Back to top

VNUS MEDICAL TECHNOLOGIES, INC. AMENDED AND RESTATED 2000 EQUITY INCENTIVE PLAN RESTRICTED STOCK UNIT AWARD GRANT NOTICE AND RESTRICTED STOCK UNIT AWARD AGREEMENT

Stock Restriction Agreement

VNUS MEDICAL TECHNOLOGIES, INC. AMENDED AND RESTATED 2000 EQUITY INCENTIVE PLAN  RESTRICTED STOCK UNIT AWARD GRANT NOTICE AND RESTRICTED STOCK UNIT AWARD AGREEMENT | Document Parties: VNUS MEDICAL TECHNOLOGIES INC You are currently viewing:
This Stock Restriction Agreement involves

VNUS MEDICAL TECHNOLOGIES INC

. RealDealDocs™ contains millions of easily searchable legal documents and clauses from top law firms. Search for free - click here.
Title: VNUS MEDICAL TECHNOLOGIES, INC. AMENDED AND RESTATED 2000 EQUITY INCENTIVE PLAN RESTRICTED STOCK UNIT AWARD GRANT NOTICE AND RESTRICTED STOCK UNIT AWARD AGREEMENT
Governing Law: Delaware     Date: 10/11/2005
Industry: Medical Equipment and Supplies     Sector: Healthcare

VNUS MEDICAL TECHNOLOGIES, INC. AMENDED AND RESTATED 2000 EQUITY INCENTIVE PLAN  RESTRICTED STOCK UNIT AWARD GRANT NOTICE AND RESTRICTED STOCK UNIT AWARD AGREEMENT, Parties: vnus medical technologies inc
50 of the Top 250 law firms use our Products every day
 

Exhibit 10.1

VNUS MEDICAL TECHNOLOGIES, INC.
AMENDED AND RESTATED 2000 EQUITY INCENTIVE PLAN

RESTRICTED STOCK UNIT AWARD GRANT NOTICE AND
RESTRICTED STOCK UNIT AWARD AGREEMENT

     VNUS Medical Technologies, Inc. (the “ Company ”), pursuant to the VNUS Medical Technologies, Inc. Amended and Restated 2000 Equity Incentive Plan (the “ Plan ”), hereby grants to the holder listed below (“ Holder ”), the number of Restricted Stock Units set forth below (the “ Restricted Stock Units ”). The Restricted Stock Units are subject to all of the terms and conditions as set forth herein and in the Restricted Stock Unit Award Agreement attached hereto as Exhibit A (the “ Restricted Stock Unit Agreement ”) and the Plan, each of which are incorporated herein by reference. Unless otherwise defined herein, the terms defined in the Plan shall have the same defined meanings in this Grant Notice and the Restricted Stock Unit Agreement.

 

 

 

Holder:

 

 

 

 

Grant Date:

 

 

 

 

Total Number of

 

 

Restricted Stock Units:

 

 

 

 

 

 

 

 

Vesting Schedule:

 

The Restricted Stock Units shall vest in a series of ___ installments upon your completion of each ___of continuous service to the Company as a Service Provider over the ___-year period measured from the Grant Date. In no event shall any additional Restricted Stock Units vest following the date you cease to remain a Service Provider for any reason.

 

 

 

Distribution Schedule:

 

The Restricted Stock Units shall be distributable in accordance with Section 2.3 of the Restricted Stock Unit Agreement.

     By his or her signature below, Holder agrees to be bound by the terms and conditions of the Plan, the Restricted Stock Unit Agreement and this Grant Notice. Holder has reviewed the Restricted Stock Unit Agreement, the Plan and this Grant Notice in their entirety, has had an opportunity to obtain the advice of counsel prior to executing this Grant Notice and fully understands all provisions of this Grant Notice, the Restricted Stock Unit Agreement and the Plan. Holder hereby agrees to accept as binding, conclusive and final all decisions or interpretations of the Administrator of the Plan upon any questions arising under the Plan, this Grant Notice or the Restricted Stock Unit Agreement.

 

 

 

 

 

 

 

VNUS MEDICAL TECHNOLOGIES, INC.

