Common use of Distribution of Award Clause in Contracts

Distribution of Award. The Holding Units and Money Market Shares under your Award will be distributed to you in accordance with your year 2002 offering Distribution Election Form. If you fail to submit a properly completed year 2002 offering Distribution Election Form on a timely basis, the Holding Units and Money Market Shares under your Award will be distributed in a lump sum on or about the third anniversary of the Date of Grant of your Award, unless the Committee determines otherwise, in its sole discretion.

Appears in 14 contracts

Samples: Award Agreement (Alliance Capital Management Holding Lp), Award Agreement (Alliance Capital Management L P), Award Agreement (Alliance Capital Management L P)

AutoNDA by SimpleDocs

Distribution of Award. The Holding Units and Money Market Shares under your Award will be distributed to you in accordance with your year 2002 2001 offering Distribution Election Form. If you fail to submit a properly completed year 2002 2001 offering Distribution Election Form on a timely basis, the Holding Units and Money Market Shares under your Award will be distributed in a lump sum on or about the third anniversary of the Date of Grant of your Award, unless the Committee determines otherwise, in its sole discretion.

Appears in 4 contracts

Samples: Award Agreement (Alliance Capital Management L P), Award Agreement (Alliance Capital Management L P), Award Agreement (Alliance Capital Management Holding Lp)

AutoNDA by SimpleDocs

Distribution of Award. The Holding Units and Money Market Mutual Fund Shares under your Award will be distributed to you in accordance with your year 2002 2003 offering Distribution Election Form. If you fail to submit a properly completed year 2002 2003 offering Distribution Election Form on a timely basis, the Holding Units and Money Market Mutual Fund Shares under your Award will be distributed in a lump sum on or about the third anniversary of the Date of Grant of your Award, unless the Committee determines otherwise, in its sole discretion.

Appears in 2 contracts

Samples: Alliance Capital Management Holding Lp, Alliance Capital Management L P

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