Settlement Clause Example from Business Contracts

This example Settlement clause appears in 5 contracts from 4 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 to you of the Shares vested under the RSUs. Fractional Shares will not be issued.
Found in OBALON THERAPEUTICS INC contract
OBALON THERAPEUTICS INC Contracts

Obalon Therapeutics, Inc. Amended and Restated 2016 Equity Incentive Plan (Filed With SEC on November 6, 2020)

Obalon Therapeutics, Inc. 2016 Equity Incentive Plan (Filed With SEC on September 26, 2016)

Upwork Inc. Contracts

Upwork Inc. 2018 Equity Incentive Plan (Filed With SEC on September 6, 2018)

Bloom Energy Corp Contracts

Bloom Energy Corporation 2018 Equity Incentive Plan (Filed With SEC on July 9, 2018)

FITBIT INC Contracts

Fitbit, Inc. 2015 Equity Incentive Plan (Filed With SEC on May 7, 2015)