Common use of Distribution Upon Vesting Clause in Contracts

Distribution Upon Vesting. The Company will distribute to you (or to your estate in the event of your Death) the Shares of Stock represented by the RSUs that vested on such vesting date as soon as administratively practicable after such vesting date but in no event later than the fifteenth day of the third calendar month beginning after the calendar year in which such RSUs shall have become vested. Notwithstanding the immediately preceding sentence, any RSUs subject to this grant or any similar grants outstanding on the date hereof that become vested on account of your Retirement shall be distributed to you as soon as administratively practicable (but in no event more than 90 days) following the date of your separation from service from the Company, except that, if you are a specified employee (within the meaning of Section 409A of the Code), such distribution shall be made on the day following the six month anniversary of your separation from service.

Appears in 3 contracts

Samples: Restricted Stock Unit (WHITEWAVE FOODS Co), The Whitewave Foods Company (WHITEWAVE FOODS Co), Restricted Stock Unit (WHITEWAVE FOODS Co)

AutoNDA by SimpleDocs

Distribution Upon Vesting. The Company will distribute to you (or to your estate in the event of your Death) the Shares of Stock represented by the RSUs that vested on such vesting date as soon as administratively practicable after such vesting date but in no event later than the fifteenth day of the third calendar month beginning after the calendar year in which such RSUs shall have become vested. Notwithstanding the immediately preceding sentence, any RSUs subject to this grant or any similar grants outstanding on the date hereof that become vested on account of your Retirement shall be distributed to you as soon as administratively practicable (but in no event more than 90 days) following the date of your separation from service from the Company, except that, if you are a specified employee (within the meaning of Section 409A of the Code), such distribution shall be made on the day following the six month anniversary of your separation from service.

Appears in 2 contracts

Samples: Award Agreement (WHITEWAVE FOODS Co), Award Agreement (WHITEWAVE FOODS Co)

Distribution Upon Vesting. The Company will distribute to you (or to your estate in the event of your Deathdeath) the Shares of Stock represented by the RSUs that vested on such vesting date as soon as administratively practicable after such each vesting date date, but in no event later than the fifteenth day of the third calendar month beginning after the calendar year in which such RSUs shall have become vested. Notwithstanding the immediately preceding sentence, any RSUs subject to this grant or any similar grants outstanding on the date hereof that become vested on account of your Retirement shall be distributed to you as soon as administratively practicable (but in no event more than 90 60 days) following the date of your separation from service from the Company, except that, if you are a specified employee (within the meaning of Section 409A of the Code), such distribution shall be made on the day following the six month anniversary of your separation from service.

Appears in 2 contracts

Samples: Award Agreement (WHITEWAVE FOODS Co), Whitewave Foods Company (WHITEWAVE FOODS Co)

Distribution Upon Vesting. The Company will distribute to you (or to your estate in the event of your Deathdeath) the Shares issuable upon the vesting of Stock represented by the RSUs that vested on such subject to this Award (including vesting date pursuant to Section 2(b)(1)) as soon as administratively practicable after such vesting date but in no event later than the fifteenth day of the third calendar month beginning after March 15 following the calendar year in which such RSUs shall have become vestedthe vesting occurred. Notwithstanding the immediately preceding sentence, any RSUs subject to this grant or any similar grants outstanding on the date hereof that become vested on account of your vested, as provided in Section 2(b)(1), due to Retirement shall be distributed to you as soon as administratively practicable (but in no event more than 90 60 days) following the date of your separation from service Service from the Company, except that, if you are a specified employee (within the meaning of Section 409A of the Code), such distribution shall be made on the day following the six 6-month anniversary of your separation from serviceService.

