Example ContractsClausesGrant of Restricted Share Units
Grant of Restricted Share Units
Grant of Restricted Share Units contract clause examples

The Company hereby grants to the Recipient an award (the “Award”) of restricted share units (the “Restricted Share Units”) on the terms and conditions set forth in this Agreement and the Plan. A bookkeeping unit will be maintained by the Company to keep track of the Restricted Share Units and any Dividend Equivalent Units (as defined below) or other dividend equivalent rights that may accrue as provided in Section 5.

Grant of Restricted Share Units. A Restricted Share Unit may be granted to any Eligible Person selected by the Committee. The value of each Restricted Share Unit is equal to the Fair Market Value of a Common Share on the applicable date or time period of determination, as specified by the Committee. Restricted Share Units shall be subject to such restrictions and conditions as the Committee shall determine. Restricted Share Units shall be non-transferable, except as provided in Section 14.3 hereof.

Grant of Restricted Share Units. Pursuant to [Section 7.2] of the Plan, the Company hereby issues to the Participant on [[Company:Organization]] set forth in the Restricted Share Unit Award Grant Notice (the “Award”) the number of Restricted Share Units (the “Restricted Share Units”) set forth in the Award. Each Restricted Share Unit represents a contingent right to receive one Ordinary Share, subject to the terms and conditions set forth in this Agreement and the Plan. Capitalized terms that are used but not defined herein have the meaning ascribed to them in the Plan.

Grant of Restricted Share Units. Pursuant to [Section 7.2] of the Plan, the Company hereby issues to the Participant on [[Company:Organization]] set forth in the Restricted Share Unit Award Grant Notice (the “Award”) the number of Restricted Share Units (the “Restricted Share Units”) set forth in the Award. Each Restricted Share Unit represents a contingent right to receive one Ordinary Share, subject to the terms and conditions set forth in this Agreement and the Plan. Capitalized terms that are used but not defined herein have the meaning ascribed to them in the Plan.

Grant of Restricted Share Units. The Company hereby grants this Award of RSUs, pursuant to which, subject to the terms and conditions of this Award Agreement and the Plan, the Company will pay to the Grantee on the Settlement Date both # one share of Common Stock as of the Settlement Date multiplied by the number of vested RSUs, and # one share of Common Stock as of the Settlement Date for each Dividend Equivalent Unit (as defined in Section 2(d) hereof) relating to such vested RSUs, subject to applicable withholding for taxes. For the avoidance of doubt, the right to receive any Dividend Equivalent Units is subject to the same vesting terms as the related RSUs which give rise to the Dividend Equivalent Units, and no Dividend Equivalent Unit is payable with respect to any RSUs that are forfeited (whether or not vested) or that do not vest for any reason.

Grant of Restricted Share Units. The Committee, at any time and from time to time, may grant Restricted Share Units to Participants as the Committee, in its sole discretion, shall determine. The Committee, in its sole discretion, shall determine the number of Restricted Share Units to be granted to each Participant.

Grant of Restricted Share Units. Pursuant to [Section 7.2] of the Plan, the Company hereby issues to the Participant on [[Company:Organization]] set forth in the Restricted Share Unit Award Grant Notice (the “Award”) the number of Restricted Share Units (the “Restricted Share Units”) set forth in the Award. Each Restricted Share Unit represents a contingent right to receive one Ordinary Share, subject to the terms and conditions set forth in this Agreement and the Plan. Capitalized terms that are used but not defined herein have the meaning ascribed to them in the Plan.

Grant of Restricted Share Units. The Committee, at any time and from time to time, may grant Restricted Share Units to Participants as the Committee, in its sole discretion, shall determine. The Committee, in its sole discretion, shall determine the number of Restricted Share Units to be granted to each Participant.

Restricted Share Units. The Committee may, from time to time and upon such terms and conditions as it may determine, authorize the granting or sale of Restricted Share Units to Participants. Each such grant or sale may utilize any or all of the authorizations, and will be subject to all of the requirements, contained in the following provisions:

Grant of Restricted Share Units. The Committee, at any time and from time to time, may grant Restricted Share Units to Holders as the Committee, in its sole discretion, shall determine. The Committee, in its sole discretion, shall determine the number of Restricted Share Units to be granted to each Holder.

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