Settlement Clause Example from Business Contracts

This example Settlement clause appears in 4 contracts from 3 companies

Settlement. Settlement of RSUs shall be made in the same calendar year as the applicable date of vesting under the vesting schedule set forth in the Notice; provided, however, that if the vesting date under the vesting schedule set forth in the Notice is in December, then settlement of any RSUs that vest in December shall be within 30 days of vesting. Settlement of RSUs shall be in Shares. Settlement means the delivery of the Shares vested under an RSU. No fractional RSUs or rights for fractional Shares sha...ll be created pursuant to this RSU Agreement. View More
Dermira, Inc. Contracts

DERMIRA, INC. 2014 EQUITY INCENTIVE PLAN (Filed With SEC on November 12, 2014)

DERMIRA, INC. 2014 EQUITY INCENTIVE PLAN (Filed With SEC on September 19, 2014)