Common use of Distribution of Vested Units Clause in Contracts

Distribution of Vested Units. As soon as administratively practicable after each applicable vesting date of the Units (generally within three (3) business days and in no event more than 15 business days), the Company will deliver to the Participant a number of shares of Common Stock equal to the number of Units that vested as of an applicable vesting date less the number of shares, if any, withheld in satisfaction of applicable withholding taxes as discussed in Section 4(b).

Distribution of Vested Units. As soon as administratively practicable after each applicable vesting date of the Units (generally within three (3) business days and in no event more than 15 fifteen (15) business days), the Company will deliver to the Participant a number of shares of Common Stock equal to the number of Units that vested as of an applicable vesting date date, less the number of shares, if any, withheld in satisfaction of applicable withholding taxes as discussed in Section 4(b).