Entitlement to Receive Common Stock Sample Clauses

Entitlement to Receive Common Stock. (a) Shares corresponding to the number of Restricted Stock Units granted herein (“RSU Shares”) are to be delivered to the Grantee as soon as reasonably and administratively practicable after the Restricted Stock Units become vested pursuant to the provisions of Section 2 above, but in no event later than two and one-half months after the end of the fiscal year of the Company during which the applicable Restricted Stock Units become vested. However, if the Grantee has made an election to defer receipt of all or any portion of the vested RSU Shares to a date beyond the applicable Vesting Date in accordance with the provisions of the Dollar General Corporation Deferral Election Form provided to the Grantee and returned to the Company prior to the Grant Date (such shares, the “Deferred Shares”), any such Deferred Shares shall instead be delivered on the date(s) so elected by the Grantee pursuant to such Deferral Election Form (each a “Deferred Delivery Date”), but in no event later than December 31 of the calendar year in which such Deferred Delivery Date occurs. (b) As soon as is administratively feasible on or following any date on which any RSU Shares are to be delivered to the Grantee in accordance with Section 3(a) above, the Company shall deliver to the Grantee or the Grantee’s legal representative a share certificate or evidence of electronic delivery of such RSU Shares in the amount of the RSU Shares so delivered to the Grantee, and such RSU Shares shall be registered in the name of the Grantee. (c) The shares of Common Stock deliverable upon the payment of a vested Restricted Stock Unit may be either previously authorized but unissued Shares or issued Shares, which have then been reacquired by the Company. Such Shares shall be fully paid and nonassessable.

Entitlement to Receive Common Stock. Unless otherwise set forth herein or in the Management Stockholder’s Agreement, the Executive shall be entitled to receive one share of Common Stock for each vested Restricted Stock Unit that the Executive holds upon the later to occur of (i) the date the shares of Common Stock issued for the Restricted Stock Units can be sold in the public market (e.g., after a Public Offering (as defined in the Management Stockholder’s Agreement)) without restrictions on sale (by virtue of law or agreement to which the Executive is a party) and (ii) any termination of the Executive’s employment with the Company (such date of delivery, the “Maturity Date”), and delivery of Common Stock hereunder shall be made as soon as practicable thereafter to the Executive. Notwithstanding the foregoing, the Executive shall also be entitled to receive one share of Common Stock for each vested Restricted Stock Unit that the Executive holds (or, if applicable, any Restricted Stock Unit that becomes vested as a result of the following) upon the occurrence of any event giving rise to the exercise of any rights of any party to the Sale Participation Agreement entered into by and between the Executive, KKR Partners II, L.P. and KKR 1996 Fund L.P. made as of November 1, 2001 with regard to such Restricted Stock Unit, for the limited purpose of participating in the event giving rise to the exercise of such rights to the extent permitted or otherwise provided under such Sale Participation Agreement.

Entitlement to Receive Common Stock. Unless otherwise set forth herein or in the Management Stockholder’s Agreement, the Grantee shall be entitled to receive one share of Common Stock for each Restricted Stock Unit that the Grantee holds (and has not forfeited) (such date of delivery, the “Maturity Date”), and delivery of Common Stock hereunder shall be made on the second anniversary of the Grant Date.

Entitlement to Receive Common Stock