Example ContractsClausesTerms of RSUs
Terms of RSUs
Terms of RSUs contract clause examples

Terms of RSUs. The Committee will determine the terms of an RSU including, without limitation: # the number of Shares subject to the RSU, # the time or times during which the RSU may be settled, # the consideration to be distributed on settlement, and # the effect of the Participant’s termination of Service on each RSU, provided that no RSU will have a term longer than ten (10) years. An RSU may be awarded upon satisfaction of such performance goals based on Performance Factors during any Performance Period as are set out in advance in the Participant’s Award Agreement. If the RSU is being earned upon satisfaction of Performance Factors, then the Committee will: # determine the nature, length, and starting date of any Performance Period for the RSU; # select from among the Performance Factors to be used to measure the performance, if any; and # determine the number of Shares deemed subject to the RSU. Performance Periods may overlap and Participants may participate simultaneously with respect to RSUs that are subject to different Performance Periods and different performance goals and other criteria.

Terms of RSUs. The Committee will determine the terms of an RSU including, without limitation: # the number of Shares subject to the RSU; # the time or times during which the RSU may be settled; # the consideration to be distributed on settlement; and # the effect of the Employee’s termination of Service on each RSU. An RSU may be awarded upon satisfaction of such performance goals based on Performance Factors during any Performance Period as are set out in advance in the Employee’s Award Agreement. If the RSU is being earned upon satisfaction of Performance Factors, then the Committee will: # determine the nature, length and starting date of any Performance Period for the RSU;

Terms of RSUs. The Committee will determine the terms of an RSU including, without limitation: # the number of Shares subject to the RSU; # the time or times during which the RSU may be settled; # the consideration to be distributed on settlement; and # the effect of the Participant’s termination of Service on each RSU. An RSU may be awarded upon satisfaction of such performance goals based on Performance Factors during any Performance Period as are set out in advance in the Participant’s Award Agreement. If the RSU is being earned upon satisfaction of Performance Factors, then the Committee will: # determine the nature, length and starting date of any Performance Period for the RSU; # select from among the Performance Factors to be used to measure the performance, if any; and # determine the number of Shares deemed subject to the RSU. Performance Periods may overlap and participants may participate simultaneously with respect to RSUs that are subject to different Performance Periods and different performance goals and other criteria.

Terms of RSUs. The Committee will determine the terms of an RSU including, without limitation: # the number of Shares subject to the RSU; # the time or times during which the RSU may be settled; # the consideration to be distributed on settlement; and # the effect of the Participant’s termination of Service on each RSU; provided that no RSU shall have a term longer than ten (10) years. An RSU may be awarded upon satisfaction of such performance goals based on Performance Factors during any Performance Period as are set out in advance in the Participant’s Award Agreement. If the RSU is being earned upon satisfaction of Performance Factors, then the Committee will: # determine the nature, length and starting date of any Performance Period for the RSU; # select from among the Performance Factors to be used to measure the performance, if any; and # determine the number of Shares deemed subject to the RSU. Performance Periods may overlap and participants may participate simultaneously with respect to RSUs that are subject to different Performance Periods and different performance goals and other criteria.

Terms of RSUs. The Committee will determine the terms of an RSU including, without limitation: # the number of Shares subject to the RSU; # the time or times during which the RSU may be settled; # the consideration to be distributed on settlement; and # the effect of the Participant’s termination of Service on each RSU; provided that no RSU shall have a term longer than ten (10) years. An RSU may be awarded upon satisfaction of such performance goals based on Performance Factors during any Performance Period as are set out in advance in the Participant’s Award Agreement. If the RSU is being earned upon satisfaction of Performance Factors, then the Committee will: # determine the nature, length and starting date of any Performance Period for the RSU; # select from among the Performance Factors to be used to measure the performance, if any; and # determine the number of Shares deemed subject to the RSU. Performance Periods may overlap and participants may participate simultaneously with respect to RSUs that are subject to different Performance Periods and different performance goals and other criteria.

Vesting Terms – TSR RSUs. As specified on [[Employee:Person]], the vesting of a subset of the Performance-Based RSUs (the “TSR RSUs”) is subject to the following terms and conditions:

Terms of RSUs. The Committee will determine the terms of an RSU including, without limitation: # the number of Shares subject to the RSU; # the time or times during which the RSU may be settled; and # the consideration to be distributed on settlement, and the effect of the Participant’s termination of Service on each RSU. An RSU may be awarded upon satisfaction of such performance goals based on Performance Factors during any Performance Period as are set out in advance in the Participant’s Award Agreement. If the RSU is being earned upon satisfaction of Performance Factors, then the Committee will: # determine the nature, length and starting date of any Performance Period for the RSU; # select from among the Performance Factors to be used to measure the performance, if any; and # determine the number of Shares deemed subject to the RSU. Performance Periods may overlap and participants may participate simultaneously with respect to RSUs that are subject to different Performance Periods and different performance goals and other criteria.

Terms of RSUs. The Committee will determine the terms of an RSU including, without limitation: # the number of Shares subject to the RSU; # the time or times during which the RSU may be settled; # the consideration to be distributed on settlement; and # the effect of the Participant’s termination of Service on each RSU; provided that no RSU shall have a term longer than ten (10) years. An RSU may be awarded upon satisfaction of such performance goals based on Performance Factors during any Performance Period as are set out in advance in the Participant’s Award Agreement. If the RSU is being earned upon satisfaction of Performance Factors, then the Committee will: # determine the nature, length and starting date of any Performance Period for the RSU; # select from among the Performance Factors to be used to measure the performance, if any; and # determine the number of Shares deemed subject to the RSU. Performance Periods may overlap and participants may participate simultaneously with respect to RSUs that are subject to different Performance Periods and different performance goals and other criteria.

Terms of RSUs. The Committee will determine the terms of an RSU including, without limitation: # the number of Shares subject to the RSU; # the time or times during which the RSU may be settled; # the consideration to be distributed on settlement; and # the effect of the Participant’s termination of Service on each RSU; provided that no RSU shall have a term longer than ten (10) years. An RSU may be awarded upon satisfaction of such performance goals based on Performance Factors during any Performance Period as are set out in advance in the Participant’s Award Agreement. If the RSU is being earned upon satisfaction of Performance Factors, then the Committee will: # determine the nature, length and starting date of any Performance Period for the RSU; # select from among the Performance Factors to be used to measure the performance, if any; and # determine the number of Shares deemed subject to the RSU. Performance Periods may overlap and Participants may participate simultaneously with respect to RSUs that are subject to different Performance Periods and different performance goals and other criteria.

Terms of RSUs. The Committee will determine the terms of an RSU including, without limitation: # the number of Shares subject to the RSU; # the time or times during which the RSU may be settled; # the consideration to be distributed on settlement; and # the effect of the Employee’s termination of Service on each RSU. An RSU may be awarded upon satisfaction of such performance goals based on Performance Factors during any Performance Period as are set out in advance in the Employee’s Award Agreement. If the RSU is being earned upon satisfaction of Performance Factors, then the Committee will: # determine the nature, length and starting date of any Performance Period for the RSU; # select from among the Performance Factors to be used to measure the performance, if any; and # determine the number of Shares deemed subject to the RSU. Performance Periods may overlap and participants may participate simultaneously with respect to RSUs that are subject to different Performance Periods and different performance goals and other criteria.

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