Common use of Distribution Date of Vested Shares Clause in Contracts

Distribution Date of Vested Shares. Shares of Common Stock attributable to Vested Restricted Units (“Vested Shares”) shall be issued and distributed upon the earlier of the dates listed below, subject to receipt from the Recipient of the required tax withholding: 1. within ten (10) business days following the last day of each calendar quarter in 2014; or 2. the date of a Change in Control.

Appears in 6 contracts

Samples: Employment Agreement (Omega Healthcare Investors Inc), Employment Agreement (Omega Healthcare Investors Inc), Employment Agreement (Omega Healthcare Investors Inc)

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Distribution Date of Vested Shares. Shares of Common Stock attributable to Vested Restricted Units (“Vested Shares”) shall be issued and distributed upon the earlier of the dates listed below, subject to receipt from the Recipient of the required tax withholding: 1. within ten (10) business days following the last day of each calendar quarter in 2014December 31, 201__; or 2. the date of a Change in Control.

Appears in 6 contracts

Samples: Employment Agreement (Omega Healthcare Investors Inc), Employment Agreement (Omega Healthcare Investors Inc), Employment Agreement (Omega Healthcare Investors Inc)

Distribution Date of Vested Shares. Shares of Common Stock attributable to Vested Restricted Stock Units (“Vested Shares”) shall be issued and distributed within (10) business days following each vesting event or upon the earlier date of the dates listed belowa Change in Control, whichever is earlier, subject in either case to receipt from the Recipient of the required tax withholding: 1. within ten (10) business days following Notwithstanding the last day foregoing, distribution shall be delayed to the extent provided in any deferral agreement between the Recipient and the Company as a result of each calendar quarter in 2014; or 2. the date of a Change in ControlRecipient’s valid deferral election.

Appears in 3 contracts

Samples: Relative TSR Based Performance Restricted Stock Units Agreement (OHI Healthcare Properties Limited Partnership), TSR Based Performance Restricted Stock Units Agreement (OHI Healthcare Properties Limited Partnership), Performance Restricted Stock Units Agreement (Omega Healthcare Investors Inc)

Distribution Date of Vested Shares. Shares of Common Stock attributable to Vested Restricted Units (“Vested Shares”) shall be issued and distributed upon the earlier of the dates listed below, subject to receipt from the Recipient of the required tax withholding: 1. within ten (10) business days following the last day of each calendar quarter in 20142017; or 2. the date of a Change in Control.. Notwithstanding the foregoing, distribution shall be delayed to the extent provided in any deferral agreement between the Recipient and the Company

Appears in 1 contract

Samples: Performance Restricted Stock Unit Agreement (Omega Healthcare Investors Inc)

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Distribution Date of Vested Shares. Shares of Common Stock attributable to Vested Restricted Units (“Vested Shares”) shall be issued and distributed upon the earlier of the dates listed below, subject to receipt from the Recipient of the required tax withholding: 1. within ten (10) business days following the last day of each calendar quarter in 20142018; or 2. the date of a Change in Control. Notwithstanding the foregoing, distribution shall be delayed to the extent provided in any deferral agreement between the Recipient and the Company.

Appears in 1 contract

Samples: Performance Restricted Stock Unit Agreement (Omega Healthcare Investors Inc)

Distribution Date of Vested Shares. Shares of Common Stock attributable to Vested Restricted Units (“Vested Shares”) shall be issued and distributed upon the earlier of the dates listed below, subject to receipt from the Recipient of the required tax withholding: 1. within ten (10) business days following the last day of each calendar quarter in 2014December 31, 201__; or 2. the date of a Change in Control. Notwithstanding the foregoing, distribution shall be delayed to the extent provided in any deferral agreement between the Recipient and the Company, whether executed before or after this Agreement.

Appears in 1 contract

Samples: Performance Restricted Stock Unit Agreement (Omega Healthcare Investors Inc)

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