Issuance of Shares of Common Stock Contract Clauses (50)

Issuance of Shares of Common Stock. Unless the RSUs are forfeited prior to the Vesting Date as provided in Sections 2 and 3 above, the RSUs will be payable in the form of Common Stock as soon as administratively practicable following the release of the Company's operating results for the [_____] fiscal year, but in no event later December 31, [_____] (the "Payment Date"). Each vested RSU will be payable in the form of one share of Common Stock on the Payment Date. Shares of Common Stock will be registered on the books of the Compa...ny in your name as of the Payment Date and delivered to you as soon as practical thereafter, in certificated or uncertificated form, as you shall direct. You understand that the Company will, and you hereby authorize the Company to, issue such instructions to its transfer agent as the Company may deem necessary or proper to comply with the intent and the purposes of this Award Notice. Notwithstanding the foregoing provisions of this Section 4, if you make a valid election to defer receipt of the Shares of Common Stock pursuant to the terms of a nonqualified deferred compensation plan maintained by the Company, payment of vested RSUs shall be made in accordance with that election and the terms of such nonqualified deferred compensation plan. View More