Restricted Unit. Each Restricted Unit represents the Employee's right to receive, under the terms and conditions described in this Agreement, payment of one share of the Company's Class A Common Stock (the "Common Stock") upon vesting of such Restricted Unit.
Appears in 2 contracts
Sources: Restricted Stock Unit Award Agreement (Alpharma Inc), Performance Based Restricted Stock Unit Award Agreement (Alpharma Inc)
Restricted Unit. Each Restricted Unit represents the Employee's right to receive, under the terms and conditions described in this Agreement, payment of one share of the Company's Class A Common Stock (the "Common Stock") upon vesting of such Restricted Unit.
Appears in 1 contract
Sources: Revised Performance Based Restricted Stock Unit Award Agreement (Alpharma Inc)