Common use of Grant of the Restricted Stock Units Clause in Contracts

Grant of the Restricted Stock Units. Subject to the terms and conditions of the Plan and the additional terms and conditions set forth in this Agreement, the Company grants to the Participant an Award consisting of [___] restricted stock units (each, a “Unit”). Each Unit represents the right to receive one share of Common Stock of the Company, $.01 par value (each, a “Share”).

Grant of the Restricted Stock Units. Subject to the terms and conditions of the Plan and the additional terms and conditions set forth in this Agreement, the Company hereby grants to the Participant an a Unit Award consisting of [___] twenty thousand (20,000) restricted stock units (each, a “"Unit”"), subject to adjustment as set forth in the Plan. Each Unit represents the right to receive one share of Common Stock of the Company, $.01 par value Company (each, a “"Share”"). Each Unit shall vest and become nonforfeitable in accordance with Section 2 hereof.

Grant of the Restricted Stock Units. Subject to the terms and conditions of the Plan and the additional terms and conditions set forth in this Agreement, the Company hereby grants to the Participant an a Unit Award consisting of [___] 100,000 restricted stock units (each, a “Unit”), subject to adjustment as set forth in the Plan. Each Unit represents the right to receive one share of Class A Common Stock of the Company, $.01 par value Company (each, a “Share”). Each Unit shall vest and become nonforfeitable in accordance with Section 2 hereof.