Common use of Stock Unit Grant Clause in Contracts

Stock Unit Grant. Subject to the terms and conditions set forth in this Agreement and the Plan, RCM hereby grants to the Participant _______ restricted stock units (the “Stock Units”). The Stock Units will become vested and convertible into shares of RCM Stock if, and only to the extent that, the vesting conditions set forth in Paragraph 3 of this Agreement are met and the other terms and conditions of this Agreement are satisfied. Each Stock Unit shall be a phantom right and shall entitle the Participant to receive one share of RCM Stock on the applicable distribution date, as described in Paragraph 4 below.

Stock Unit Grant. Subject to the terms and conditions set forth in this Agreement and the Plan, RCM hereby grants to the Participant _________ restricted stock units (the “Stock Units”). The Stock Units will become vested and convertible into shares of RCM Stock if, and only to the extent that, the vesting conditions set forth in Paragraph 3 of this Agreement are met and the other terms and conditions of this Agreement are satisfied. Each Stock Unit shall be a phantom right and shall entitle the Participant to receive one share of RCM Stock on the applicable distribution date, as described in Paragraph 4 below.