Restricted Stock Unit Account Clause Samples
Restricted Stock Unit Account. The Company shall maintain an account (the “Restricted Stock Unit Account” or “Account”) on its books in the name of the Recipient, which shall reflect the number of Restricted Stock Units awarded to the Recipient.
Restricted Stock Unit Account. The Restricted Stock Unit Award will be credited to Colleague’s Restricted Stock Unit Account as of the Award Date and upon satisfaction of the conditions of this Agreement.
Restricted Stock Unit Account. As soon as practical following the Award Date, the Company shall credit the Colleague’s Restricted Stock Unit Account with the number of Restricted Stock Units awarded.
Restricted Stock Unit Account. Restricted Stock Units represent hypothetical shares of Company Stock, and not actual shares of Company Stock. Each Restricted Stock Unit is equivalent in value to one share of Company Stock and shall represent the Company's commitment to issue one share of Company Stock at a future date, subject to the terms of the Agreement and the Plan. The Company shall establish and maintain a bookkeeping account on its records, and shall record in such account the number of Restricted Stock Units granted to the Grantee. No shares of Company Stock shall be issued to the Grantee at the time the Restricted Stock Units are granted, and the Grantee shall not be, nor have any of the rights or privileges of, a stockholder of the Company with respect to any Restricted Stock Units recorded in the account. The Grantee shall not have the right to receive any dividends or other distributions with respect to Restricted Stock Units. The Grantee shall not have any interest in any fund or specific assets of the Company by reason of the grant of Restricted Stock Units or the Restricted Stock Unit account established for the Grantee.
Restricted Stock Unit Account. Stock Units represent hypothetical shares of Company Stock and not actual shares of stock. The Company shall establish and maintain a Restricted Stock Unit account, as a bookkeeping account on its records, for the Grantee and shall record in such account the number of Stock Units granted to the Grantee. No shares of Company Stock shall be issued to the Grantee at the time the grant is made, and the Grantee shall not be, nor have any of the rights or privileges of, a stockholder of the Company with respect to any Stock Units recorded in the account. The Grantee shall not have any interest in any fund or specific assets of the Company by reason of this award or the Restricted Stock Unit account established for the Grantee.
Restricted Stock Unit Account. Restricted Stock Units represent hypothetical shares of Common Stock, and not actual shares of stock. The Company shall establish and maintain a restricted stock unit account (the “RSU Account”), as a bookkeeping account on its records, for the Grantee and shall record in such account the number of Restricted Stock Units granted to the Grantee. The Grantee shall not have any interest in any fund or specific assets of the Company by reason of this award or the RSU Account established for the Grantee.
Restricted Stock Unit Account. Each Restricted Stock Unit represents one hypothetical share of common stock of the Company (“Common Stock”). The Restricted Stock Units represent hypothetical shares and not actual shares of Common Stock. The Company shall establish and maintain a Restricted Stock Unit account as a bookkeeping account on its records for the Participant and shall record in such account the number of Restricted Stock Units granted to the Participant. No shares of Common Stock shall be issued to the Participant at the time of grant, and the Participant shall not be, nor have any of the rights or privileges of, a shareholder of the Company with respect to any Restricted Stock Units recorded in the account. The Participant shall not have any interest in any specific assets of the Company by reason of this award or the Restricted Stock Unit account established for the Participant.
Restricted Stock Unit Account. Restricted Units represent hypothetical shares of POZEN Common Stock, and not actual shares of stock. POZEN shall establish and maintain a Restricted Unit account, as a bookkeeping account on its records, for the Grantee and shall record in such account the number of Restricted Units awarded to the Grantee. No shares of Common Stock shall be issued to the Grantee at the time the award is made, and the Grantee shall not be, nor have any of the rights or privileges of, a stockholder of POZEN or the right to vote, with respect to any Restricted Units recorded in the account. The Grantee shall not have any interest in any fund or specific assets of POZEN by reason of this award or the Restricted Unit account established for the Grantee.
Restricted Stock Unit Account. RSUs represent hypothetical shares of Company common stock on a one-for-one basis, and are not actual shares of stock. The Company shall establish and maintain a RSU account, as a bookkeeping account on its records, for the Purchaser and shall record in such account the number of RSUs granted to the Purchaser. No shares of stock shall be issued to the Purchaser at the time the award is made, and the Purchaser shall not be, nor have any of the rights or privileges of, a stockholder of the Company with respect to any RSUs recorded in the account. The Purchaser shall not have the right to receive any dividends or other distributions with respect to hypothetical shares of stock recorded in the RSU account. The Purchaser shall not have any interest in any fund or specific assets of the Company by reason of this award or the RSU account established for the Purchaser.
Restricted Stock Unit Account. The Company shall establish and maintain a RSU account as a bookkeeping account on its records (the “RSU Account”) for the Grantee and shall record in such RSU Account the number of RSUs granted to the Grantee pursuant to this Agreement. The Grantee shall not have any interest in any fund or specific assets of the Company by reason of this grant or the RSU Account established for the Grantee.