and the Notice and Agreement.
Grant of Restricted Stock Units. The Company has granted to you the RSUs (as specified in the Notice of Grant on the preceding page ("Notice of Grant")), which may be earned, if at all, based on the Company's achievement of the Performance Goals during the Performance Period and subject to the terms and conditions of the Notice and Agreement (including the vesting conditions provided in Section 2 of the Notice and Agreement). Each RSU that is earned represents the right to receive one Common Share, subject to the terms of the P...lan and the Notice and Agreement. View More
Grant of Restricted Stock Units. The Company hereby grants to the Participant [______] restricted stock units (the "RSUs"), subject to all of the terms and conditions of this RSU Award Agreement and the Plan.
Grant of Restricted Stock Units. The Company hereby grants to the Participant [______] ________ restricted stock units (the "RSUs"), subject to all of the terms and conditions of this RSU Award Agreement and the Plan.
Grant of Restricted Stock Units. The Company hereby grants to the Participant the target number of Restricted Stock Units provided in the Grant Notice.
Grant of Restricted Stock Units. (a) As of the Grant Date set forth in the Notice of Grant, the Company grants to the Grantee the number of Restricted Stock Units set forth in the Notice of Grant (the "Units"), which represent shares of the Company's Common Stock. The Units are subject to the restrictions set forth in Section 2 of this Agreement, these Terms and Conditions, the provisions of the Plan and the other provisions contained in these Terms and Conditions. (b) The Units granted under this Agreement shall be reflected i...n a bookkeeping account maintained by the Company during the Restricted Period. If and when the restrictions set forth in Section 2 expire in accordance with the terms of this Agreement, and upon the satisfaction of all other applicable conditions as to the Units, such Units (and any related Dividend Units described in Section 1(c) below) not forfeited pursuant to Section 4 hereof shall be settled in cash or shares of Common Stock as provided in Section 1(e) of this Agreement and otherwise in accordance with the Plan. (c) With respect to each Unit, whether or not vested, that has not been forfeited (but only to the extent such award of Units has not been settled for cash or Common Stock), the Company shall, with respect to any cash dividends paid on the Common Stock, accrue and credit to the Grantee's bookkeeping account a number of Units having a Fair Market Value as of the date such dividend is paid equal to the cash dividends that would have been paid with respect to such Unit if it were an outstanding share of Common Stock (the "Dividend Units"). These Dividend Units thereafter shall (i) be treated as Units for purposes of future dividend accruals pursuant to this Section 1(c); and (ii) vest in such amounts (rounded to the nearest whole Unit) at the same time as the Units with respect to which such Dividend Units were received. Any dividends or distributions on Common Stock paid other than in cash shall accrue in the Grantee's bookkeeping account and shall vest at the same time as the Units in respect of which they are made (in each case in the same form, based on the same record date and at the same time, as such dividend or other distribution is paid on such Common Stock). (d) The Company's obligations under this Agreement (with respect to both the Units and the Dividend Units, if any) shall be unfunded and unsecured, and no special or separate fund shall be established and no other segregation of assets shall be made. The rights of Grantee under this Agreement shall be no greater than those of a general unsecured creditor of the Company. In addition, the Units shall be subject to such restrictions as the Company may deem advisable under the rules, regulations and other requirements of the Securities and Exchange Commission, any stock exchange upon which Common Stock is then listed, any Company policy and any applicable federal or state securities law. (e) Except as otherwise provided in this Agreement, settlement of the Units in accordance with the provisions of this Section 1(e) shall be delivered as soon as practicable after the end of the Restricted Period, and upon the satisfaction of all other applicable conditions as to the Units (including the payment by the Grantee of all applicable withholding taxes). The Units so payable to the Grantee shall be paid solely in shares of Common Stock, solely in cash based on the Fair Market Value of the Common Stock (determined as of the first business day next following the last day of the Restricted Period), or in a combination of the two, all as determined by the Committee in its sole discretion.View More
Grant of Restricted Stock Units. (a) As of the Grant Date set forth in the Notice of Grant, the Company grants to the Grantee Participant the number of Restricted Stock Units set forth in the Notice of Grant (the "Units"), which represent shares of the Company's Common Stock. The Units are subject to the restrictions set forth in Section Paragraph 2 of this Agreement, these Terms and Conditions, the provisions of the Plan and the other provisions contained in these Terms and Conditions. (b) The Units granted under this Agreemen...t shall be reflected in a bookkeeping account maintained by the Company during the Restricted Period. If and when the restrictions set forth in Section Paragraph 2 expire in accordance with the terms of this Agreement, and upon the satisfaction of all other applicable conditions as to the Units, such Units (and any related Dividend Units described in Section Paragraph 1(c) below) not forfeited pursuant to Section Paragraph 4 hereof shall be settled in cash or shares of Common Stock as provided in Section Paragraph 1(e) of this Agreement and otherwise in accordance with the Plan. (c) With respect to each Unit, whether or not vested, that has not been forfeited (but only to the extent such award of Units has not been settled for cash or Common Stock), the Company shall, with respect to any cash dividends paid on the Common Stock, accrue and credit to the Grantee's Participant's bookkeeping account a number of Units having a Fair Market Value as of the date such dividend is paid equal to the cash dividends that would have been paid with respect to such Unit if it were an outstanding share of Common Stock (the "Dividend Units"). These Dividend Units thereafter shall (i) be treated as Units for purposes of future dividend accruals pursuant to this Section 1(c); Paragraph 1(c), and (ii) vest in such amounts (rounded to the nearest whole Unit) at the same time as the Units with respect to which such Dividend Units were received. Any dividends or distributions on Common Stock paid other than in cash shall accrue in the Grantee's Participant's bookkeeping account and shall vest at the same time as the Units in respect of which they are made (in each case in the same form, based on the same record date and at the same time, as such dividend or other distribution is paid on such Common Stock). (d) The Company's obligations under this Agreement (with respect to both the Units and the Dividend Units, if any) shall be unfunded and unsecured, and no special or separate fund shall be established and no other segregation of assets shall be made. The rights of Grantee Participant under this Agreement shall be no greater than those of a general unsecured creditor of the Company. In addition, the Units shall be subject to such restrictions as the Company may deem advisable under the rules, regulations and other requirements of the Securities and Exchange Commission, any stock exchange upon which Common Stock is then listed, any Company policy and any applicable federal or state securities law. 26 (e) Except as otherwise provided in this Agreement, settlement of the Units in accordance with the provisions of this Section Paragraph 1(e) shall be delivered as soon as practicable after the end of the Restricted Period, and upon the satisfaction of all other applicable conditions as to the Units (including the payment by the Grantee Participant of all applicable withholding taxes). The Units so payable to the Grantee Participant shall be paid solely in shares of Common Stock, solely in cash based on the Fair Market Value of the Common Stock (determined as of the first business day next following the last day of the Restricted Period), or in a combination of the two, all as determined by the Committee in its sole discretion. View More
Grant of Restricted Stock Units. The Company hereby grants to the Grantee the number of restricted stock units (the "RSUs") as set forth in the Grant Notice, subject to all of the terms and conditions of this RSU Award Agreement and the Plan.
Grant of Restricted Stock Units. The Company hereby grants to the Grantee the number of restricted stock units (the "RSUs") as set forth in the Grant Notice, "RSUs"), subject to all of the terms and conditions of this RSU Award Agreement and the Plan.
Grant of Restricted Stock Units. Subject to the terms and conditions set forth in this Award Agreement and in the Plan, the Company hereby grants the Participant [●] restricted stock units, subject to the restrictions set forth below and in the Plan (the "Restricted Stock Units"). Each Restricted Stock Unit represents the right of the Participant to receive a share of common stock of the Company ("Company Stock"), if and when the specified conditions are met in Section 3 below, and on the applicable payment date set forth in Se...ction 5 below.View More
Grant of Restricted Stock Units. Subject to the terms and conditions set forth in this Award Agreement and in the Plan, the Company hereby grants the Participant [●] five hundred (500) restricted stock units, subject to the restrictions set forth below and in the Plan (the "Restricted Stock Units"). Each Restricted Stock Unit represents the right of the Participant to receive a share of common stock of the Company ("Company Stock"), if and when the specified conditions are met in Section 3 below, and on the applicable payment d...ate set forth in Section 5 below. View More
Grant of Restricted Stock Units. Subject to the terms and conditions set forth in this Award Agreement and in the Plan, the Company hereby grants the Participant [●] restricted stock units, Restricted Stock Units, subject to the restrictions set forth below and in the Plan (the "Restricted Stock "Stock Units"). Each Restricted Stock Unit represents the right of the Participant to receive a share of common stock of the Company ("Company Stock"), ("Stock"), an amount of cash based on the value of a share of Stock, or any combinat...ion of the foregoing, as determined by the Committee, if and when the specified conditions are met in Section 3 below, and on the applicable payment settlement date set forth in Section 5 below. View More
Grant of Restricted Stock Units. The Company hereby grants to the Participant restricted stock units (the "RSUs") pursuant to which the Company will pay in stock or cash to the Participant an amount equal to the Fair Market Value of one share of Common Stock as of the dates on which the applicable Restricted Period on the RSUs (or a portion of the RSUs) lapses, multiplied by the number of Vested Units, subject to Section 4 of this Agreement. The RSUs are being granted pursuant to the terms of the Company's 2015 Equity and Incen...tive Plan (the "Plan"). The RSUs and this Agreement are subject to and shall be construed in accordance with the terms and conditions of the Plan, as now or hereinafter in effect. Any terms which are used in this Agreement without being defined and which are defined in the Plan shall have the meaning specified in the Plan. In the event of any conflict between this Agreement and the Plan, the terms of the Plan will govern and prevail.View More
Grant of Restricted Stock Units. The Company hereby grants to the Participant restricted stock units (the "RSUs") pursuant to which the Company will pay in stock or cash to the Participant an amount equal to the Fair Market Value of one share of Common Stock as of the dates on which the applicable Restricted Period on the RSUs (or a portion of the RSUs) lapses, multiplied by the number of Vested Units, subject to Section 4 of this Agreement. The RSUs RS Us are being granted pursuant to the terms of the Company's 2015 Equity and... Incentive Plan (the "Plan"). The RSUs and this Agreement are subject to and shall be construed in accordance with the terms and conditions of the Plan, as now or hereinafter in effect. Any terms which are used in this Agreement without being defined and which are defined in the Plan shall have the meaning specified in the Plan. In the event of any conflict between this Agreement and the Plan, the terms of the Plan will govern and prevail. View More