Vesting and Settlement Clause Example from Business Contracts

This example Vesting and Settlement clause appears in 4 contracts from 1 company

Vesting and Settlement. 2.1The RSUs shall vest in accordance with the schedule set forth below. 2.2Until the RSUs vest and are issued pursuant to the terms of this Award Agreement, the Recipient shall have no rights as a stockholder, such as the right to vote or to receive dividends in respect of the Stock covered by this Award. 2.3The Recipient's name shall be entered as the stockholder of record on the books and records of the transfer agent for the Company with respect to the Stock issuable pursuant to Section 2.1 o...nly upon compliance to the satisfaction of the Committee with all requirements under applicable laws or regulations in connection with such issuance and with the requirements of this Agreement and of the Plan. View More Arrow
Found in PNMAC Holdings, Inc. contract
PNMAC Holdings, Inc. Contracts

PennyMac Financial Services, Inc. 2013 EQUITY INCENTIVE PLAN Restricted Stock Unit Award Agreement (Filed With SEC on May 8, 2015)

PennyMac Financial Services, Inc. 2013 EQUITY INCENTIVE PLAN Restricted Stock Unit Award Agreement (Filed With SEC on May 8, 2015)

PennyMac Financial Services, Inc. 2013 EQUITY INCENTIVE PLAN Restricted Stock Unit Award Agreement (Filed With SEC on November 6, 2015)

PennyMac Financial Services, Inc. 2013 EQUITY INCENTIVE PLAN Restricted Stock Unit Award Agreement (Filed With SEC on November 6, 2015)