Distribution of DSUs Sample Clauses

Distribution of DSUs. Subject to Section 7 of this Agreement, your DSUs will be converted to Common Stock as set forth in Section 3 hereof and distributed to you in accordance with the deferral form (the “Election Form”) you have already completed and provided to the Company.
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Distribution of DSUs. Subject to paragraph 4(b)(iv)(B), all of the vested DSUs underlying a Deferred Stock Unit Award will be distributable in Shares on the date of distribution on the earliest to occur of: (I) (a) with respect to the One-Year DSUs only, October 1, 2007, (b) with respect to the Two-Year DSUs only, October 1, 2008, and (c) with respect to the Three-Year DSUs only, October 1, 2009, (II) death, (III) the date on which Payner is "disabled" (as such term is defined in Section 409A(a)(2)(C) of the Internal Revenue Code of 1986, as amended ("Code") and the official guidance issued thereunder), (IV) subject to paragraph 7(c), the effective date of Payner's Constructive Termination or termination without Cause, or (V) to the extent provided in paragraph 8, immediately following a Change of Control (as defined below) and thereafter.
Distribution of DSUs. Suxxxxx to paragraph 4(b)(iv)(B), all of the vested DSUs underlying a Deferred Stock Unit Award will be distributable in Shares on the date of distribution on the earliest to occur of: (I) (a) with respect to the One-Year DSUs only, October 1, 2007, (b) with respect to the Two-Year DSUs only, October 1, 2008, and (c) with respect to the Three-Year DSUs only, October 1, 2009, (II) death, (III) the date on which Barry is "disabled" (as such term is defined ix Xxxtion 409A(a)(2)(C) of the Internal Revenue Code of 1986, as amended ("Code") and the official guidance issued thereunder), (IV) subject to paragraph 7(c), the effective date of Barry's Constructive Termination or termination without Cause, or (V) to the extent provided in paragraph 8, immediately following a Change of Control (as defined below) and thereafter.
Distribution of DSUs. Subject to paragraph 4(x)(xx)(B), all of the vested DSUs will be distributed in Shares on the date of distribution on the earliest to occur of: (I) (a) January 1, 2011, (II) death of Erdos, (III) the date on which Erdxx xx "xxxxxxxx" (xx xxxx xxxx xx defined in Section 400X(x)(2)(C) of the Internal Revenue Code of 1986, as amended ("Code") and the official guidance issued thereunder), (IV) subject to paragraph 7(c), the date of Erdos's "separation of service" as defined in Section 7(c), or (V) to the extent provided in paragraph 8, immediately following a Change of Control (as defined below) and thereafter.

Related to Distribution of DSUs

  • Distribution of Cash (a) The Partnership shall distribute cash on a quarterly (or, at the election of the General Partner, more frequent) basis, in an amount determined by the General Partner in its sole and absolute discretion, to the Partners who are Partners on the Partnership Record Date with respect to such quarter (or other distribution period) in accordance with Section 5.2(b).

  • Distribution of Units Unless otherwise determined by the Committee or required by any applicable law, rule or regulation, neither the Company nor the Partnership shall deliver to the Participant certificates evidencing Units issued pursuant to this Agreement and instead such Units shall be recorded in the books of the Partnership (or, as applicable, its transfer agent or equity plan administrator). All certificates for Units issued pursuant to this Agreement and all Units issued pursuant to book entry procedures hereunder shall be subject to such stop transfer orders and other restrictions as the Company may deem advisable under the Plan or the rules, regulations, and other requirements of the SEC, any stock exchange upon which such Units are then listed, and any applicable federal or state laws, and the Company may cause a legend or legends to be inscribed on any such certificates or book entry to make appropriate reference to such restrictions. In addition to the terms and conditions provided herein, the Company may require that the Participant make such covenants, agreements, and representations as the Company, in its sole discretion, deems advisable in order to comply with any such laws, regulations, or requirements. No fractional Units shall be issued or delivered pursuant to the Phantom Units and the Committee shall determine, in its discretion, whether cash, other securities, or other property shall be paid or transferred in lieu of fractional Units or whether such fractional Units or any rights thereto shall be canceled, terminated, or otherwise eliminated.

  • Distribution of Stock Subject to Section 8, the Company shall cause the Participant to be the record owner of any shares of Stock to which the Participant becomes entitled to receive under this Agreement in accordance with the payment terms described in Section 3.

  • Distribution of Profits Article 38

  • Distribution of Shares (a) Subject to the provisions of Paragraphs 6, 7, 10, 11, 12, 13 and 14 hereof, and to such minimum purchase and other requirements as may from time to time be indicated in the Fund's Prospectus, Distributor, acting as principal for its own account and not as agent for the Fund, shall have the right to purchase Shares from the Fund. Distributor shall sell Shares only in accordance with the Fund's Prospectus, on a "best efforts" basis. Distributor shall purchase Shares from the Fund at a price equal to the net asset value, shall sell Shares at the public offering price as defined in Paragraph 8, and shall retain all sales charges.

  • Distribution of Net Cash Flow Net Cash Flow shall be distributed among the Partners in accordance with their Partnership Percentages at such times and in such amounts as shall be determined by the General Partner.

  • Allocation of Distributions The distributions of the Company shall be allocated entirely to the Member or, if additional member(s) are admitted, the member(s) in proportion to their respective capital accounts.

  • Distribution of Payments On and after the Effective Date, the Agent shall make all payments under the Loan Documents in respect of each Assigned Interest (a) in the case of amounts accrued to but excluding the Effective Date, to Assignor and (b) otherwise, to Assignee.

  • Distribution of Funds Deliver (i) to Seller, or order, the cash portion of the Purchase Price, adjusted for prorations, charges and other credits and debits provided for herein; and (ii) to Buyer, or order, any excess funds delivered to Escrow Agent by Buyer. Such funds shall be delivered by wire transfer or cashier’s check in accordance with instructions for Seller and Buyer; if no instructions are given, Escrow Agent shall deliver such funds by Escrow Agent’s check via overnight courier (or as otherwise requested by the intended recipient) to the appropriate party at the address set forth for notice in this Agreement.

  • Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer. (See Section 4.04 of the Standard Terms)

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