Common use of Immediate Vesting of Restricted Stock Units Clause in Contracts

Immediate Vesting of Restricted Stock Units. The restricted stock units subject to this Award are fully vested upon grant and shall not be subject to any risk of forfeiture in the event Participant ceases to be a director of the Company.

Appears in 2 contracts

Sources: Restricted Stock Unit Agreement (Cardiovascular Systems Inc), Restricted Stock Unit Agreement (Cardiovascular Systems Inc)

Immediate Vesting of Restricted Stock Units. The restricted stock units subject to this Award are fully vested upon grant and shall not be subject to any risk of forfeiture in the event Participant ceases to be a nonemployee director of the Company.

Appears in 1 contract

Sources: Restricted Stock Unit Agreement (Cardiovascular Systems Inc)