Delivery of Stock Contract Clauses (96)

Grouped Into 4 Collections of Similar Clauses From Business Contracts

This page contains Delivery of Stock clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Delivery of Stock. Subject to Section 10(b), the Company shall, as soon as practicable following the vesting of the PSUs or any portion thereof as provided in Section 4(a), (b) or (c) of this Agreement (but in no event later than thirty (30) days following the date on which such PSUs, or any portion thereof, vest) effect delivery of the Stock with respect to such vested PSUs, or any portion thereof, to the Grantee (or, in the event of the Grantee's death, to the Grantee's beneficiary, which for purposes hereunder ...shall be (a) if permitted by the Administrator, the person(s) who has been designated by the Grantee in writing in a form and manner acceptable to the Administrator to receive the Award in the event of the Grantee's death or (b) in the event no beneficiary designation has been made by the Grantee, the Grantee's estate). No Stock will be issued pursuant to this Award unless and until the Compensation Committee completes the written certification set forth in Section 6 below and all legal requirements applicable to the issuance or transfer of such 4 Stock have been complied with to the satisfaction of the Administrator, including, the for the avoidance of doubt to the extent required by Luxembourg law, the payment by the Grantee to the Company of an amount in cash equal to the aggregate par value of the shares of Stock to be delivered in respect of the vested PSUs on, or within thirty (30) days of, the settlement of shares of Stock. The actual amount the Grantee will be required to pay will be determined at the time that the Award is settled with shares of Stock. View More
Delivery of Stock. Subject to Section 10(b), 9(b), the Company shall, as soon as practicable following upon the vesting of the PSUs Restricted Stock Units or any portion thereof as provided in Section 4(a), (b) or (c) of this Agreement (but in no event later than thirty (30) days following the date on which such PSUs, Restricted Stock Units, or any portion thereof, vest) effect delivery of the Stock with respect to such vested PSUs, Restricted Stock Units, or any portion thereof, to the Grantee (or, in the event o...f the Grantee's death, to the Grantee's beneficiary, which for purposes hereunder shall be (a) if permitted by the Administrator, the person(s) who has been designated by the Grantee in writing in a form and manner acceptable to the Administrator to receive the Award in the event of the Grantee's death or (b) in the event no beneficiary designation has been made by the Grantee, the Grantee's estate). No Stock will be issued pursuant to this Award unless and until the Compensation Committee completes the written certification set forth in Section 6 below and all legal requirements applicable to the issuance or transfer of such 4 Stock have been complied with to the satisfaction of the Administrator, including, the for the avoidance of doubt to the extent required by Luxembourg law, the payment by the Grantee to the Company of an amount in cash equal to the aggregate par value of the shares of Stock to be delivered in respect of the vested PSUs Restricted Stock Units on, or within thirty (30) days of, the settlement vesting of shares of Stock. the Restricted Stock Units. The actual amount the Grantee will be required to pay will be determined at the time that the Award is settled with shares vests based on the par value of Stock. the Company's Stock on the Vesting Date. -4- 6. Forfeiture; Recovery of Compensation. By accepting the Award the Grantee expressly acknowledges and agrees that his or her rights (and those of any permitted transferee) under the Award or to any Stock acquired under the Award or any proceeds from the disposition thereof, are subject to Section 6(a)(5) of the Plan (including any successor provision). Nothing in the preceding sentence shall be construed as limiting the general application of Section 11 of this Agreement. View More
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Delivery of Stock. Certificates or evidence of book-entry shares representing the Stock issued upon settlement of RSUs pursuant to Section 4 of this Agreement will be delivered to or otherwise made available to the Grantee (or, at the discretion of the Grantee, joint in the names of the Grantee and the Grantee's spouse) or to the Grantee's nominee at such person's request. Delivery of shares of Stock under this Agreement will comply with all applicable laws (including, the requirements of the Securities Act), and ...the applicable requirements of any securities exchange or similar entity. View More
Delivery of Stock. Certificates or evidence of book-entry shares representing the Stock issued upon settlement of RSUs pursuant to Section 4 of this Agreement will be delivered to or otherwise made available to the Grantee (or, at the discretion of the Grantee, joint in the names of the Grantee and the Grantee's spouse) or to the Grantee's nominee at such person's request. Delivery of shares of Stock under this Agreement will comply with all applicable laws (including, the requirements of the Securities Act), Act ...of 1933, as amended (the "Securities Act")), and the applicable requirements of any securities exchange or similar entity. View More
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Delivery of Stock. Promptly following the expiration of the restrictions on the Restricted Shares as contemplated in Section 5 of this Agreement, the Company shall cause to be issued and delivered to you or your designee a certificate or other evidence of the number of Restricted Shares as to which restrictions have lapsed, free of any restrictive legend relating to the lapsed restrictions, upon receipt by the Company of any tax withholding as may be requested pursuant to Section 9. The value of such Restricted Sh...ares shall not bear any interest owing to the passage of time. View More
Delivery of Stock. Promptly following the expiration of the restrictions on the Restricted Shares as contemplated in pursuant to Section 5 or 6(b) of this Agreement, the Company shall cause to be issued and delivered to you or your designee a certificate or other evidence of the number of Restricted Shares as to which restrictions have lapsed, lapsed (i.e., shares of Stock), free of any restrictive legend relating to the lapsed restrictions, upon receipt by the Company of any tax withholding as may be requested du...e pursuant to Section 9. The value of such Restricted Shares Stock shall not bear any interest owing to the passage of time. View More
Delivery of Stock. Promptly following the expiration of the restrictions on the Restricted Shares Stock as contemplated in Section 5 4 of this Agreement, the Company shall cause to be issued and delivered to you the Participant or your the Participant's designee a certificate or other evidence of the number of whole shares of Restricted Shares Stock as to which restrictions have lapsed, free of any restrictive legend relating to the lapsed restrictions, upon receipt by the Company of any tax withholding as may be ...requested pursuant to Section 9. 8 of this Agreement. The value of such Restricted Shares Stock shall not bear any interest owing interest, and the Company shall not have any liability to the Participant other than to deliver the Restricted Stock and associated dividends, if any, because of to the passage of time. time or any delay in delivery. View More
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Delivery of Stock. The Company shall deliver to the Grantee as soon as practicable upon the vesting of the Restricted Stock Units (or any portion thereof), but in all events no later than thirty (30) days following the date on which such Restricted Stock Units vest, one share of Stock with respect to each such vested Restricted Stock Unit, subject to the terms of the Plan and this Agreement.
Delivery of Stock. The Company shall deliver to the Grantee as soon as practicable upon the vesting of the Restricted Stock Units (or or any portion thereof), thereof, but in all events no later than thirty (30) days March 15th of the year following the date on year in which such Restricted Stock Units vest, one share of Stock with respect to each such vested Restricted Stock Unit, subject to the terms of the Plan and this Agreement.
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