Common use of Issuance and Distribution Clause in Contracts

Issuance and Distribution. 4.1 After the end of the Performance Period and prior to the commencement of the payment of Shares relating to the Award, the Committee shall certify in writing the extent to which the Performance Goals and any other material terms of this Agreement have been achieved. For purposes of this provision, and for so long as the Code permits, the approved minutes of the Committee meeting in which the certification is made may be treated as written certification.

Appears in 10 contracts

Samples: Performance Share Unit Award Agreement (CNX Resources Corp), Performance Share Unit Award Agreement (CNX Resources Corp), Performance Share Unit Award Agreement (CNX Resources Corp)

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Issuance and Distribution. 4.1 a. After the end of the Performance Period and prior to the commencement of the payment of Shares relating to the Award, the Committee shall certify in writing the extent to which the Performance Goals and any other material terms of this Agreement have been achieved. For purposes of this provision, and for so long as the Code permits, the approved minutes of the Committee meeting in which the certification is made may be treated as written certification.

Appears in 2 contracts

Samples: Performance Share Unit Award Agreement (CNX Resources Corp), Performance Share Unit Award Agreement (CNX Resources Corp)

Issuance and Distribution. 4.1 1.1 After the end of the Performance Period and prior to the commencement of the payment of Shares relating to the Award, the Committee shall certify in writing the extent to which the Performance Goals and any other material terms of this Agreement have been achieved. For purposes of this provision, and for so long as the Code permits, the approved minutes of the Committee meeting in which the certification is made may be treated as written certification.

Appears in 2 contracts

Samples: Performance Share Unit Award Agreement (CNX Resources Corp), Performance Share Unit Award Agreement (CNX Resources Corp)

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Issuance and Distribution. 4.1 After the end of the Performance Period and prior to the commencement of the payment of Shares relating to the AwardPeriod, the Committee shall certify in writing prior to payment the extent to which the applicable Performance Goals Goal and any other material terms of this Agreement have been achieved. For purposes of this provision, and for so long as the Code permits, the approved minutes of the Committee meeting in which the certification is made may be treated as written certification.

Appears in 1 contract

Samples: Performance Share Unit Award Agreement (CONSOL Energy Inc)

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