Issuance of Eligible PRSUs. Subject to earlier issuance pursuant to the terms of this Agreement or the Plan, on May 31, 2021, the Company shall issue, or cause there to be transferred, to the Executive an amount of Shares representing the Eligible PRSUs (as adjusted pursuant to Section 2 above, if applicable); provided that the Executive continues to be employed by Sirius XM on May 31, 2021.
Issuance of Eligible PRSUs. Subject to the terms of this Agreement and/or the Plan, on the Term End Date (as defined in the Employment Agreement) the Company shall issue, or cause there to be transferred, to the Executive an amount of Shares representing the Eligible PRSUs (as adjusted pursuant to Section 2 above, if applicable); provided that the Executive continues to be employed with Sirius XM Radio Inc. or any of its subsidiaries or affiliates (collectively “Sirius XM”) on the Term End Date.
Issuance of Eligible PRSUs. Subject to the terms of this Agreement and/or the Plan, on the first (1st) business day after the Certification Date, the Company shall issue, or cause there to be transferred, to the Executive an amount of Shares representing the Eligible PRSUs (as adjusted pursuant to Section 2 above, if applicable); provided that the Executive continues to be employed with Sirius XM Radio Inc. or any of its subsidiaries or affiliates (collectively “Sirius XM”) on January 2, 2025.
Issuance of Eligible PRSUs. The Eligible PRSUs shall vest subject to the Employee’s continuous service with Sirius XM Radio Inc. (“Sirius XM”) or any of its subsidiaries or affiliates through August 5, 2019 (such date, the “Settlement Date”). Subject to the terms of this Agreement and/or the Plan, the Company shall issue to the Employee on the Settlement Date, a number of Shares equal to the number of Eligible PRSUs held by the Employee as of the Settlement Date.
Issuance of Eligible PRSUs. Subject to the terms of this Agreement and/or the Plan, the Company shall issue, or cause there to be transferred, an amount of Shares representing the Eligible PRSUs (as adjusted pursuant to Section 2 above, if applicable) in the following manner; (i) if the Performance Period is two years, the Shares shall be distributed to the Executive on the Term End Date (as defined in the Employment Agreement), provided that the Executive remained employed with Sirius XM Radio LLC or any of its subsidiaries or affiliates (collectively “Sirius XM”) through the Term End Date; (ii) if the Performance Period is three years, the Shares shall be distributed on the first (1st) business day following the Certification Date, provided that the Executive remained employed with Sirius XM through the Term End Date.
