Common use of Form of Payment and Vesting Clause in Contracts

Form of Payment and Vesting. The Stock Award granted hereunder shall vest on the vesting dates set forth above, provided that the Participant is employed by the Company or one of its Subsidiaries on the applicable vesting date (except as set forth in Paragraph 4 of this Agreement). The Participant shall be entitled to receive one share of Company Stock in respect of each vested Stock Award as soon as practicable following the applicable vesting date, but no later than the later to occur of (a) the end of the calendar year in which the applicable vesting date occurs and (b) the fifteenth day of the third calendar month following the applicable vesting date.

Appears in 3 contracts

Samples: Stock Award Agreement (Endo International PLC), PLC Stock Award Agreement (Endo International PLC), PLC Stock Award Agreement (Endo International PLC)

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Form of Payment and Vesting. The Stock Award granted hereunder shall vest on the vesting dates set forth above, provided that the Participant is employed by the Company or one of its Subsidiaries on the applicable vesting date (except as set forth in Paragraph 4 of this Agreement). The Participant shall be entitled to receive one share of Company Stock in respect of each vested Stock Award as soon as practicable following the applicable vesting date, but no later than the later to occur of (ai) the end of the calendar year in which the applicable vesting date occurs and or (bii) the fifteenth day of the third calendar month following the applicable vesting date.

Appears in 2 contracts

Samples: Stock Award Agreement (Endo International PLC), Stock Award Agreement (Endo International PLC)

Form of Payment and Vesting. The Each Endo Stock Award granted hereunder shall vest represent the right to receive one (1) share of Common Stock as of the date of vesting. Except as provided in Section 7 of the Plan or Paragraph 4 of this Award Agreement, such vesting shall occur on the vesting dates set forth above, provided that the Participant is employed by the Company or one of its Subsidiaries on the applicable vesting date (except as set forth in Paragraph 4 date. Notwithstanding the above, a share of this Agreement). The Participant Common Stock shall be entitled to receive one share of Company Stock in respect of each vested Stock Award treated as soon as practicable following the applicable vesting date, but no later than the later to occur of (a) the end of the calendar year in which delivered on the applicable vesting date occurs and (b) provided that it is delivered on a date following the vesting date that is in the same calendar year as the vesting date or, if later, by the fifteenth day of the third calendar month following the applicable vesting date.

Appears in 1 contract

Samples: Endo Stock Award Agreement (Endo Health Solutions Inc.)

Form of Payment and Vesting. The Each Stock Award granted hereunder shall vest represent the right to receive one (1) share of Company Stock as of the date of vesting. Except as provided in Paragraph 4 of this Award Agreement, such vesting shall occur on the vesting dates set forth above, provided that the Participant is employed by the Company or one of its Subsidiaries on the applicable vesting date (except as set forth in Paragraph 4 of this Agreement)date. The Participant shall be entitled to receive one Notwithstanding the above, a share of Company Stock in respect of each vested Stock Award shall be treated as soon as practicable following the applicable vesting date, but no later than the later to occur of (a) the end of the calendar year in which delivered on the applicable vesting date occurs and (b) provided that it is delivered on a date following the vesting date that is in the same calendar year as the vesting date or, if later, by the fifteenth day of the third calendar month following the applicable vesting date.

Appears in 1 contract

Samples: Stock Award Agreement (Endo International PLC)

Form of Payment and Vesting. The Each Endo Stock Award granted hereunder shall vest represent the right to receive (1) one share of Company Stock as of the date of vesting. Except as provided in Section 7 of the Plan or Paragraph 4 of this Award Agreement, such vesting shall occur on the vesting dates set forth above, Exhibit 10.208 provided that the Participant is employed by the Company or one on the applicable vesting date. Notwithstanding the above, a share of its Subsidiaries Company Stock shall be treated as delivered on the applicable vesting date (except as set forth in Paragraph 4 of this Agreement). The Participant shall be entitled to receive one share of Company Stock in respect of each vested Stock Award as soon as practicable provided that it is delivered on a date following the applicable vesting date, but no later than date that is in the later to occur of (a) the end of the same calendar year in which as the applicable vesting date occurs and (b) or, if later, by the fifteenth day of the third calendar month following the applicable vesting date.

