Common use of Issuance of Shares of Stock Clause in Contracts

Issuance of Shares of Stock. The Company shall issue to the Participant on the Settlement Date (that is, the date on which the Units shall vest and become Vested Units) with respect to each Vested Unit to be settled on such date one (1) share of Stock. Shares of Stock issued in settlement of Units shall not be subject to any restriction on transfer other than any such restriction as may be required pursuant to Section 5.c., Section 6 or the Company’s Xxxxxxx Xxxxxxx Policy. For purposes of this Section, “Xxxxxxx Xxxxxxx Policy” means the written policy of the Company pertaining to the sale, transfer or other disposition of the Company’s equity securities by members of the Board, officers or other employees who may possess material, non-public information regarding the Company, as in effect at the time of a disposition of any Stock.

Issuance of Shares of Stock. The Company shall issue to the Participant on the Settlement Date (that is, the date on which the Units shall vest and become Vested Units) with respect to each Vested Unit to be settled on such date one (1) share of Stock. Shares of Stock issued in settlement of Units shall not be subject to any restriction on transfer other than any such restriction as may be required pursuant to Section 5.c.5. c., Section 6 or the Company’s Xxxxxxx Xxxxxxx Policy. For purposes of this Section, “Xxxxxxx Xxxxxxx Policy” means the written policy of the Company pertaining to the sale, transfer or other disposition of the Company’s equity securities by members of the Board, officers or other employees who may possess material, non-public information regarding the Company, as in effect at the time of a disposition of any StockShares.

Issuance of Shares of Stock. The Company shall issue to the Participant on the applicable Settlement Date (that is, the date on which a portion of the Units shall vest and become Vested Units) with respect to each Vested Unit to be settled on such date one (1) share of Stock. Shares of Stock issued in settlement of Units shall not be subject to any restriction on transfer other than any such restriction as may be required pursuant to Section 5.c.5. c., Section 6 or the Company’s Xxxxxxx Xxxxxxx Policy. For purposes of this Section, “"Xxxxxxx Xxxxxxx Policy” " means the written policy of the Company pertaining to the sale, transfer or other disposition of the Company’s 's equity securities by members of the Board, officers or other employees who may possess material, non-public information regarding the Company, as in effect at the time of a disposition of any StockShares.

Issuance of Shares of Stock. The Subject to the provisions of Section 6(c) below, the Company shall issue to the Participant on the Settlement Date (that is, the date on which the Units shall vest and become Vested Units) with respect to each Vested Unit to be settled on such date one (1) share of Stock. Shares of Stock issued in settlement of Units shall not be subject to any restriction on transfer other than any such restriction as may be required pursuant to Section 5.c.6(c), Section 6 7 or the Company’s 's Xxxxxxx Xxxxxxx Policy. For purposes of this Section, “"Xxxxxxx Xxxxxxx Policy” " means the written policy of the Company pertaining to the sale, transfer or other disposition of the Company’s 's equity securities by members of the Board, officers or other employees who may possess material, non-public information regarding the Company, as in effect at the time of a disposition of any StockShares.

Issuance of Shares of Stock. The Company shall issue to the Participant on the applicable Settlement Date (that is, the date on which the Units shall vest and become Vested Units) with respect to each Vested Unit to be settled on such date one (1) share of Stock. Shares of Stock issued in settlement of Units shall not be subject to any restriction on transfer other than any such restriction as may be required pursuant to Section 5.c.5. c., Section 6 or the Company’s Xxxxxxx Xxxxxxx Policy. For purposes of this Section, “"Xxxxxxx Xxxxxxx Policy” " means the written policy of the Company pertaining to the sale, transfer or other disposition of the Company’s equity securities by members of the Board, officers or other employees who may possess material, non-public information regarding the Company, as in effect at the time of a disposition of any StockShares.

Issuance of Shares of Stock. The Subject to the provisions of Section 6(c) below, the Company shall issue to the Participant on the Settlement Date (that is, the date on which the Units shall vest and become Vested Units) with respect to each Vested Unit to be settled on such date one (1) share of Stock. Shares of Stock issued in settlement of Units shall not be subject to any restriction on transfer other than any such restriction as may be required pursuant to Section 5.c.6(c), Section 6 7 or the Company’s Xxxxxxx Xxxxxxx Policy. For purposes of this Section, “Xxxxxxx Xxxxxxx Policy” means the written policy of the Company pertaining to the sale, transfer or other disposition of the Company’s equity securities by members of the Board, officers or other employees who may possess material, non-public information regarding the Company, as in effect at the time of a disposition of any StockShares.

Issuance of Shares of Stock. The Company shall issue to the Participant on the Settlement Date (that is, the date on which the Units shall vest and become Vested Units) with respect to each Vested Unit to be settled on such date one (1) share of Stock. Shares of Stock issued in settlement of Units shall not be subject to any restriction on transfer other than any such restriction as may be required pursuant to Section 5.c., 4.c. or Section 6 5 of this Agreement or the Company’s Xxxxxxx Xxxxxxx Policy. For purposes of this SectionAgreement, “Xxxxxxx Xxxxxxx Policy” means the written policy of the Company pertaining to the sale, transfer or other disposition of the Company’s equity securities by members of the Board, officers or other employees who may possess material, non-public information regarding the Company, as in effect at the time of a disposition of any Stock.