Conversion of Restricted Stock Units and Issuance of Shares. Upon the vesting of all or any portion of the Award in accordance with Section 2 hereof, one share of the Company’s Common Stock, $0.01 par value, shall be issuable for each restricted stock unit that vests on such date (the “Shares”), subject to the terms and provisions of the Plan and this Agreement. Thereafter, the Company will transfer such Shares to the Employee upon satisfaction of any required tax withholding obligations. No fractional shares shall be issued under this Agreement.
Conversion of Restricted Stock Units and Issuance of Shares. Upon vesting of the Award (each, a “Vest Date”), one Share shall be issuable for each restricted stock unit that vests on such Vest Date, subject to the terms and provisions of the Plan and this Agreement. Thereafter, the Company will transfer such Shares to you upon satisfaction of any required tax withholding obligations. No fractional shares shall be issued under this Agreement.
Conversion of Restricted Stock Units and Issuance of Shares. Subject to your continued service as a director until the Vesting Date, you shall receive, in accordance with the terms and provisions of the Plan and this Agreement, one share of Common Stock for each restricted stock unit on the earliest practicable date (as determined by the Company) following your retirement, resignation or removal as a director of the Company.
Conversion of Restricted Stock Units and Issuance of Shares. One share of Common Stock shall be issuable for each restricted stock unit that vests on the Vesting Date (the “Shares”), subject to the terms and provisions of the Plan and this Agreement. Thereafter, the Company will transfer such Shares to Recipient upon satisfaction of any required tax withholding obligations. No fractional shares shall be issued under this Agreement.
Conversion of Restricted Stock Units and Issuance of Shares. Upon the Company’s determination of the number of restricted stock units vesting following the end of each Fiscal Performance Period (each, a “Vesting Date”), each restricted stock unit that vests on such Vesting Date, shall be converted into one Share and thereafter, the Company will transfer such Shares to you upon satisfaction of any required tax withholding obligations. No fractional shares shall be issued under this Agreement.
Conversion of Restricted Stock Units and Issuance of Shares. Subject to the other terms of the Award, upon the Scheduled Vest Date, you shall receive, in accordance with the terms and provisions of the Plan and this Agreement, one share of Common Stock for each restricted stock unit (the “Shares”). The Company will transfer such Shares to you as soon as administratively feasible following any vesting of the Award and your satisfaction of any required tax-withholding obligations. No fractional shares shall be issued under this Agreement. No Shares shall be issued upon vesting of the Award unless such issuance complies with all relevant provisions of law and the requirements of any stock exchange upon which the Shares are then listed. You understand that your participation in the Plan is conditioned on the Company obtaining all necessary orders, decisions, rulings and approvals from the relevant governmental regulatory authorities. The Company reserves the right to determine the manner in which the Shares are delivered to you, including but not limited to delivery by direct registration with the Company’s transfer agent or delivery to a broker designated by the Company. Version Effective December 18, 2006
Conversion of Restricted Stock Units and Issuance of Shares. Except in the event you have elected to defer receipt of the Shares (as defined herein) pursuant to the Company’s Deferred Compensation Plan, upon the vesting of the Award (the “Vest Date”), one share of Common Stock shall be issuable for each restricted stock unit that vests on the Vest Date (the “Shares”), subject to the terms and provisions of the Plan and this Agreement. Thereafter, the Company will transfer such Shares to you upon satisfaction of any required tax withholding obligations. No fractional shares shall be issued under this Agreement. In the event you have elected to defer receipt of the Shares pursuant to the Company’s Deferred Compensation Plan, you will receive such Shares in accordance with the terms of such Plan and your election thereunder.
Conversion of Restricted Stock Units and Issuance of Shares. The determination of whether or not the Award, or a portion of the Award, vests shall be made as of the expiration of the applicable Performance Period, as specified in Exhibit A hereto (each, a “Vest Date”). Upon each achievement of the Performance Goal(s) as required for the vesting of all or a portion of the Award, one share of Common Stock shall be issuable for each restricted stock unit that vests on the applicable Vest Date (the “Shares”), subject to the terms and provisions of the Plan and this Agreement. Thereafter, the Company will transfer such Shares to you upon satisfaction of any required tax withholding obligations. No fractional shares shall be issued under this Agreement. If such Performance Goal(s) is (are) not achieved on the applicable Vest Date, the Award, or applicable portion thereof, shall be cancelled without the issuance of the corresponding number of Shares.
Conversion of Restricted Stock Units and Issuance of Shares. This Award shall be settled by the Company by the issuance of shares of Common Stock underlying the Award as soon reasonably practicable following vesting, but no later than sixty (60) days following the date on which the vesting condition is met, subject to the determination of the Committee or its delegate that any applicable vesting conditions have been met. Subject to satisfaction of the applicable tax withholding requirements as set forth in Section X of this Award, the Company shall transfer to you one share of Common Stock for each Restricted Stock Unit that vests. The lapse of such forfeiture restrictions means that the Common Stock underlying the Award shall be fully transferable by you, subject to compliance with Section VIII of this Award.
Conversion of Restricted Stock Units and Issuance of Shares. The scheduled date for conversion of the restricted stock units to shares of Common Stock is January 3, 2012 (the “Scheduled Conversion Date”). Subject to satisfaction of the vesting requirements and the other terms of the Award, upon the Scheduled Conversion Date, in accordance with the terms and provisions of the Plan and this Agreement, the vested restricted stock units will be converted into the Target Award Number of shares of Common Stock (the “Shares”). The Company will transfer such Shares to you as soon as administratively feasible following the Scheduled Conversion Date and your satisfaction of any required tax withholding obligations. No fractional shares shall be issued under this Agreement. No Shares shall be issued upon vesting of the Award unless such issuance complies with all relevant provisions of law and the requirements of any stock exchange upon which the Shares are then listed. You understand that your participation in the Plan is conditioned on the Company obtaining all necessary orders, decisions, rulings and approvals from the relevant governmental regulatory authorities. The Company reserves the right to determine the manner in which the Shares are delivered to you, including but not limited to delivery by direct registration with the Company’s transfer agent or delivery to a broker designated by the Company or its Affiliates.
