Restricted Stock Unit Award Contract Clauses (242)

Grouped Into 15 Collections of Similar Clauses From Business Contracts

This page contains Restricted Stock Unit Award clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Restricted Stock Unit Award. (a) Upon such conditions and limitations it deems advisable, including the imposition of one or more Vesting Conditions, the Committee may authorize the grant of Restricted Stock Units. Upon or following the satisfaction of all of the applicable Vesting Conditions, the holder of such Restricted Stock Units shall receive one or more payments for each vested Restricted Stock Unit equal to the Fair Market Value per share of one share of Common Stock on the date as of which the last of the applicabl...e Vesting Conditions was satisfied. (b) Except as provided in Paragraph 19, or as may be provided by the Committee at the time of grant, if the recipient's service with the Company or any of its Subsidiaries terminates prior to the satisfaction of all of the Vesting Conditions for any reason other than death, disability, or retirement in good standing, the recipient shall, on the date service terminates, forfeit and surrender to the Company the number of Restricted Stock Units with respect to which the Vesting Conditions have not been satisfied as of the date service terminates. (c) A recipient of Restricted Stock Units shall not be entitled to any dividends that might be payable with respect to Common Stock. (d) Unless otherwise provided by the Committee at the time of grant, if a recipient dies, terminates employment with the Company because of disability, or retires with good standing before the satisfaction of all of the applicable Vesting Conditions, the Vesting Conditions on any Restricted Stock Units held by the recipient shall be considered satisfied (i) on the date of death, or (ii) on the date that employment terminates because of disability or retirement. (e) Each grant of Restricted Stock Units shall be evidenced by an Award Agreement executed on behalf of the Company by any officer designated by the Committee for this purpose and delivered to and accepted by the grantee and shall contain such terms and provisions, consistent with this Plan, as the Committee may approve. View More
Found in Community Bank System, Inc. contract
Restricted Stock Unit Award. (a) Upon such conditions and limitations it deems advisable, including the imposition of one or more Vesting Conditions, the Committee may authorize the grant of Restricted Stock Units. Upon or following the satisfaction of all of the applicable Vesting Conditions, the holder of such Restricted Stock Units shall receive one or more payments for each vested Restricted Stock Unit equal to the Fair Market Value per share of one share of Common Stock on the date as of which the last of the applicabl...e Vesting Conditions was satisfied. (b) Except as provided in Paragraph 19, or as may be provided by the Committee at the time of grant, if the recipient's service with the Company Bank or any of its Subsidiaries terminates prior to the satisfaction of all of the Vesting Conditions for any reason other than death, death or disability, or retirement in good standing, the recipient shall, on the date service terminates, forfeit and surrender to the Company Bank the number of Restricted Stock Units with respect to which the Vesting Conditions have not been satisfied as of the date service terminates. (c) A recipient of Restricted Stock Units shall not be entitled to any dividends that might be payable with respect to Common Stock. (d) The Committee shall have the authority at any time to accelerate the time at which any or all of the Vesting Conditions or other restrictions set forth in this 2014 Plan with respect to any or all Restricted Stock Units awarded hereunder shall be satisfied or lapse. (e) Unless otherwise provided by the Committee at the time of grant, if a recipient dies, or terminates employment with the Company Bank because of disability, or retires with good standing disability before the satisfaction of all of the applicable Vesting 8 Conditions, (i) the Vesting Conditions on any Restricted Stock Units held by the recipient shall be considered satisfied (i) on the date of death, death or (ii) on the date that employment terminates because of disability, provided such date is not less than four years subsequent to the date of the award, and (ii) if the date of death or disability is within four years of the date of the awards, the Committee, in its sole discretion, can waive the Vesting Conditions as to any or retirement. (e) Each grant all of the Restricted Stock Units shall be evidenced by an Award Agreement executed on behalf of the Company by any officer designated by the Committee for this purpose and delivered to and accepted by the grantee and shall contain such terms and provisions, consistent with this Plan, as the Committee may approve. Units. View More
Found in Community Bank System, Inc. contract
