Common use of Grant of the RSUs Clause in Contracts

Grant of the RSUs. Subject to the provisions of this Agreement and the Plan, the Company hereby grants to the Participant, a target award consisting of RSUs (the “Target Award”), subject to adjustment as set forth in the Plan. The number of RSUs to which the Participant will be entitled as of the Scheduled Vesting Date (defined in Section 2)(the “Earned RSUs”) will be based on (i) the Target Award and (ii) the Company’s performance against the performance measures set forth on Exhibit A, as well as on the other terms and conditions of this Agreement. Each Earned RSU gives the Participant the unsecured right to receive, subject to the terms and conditions of the Plan and this Agreement, one Common Share. The Participant shall not be required to pay any additional consideration for the issuance of the Common Shares upon settlement of the Earned RSUs.