Common use of CSUs Clause in Contracts

CSUs. The cash or stock, as the case may be, shall be paid out to the Participant no later than the earlier of (i) ninety (90) days following the date of occurrence of such Change in Control or (ii) two and one-half (2-1/2) months following the end of the calendar year in which the date of such Change in Control occurs (the “CSU Payout Date”), regardless of whether the applicable Performance Period has expired or whether the applicable Performance Goals have been met.

Appears in 6 contracts

Samples: Common Stock Unit Agreement (Sunoco Inc), Common Stock Unit Agreement (Sunoco Inc), Common Stock Unit Agreement (Sunoco Inc)

AutoNDA by SimpleDocs

CSUs. The cash or stock, as the case may be, shall be paid out to the Participant no later than the earlier of (i) ninety (90) days following the date of occurrence of such Change in Control or (ii) two and one-half (2-1/2) months following the end of the calendar year in which the date of such Change in Control occurs (the “CSU Payout Date”), regardless of whether the applicable Performance Vesting Period has expired or whether the applicable Performance Goals have been metexpired.

Appears in 4 contracts

Samples: Common Stock Unit Agreement (Sunoco Inc), Common Stock Unit Agreement (Sunoco Inc), Common Stock Unit Agreement (Sunoco Inc)

CSUs. The cash or stock, as the case may be, shall be paid out to the Participant no later than the earlier of (i) ninety (90) days following the date of occurrence of such Change in Control or (ii) two and one-half (2-2- 1/2) months following the end of the calendar year in which the date of such Change in Control occurs (the “CSU Payout Date”), regardless of whether the applicable Performance Period has expired or whether the applicable Performance Goals have been met.

Appears in 4 contracts

Samples: Common Stock Unit Agreement (Sunoco Inc), Common Stock Unit Agreement (Sunoco Inc), Common Stock Unit Agreement (Sunoco Inc)

CSUs. The cash or stock, as the case may be, shall be paid out to the Participant no later than the earlier of (i) ninety (90) days following the date of occurrence of such Change in Control or (ii) two and one-half (2-1/2) months following the end of the calendar year in which the date of such Change in Control occurs (the “CSU Payout Date”), regardless of whether the applicable Performance Period has expired or whether the applicable Performance Goals have been met.

Appears in 2 contracts

Samples: Common Stock Unit Agreement (Sunoco Inc), Common Stock Unit Agreement (Sunoco Inc)

AutoNDA by SimpleDocs

CSUs. The cash or stock, as the case may be, shall be paid out to the Participant no later than the earlier of (i) ninety (90) days following the date of occurrence of such Change in Control or (ii) two and one-half (2-2- 1/2) months following the end of the calendar year in which the date of such Change in Control occurs (the “CSU Payout Date”), regardless of whether the applicable Performance Period has expired or whether the applicable Performance Goals have been met.

Appears in 2 contracts

Samples: Common Stock Unit Agreement (Sunoco Inc), Common Stock Unit Agreement (Sunoco Inc)

CSUs. The cash or stock, as the case may be, shall be paid out to the Participant no later than the earlier of (i) ninety (90) days following the date of occurrence of such Change in Control or (ii) two and one-half (2-2- 1/2) months following the end of the calendar year in which the date of such Change in Control occurs (the “CSU Payout Date”), regardless of whether the applicable Performance Vesting Period has expired or whether the applicable Performance Goals have been metexpired.

Appears in 1 contract

Samples: Common Stock Unit Agreement (Sunoco Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!