Delivery of Cash Payment. Subject to Section 6, within 30 days after the determination of the Performance Measures set forth in Attachment B, in whole or in part, but in no event later than 180 days after the end of the Performance Period, the Company shall deliver or cause to be delivered the vested portion of the cash under the Award, as calculated in accordance with this Agreement and Attachment B hereto. Prior to the payment to the Employee of the cash that has vested under the Award, the Employee shall have no direct or secured claim in any specific assets of the Company, and will have the status of a general unsecured creditor of the Company.
Appears in 6 contracts
Samples: Performance Based Cash Award Agreement (Tri Pointe Homes, Inc.), Performance Based Cash Award Agreement (Tri Pointe Homes, Inc.), Performance Based Cash Award Agreement (Tri Pointe Homes, Inc.)
