Common use of Distribution of Shares of Common Stock Clause in Contracts

Distribution of Shares of Common Stock. Promptly after the date(s) you specified in a written distribution election filed with the Company on or before December 31, 2016, shares of Common Stock equal to the number of Deferred Stock Units reflected in your Deferred Stock Unit Account, shall be distributed to you in accordance with your election. If you did not file such an election, distribution will be made promptly following your termination of service on the Company’s Board of Directors. Distributions shall be made in shares of Common Stock, with fractional shares rounded up to the nearest whole share.

Appears in 1 contract

Samples: Deferred Stock Unit Agreement (Aegion Corp)

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Distribution of Shares of Common Stock. Promptly after the date(s) you specified in a written distribution election filed with the Company on or before December 31, 20162018, shares of Common Stock equal to the number of Deferred Stock Units reflected in your Deferred Stock Unit Account, shall be distributed to you in accordance with your election. If you did not file such an election, distribution will be made promptly following your termination of service on the Company’s Board of Directors. Distributions shall be made in shares of Common Stock, with fractional shares rounded up to the nearest whole share.

Appears in 1 contract

Samples: Deferred Stock Unit Agreement (Aegion Corp)

Distribution of Shares of Common Stock. Promptly after the date(s) you specified in a written distribution election filed with the Company on or before December 31, 20162014, shares of Common Stock equal to the number of Deferred Stock Units reflected in your Deferred Stock Unit Account, shall be distributed to you in accordance with your election. If you did not file such an election, distribution will be made promptly following your termination of service on the Company’s Board of Directors. Distributions shall be made in shares of Common Stock, with fractional shares rounded up to the nearest whole share.

Appears in 1 contract

Samples: Deferred Stock Unit Agreement (Aegion Corp)

Distribution of Shares of Common Stock. Promptly after the date(s) you specified in a written distribution election filed with the Company on or before December 31, 20162017, shares of Common Stock equal to the number of Deferred Stock Units reflected in your Deferred Stock Unit Account, shall be distributed to you in accordance with your election. If you did not file such an election, distribution will be made promptly following your termination of service on the Company’s Board of Directors. Distributions shall be made in shares of Common Stock, with fractional shares rounded up to the nearest whole share.

Appears in 1 contract

Samples: Deferred Stock Unit Agreement (Aegion Corp)

Distribution of Shares of Common Stock. Promptly after the date(s) you specified in a written distribution election filed with the Company on or before December 31, 20162018, shares of Common Stock equal to the number of vested Deferred Stock Units reflected in your Deferred Stock Unit Account, shall be distributed to you in accordance with your election. If you did not file such an election, distribution with respect to vested Deferred Stock Units will be made promptly following your termination of service on the Company’s Board of Directors, or, if earlier, upon a Change in Control. Distributions shall be made in shares of Common Stock, with fractional shares rounded up to the nearest whole share.

Appears in 1 contract

Samples: Deferred Stock Unit Agreement (Aegion Corp)

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Distribution of Shares of Common Stock. Promptly after the date(s) you specified in a written distribution election filed with the Company on or before December 31, 20162015, shares of Common Stock equal to the number of Deferred Stock Units reflected in your Deferred Stock Unit Account, shall be distributed to you in accordance with your election. If you did not file such an election, distribution will be made promptly following your termination of service on the Company’s Board of Directors. Distributions shall be made in shares of Common Stock, with fractional shares rounded up to the nearest whole share.

Appears in 1 contract

Samples: Deferred Stock Unit Agreement (Aegion Corp)

Distribution of Shares of Common Stock. Promptly after the date(s) you specified in a written distribution election filed with the Company on or before December 31, 20162019, shares of Common Stock equal to the number of vested Deferred Stock Units reflected in your Deferred Stock Unit Account, shall be distributed to you in accordance with your election. If you did not file such an election, distribution with respect to vested Deferred Stock Units will be made promptly following your termination of service on the Company’s Board of Directors, or, if earlier, upon a Change in Control. Distributions shall be made in shares of Common Stock, with fractional shares rounded up to the nearest whole share.

Appears in 1 contract

Samples: Director Deferred Stock Unit Agreement (Aegion Corp)

Distribution of Shares of Common Stock. Promptly after the date(s) you specified in a written distribution election filed with the Company on or before December 31, 20162019, shares of Common Stock equal to the number of Deferred Stock Units reflected in your Deferred Stock Unit Account, shall be distributed to you in accordance with your election. If you did not file such an election, distribution will be made promptly following your termination of service on the Company’s Board of Directors. Distributions shall be made in shares of Common Stock, with fractional shares rounded up to the nearest whole share.

Appears in 1 contract

Samples: Director Deferred Stock Unit Agreement (Aegion Corp)

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