Restricted Stock Unit Award Clause Example from Business Contracts

Restricted Stock Unit Award. Company agrees to grant an award of 360,000 Restricted Stock Units (the "RSUs") in accordance with the terms of the Company 2006 Equity Incentive Program and applicable Restricted Stock Units Agreement between Company and Employee, which shall be incorporated by reference. The RSUs shall vest in full in accordance with the terms of the Restricted Stock Unit Agreement on the End Date provided that Employee has remained continuously employed by Company from the Beginning Date through the End Date.... All terms and conditions of the award of the RSUs shall be governed by the Restricted Stock Units Agreement. 1 3.At Will Employment Status. This Agreement is not an employment agreement and does not guarantee Employee employment with Company for any specific period of time. Employee shall remain at all times an employee at will whose employment may be terminated by either party at any time, with or without cause. View More