Settlement Payment Contract Clauses (149)

Grouped Into 1 Collection of Similar Clauses From Business Contracts

This page contains Settlement Payment clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Settlement Payment. (a) RSUs. Subject to the terms of the Plan and this Award Agreement, including, without limitation, Section 4 hereof, and to the extent that it would not cause a violation of Section 409A, each RSU shall be settled by the issuance of a Share as soon as practicable following the Vesting Date, and in all events no later than sixty (60) days following the Vesting Date, as determined solely by the Company (the date of settlement, the "Settlement Date"). RSUs settled via Share issuance shall be... distributed to the Participant or the Participant's legal representative; provided, that the Company may, at its election, either (a) on or after the Settlement Date, issue a certificate representing the Shares subject to this Award Agreement, or (b) not issue any certificate representing Shares subject to this Award Agreement and instead document the Participant's or the Participant's legal representative's interest in the Shares by registering the Shares with the Company's transfer agent (or another custodian selected by the Company) in book-entry form. RSU Agreement – [●] (b) Award Subject to Clawback Policy. The Participant agrees and acknowledges that the Participant is bound by, and the Award is subject to, any clawback policy adopted by the Committee from time to time. View More Arrow
Found in Dave & Buster's Entertainment, Inc. contract
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Settlement Payment. (a) RSUs. Subject to the terms of the Plan and this Award Agreement, including, without limitation, Section 4 hereof, and to the extent that it would not cause a violation of Section 409A, each Earned RSU shall be settled by the issuance of a Share as soon as practicable following the Vesting Closing Date, and in all events no later than sixty (60) days following the Vesting Date, [●], as determined solely by the Company (the date of settlement, the "Settlement Date"). Earned RSUs settled via... Share issuance shall be converted into an equivalent number of Shares, which will be distributed to the Participant or the Participant's legal representative; provided, that the representative. The Company may, may at its election, election either (a) on or after the Settlement Date, issue a certificate representing the Shares subject to this Award Agreement, or (b) not issue any certificate representing Shares subject to this Award Agreement and instead document the Participant's or the Participant's legal representative's interest in the Shares by registering the Shares with the Company's transfer agent (or another custodian selected by the Company) in book-entry form. RSU Agreement – [●] (b) Cash Award. Subject to the terms of the Plan and this Award Agreement, including, without limitation, Section 4 hereof, and to the extent that it would not cause a violation of Section 409A, any Earned Cash Amount shall be paid to the Participant or the Participant's legal representative on the Settlement Date. (c) Award Subject to Clawback Policy. The Participant agrees and acknowledges that the Participant is bound by, and the Award is subject to, any clawback policy adopted by the Committee from time with respect to time. performance-based compensation. View More Arrow
Found in Dave & Buster's Entertainment, Inc. contract
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