Common use of Conversion into Common Stock Clause in Contracts

Conversion into Common Stock. (a) Shares of Common Stock will be issued or become free of restrictions as soon as practicable following vesting of the RSUs, provided that you have satisfied your tax withholding obligations as specified under Section 10 of these Standard Terms and you have completed, signed and returned any documents and taken any additional action that the Administrator reasonably deems appropriate to enable it to accomplish the delivery of the shares of Common Stock. The shares of Common Stock will be issued in your name (or may be issued to your executor or personal representative or other applicable party, as permitted in Section 11, in the event of your death or Permanent Disability), and may be effected by recording shares on the stock records of the Company or by crediting shares in an account established on your behalf with a brokerage firm or other custodian, in each case as determined by the Administrator. In no event will the Company be obligated to issue a fractional share. (b) Notwithstanding the foregoing, (i) the Company shall not be obligated to deliver any shares of Common Stock during any period when the Administrator reasonably determines that the conversion of an RSU or the delivery of shares hereunder would violate any federal, state or other applicable laws and/or may issue shares subject to any restrictive legends that, as reasonably determined by the Company’s counsel, is necessary to comply with securities or other regulatory requirements, and (ii) the date on which shares are issued may include a reasonable delay in order to provide the Company such time as it reasonably determines appropriate to address tax withholding and other administrative matters.

Conversion into Common Stock. (a) Shares of Common Stock will be issued or become free of restrictions as soon as practicable following vesting of the RSUsPSUs (or, in the event of vesting acceleration for death or Disablement, the original vesting date, as specified in Exhibit A), provided that you have satisfied your tax withholding obligations as specified under Section 10 of these Standard Terms this Agreement and you have completed, signed and returned any documents and taken any additional action that the Administrator reasonably Corporation deems appropriate to enable it to accomplish the delivery of the shares of Common Stock. The shares of Common Stock will be issued in your name (or may be issued to your executor or personal representative or other applicable party, as permitted in Section 11representative, in the event of your death or Permanent DisabilityDisablement), and may be effected by recording shares on the stock records of the Company Corporation or by crediting shares in an account established on your behalf with a brokerage firm or other custodian, in each case as determined by the AdministratorCorporation. In no event will the Company Corporation be obligated to issue a fractional share. (b) . Notwithstanding the foregoing, (i) the Company shall Corporation will not be obligated to deliver any shares of the Common Stock during any period when the Administrator reasonably Corporation determines that the conversion of an RSU a PSU or the delivery of shares hereunder would violate any federal, state laws of the United States or other applicable laws your country of residence and/or employment and/or may issue shares subject to any restrictive legends that, as reasonably determined by the CompanyCorporation’s counsel, is necessary to comply with securities or other regulatory requirements, and (ii) the date on which shares are issued may include a reasonable delay in order to provide the Company Corporation such time as it reasonably determines appropriate to address tax withholding and other administrative matters.

Conversion into Common Stock. (a) Shares of Common Stock will be issued or become free of restrictions as soon as practicable following vesting of the RSUs, provided that you have satisfied your tax withholding obligations as specified under Section 10 8 of these Standard Terms this Agreement and you have completed, signed and returned any documents and taken any additional action that the Administrator reasonably Corporation deems appropriate to enable it to accomplish the Outside Director RSU Agmt (08 Rsmt) delivery of the shares of Common Stock. The shares of Common Stock will be issued in your name (or may be issued to your executor or personal representative or other applicable party, as permitted in Section 11representative, in the event of your death or Permanent DisabilityDisablement), and may be effected by recording shares on the stock records of the Company Corporation or by crediting shares in an account established on your behalf with a brokerage firm or other custodian, in each case as determined by the AdministratorCorporation. In no event will the Company Corporation be obligated to issue a fractional share. (b) . Notwithstanding the foregoing, (i) the Company Corporation shall not be obligated to deliver any shares of the Common Stock during any period when the Administrator reasonably Corporation determines that the conversion of an a RSU or the delivery of shares hereunder would violate any federal, state laws of the United States or other applicable laws your country of residence or employment and/or may issue shares subject to any restrictive legends that, as reasonably determined by the CompanyCorporation’s counsel, is necessary to comply with securities or other regulatory requirements, and (ii) the date on which shares are issued may include a reasonable delay in order to provide the Company Corporation such time as it reasonably determines appropriate to address tax withholding and other administrative matters.