Distribution of Shares. Except as provided below, a Share shall be distributed to Grantee (or to Grantee’s estate) for every vested RSU (including RSUs credited based on DERs), on or within 60 days after the Vesting Date. Once a Share has been issued with respect to an RSU pursuant to this Agreement and the Plan, the Grantee shall have no further rights with respect to the RSU.
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Samples: Restricted Stock Unit Award Agreement (Lincoln National Corp), Restricted Stock Unit Award Agreement (Lincoln National Corp), Restricted Stock Unit Award Agreement (Lincoln National Corp)
Distribution of Shares. Except as provided below, a Share shall be distributed to Grantee (or to Grantee’s estate) for every vested RSU (including RSUs credited based on DERs), on or within 60 days after the Vesting Date. Once a Share has been issued with respect to an RSU If Grantee’s RSUs vest pursuant to this Agreement and Subparagraph 2(e), above, such Shares shall be distributed to Grantee on the Plan, business day on or first following the Grantee shall have no further rights with respect to the RSUfifty-fifth (55th) day after such involuntary Separation from Service.
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Samples: Restricted Stock Unit Award Agreement (Lincoln National Corp)
Distribution of Shares. Except as provided below, a A Share shall be distributed to Grantee (or to Grantee’s estate) for every vested RSU (including RSUs credited based on DERs), ) on or within 60 days after the Vesting Date. Once a Share has been issued with respect to an RSU pursuant to this Agreement and the Plan, the Grantee shall have no further rights with respect to the RSU.
Appears in 1 contract
Samples: Restricted Stock Unit Award Agreement (Lincoln National Corp)
Distribution of Shares. Except as provided below, a Share shall be distributed to Grantee (or to Grantee’s estate) for every vested RSU (including RSUs credited based on DERsDEUs), on or within 60 days after the Vesting Date. If Grantee’s RSU’s vest pursuant to Subparagraph 2(d) above, such Shares shall be distributed to Grantee on the business day or first following the fifty-fifth (55th) day after such involuntary Separation from Service. Once a Share has been issued with respect to an RSU pursuant to this Agreement and the Plan, the Grantee shall have no further rights with respect to the RSU.
Appears in 1 contract
Samples: Restricted Stock Unit Award Agreement (Lincoln National Corp)