 

HOLDER:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

By:

 

 

 

By:

 

 

 

 

 

 

 

 

 

Print Name:

 

 

 

Print Name:

 

 

 

 

 

 

 

 

 

Title:

 

 

 

Address:

 

 

 

 

 

 

 

 

 

Address:

 

2200 Zanker Road, Suite F

 

 

 

 

 

 

 

 

 

 

 

 

 

San Jose, California 95131

 

 

 

 

 


 

EXHIBIT A

TO RESTRICTED STOCK UNIT AWARD GRANT NOTICE

RESTRICTED STOCK UNIT AWARD AGREEMENT

     Pursuant to the Restricted Stock Unit Award Grant Notice (“ Grant Notice ”) to which this Restricted Stock Unit Award Agreement (this “ Agreement ”) is attached, VNUS Medical Technologies, Inc. (the “ Company ”) has granted to Holder the number of Restricted Stock Units under the VNUS Medical Technologies, Inc. Amended and Restated 2000 Equity Incentive Plan (the “ Plan ”) indicated in the Grant Notice.

ARTICLE I

GENERAL

     1.1 Defined Terms . Capitalized terms not specifically defined herein shall have the meanings specified in the Plan and the Grant Notice.

     1.2 Incorporation of Terms of Plan . The Restricted Stock Units and the shares of Common Stock issuable with respect thereto are subject to the terms and conditions of the Plan, which are incorporated herein by reference.

ARTICLE II

GRANT, VESTING AND DISTRIBUTION OF RESTRICTED STOCK UNITS

     2.1 Grant of Restricted Stock Units . In consideration of Holder’s past and/or continued employment with or service to the Company or its Subsidiaries and for other good and valuable consideration, effective as of the Grant Date set forth in the Grant Notice (the “Grant Date”), the Company irrevocably grants to Holder an award of the number of Restricted Stock Units indicated in the Grant Notice, subject to all of the terms and conditions in the Plan and this Agreement. A Restricted Stock Unit shall represent the right to receive a share of Common Stock at the time the Restricted Stock Unit is available for distribution on a deferred basis in accordance with the terms and conditions of the Plan and this Agreement.

     2.2 Vesting of Restricted Stock Units . The Restricted Stock Units shall vest in accordance with the vesting schedule set forth in the Grant Notice. Unless and until the Restricted Stock Units have vested in accordance with the vesting schedule set forth in the Grant Notice, Holder will have no right to any distribution with respect to such Restricted Stock Units. In the event Holder’s continuous status as a Service Provider terminates prior to the vesting of all of the Restricted Stock Units, any Restricted Stock Units which remain unvested at such time will terminate automatically and be forfeited without further notice and at no cost to the Company.

     2.3 Distribution of Common Stock .

          (a) Subject to the terms and conditions of the Plan and this Agreement, the shares of Common Stock underlying the Restricted Stock Units shall be distributed to Holder (or in the event of Holder’s death, to his or her estate) on or before the thirtieth day following the date such Restricted Stock Units vest (each vesting occurrence, a “ Distribution Event ”).

 


 

          (b) All distributions shall be made by the Company in the form of whole shares of Common Stock (and cash in an amount equal to the value of any fractional Restricted Stock Unit, determined based on the Fair Market Value as of the distribution date).

          (c) Notwithstanding the foregoing, shares of Common Stock shall be issuable pursuant to a Restricted Stock Unit at such times and upon such events as are specified in this Agreement only to the extent issuance under such terms will not cause the Restricted Stock Units or the shares of Common Stock issuable pursuant to the Restricted Stock Units to be includible in the gross income of Holder under Section 409A of the Code prior to such times or the occurrence of such events, as permitted by the Code and the regulations and other guidance thereunder.

     2.4 Restrictions on Transfer . Unless otherwise permitted by the Administrator pursuant to the Plan, no Restricted Stock Units or shares of Common Stock issuable with respect thereto or any interest or right therein or part thereof shall be liable for the debts, contracts or engagements of Holder or his or her successors in interest or shall be subject to disposition by transfer, alienation, anticipation, pledge, encumbrance, assignment or any other means whether such disposition be voluntary or involuntary or by operation of law by judgment, levy, attachment, garnishment or any other legal or equitable proceedings (including bankruptcy), and any attempted disposition thereof shall be null and void and of no effect.

     2.5 Conditions to Issu


 
SITE SEARCH

AGREEMENTS / CONTRACTS

Document Title:

Entire Document: (optional)

Governing Law:(optional)


Try our advanced search >>
 

CLAUSES

Search Contract Clauses >>

Browse Contract Clause Library>>

Get Email Updates
Email:
This is only a partial view of this document. We have millions of legal documents and clauses drafted by top law firms. learn more search for free browse for free learn more