Common use of Form and Timing of Payment of Performance Shares Clause in Contracts

Form and Timing of Payment of Performance Shares. Payment of the Performance Shares, including accrued dividends, shall be made fifty percent (50%) in cash and fifty percent (50%) in shares of Company stock. Payment of Performance Shares shall be made within sixty (60) calendar days following the close of the Performance Period, subject to the following:

Appears in 11 contracts

Samples: Performance Share Award Agreement (Black Hills Corp /Sd/), Performance Share Award Agreement (Black Hills Corp /Sd/), Performance Share Award Agreement (Black Hills Corp /Sd/)

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Form and Timing of Payment of Performance Shares. Payment of the Performance Shares, including accrued dividends, shall be made fifty percent (50( %) in cash and fifty percent (50( %) in shares of Company stock. Payment of Performance Shares shall be made within sixty thirty (6030) calendar days following the close of the Performance Period, subject to the following:

Appears in 1 contract

Samples: Award Agreement (RBB Bancorp)

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