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  • 2006 Equity Plan-rsu Agr-employees Performance Final .d - Sec

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Units ("Performance Stock Units") to (the "Grantee") in accordance with the terms of this agreement (the "Agreement"). (b) A Performance Stock Unit represents the right to receive a share of the Company's common stock ("Share") at a future date and time, subject to the vesting provisions provided herein. (c) The grant is effective as of , 2006 (the "Grant Date"). (d) The three-year performance period applicable to this grant is , 200 to.

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Your company will grant you a set number of performance shares up front, which is called a target amount. Awards are subsequently adjusted up or down based on your company's performance or your individual performance. Typically, the better your company performs, the more shares you'll receive.

RSUs offer employees the opportunity for financial gain if the company performs well and the stock price increases. Unlike traditional stock options, which may require employees to pay upfront to receive the actual stock, RSUs do not require employees to pay anything to receive them.

Selling RSUs immediately upon vesting is a common approach for many individuals. The reason behind this strategy is to avoid any potential decline in the company's stock value. By selling right away, you can lock in the value of your shares and mitigate potential risks tied to stock market fluctuations.

RSUs have no actual financial value to the employee when issued. However, once they vest, employees can receive shares of stock or, less commonly, an equivalent value in cash. Until the RSUs vest, they remain an unfunded promise to compensate the recipient at some point in the future.

For example, an RSU grant might vest 25% each year over four years, with the first portion vesting after the first year and subsequent portions vesting quarterly or annually after that. In cliff-based vesting, there is a waiting period, typically one year, before any RSUs begin to vest.

A restricted stock unit (RSU) is an award of stock shares, usually given as a form of employee compensation. The recipient must meet certain conditions before the restricted stock units are transferred to the owner.

With RSUs, there's usually a clear vesting and delivery schedule you can count on for estimating taxes and engaging in financial planning. With performance award delivery, it may take time for your company to verify whether you've met your metrics.

Restricted Stock Units (RSUs): RSUs promise an employee common company stock based on certain vesting conditions. These conditions typically pass a specific time or vesting period. Employees rarely have to pay for RSUs, but they do not own the shares until the vesting period ends.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232