Form and Time of Payment of RSUs. (a) Payment for the RSUs, after and to the extent they have become Vested, shall be made in the form of one Common Share for each Vested RSU. Payment shall be made as soon as administratively practicable following (but no later than 30 days following) the date that the RSUs become Vested pursuant to Section 3 hereof. In all events, payment for the RSUs (to the extent Vested) shall be made within the short-term deferral period for purposes of Section 409A of the Code.
Appears in 1 contract
Samples: Restricted Share Units Award Agreement (Amerisafe Inc)
Form and Time of Payment of RSUs. (a) Payment for the RSUs, after and to the extent they have become Vested, shall be made in the form of one Common Share for each Vested RSUShares. Payment shall be made as soon as administratively practicable following (but no later than 30 thirty (30) days following) the date that the RSUs become Vested pursuant to Section 3 4 hereof. In all events, payment for the RSUs (to the extent Vested) shall be made within the short-term deferral period for purposes of Section 409A of the Code.AmericasActive:19180176.2
Appears in 1 contract
Samples: Restricted Stock Units Agreement (NexPoint Real Estate Finance, Inc.)
Form and Time of Payment of RSUs. (a) Payment for the RSUs, after and to the extent they have become Vested, shall be made in the form of one Common Share for each Vested RSUShares. Payment shall be made as soon as administratively AmericasActive:19176539.2 practicable following (but no later than 30 thirty (30) days following) the date that the RSUs become Vested pursuant to Section 3 4 hereof. In all events, payment for the RSUs (to the extent Vested) shall be made within the short-term deferral period for purposes of Section 409A of the Code.
Appears in 1 contract
Samples: Restricted Shares Units Agreement (Nexpoint Diversified Real Estate Trust)
Form and Time of Payment of RSUs. (a) Payment for the RSUs, after and to the extent they have become Vested, shall be made in the form of one Common Share for each Vested RSUShares. Payment shall be made as soon as administratively AmericasActive:17402655.3 practicable following (but no later than 30 thirty (30) days following) the date that the RSUs become Vested pursuant to Section 3 4 hereof. In all events, payment for the RSUs (to the extent Vested) shall be made within the short-term deferral period for purposes of Section 409A of the Code.
Appears in 1 contract
Samples: Restricted Shares Units Agreement (Nexpoint Diversified Real Estate Trust)
