Passage of Time. While the Employee is employed with the Company or its Subsidiaries, the Restrictions on 100% of the Units will lapse on the third anniversary of the Grant Date. Subject to subsections (b) and (c) below, Units for which Restrictions have lapsed, as described in this subsection 4(a), shall be settled in the form of Shares on the date on which such Restrictions lapse (a “Delivery Date”).
Appears in 4 contracts
Samples: Restricted Stock Unit Agreement (AbbVie Inc.), Abbott Laboratories Restricted Stock Unit Agreement (Abbott Laboratories), Abbott Laboratories Restricted Stock Unit Agreement (Abbott Laboratories)
Passage of Time. While the Employee is employed with the Company or its Subsidiaries, the Restrictions on 100% of the Units will lapse on the third anniversary of the Grant Date. Subject to subsections (bb),(c) and (c) Section 5 below, Units for which Restrictions have lapsed, as described in this subsection 4(a), shall be settled in the form of Shares on the date on which such Restrictions lapse (a “Delivery Date”).
Appears in 1 contract
Samples: Abbott Laboratories Restricted Stock Unit Agreement (Abbott Laboratories)