Appears in 1 contract

Samples: Option Agreement (Endo International PLC)

Form of Payment and Vesting. The Each Endo Stock Award granted hereunder shall vest represent the right to receive (1) one share of Company Stock as of the date of vesting. Except as provided in Section 7 of the Plan or Paragraph 4 of this Award Agreement, such vesting shall occur on the vesting dates set forth above, provided that the Participant is employed by the Company or one on the applicable vesting date. Notwithstanding the above, a share of its Subsidiaries Company Stock shall be treated as delivered on the applicable vesting date (except as set forth in Paragraph 4 of this Agreement). The Participant shall be entitled to receive one share of Company Stock in respect of each vested Stock Award as soon as practicable provided that it is delivered on a date following the applicable vesting date, but no later than date that is in the later to occur of (a) the end of the same calendar year in which as the applicable vesting date occurs and (b) or, if later, by the fifteenth day of the third calendar month following the applicable vesting date.

Appears in 1 contract

Samples: Endo Stock Award Agreement (Endo Pharmaceuticals Holdings Inc)

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Form of Payment and Vesting. The Each Endocentive Stock Award granted hereunder shall vest represent the right to receive (1) one share of Company Stock as of the date of vesting. Except as provided in Section 7 of the Plan or Paragraph 4 of this Award Agreement, such vesting shall occur on the vesting dates set forth above, provided that the Participant is employed by the Company or one on the applicable vesting date. Notwithstanding the above, a share of its Subsidiaries Company Stock shall be treated as delivered on the applicable vesting date (except as set forth in Paragraph 4 of this Agreement). The Participant shall be entitled to receive one share of Company Stock in respect of each vested Stock Award as soon as practicable provided that it is delivered on a date following the applicable vesting date, but no later than date that is in the later to occur of (a) the end of the same calendar year in which as the applicable vesting date occurs and (b) or, if later, by the fifteenth day of the third calendar month following the applicable vesting date.

Appears in 1 contract

Samples: Stock Award Agreement (Endo Pharmaceuticals Holdings Inc)

Form of Payment and Vesting. The Each Stock Award granted hereunder shall vest represent the right to receive one (1) share of Common Stock as of the date of vesting. Except as provided in Paragraphs 4 and 5 of this Award Agreement, such vesting shall occur on the vesting dates set forth above, provided that the Participant is employed by the Company or one of its Subsidiaries on the applicable vesting date (except as set forth in Paragraph 4 date. Notwithstanding the above and subject to Section 9 of this Agreement). The Participant the Plan, a share of Common Stock shall be entitled to receive one share of Company Stock in respect of each vested Stock Award treated as soon as practicable following the applicable vesting date, but no later than the later to occur of (a) the end of the calendar year in which delivered on the applicable vesting date occurs and (b) provided that it is delivered on a date following the vesting date that is in the same calendar year as the vesting date or, if later, by the fifteenth day of the third calendar month following the applicable vesting date.

Appears in 1 contract

Samples: Stock Award Agreement (Endo Health Solutions Inc.)

Form of Payment and Vesting. The Each Endo Stock Award granted hereunder shall vest represent the right to receive (1) one share of Common Stock as of the date of vesting. Except as provided in Section 7 of the Plan or Paragraph 4 of this Award Agreement, such vesting shall occur on the vesting dates set forth above, provided that the Participant is employed by the Company or one of its Subsidiaries on the applicable vesting date (except as set forth in Paragraph 4 date. Notwithstanding the above, a share of this Agreement). The Participant Common Stock shall be entitled to receive one share of Company Stock in respect of each vested Stock Award treated as soon as practicable following the applicable vesting date, but no later than the later to occur of (a) the end of the calendar year in which delivered on the applicable vesting date occurs and (b) provided that it is delivered on a date following the vesting date that is in the same calendar year as the vesting date or, if later, by the fifteenth day of the third calendar month following the applicable vesting date.

Appears in 1 contract

Samples: Award Agreement (Endo Health Solutions Inc.)

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