This excerpt taken from the NATI 10-Q filed Aug 2, 2006.
(Newly Hired Employee)
Grant Number: «RSU_Number»
National Instruments Corporation (the Company) hereby grants you, «First» «Middle» «Last» (the Participant), an award of restricted stock units (Restricted Stock Units) under the National Instruments Corporation 2005 Incentive Plan (the Plan). Subject to the provisions of Appendix A (attached) and of the Plan, the principal features of this Award are as follows:
Date of Grant:
Number of Restricted Stock Units: «RSU_Shares»
Vesting Commencement Date: May 1, 200[__]
Vesting of Restricted Stock Units: The Restricted Stock Units will vest according to the following schedule:
Subject to any accelerated vesting provisions in the Plan, the Restricted Stock Units will vest as follows:
Unless otherwise defined herein or in Appendix A, capitalized terms herein or in Appendix A will have the defined meanings ascribed to them in the Plan.
The Companys obligation to deliver Shares pursuant to this Award of Restricted Stock Units is subject to all of the terms and conditions contained in Appendix A and the Plan. Before the Company delivers any Shares pursuant to this Restricted Stock Unit Award Agreement, you must click on the link to each of the documents required for acceptance, including, without limitation, the Restricted Stock Unit Award Agreement and Appendix A thereto, the Plan, and, if applicable, the Restricted Stock Unit Award Tax Obligations and the Data Privacy Consent (collectively, the Award Documents) and review each. PLEASE BE SURE TO READ APPENDIX A, WHICH CONTAINS THE SPECIFIC TERMS AND CONDITIONS OF THIS AWARD.
By clicking the ACCEPT button, you agree to the following:
You acknowledge and agree that:
(a) you have been able to access and view the Award Documents and understand that all rights and obligations with respect to this Award are set forth in such documents;
(b) you agree to all terms and conditions contained in the Award Documents;
(c) the Award Documents set forth the entire understanding between the Company and you regarding this Award and your right to acquire Shares thereunder;
(d) if you are employed in or are otherwise subject to taxation in Finland, Norway, Switzerland or the United Kingdom on the date of this Award, you have previously executed an Agreement for the Transfer of Employers Share Award Tax Liability to the Employee, and you understand that this Award is subject to the terms of the Agreement for the Transfer of Employers Share Award Tax Liability; and
(e) you have previously executed an Employee Confidentiality Agreement as consideration for this Award.