Common use of Additional Commitments Clause in Contracts

Additional Commitments. If applicable, the Participant agrees, prior to the vesting of the Restricted Stock Units granted pursuant to this Award Agreement that he or she shall deliver to the Secretary of the Company or the Secretary’s office, or such other place as may be determined by the Committee, payment in cash (via cashier’s check or such other form acceptable to the Company), or such other method as the Committee may approve, for the Withholding Obligation, if the Participant desires to pay the Withholding Obligation in lieu of the Company exercising its entitlement in the first sentence of Section 6 hereof.

Appears in 22 contracts

Samples: Employment Agreement (BurgerFi International, Inc.), Employment Agreement (BurgerFi International, Inc.), Restricted Stock Unit Award Agreement (BurgerFi International, Inc.)

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Additional Commitments. If applicable, the Participant agrees, prior to the vesting of the Restricted Stock Units granted pursuant to this Award Agreement that he or she shall deliver to the Secretary of the Company or the Secretary’s office, or such other place as may be determined by the Committee, payment in cash (via cashier’s check or such other form acceptable to the Company), or such other method as the Committee may approve, for the Withholding Obligation, Obligation if the Participant desires to pay the Withholding Obligation in lieu of the Company exercising its entitlement in the first sentence of Section 6 hereof.

Appears in 3 contracts

Samples: Restricted Stock Unit Award Agreement (BurgerFi International, Inc.), Restricted Stock Unit Award Agreement (BurgerFi International, Inc.), Restricted Stock Unit Award Agreement (BurgerFi International, Inc.)

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