Common use of Distribution of Vested Shares Clause in Contracts

Distribution of Vested Shares. (a) If the Participant’s right to receive shares pursuant to this Award Agreement has vested pursuant to Section 5(a) or Section 5(b)(iii) or (iv), a number of shares of Common Stock equal to the number of Vested Shares shall be distributed no later than March 15th of the calendar year following the calendar year in which occurs the last day of the Performance Cycle.

Appears in 5 contracts

Samples: Award Agreement (Centerpoint Energy Inc), Award Agreement (Centerpoint Energy Inc), Performance Award Agreement (Centerpoint Energy Resources Corp)

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Distribution of Vested Shares. (a) If the Participant’s right to receive shares pursuant to this Award Agreement has vested pursuant to Section 5(a) or Section 5(b)(iii) or (iv), a number of shares of Common Stock equal to the number of Vested Shares shall be distributed registered in book-entry form with the Company’s transfer agent in the name of the Participant no later than March 15th of the calendar year following the calendar year in which occurs the last day of the Performance Cycle.

Appears in 2 contracts

Samples: Centerpoint Energy Inc, Centerpoint Energy Inc

Distribution of Vested Shares. (a) If the Participant’s right to receive shares pursuant to this Award Agreement has vested pursuant to Section 5(a) or Section 5(b)(iii5(b)(ii) or (iv), a number of shares of Common Stock equal to the number of Vested Shares shall be distributed no registered in -4- book-entry form with the Company’s transfer agent in the Participant’s name not later than March 15th of the calendar year following the calendar year in which occurs the last day of the Performance Cycle.

Appears in 1 contract

Samples: Qualified Performance Award Agreement (Centerpoint Energy Inc)

Distribution of Vested Shares. (a) If the Participant’s right to receive shares pursuant to this Award Agreement has vested pursuant to Section 5(a) or Section 5(b)(iii5(b)(ii), (iv) or (ivv), a number of shares of Common Stock equal to the number of Vested Shares shall be distributed no not later than March 15th of the calendar year following the calendar year in which occurs the last day of the Performance Cycle.

Appears in 1 contract

Samples: Award Agreement (Centerpoint Energy Inc)

Distribution of Vested Shares. (a) If the Participant’s right to receive shares pursuant to this Award Agreement has vested pursuant to Section 5(a) or Section 5(b)(iii) or (iv), a number of shares of Common Stock equal to the number of Vested Shares shall be distributed no registered in the name of the Participant and shall be delivered to the Participant not later than March 15th of the calendar year following the calendar year in which occurs 70th day after the last day of the Performance Cycle.

Appears in 1 contract

Samples: Qualified Performance Award Agreement (Centerpoint Energy Inc)

Distribution of Vested Shares. (a) If the Participant’s right to receive shares pursuant to this Award Agreement has vested pursuant to Section 5(a) or Section 5(b)(iii) or (iv), a number of shares of Common Stock equal to the number of Vested Shares shall be distributed no later than March 15th of the calendar year following the calendar year in which occurs the last day of the Performance Cycle.

Appears in 1 contract

Samples: Award Agreement (Centerpoint Energy Resources Corp)

Distribution of Vested Shares. (a) If the Participant’s right to receive shares pursuant to this Award Agreement has vested pursuant to Section 5(a) or Section 5(b)(iii) or (iv), a number of shares of Common Stock equal to the number of Vested Shares shall be distributed registered in book-entry form with the Company’s transfer agent in the name of the Participant no later than March 15th of the calendar year following the calendar year in which occurs the last day of the Performance Cycle.

Appears in 1 contract

Samples: Performance Award Agreement for Officers and Director Employees (Centerpoint Energy Inc)

Distribution of Vested Shares. (a) If the Participant’s right to receive shares pursuant to this Award Agreement has vested pursuant to Section 5(a) or Section 5(b)(iii5(b)(ii), (iv) or (ivv), a number of shares of Common Stock equal to the number of Vested Shares shall be distributed no registered in book-entry form with the Company’s transfer agent in the Participant’s name not later than March 15th of the calendar year following the calendar year in which occurs the last day of the Performance Cycle.

Appears in 1 contract

Samples: Award Agreement (Centerpoint Energy Inc)

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Distribution of Vested Shares. (a) If the Participant’s 's right to receive shares pursuant to this Award Agreement has vested pursuant to Section 5(a) or Section 5(b)(iii) or (iv), a number of shares of Common Stock equal to the number of Vested Shares shall be distributed registered in the name of the Participant and shall be delivered to the Participant no later than March 15th of the calendar year following the calendar year in which occurs the last day of the Performance Cycle.

Appears in 1 contract

Samples: Award Agreement (Centerpoint Energy Inc)

Distribution of Vested Shares. (a) If the Participant’s right to receive shares pursuant to this Award Agreement has vested pursuant to Section 5(a) or Section 5(b)(iii) ), (iv), or (ivv), a number of shares of Common Stock equal to the number of Vested Shares shall be distributed no later than March 15th of the calendar year following the calendar year in which occurs the last day of the Performance Cycle.

Appears in 1 contract

Samples: Performance Award Agreement for Officers and Director Employees (Centerpoint Energy Resources Corp)

Distribution of Vested Shares. (a) If the Participant’s right to receive shares pursuant to this Award Agreement has vested pursuant to Section 5(a) or Section 5(b)(iii) or (iv), a number of shares of Common Stock equal to the number of Vested Shares shall be distributed registered in the name of the Participant and shall be delivered to the Participant no later than March 15th of the calendar year following the calendar year in which occurs the last day of the Performance Cycle.

Appears in 1 contract

Samples: Qualified Performance Award Agreement (Centerpoint Energy Inc)

Distribution of Vested Shares. (a) If the Participant’s right to receive shares pursuant to this Award Agreement has vested pursuant to Section 5(a6(a) or Section 5(b)(iii6(b)(ii) or (iv), a number of shares of Common Stock equal to the number of Vested Shares shall be distributed no registered in book-entry form with the Company’s transfer agent in the Participant’s name not later than March 15th of the calendar year following the calendar year in which occurs the last day of the Performance Cycle.

Appears in 1 contract

Samples: Qualified Performance Award Agreement (Centerpoint Energy Inc)

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