Common use of Restricted Stock Unit Account Clause in Contracts

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.

Appears in 32 contracts

Sources: Performance Based Restricted Stock Unit Agreement (OPENLANE, Inc.), Performance Based Restricted Stock Unit Agreement (OPENLANE, Inc.), Performance Based Restricted Stock Unit Agreement (KAR Auction Services, Inc.)

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.

Appears in 1 contract

Sources: Restricted Stock Unit Agreement (SPX Corp)