Example ContractsClausesearning restricted stock unitsIdentical
Earning Restricted Stock Units
Earning Restricted Stock Units contract clause examples

Grant of Restricted Stock Units. The Company hereby grants to you, subject to the terms and conditions in this Agreement and the Plan, an Award of the number of restricted Stock Units (“Units”) specified on the cover page of this Agreement, each representing the right to receive one Share of the Company’s Stock. The Units granted to you will be credited to an account in your name maintained by the Company. This account shall be unfunded and maintained for book-keeping purposes only, with the Units simply representing an unfunded and unsecured obligation of the Company.

Source document
DIGI INTERNATIONAL INC (DGII) (CIK 0000854775)
Source: SEC EDGAR database • Date: May 7, 2021 • SIC: 3576 • CIK: 3576
DIGI INTERNATIONAL INC (DGII) (CIK 0000854775)
Source: SEC EDGAR database • Date: May 7, 2019 • SIC: 3576 • CIK: 3576
DIGI INTERNATIONAL INC (DGII) (CIK 0000854775)
Source: SEC EDGAR database • Date: May 1, 2018 • SIC: 3576 • CIK: 3576

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.