End of Restricted Period. In the event your Distribution Event is the end of the Restricted Period, all vested Amounts payable with respect to the end of the applicable Restricted Period credited to your Account will be payable to you in installment payments, the first 50% of the value of your Account to be paid on or before the ninetieth (90th) day of the Plan Year in which the last day of the Restricted Period occurred, but in no event later than December 31st of such Plan Year, and thereafter, 1/3 of the remaining 50% of the value of your Account will be paid to you annually over a period of three (3) years, on the anniversary of the payment date of the first installment payment, but in no event later than December 31st of such year. In the event the payment date of the first installment payment is delayed as required under paragraph 4.1(e) below, the subsequent installment payments will be paid on the anniversary of the actual payment date of the first installment payment.
End of Restricted Period. (a) At such time as Participant satisfies ------------------------ the vesting criteria set forth in Section 3 or vesting is accelerated pursuant to Section 4, the restrictions set forth in this Agreement shall lapse and the Secretary (or his/her designee) of the Company shall, as soon as administratively feasible, deliver to the Participant the number shares of Common Stock (or other stock or securities) represented by such Units, free and clear of any restriction or legend with respect thereto. Fractional shares of Common Stock will not be issued; rather, any fractional shares will be converted into cash and paid as such to the Participant.
End of Restricted Period. Upon the termination of the Restricted Period, Grantee shall be entitled to receive from the Trustee the Shares acquired in the exercise of the Option and/or shall be entitled to sell the Shares thereby obtained, subject to the other terms and conditions of this Agreement and the Plan, including the provisions relating to the payment of tax set forth below.
End of Restricted Period. Upon the end of the Restricted Period, the Optionee shall be entitled to receive from the Trustee the Option, or the Shares resulting from the exercise thereof, which have vested, subject to the provisions of the Plan concerning the continued employment of the Optionee at the Company, and subject to any other provisions set forth herein or in the Plan, and the Optionee shall be entitled to exercise the Option and sell the Shares thereby obtained subject to the other terms and conditions of this Agreement and the Plan, including the provisions relating to the payment of tax set forth below.
End of Restricted Period. On the expiration or termination of a Restricted Period, the restrictions on Transfer shall lapse, and it shall be free of all restrictions (except any that may be imposed by law or by any applicable stock ownership guidelines). A stock certificate for the number of shares of Common Stock with respect to which the restrictions have lapsed shall be delivered to the Recipient or a book entry or other appropriate electronic record with respect to such shares shall me made..
