Example ContractsClausesAward of the Restricted Stock Units.
Award of the Restricted Stock Units.
Award of the Restricted Stock Units. contract clause examples

Award of Restricted Stock Units. SURGALIGN HOLDINGS, INC., a Delaware corporation (theCompany”) hereby grants, as of [●] (theDate of Grant”), to [●] (theRecipient”), [●] Restricted Stock Units (collectively theRestricted Stock Units”). The Restricted Stock Units shall be subject to the terms, provisions and restrictions set forth in this Restricted Stock Unit Agreement (this “Agreement”) and the Surgalign Holdings, Inc. 2021 Incentive Compensation Plan, as may be amended from time to time (thePlan”), which is incorporated herein for all purposes. As a condition to entering into this Agreement, the Recipient agrees to be bound by all of the terms and conditions herein and in the Plan. Unless otherwise provided herein, terms used herein that are defined in the Plan and not defined herein shall have the meanings attributable thereto in the Plan.

In consideration of services rendered and to be rendered to the Company by the Participant, the Company has granted to the Participant, subject to the terms and conditions set forth in this Restricted Stock Unit Agreement (this “Agreement”) and in the Company’s 2021 Inducement Equity Incentive Plan (thePlan”), an award with respect to the number of restricted stock units (theRSUs”) set forth in the Notice of Grant that forms part of this Agreement (theNotice of Grant”). Each RSU represents the right to receive one share of common stock, $0.01 par value per share, of the Company (theCommon Stock”) upon vesting of the RSU, subject to the terms and conditions set forth herein.

In consideration of Participant’s service as a Director of the Company and for other good and valuable consideration, the Company hereby grants to Participant the number of RSUs set forth in the Grant Notice. Prior to the actual issuance of any Shares, the Award represents an unsecured obligation of the Company, payable only from the general assets of the Company.

The Company hereby grants to the Participant ​ restricted stock units (“Restricted Stock Units”), representing the right to receive an equal number of shares of common stock of the Company (theShares”), upon the lapse of forfeiture restrictions (“vesting”) of some or all of such Restricted Stock Units, subject to the terms and conditions set forth in this Agreement. [These Restricted Stock Units are subject to forfeiture if the stockholders do not approve the proposal to increase the number of Shares available under the Plan at the ​ Annual Meeting.]

Award of Restricted Stock Units. Subject to the terms and conditions of this Agreement and the Plan, Director is granted Restricted Stock Units. Capitalized terms used and not defined in this Agreement shall have the meanings given in the Plan.

The Company hereby grants to the Participant 20,000 performance-based restricted stock units (“Restricted Stock Units”), representing the right to receive an equal number of shares of common stock of the Company (theShares”), upon the lapse of forfeiture restrictions (“vesting”) of some or all of such Restricted Stock Units, subject to the terms and conditions set forth in this Agreement.

Award of Restricted Stock Units. In consideration of services rendered and to be rendered to the Company, by the Participant, the Company has granted to the Participant, subject to the terms and conditions set forth in this Restricted Stock Unit Agreement (this “Agreement”) and in the Company’s 2020 Equity Incentive Plan (thePlan”), an award with respect to the number of restricted stock units (theRSUs”) set forth in the Notice of Grant that forms part of this Agreement (theNotice of Grant”). Each RSU represents the right to receive one share of common stock, $0.01 par value per share, of the Company (theCommon Stock”) upon vesting of the RSU, subject to the terms and conditions set forth herein.

Award of Restricted Stock Units. In consideration of services rendered and to be rendered to the Company, by the Participant, the Company has granted to the Participant, subject to the terms and conditions set forth in this Restricted Stock Unit Agreement (this “Agreement”) and in the Company’s 2013 Stock Incentive Plan, as amended (thePlan”), an award with respect to the number of RSUs set forth in the Notice of Grant that forms part of this Agreement (theNotice of Grant”). Each RSU represents the right to receive one share of class A common stock, $0.001 par value per share, of the Company (theCommon Stock”) upon vesting of the RSU, subject to the terms and conditions set forth herein. To accept this award, the Participant must accept this Agreement within six (6) months of the Grant Date. If this Agreement is not accepted within six (6) months of the Grant Date, the Company’s offer to grant RSUs under this Agreement will be withdrawn and cease to be in effect and the Participant shall have no rights to any RSUs under this Agreement.

Award of Restricted Stock Units. In consideration of services rendered and to be rendered to the Company by the Participant, the Company has granted to the Participant, subject to the terms and conditions set forth in this Restricted Stock Unit Agreement (this “Agreement”) and in the Company’s 2013 Stock Incentive Plan, as amended (thePlan”), an award with respect to the number of RSUs set forth in the Notice of Grant that forms part of this Agreement (theNotice of Grant”). Each RSU represents the right to receive one share of class A common stock, $0.001 par value per share, of the Company (theCommon Stock”) upon vesting of the RSU, subject to the terms and conditions set forth herein. To accept this award, the Participant must accept this Agreement within six (6) months of the Grant Date. If this Agreement is not accepted within six (6) months of the Grant Date, the Company’s offer to grant RSUs under this Agreement will be withdrawn and cease to be in effect and the Participant shall have no rights to any RSUs under this Agreement.

In consideration of services rendered and to be rendered to the Company, by the Participant, the Company has granted to the Participant, subject to the terms and conditions set forth in this Restricted Stock Unit Agreement (this “Agreement”) and in the Company’s 2016 Stock Incentive Plan (thePlan”), an award with respect to the number of restricted shares units (theRSUs”) set forth in the Notice of Grant that forms part of this Agreement (theNotice of Grant”). Each RSU represents the right to receive one share of common stock, $0.001 par value per share, of the Company (theCommon Stock”) upon vesting of the RSU, subject to the terms and conditions set forth herein.

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