Common use of Grant of Restricted Share Units Clause in Contracts

Grant of Restricted Share Units. (a) Subject to the terms of the Plan, the Corporation hereby grants to the Grantee the number of restricted share units (the “Restricted Share Units”) set forth in Schedule A, payment of which is subject to the terms and conditions of this Agreement. (b) The Grantee’s right to receive all or any portion of the Restricted Share Units shall remain forfeitable at all times prior to the vesting in accordance with Sections 2, 3, 4 and 5 hereof.

Appears in 4 contracts

Sources: Restricted Share Unit Award Agreement (Aci Worldwide, Inc.), Restricted Share Unit Award Agreement (Aci Worldwide, Inc.), Restricted Share Unit Award Agreement (Aci Worldwide, Inc.)

Grant of Restricted Share Units. (a) Subject to the terms of the Plan, the Corporation hereby grants has granted to the Grantee the number of restricted share stock units (the “Restricted Share Units”) set forth in Schedule A, payment of which is subject to the terms and conditions of this Agreement. (b) The Grantee’s right to receive all or any portion of the Restricted Share Units shall remain forfeitable at all times prior to the vesting in accordance with Sections 2, 3, 3 and 4 and 5 hereof.

Appears in 2 contracts

Sources: Restricted Share Unit Award Agreement (Aci Worldwide, Inc.), Restricted Share Unit Award Agreement (Aci Worldwide, Inc.)

Grant of Restricted Share Units. (a) Subject to the terms of the Plan, the Corporation hereby grants to the Grantee the number of restricted share units (the “Restricted Share Units”) set forth in Schedule A, payment of which is subject to the terms and conditions of this Agreement. (b) The Grantee’s right to receive all or any portion of the Restricted Share Units shall remain forfeitable at all times prior to the vesting in accordance with Sections 2, 3, 3 and 4 and 5 hereof.

Appears in 2 contracts

Sources: Restricted Share Unit Award Agreement (Aci Worldwide, Inc.), Restricted Share Unit Award Agreement (Aci Worldwide, Inc.)

Grant of Restricted Share Units. (a) Subject to the terms of the Plan, the Corporation The Company hereby grants to the Grantee Grantee, pursuant to the Plan and on the terms and conditions set forth herein, the number of restricted share units (the “Restricted Share Units”) Units set forth in Schedule AA. Each Restricted Share Unit represents the right to receive one Share to be issued and delivered at the end of the applicable Restriction Period (as defined herein), payment of which is subject to the risk of forfeiture and other terms and conditions of this Agreementdescribed herein. (b) The Grantee’s right to receive all or any portion of the Restricted Share Units shall remain forfeitable at all times prior to the vesting in accordance with Sections 2, 3, 4 and 5 hereof.

Appears in 2 contracts

Sources: Restricted Share Unit Award Agreement (James River Group Holdings, Ltd.), Restricted Share Unit Award Agreement (James River Group Holdings, Ltd.)

Grant of Restricted Share Units. (a) Subject to the terms of the Plan, the Corporation hereby grants to the Grantee the number of restricted share units (the “Restricted Share Units”) set forth in Schedule A, payment of which is subject to the terms and conditions of this Agreement. (b) The Grantee’s right to receive all or any portion of the Restricted Share Units shall remain forfeitable at all times prior to the vesting in accordance with Sections 2, 3, 3 and 4 and 5 hereof.

Appears in 1 contract

Sources: Restricted Share Unit Award Agreement (Aci Worldwide, Inc.)