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Restricted Stock Unit Award. Pursuant to the Plan and your election pursuant to that certain Annual Stock Grant RSU Election Form (the "Election Form") that you delivered to the Company during the calendar year prior to the date of this Award, you are hereby granted an Award, subject to the terms and conditions of this Award Agreement and the Plan. Accordingly, you are hereby granted the number of restricted stock units set forth above (the "RSUs"), effective as of the date of Award set forth above (the "Grant Date"). All R...SUs granted hereunder shall vest as of the one-year anniversary of the Grant Date regardless of whether you have a separation from service with the Company for any reason prior to such anniversary date. View More
Found in MODINE MANUFACTURING CO contract
Restricted Stock Unit Award. Pursuant to the Plan and your election pursuant to that certain Annual Stock Grant RSU Election Form (the "Election Form") that you delivered to the Company during the calendar year prior to the date of this Award, Plan, you are hereby granted an Award, subject to the terms and conditions of this Award Agreement and the Plan. Accordingly, you are hereby granted the number of restricted stock units set forth above (the "RSUs"), effective as of the date of Award set forth above (the "Grant Date").... All RSUs granted hereunder shall vest as of the one-year anniversary of the Grant Date (the "Vesting Date") regardless of whether you have a separation from service with the Company for any reason prior to such anniversary date. the Vesting Date. View More
Found in MODINE MANUFACTURING CO contract
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Restricted Stock Unit Award. In accordance with the Plan, the Company hereby grants to the Participant ______ restricted stock units ("RSUs"). Each RSU represents the right to receive one share of the Company's common stock (a "Share"), subject to the terms and conditions of this Agreement and the Plan.
Found in G-III Apparel Group, Ltd. contract
Restricted Stock Unit Award. In accordance with the Plan, the Company hereby grants to the Participant ______ restricted stock units ("RSUs"). Each RSU represents the right to receive one share of the Company's common stock (a "Share"), subject to the terms and conditions of this Agreement and the Plan.
Found in G-III Apparel Group, Ltd. contract
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Restricted Stock Unit Award. The Participant is hereby awarded, pursuant to the Comfort Systems USA, Inc. 2012 Equity Incentive Plan (as amended from time to time, the "Plan"), and subject to its terms, an award (the "Award") consisting of [·] Restricted Stock Units (the "Units"). Each Unit entitles the Participant to the conditional right to receive, without payment but subject to the conditions and limitations set forth in this Agreement and in the Plan, one share of common stock of the Company, par value $0.01 per share ...(the "Shares"), subject to adjustment pursuant to Section 10 of the Plan in respect of transactions occurring after the date hereof. Except as otherwise defined herein, all capitalized terms used herein have the same meaning as in the Plan. View More
Found in Comfort Systems USA, Inc. contract
Restricted Stock Unit Award. The Participant is hereby awarded, pursuant to the Comfort Systems USA, Inc. 2012 Equity 2017 Omnibus Incentive Plan (as amended from time to time, the "Plan"), and subject to its terms, an award (the (this "Award") consisting of [·] [] Restricted Stock Units (the "Units"). Each Unit entitles the Participant to the conditional right to receive, without payment but subject to the conditions and limitations set forth in this Agreement and in the Plan, one share of common stock of the Company, par... value $0.01 per share Common Stock (the "Shares"), subject to adjustment pursuant to Section 10 of the Plan in respect of transactions occurring after the date hereof. Except as otherwise defined herein, all capitalized terms used herein have the same meaning as in the Plan. View More
Found in Comfort Systems USA, Inc. contract
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Restricted Stock Unit Award. The Participant is hereby awarded, pursuant to the Company's 2010 Equity Incentive Plan (the "Plan") and subject to its terms (except as provided herein), a Restricted Stock Unit award (the "Award") giving the Participant the conditional right to receive, without payment but subject to the conditions and limitations set forth in this Agreement and in the Plan, [ ] shares of Stock (the "Shares"). Except as expressly provided herein, all capitalized terms used and not defined herein shall have the... same meaning as in the Plan. View More
Found in IMS Health Holdings, Inc. contract
Restricted Stock Unit Award. The Participant is hereby awarded, pursuant to the Company's 2010 Equity Incentive Plan (the "Plan") and subject to its terms (except as provided herein), a Restricted Stock Unit award (the "Award") giving the Participant the conditional right to receive, without payment but subject to the conditions and limitations set forth in this Agreement and in the Plan, [ ] 10,000,000 shares of Stock (the "Shares"). Except as expressly provided herein, all capitalized terms used and not defined herein sha...ll have the same meaning as in the Plan. View More
Found in IMS Health Holdings, Inc. contract
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