Common use of Grant of Restricted Stock Unit Award Clause in Contracts

Grant of Restricted Stock Unit Award. Each Restricted Stock Unit represents the right to receive one Share with respect to each Restricted Stock Unit that vests as set forth in the vesting schedule above and in Section 3 (the “Vesting Date”, and the portion of the Restricted Stock Units that vests on such date is hereafter referred to as the “Vested Units”).

Appears in 7 contracts

Sources: Non Employee Director Restricted Stock Unit Agreement (Post Holdings, Inc.), Non Employee Director Restricted Stock Unit Agreement (Post Holdings, Inc.), Non Employee Director Restricted Stock Unit Agreement (Post Holdings, Inc.)