Grant of RSUs Clause Example with 7 Variations from Business Contracts

This page contains Grant of RSUs clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Grant of RSUs. Subject to and upon the terms, conditions and restrictions set forth in this Agreement and in the Plan, pursuant to authorization under a resolution of the Committee that was duly adopted on ________ __, 2019, the Company has granted to the Participant, effective _________ __, 2019 (the "Date of Grant"), __________ Restricted Stock Units (the "RSUs").

Variations of a "Grant of RSUs" Clause from Business Contracts

Grant of RSUs. Subject to and upon the terms, conditions and restrictions set forth in this Agreement and in the Plan, pursuant to authorization under a resolution of the Committee that was duly adopted on ________ __, 2019, the The Company has granted to the Participant, Grantee, effective _________ __, 2019 as of ________, 20__ (the "Date "Grant Date"), _____ Restricted Share Units, subject to all of Grant"), __________ Restricted Stock Units the terms and conditions of this Agreement (the "RSUs"). Each RSU ...shall represent the right of the Grantee to receive one Common Share, subject to the terms and conditions set forth in this Agreement. View More
Grant of RSUs. Subject to Pursuant to, and upon subject to, the terms, terms and conditions and restrictions set forth in this Agreement and in the Plan, pursuant to authorization under a resolution of the Committee that was duly adopted on ________ __, 2019, herein, the Company has granted hereby grants to Executive the Participant, effective _________ __, 2019 (the "Date right to receive RSUs in respect of Grant"), __________ Restricted Stock Units (the "RSUs"). _________________2 Common Shares. Each RSU is ...the right to receive one Common Share. View More
Grant of RSUs. Subject to and upon the terms, conditions and restrictions set forth in this Agreement Agreement, and in the Plan, pursuant to authorization under a resolution resolutions of the Committee that was duly adopted on ________ __, 2019, Committee, the Company has granted to the Participant, effective _________ __, 2019 Grantee as of ___________ (the "Date of Grant"), __________ Grant") ______ Restricted Stock Units (the "RSUs"). ("RSUs"). Each RSU shall represent the right of the Grantee to receive ...one share of Common Stock subject to and upon the terms and conditions of this Agreement. View More
Grant of RSUs. Subject to and upon the terms, conditions and restrictions set forth in this Agreement and in the Plan, pursuant to authorization under a resolution of the Committee that was duly adopted on ________ __, 2019, Committee, the Company has granted to the Participant, effective _________ __, 2019 Grantee as of ____________ (the "Date of Grant"), __________ Grant") ______ Restricted Stock Units (the "RSUs"). ("RSUs"). Each RSU shall represent the right of the Grantee to receive one share of Common St...ock subject to and upon the terms and conditions of this Agreement. View More
Grant of RSUs. Subject to and upon the terms, conditions and restrictions set forth in this Agreement and in the Plan, pursuant to authorization under a resolution of the Committee that was duly adopted on ________ __, 2019, the The Company has granted hereby grants to the Participant, effective _________ __, 2019 (the "Date of Grant"), __________ Participant ____________________ (________) Restricted Stock Units (the "RSUs"). ("RSUs") that will settle in shares of the Common Stock of the Company ("Shares") wh...en and as they vest, subject to the terms and conditions set forth herein and the provisions of the Plan. View More
Grant of RSUs. Subject This agreement (the "Agreement") evidences the grant by Rent the Runway, Inc., a Delaware corporation (the "Company"), on _______________________ (the "Grant Date") to and upon __________________________, an employee, consultant, or director of the terms, conditions and restrictions set forth in this Agreement Company (the "Participant"), a total of ____________________ restricted stock units (each, an "RSU") on the terms provided herein and in the Plan, pursuant Company's 2019 Stock Inc...entive Plan (the "Plan"). Each RSU corresponds to authorization under a resolution one share (a "Share") of common stock, $0.001 par value per share, of the Committee that was duly adopted Company ("Common Stock") and shall be credited to a separate book-entry account maintained for the Participant on ________ __, 2019, the Company has granted books of the Company. The RSUs shall expire on the tenth anniversary of the Grant Date (the "Expiration Date"). All capitalized terms used but not defined herein shall have the meanings ascribed to such terms in the Participant, effective _________ __, 2019 (the "Date of Grant"), __________ Restricted Stock Units (the "RSUs"). Plan unless the context clearly indicates otherwise. View More
Grant of RSUs. Subject to and upon the terms, conditions and restrictions set forth in this Agreement and in the Plan, pursuant to authorization under a resolution of the Committee that was duly adopted on ________ __, 2019, the The Company has granted hereby grants to the Participant, effective _________ __, 2019 (the "Date as of Grant"), __________ Restricted Stock Units the below Grant Date, the number of restricted stock units set forth below (the "RSUs"). Each RSU represents the right to receive a Share o...f the Company. Grant Date: _______________________________________________________________________________________ Vesting Commencement Date: ________________________________________________________________________ Number of RSUs: _________________ 2. Stockholder Rights. Prior to the issuance of Shares with respect to RSUs, the RSUs shall not have ownership or rights of ownership of any Shares underlying the RSUs. The RSUs may not be sold, assigned, transferred or pledged, other than by will or the laws of descent and distribution, and any such attempted transfer shall be void. Notwithstanding the foregoing, the Participant shall accumulate an unvested right to dividend equivalent amounts on the RSUs if cash dividends are declared on the underlying Shares on or after the Grant Date. Each time a dividend is paid on Shares, the Participant shall accrue an amount equal to the amount of the dividend payable on the Participant's RSUs as if they were Shares on the dividend record date. The accrued amounts shall be subject to the same vesting, forfeiture and share delivery terms in Section 3 herein as if they had been awarded on the Grant Date. The Participant shall not be entitled to amounts with respect to dividends declared prior to the Grant Date. All dividend amounts accumulated with respect to forfeited RSUs shall also be irrevocably forfeited. View More