Issuance of the Common Stock. (a) The Company will issue to the Grantee the Common Stock underlying the vested Deferred Stock Units on the Vesting Date or, if earlier, upon the occurrence of a Vesting Event. (b) Except to the extent permitted by the Company and the Plan, no Common Stock may be issued to the Grantee at a time earlier than otherwise expressly provided in this Agreement. (c) The Company’s obligations to the Grantee with respect to the Deferred Stock Units will be satisfied in full upon the issuance of shares of Common Stock corresponding to such Deferred Stock Units.
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Samples: Deferred Stock Units Agreement (Smucker J M Co), Deferred Stock Units Agreement (Smucker J M Co)
Issuance of the Common Stock. (a) The Company will issue to the Grantee the Common Stock underlying the vested Deferred Stock Units on the Vesting Date or, if earlier, upon the occurrence of a Vesting Event.
(b) Except to the extent permitted by the Company and the Plan, no Common Stock may be issued to the Grantee at a time earlier than otherwise expressly provided in this Agreement.
(c) The Company’s 's obligations to the Grantee with respect to the Deferred Stock Units will be satisfied in full upon the issuance of shares of Common Stock corresponding to such Deferred Stock Units.
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Issuance of the Common Stock. (a) The Company will issue to the Grantee the Common Stock underlying the vested Deferred Stock Units Shares on the Vesting Date or, if earlier, upon the occurrence of a Vesting Event.
(b) Except to the extent permitted by the Company and the Plan, no Common Stock may be issued to the Grantee at a time earlier than otherwise expressly provided in this Agreement.
(c) The Company’s 's obligations to the Grantee with respect to the Deferred Stock Units Shares will be satisfied in full upon the issuance of shares of Common Stock corresponding to such Deferred Stock UnitsShares.
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