Common use of Effect of Vesting Clause in Contracts

Effect of Vesting. (a) If, and at the time, the Participant’s PSUs vest under the terms of Section 3 or Section 4, such Participant shall receive as full consideration for the PSUs a number of Shares equal to the number of PSUs which vested on such date.

Appears in 5 contracts

Samples: Performance Stock Unit Participation Agreement (Heidrick & Struggles International Inc), Performance Stock Unit Participation Agreement (Heidrick & Struggles International Inc), Performance Stock Unit Participation Agreement (Heidrick & Struggles International Inc)

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Effect of Vesting. (a) If, and at the time, the Participant’s PSUs vest under the terms of Section 3 or Section 410, such Participant shall receive as full consideration for the PSUs a number of Shares equal to the number of PSUs which vested on such date.

Appears in 2 contracts

Samples: Performance Stock Unit Participation Agreement (Heidrick & Struggles International Inc), Performance Stock Unit Participation Agreement (Heidrick & Struggles International Inc)

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Effect of Vesting. (a) a. If, and at the time, the Participant’s PSUs vest under the terms of Section 3 or Section 4, such Participant shall receive as full consideration for the PSUs a number of Shares equal to the number of PSUs which vested on such date.

Appears in 1 contract

Samples: Performance Stock Unit Participation Agreement (Heidrick & Struggles International Inc)

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