![]() Notice and Section 12(c)(iii) of the Plan, the Participant or a Permitted Transferee of the Restricted Stock Units shall have no rights as a shareholder with respect to any share of Common Stock underlying a Restricted Stock Unit unless and Subject to any dividend equivalent payments to be provided to the Participant in accordance with the Grant ![]() Whatsoever, but immediately upon such assignment or transfer the Restricted Stock Units shall terminate and become of no further effect.ħ. Herein, no assignment or transfer of the Restricted Stock Units, or of the rights represented thereby, whether voluntary or involuntary, by operation of law or otherwise, shall vest in the assignee or transferee any interest or right herein The Restricted Stock Units are not transferable by the Participant except to Permitted Transferees in accordance with Section 12(b) of the Plan. Participant shall be deemed to include such person or person. (b) Whenever the word Participant is used in any provision of this Restricted Stock Unit Agreement underĬircumstances where the provision should logically be construed to apply to the executors, the administrators, or the person or persons to whom the Restricted Stock Units may be transferred in accordance with Section 12(b) of the Plan, the word (a) The term ∼ompany as used in this Restricted Stock Unit Agreement with reference to service shall include the Company and its Upon a Termination, the Restricted Stock Units shall be treated in accordance ![]() Treatment of Restricted Stock Units Upon Termination. Until such issuance or transfer complies with all relevant provisions of law and the requirements of any stock exchange on which the Companys shares of Common Stock are listed for trading.Ĥ. Notwithstanding anything in this Restricted Stock Unit Agreement to the contrary, the Company shall have no obligation to issue or transfer any shares of Common Stock as contemplated by this Restricted Stock Unit Agreement unless and To be delivered, to the Participant a certificate or certificates therefor, registered in the Participants name or (b) cause such shares of Common Stock to be credited to the Participants account at the third party planĪdministrator. The Company shall either (a) deliver, or cause Plan, the Company will deliver to the Participant, without charge, as soon as reasonably practicable (and, in any event, within two and one-half months) following the applicable vesting date, one share ofĬommon Stock for each Restricted Stock Unit (as adjusted under the Plan, as applicable) which becomes vested hereunder and such vested Restricted Stock Unit shall be cancelled upon such delivery. Subject to any election by the Committee pursuant to Section 8(d)(ii) of the Subject to the conditions contained herein and in the Plan, the Restricted Stock Units shall vest as provided in the Grantģ. The Company reserves all rights with respect to the granting of additional Restricted Stock Units hereunder and makes no implied promise to grant additional Restricted Stock Units.Ģ. Restricted Stock Units to the Participant under this Restricted Stock Unit Agreement by providing the Participant with a new grant notice, which may also include any terms and conditions differing from this Restricted Stock Unit Agreement to theĮxtent provided therein. The Company may make one or more additional grants of The Participant the number of Restricted Stock Units provided in the Grant Notice (with each Restricted Stock Unit representing an unfunded, unsecured right to receive one share of Common Stock). Subject to the terms and conditions set forth herein and in the Plan, the Company hereby grants to ![]() Capitalized terms not otherwise defined herein shall have the same meaning as set forth in the Plan.ġ. Plan), the Company and the Participant agree as follows. 2021 Equity Incentive Plan, as it may be amended and restated from time to time (the Notice), and subject to the terms of this Restricted Stock Unit Agreement (this Restricted Stock Unit Agreement) and the Candela Medical, Inc. Pursuant to the Restricted Stock Unit Grant Notice (the Grant Notice) delivered to the Participant (as defined in the Grant The Restricted Stock Units shall be credited with cash dividend equivalent payments, as provided in Section 12(c)(iii) of the Plan. Capitalized terms not otherwise defined herein shall have Set forth herein, in the Restricted Stock Unit Agreement (attached hereto or previously provided to the Participant), and in the Plan, all of which are incorporated herein in their entirety. The Restricted Stock Units are subject to all of the terms and conditions as Candela Medical, Inc., a Delaware corporation (the Company), pursuant to its 2021 Equity Incentive Plan, as it may beĪmended and restated from time to time (the Plan), hereby grants to the Participant set forth below the number of Restricted Stock Units set forth below.
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