Common use of No Deferral or Retirement Eligibility Clause in Contracts

No Deferral or Retirement Eligibility. If you are not eligible for Retirement such that your Award is not subject to Section 409A and have not elected to defer receipt of your shares of Common Stock, and this Award is otherwise exempt from Section 409A, the then-unvested Restricted Stock Units subject to this Award will be treated pursuant to Section 17 of the Plan, subject to the provisions of Section 13 hereof.

Appears in 3 contracts

Samples: Restricted Stock Unit Award Agreement (Williams Sonoma Inc), Restricted Stock Unit Award Agreement (Williams Sonoma Inc), Restricted Stock Unit Award Agreement (Williams Sonoma Inc)

AutoNDA by SimpleDocs

No Deferral or Retirement Eligibility. If you are not eligible for Retirement such that your Award is not subject to Section 409A on the date of consummation of the non-409A Change of Control and have not elected to defer receipt of your shares of Common Stock, and such that this Award is otherwise exempt from Section 409A, the then-unvested Restricted Stock Units subject to this Award will be treated pursuant to Section 17 of the Plan, subject to the provisions of Section 13 9 hereof.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Williams Sonoma Inc)

No Deferral or Retirement Eligibility. If you are not eligible for Retirement such that your Award is not subject to Section 409A on the date of consummation of the non-409A Change of Control and have not elected to defer receipt of your shares of Common Stock, and such that this Award is otherwise exempt from Section 409A, the then-unvested Restricted Stock Units subject to this Award will be treated pursuant to Section 17 of the Plan, subject to the provisions of Section 13 hereof.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Williams Sonoma Inc)

No Deferral or Retirement Eligibility. If you are not eligible for Retirement such that your Award is not subject to Section on the date of consummation of the 409A Change of Control and have not elected to defer receipt of your shares of Common Stock, and such that this Award is otherwise exempt from Section 409A, the then-unvested Restricted Stock Units subject to this Award will be treated pursuant to Section 17 of the Plan, subject to the provisions of Section 13 hereof.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Williams Sonoma Inc)

AutoNDA by SimpleDocs

No Deferral or Retirement Eligibility. If you are not eligible for Retirement such that your Award is not subject to Section on the date of consummation of the 409A Change of Control and have not elected to defer receipt of your shares of Common Stock, and such that this Award is otherwise exempt from Section 409A, the then-unvested Restricted Stock Units subject to this Award will be treated pursuant to Section 17 of the Plan, subject to the provisions of Section 13 9 hereof.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Williams Sonoma Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!