Example ContractsClausesgrant of restricted stock unitsVariants
Grant of Restricted Stock Units
Grant of Restricted Stock Units contract clause examples

Grant of Stock Units. The Company hereby grants to the Director an Award of ​ Stock Units on the terms and conditions set forth herein and in the Plan. Each Stock Unit represents the right of the Director to receive an amount equal to the Fair Market Value of a Share on the date that payment is made with respect to the Stock Unit.

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Grant of Stock Units. The Company hereby grants to the Director an Award of ​ fully vested Stock Units on the terms and conditions set forth herein and in the Plan. Each Stock Unit represents the right of the Director to receive an amount equal to the Fair Market Value of a Share on the date that payment is made with respect to the Stock Unit.

Source document

Grant of Stock Units. The Company hereby grants to the Employee an Award of ​ Stock Units on the terms and conditions set forth herein and in the Plan. Each Stock Unit represents the right of the Employee to receive an amount equal to the Fair Market Value of a Share on the date that payment is made with respect to the Stock Unit.

Source document

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