CSC RSUs definition
Examples of CSC RSUs in a sentence
CSC shall be responsible for all Liabilities associated with CSC RSUs, including any share delivery, registration or other obligations related to the settlement of the CSC RSUs.
The terms and conditions to which the CSC RSUs or the Computer Sciences GS RSUs, as applicable, are subject shall be substantially the same terms and conditions as in effect for the corresponding CSC RSUs immediately prior to the Effective Time.
CSC RSUs, regardless of by whom held, shall be replaced at the Effective Time with (i) a CSC RSU, (ii) an award under the Computer Sciences GS Equity Plan of a number of Computer Sciences GS restricted stock units (the “Computer Sciences GS RSUs”) equal to the number of CSC RSUs subject to each grant, and (iii) $10.50 in cash per Computer Sciences GS RSU (with CSC and Computer Sciences GS each contributing a portion of such amount).
The terms and conditions to which the Adjusted CSC RSUs or the Computer Sciences GS RSUs, as applicable, are subject shall be substantially the same terms and conditions as in effect for the corresponding CSC RSUs immediately prior to the Effective Time.
If the resulting quotient includes a fractional share, the number of Adjusted CSC RSUs or Computer Sciences GS RSUs, as applicable, shall be rounded down to the nearest whole share.
CSC RSUs, regardless of by whom held, shall be replaced at the Effective Time with (i) a CSC RSU, (ii) an award under the CSRA Equity Plan of a number of CSRA restricted stock units (the “CSRA RSUs”) equal to the number of CSC RSUs subject to each grant, and (iii) $10.50 in cash per CSRA RSU (with CSC and CSRA each contributing a portion of such amount).
The terms and conditions to which the CSC RSUs or the CSRA RSUs, as applicable, are subject shall be substantially the same terms and conditions as in effect for the corresponding CSC RSUs immediately prior to the Effective Time.