Appears in 1 contract

Samples: 2018 Restricted Stock Unit (Dean Foods Co)

Distribution Upon Vesting. The Company will distribute to you (or to your estate in the event of your Death) the Shares of Stock represented by the RSUs that vested on such vesting date as soon as administratively practicable after such vesting date but in no event later than the fifteenth day of the third calendar month beginning after the calendar year in which such RSUs shall have become vested. Notwithstanding the immediately preceding sentence, any RSUs subject to this grant or any similar grants outstanding on the date hereof that become vested on account of your Retirement shall be distributed to you as soon as administratively practicable (but in no event more than 90 60 days) following the date of your separation from service from the Company, except that, if you are a specified employee (within the meaning of Section 409A of the Code), such distribution shall be made on the day following the six month anniversary of your separation from service.

Appears in 1 contract

Samples: 2013 Restricted Stock Unit (Dean Foods Co)

Distribution Upon Vesting. The Company will distribute to you (or to your estate in the event of your Deathdeath) the Shares of Stock represented by the RSUs that vested on such vesting date as soon as administratively practicable after such each vesting date date, but in no event later than the fifteenth day of the third calendar month beginning after the calendar year in which such RSUs shall have become vested. Notwithstanding the immediately preceding sentence, any RSUs subject to this grant or any similar grants outstanding on the date hereof that become vested on account of your Retirement shall be distributed to you as soon as administratively practicable (but in no event more than 90 60 days) following the date of your separation from service from the Company, except that, if you are a specified employee (within the meaning of Section 409A of the Code), such distribution shall be made on the day following the six month anniversary of your separation from service.. 

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Chipotle Mexican Grill Inc)

AutoNDA by SimpleDocs

Distribution Upon Vesting. The Company will distribute to you (or to your estate in the event of your Death) the Shares of Stock represented by the RSUs that vested on such vesting date as soon as administratively practicable after such vesting date but in no event later than the fifteenth day of the third calendar month beginning after the calendar year in which such RSUs shall have become vested. Notwithstanding the immediately preceding sentence, any RSUs subject to this grant or any similar grants outstanding on the date hereof that become vested on account of your Retirement shall be distributed to you as soon as administratively practicable (but in no event more than 90 days) following the date of your separation from service from the CompanyService, except that, if you are a specified employee employee” (within the meaning of Section 409A of the U.S. Internal Revenue Code, as amended), such distribution shall be made on the day following the six month anniversary of your separation from serviceService.

Appears in 1 contract

Samples: Award Agreement (WHITEWAVE FOODS Co)

Distribution Upon Vesting. The Company will distribute to you (or to your estate in the event of your Death) the Shares of Stock represented by the RSUs that vested on such vesting date as soon as administratively practicable after such vesting date but in no event later than the fifteenth day of the third calendar month beginning after the calendar year in which such RSUs shall have become vested. Notwithstanding the immediately preceding sentence, any RSUs subject to this grant or any similar grants outstanding on the date hereof that become vested on account of your Retirement shall be distributed to you as soon as administratively practicable (but in no event more than 90 days) following the date of your separation from service Service from the Company, except that, if you are a specified employee (within the meaning of Section 409A of the Code), such distribution shall be made on the day following the six month anniversary of your separation from serviceService.

Appears in 1 contract

Samples: Award Agreement (WHITEWAVE FOODS Co)

Distribution Upon Vesting. The Company will distribute to you (or to your estate in the event of your Death) the Shares shares of Stock represented by the RSUs that vested on such vesting date as soon as administratively practicable after such vesting date but in no event later than the fifteenth day of the third calendar month beginning after the calendar year in which such RSUs shall have become vested. Notwithstanding the immediately preceding sentence, any RSUs subject to this grant or any similar grants outstanding on the date hereof that become vested on account of your Retirement shall be distributed to you as soon as administratively practicable (but in no event more than 90 60 days) following the date of your separation from service from the Company, except that, if you are a specified employee (within the meaning of Section 409A of the Code), such distribution shall be made on the day following the six month anniversary of your separation from service.

Appears in 1 contract

Samples: 2016 Restricted Stock Unit (Dean Foods Co)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!