Common use of Payment after Vesting Clause in Contracts

Payment after Vesting. Any Performance Shares that vest in accordance with paragraphs 3 or 4 will be paid to the Employee as soon as practicable following the date of vesting, subject to paragraph 8. For each Performance Share that vests, the Employee will receive one Share.

Appears in 4 contracts

Samples: Performance Share Agreement (Planar Systems Inc), Performance Share Agreement (Planar Systems Inc), Performance Share Agreement (Planar Systems Inc)

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Payment after Vesting. Any Performance Shares that vest in accordance with paragraphs paragraph 3 or 4 will be paid to the Employee (or in the event of the Employee’s death, to his or her estate) in Shares which have an aggregate Fair Market Value equal to the value of the earned Performance Shares at vesting as soon as practicable following the date of vesting, subject to paragraph 8. For each Performance Share that vests, the Employee will receive one Share.

Appears in 4 contracts

Samples: Performance Share Agreement (Echelon Corp), Performance Share Agreement (Echelon Corp), Performance Share Agreement (Echelon Corp)

Payment after Vesting. Any Performance Shares that vest in accordance with paragraphs 3 or 4 will be paid to the Employee (or in the event of the Employee’s death, to his or her estate) in Shares which have an aggregate Fair Market Value equal to the value of the earned Performance Shares at vesting as soon as practicable following the date of vesting, subject to paragraph 8. For each Performance Share that vests, the Employee will receive one Share.

Appears in 3 contracts

Samples: Performance Share Agreement (Echelon Corp), Performance Share Agreement (Echelon Corp), Performance Share Agreement (Echelon Corp)

Payment after Vesting. Any Performance Shares that vest in accordance with paragraphs Sections 3 or 4 through 5 will be paid to the Employee as soon as practicable following the date of vesting, subject to paragraph 8. For each Performance Share that vests, the Employee will receive one ShareSection 9.

Appears in 2 contracts

Samples: Performance Share Unit Agreement (Northwest Pipe Co), Performance Share Unit Agreement (Northwest Pipe Co)

Payment after Vesting. Any Performance Shares that vest in accordance with paragraphs 3 or paragraph 4 will be paid to the Employee Grantee (or in the event of the Grantee’s death, to his or her estate) in Shares as soon as practicable following the date of vesting, subject to paragraph 89. For each Any Performance Share Shares that vestsvest in accordance with paragraph 5 will be paid to the Grantee (or in the event of the Grantee’s death, to his or her estate) in Shares in accordance with the Employee will receive one Shareprovision of such paragraph, subject to paragraph 9.

Appears in 2 contracts

Samples: Performance Share Agreement (Palm Inc), Performance Share Agreement (Palm Inc)

Payment after Vesting. Any Performance Shares that vest in accordance with paragraphs 3 or through 4 will be paid to the Employee (or in the event of the Employee’s death, to his or her estate) as soon as practicable following the date of vesting, subject to paragraph 8. Any Performance Shares that vest in accordance with paragraphs 5 or 11 will be paid to the Employee (or in the event of the Employee’s death, to his or her estate) in accordance with the provisions of such paragraphs, subject to paragraph 8. For each Performance Share that vests, the Employee will receive one Share.

Appears in 2 contracts

Samples: Performance Shares Agreement (Applied Materials Inc /De), Performance Share Agreement (Applied Materials Inc /De)

Payment after Vesting. Any Performance Shares that vest in accordance with paragraphs 3 or 4 through 5 will be paid to the Employee (or in the event of the Employee’s death, to his or her estate) in Shares that have an aggregate Fair Market Value equal to the value of the earned Performance Shares at vesting as soon as practicable following the date of vesting, subject to paragraph 8. For each Performance Share that vests, the Employee will receive one Share.

Appears in 1 contract

Samples: Performance Share Agreement (Applied Materials Inc /De)

Payment after Vesting. Any Performance Shares that vest in accordance with paragraphs paragraph 3 or 4 will be paid to the Employee as soon as practicable following (or in the date event of vestingthe Employee’s death, subject to paragraph 8. For each his or her estate) in Shares, provided that to the extent determined appropriate by the Company, any national, state and local withholding of taxes and/or social security contributions with respect to such Performance Share that vestsShares, if applicable, will be paid by the Employee will receive one Sharepursuant to Section 18 below.

Appears in 1 contract

Samples: Performance Share Agreement (Juniper Networks Inc)

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Payment after Vesting. Any Performance Shares that vest in accordance with paragraphs 3 or 4 will be paid to the Employee as soon as practicable following the date of vesting but in no event later than 30 days after the date of vesting, subject to paragraph 8. For each Performance Share that vests, the Employee will receive one Share.

Appears in 1 contract

Samples: Performance Share Agreement (Planar Systems Inc)

Payment after Vesting. Any Performance Shares that vest in accordance with paragraphs Sections 3 or 4 will be paid to the Employee as soon as practicable following the date of vesting, subject to paragraph Section 8. For each Performance Share that vests, the Employee will receive one Share.

Appears in 1 contract

Samples: Performance Share Agreement (Northwest Pipe Co)

Payment after Vesting. Any Performance Shares that vest in accordance with paragraphs 3 or and 4 will be paid to the Employee as soon as practicable following (or in the date event of vestingthe Employee’s death, subject to paragraph 8. For each his or her estate) in Shares which have a Fair Market Value equal to the cash value of the vested Performance Share Shares, provided that veststo the extent determined appropriate by the Company, any federal, state and local withholding taxes with respect to such Performance Shares will be paid by reducing the Employee will receive one Sharenumber of vested Performance Shares actually paid to the Employee.

Appears in 1 contract

Samples: Performance Share Agreement (Pmi Group Inc)

Payment after Vesting. Any Performance Shares that vest in accordance with paragraphs 3 or 4 will be paid to the Employee as soon as practicable (or in the event of the Employee’s death, to his or her estate) in Shares within thirty (30) days following the date of vesting, subject to paragraph 89. Any Performance Shares that vest in accordance with paragraph 5 will be paid to the Employee (or in the event of the Employee’s death, to his or her estate) in accordance with the provisions of such paragraph, subject to paragraph 9. For each Performance Share that vests, the Employee will receive one Share.

Appears in 1 contract

Samples: Performance Share Agreement (Pixar \Ca\)

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