Common use of Determination of PSUs Earned and Vested; Settlement Clause in Contracts

Determination of PSUs Earned and Vested; Settlement. (a) Subject to Section II.A.7(b), upon the Committee’s certification of achievement of the Performance Goal described in Appendix A, and Xxxxxxx’s satisfaction of the vesting requirements in Section II.A.1 and Section II.A.6 above, as applicable, this Award shall be settled by issuing to Grantee the number of shares of Stock determined pursuant to Appendix A, and Xxxxxxx’s name shall be entered as the shareholder of record on the books of the Corporation with respect to such shares. This settlement shall occur on March 1, 2019 (the “Settlement Date”).

Appears in 1 contract

Samples: Performance Stock Units Agreement (Trimas Corp)

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Determination of PSUs Earned and Vested; Settlement. (a) Subject to Section II.A.7(b), upon the Committee’s certification of achievement of the Performance Goal Goals described in Appendix A, and Xxxxxxx’s satisfaction of the vesting requirements in Section II.A.1 and Section II.A.6 above, as applicable, this Award shall be settled by issuing to Grantee the number of shares of Stock determined pursuant to Appendix A, and Xxxxxxx’s name shall be entered as the shareholder of record on the books of the Corporation with respect to such shares. This settlement shall occur on March 1, 2019 2020 (the “Settlement Date”).

Appears in 1 contract

Samples: Performance Stock Units Agreement (Trimas Corp)

Determination of PSUs Earned and Vested; Settlement. (a) Subject to Section II.A.7(b), upon the Committee’s certification of achievement of the Performance Goal described in Appendix A, and Xxxxxxx’s satisfaction of the vesting requirements in Section II.A.1 and Section II.A.6 above, as applicable, this Award shall be settled by issuing to Grantee the number of shares of Stock determined pursuant to Appendix A, and Xxxxxxx’s name shall be entered as the shareholder of record on the books of the Corporation with respect to such shares. This settlement shall occur on March 15, 2019 2017 (the “Settlement Date”).

Appears in 1 contract

Samples: Performance Stock Units Agreement (Trimas Corp)

Determination of PSUs Earned and Vested; Settlement. (a) Subject to Section II.A.7(b), upon the Committee’s certification of achievement of the Performance Goal described in Appendix AGoals, and Xxxxxxx’s satisfaction of the vesting requirements in Section II.A.1 and Section II.A.6 above, as applicable, this Award shall be settled by issuing to Grantee the number of shares of Common Stock determined pursuant to Appendix A, and Xxxxxxx’s name shall be entered as the shareholder of record on the books of the Corporation Company with respect to such shares. This settlement shall occur on March May 1, 2019 2021 (the “Settlement Date”).

Appears in 1 contract

Samples: Performance Stock Units Agreement (Trimas Corp)

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Determination of PSUs Earned and Vested; Settlement. (a) Subject to Section II.A.7(b), upon the Committee’s certification of achievement of the Performance Goal described in Appendix A, and Xxxxxxx’s satisfaction of the vesting requirements in Section II.A.1 and Section II.A.6 above, as applicable, this Award shall be settled by issuing to Grantee the number of shares of Stock determined pursuant to Appendix A, and Xxxxxxx’s name shall be entered as the shareholder of record on the books of the Corporation with respect to such shares. This settlement shall occur on March 1, 2019 2018 (the “Settlement Date”).

Appears in 1 contract

Samples: Performance Stock Units Agreement (Trimas Corp)

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