Common use of ▇▇▇▇▇ of Restricted Stock Units Clause in Contracts

▇▇▇▇▇ of Restricted Stock Units. The Company has granted to Grantee the number of Restricted Stock Units set forth above, subject to the terms of this Agreement. The Restricted Stock Units granted under this Agreement are payable only in shares of common stock, par value $0.01 per share, of the Company (or any security into which such common stock may be changed by reason of any transaction or event of the type referred to in Section II.A.5 of this Agreement) (“Common Stock”), as described in Section II.A.2.

Appears in 2 contracts

Sources: Employment Agreement (Trimas Corp), Restricted Stock Units Inducement Award Agreement (Trimas Corp)