Vesting of RSUs and Issuance of Shares Contract Clauses (7)

Grouped Into 1 Collection of Similar Clauses From Business Contracts

This page contains Vesting of RSUs and Issuance of Shares clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Vesting of RSUs and Issuance of Shares. (a) General. Subject to the other provisions of this Section 2, the RSUs shall vest one-third per year over three years on the day immediately prior to the applicable anniversary of the grant date, in accordance with the future vesting schedule (the "Vesting Schedule") set forth under your account in the Company's third-party electronic stock administrative platform. Subject to Section 4, as soon as administratively practicable after each vesting date shown in the Vesting Schedule (each a "Vesti...ng Date"), the Company will issue to the Participant, in certificated or uncertificated form, such number of Shares as is equal to the number of RSUs that vested on such Vesting Date. In no event shall the Shares be issued to the Participant later than 75 days after the Vesting Date. (b) Service Termination. Except as set forth in Section 2(c) below, upon the cessation of the Participant's service with the Company as an employee, consultant or director of the Company for any reason, all unvested RSUs shall be automatically forfeited as of such cessation of service. For purposes of this RSU award, service with the Company shall include service as an employee or director of, or consultant to, the Company or to a parent or subsidiary of the Company, or any successor to the Company. (c) Change in Control Event. Upon a Change in Control Event (as defined in the Plan), the RSUs shall be treated in the manner provided in Section 9(b)(iii)(B) of the Plan. View More
Found in Emergent BioSolutions Inc. contract
Vesting of RSUs and Issuance of Shares. (a) General. Subject to the other provisions of this Section 2, the RSUs shall vest one-third per year over three years on the day immediately prior to the applicable anniversary of the grant date, in accordance with the future vesting schedule (the "Vesting Schedule") set forth under your account in the Company's third-party electronic stock administrative platform. Subject to Section 4, as soon as administratively practicable after each vesting date shown in the Vesting Schedule (each a "Vesti...ng Date"), the Company will issue to the Participant, in certificated or uncertificated form, such number of Shares as is equal to the number of RSUs that vested on such Vesting Date. In no event shall the Shares be issued to the Participant later than 75 days after the Vesting Date. (b) Service Termination. Termination of Employment. Except as set forth in Section 2(c) below, upon the cessation of the Participant's service employment with the Company as an employee, consultant or director of the Company for any reason, all unvested RSUs shall be automatically forfeited as of such cessation of service. employment. For purposes of this UK RSU award, service Award Agreement, employment with the Company shall include service employment as an employee or director of, or consultant to, of the Company or to a parent or subsidiary of the Company, or any successor to the Company. (c) Change in Control Event. Upon a Change in Control Event (as defined in the Plan), the RSUs shall be treated in the manner provided in Section 9(b)(iii)(B) of the Plan. View More
Found in Emergent BioSolutions Inc. contract
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