Common use of Delivery of Shares upon Vesting Clause in Contracts

Delivery of Shares upon Vesting. Your vested RSUs shall be settled solely in an equivalent number of Shares immediately as of the Settlement Date as set forth in Paragraph 3 above. Subject to the provisions of Paragraphs 8 and 11 of this Agreement, the RSU Shares shall be issued and delivered to you or to your designated Beneficiary (as hereinafter defined) on the Settlement Date. Issuance of the RSU Shares may not be accelerated, deferred or otherwise claimed by you for any reason or at any time other than upon the Settlement Date or otherwise as provided for herein.

Delivery of Shares upon Vesting. Your vested RSUs shall be settled solely in an equivalent number of Shares immediately as of the Settlement Vesting Date as set forth in Paragraph 3 above. Subject to the provisions of Paragraphs Sections 5 and 8 and 11 of this Agreement, the RSU Shares shall be issued and delivered to you or to your designated Beneficiary (as hereinafter defined) on no earlier than six (6) months following the date of termination of employment (“Settlement Date”). Issuance of the RSU Shares may not be accelerated, deferred or otherwise claimed by you for any reason or at any time other than upon the Settlement Date or otherwise as provided for herein.