Payment and Vesting Sample Clauses

Payment and Vesting. If you remain employed through the Vest Dates, the Award will be paid on the Settlement Date(s) according to the vesting schedule, except in the case of death, as described below. If your Termination of Employment occurs for any reason before a Vest Date except for the reasons listed below, the Award will be forfeited. For the purposes of this Award, Termination of Employment will be effective as of the date that you are no longer actively employed and will not be extended by any notice period required under local law.
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Payment and Vesting. The number of Common Shares to be issued hereunder, based on the adjustment provisions set forth in Section 3 above, shall vest immediately and become issuable upon certification and approval by the Committee following completion of the Performance Period. Prior to vesting of the grant, the Performance Shares shall be subject to forfeiture as set forth in this Agreement.
Payment and Vesting. If you remain employed through the Vest Dates, the Award will be paid on the Vest Date(s) according to the vesting schedule except if you are a Board-Designated Section 16 Officer of the Company on the Vest Date(s) and in the case of death, as described below. If your Termination of Employment occurs for any reason before a Vest Date except for the reasons listed below, the Award will be forfeited. For the purposes of this Award, Termination of Employment will be effective as of the date that you are no longer actively employed and will not be extended by any notice period required under local law.
Payment and Vesting. (a) Provided the Non-Employee Director remains in the continuous service of the Company through ______________ (the “Vesting Date”), the Restricted Stock Units covered by this Agreement, will become vested, non-forfeitable and payable on such date. Payment of the Restricted Stock Units shall be made in the form of Common Shares.
Payment and Vesting. The [DELETED] will vest on the [DELETED] day of the [DELETED] and will be paid within [DELETED] days after the [DELETED] day of the [DELETED].
Payment and Vesting. The number of units to be issued hereunder, based on the adjustment provisions set forth in Section 3 above, (a) shall be payable in Common Shares equivalent to the number of units earned not to exceed the number of units granted and (b) any units earned in excess of the number of units granted will be paid in Common Shares or cash that is equivalent to the value of Common Shares on the date at the end of the Performance Period at the discretion of the Committee. Common Shares shall vest immediately and become issuable upon certification and approval by the Committee following completion of the Performance Period, except in cases of termination of employment under which issuance is described below. Prior to vesting of the grant, the Performance Units shall be subject to forfeiture as set forth in this Agreement.
Payment and Vesting. If you remain employed through the Vest Dates, the Award will be paid on the Vest Date(s) according to the vesting schedule except if you are a Board-Designated Section 16 Officer of the Company on the Vest Date(s) and in the case of death, as described below. If your Termination of Employment occurs for any reason before a Vest Date except for the reasons listed below, the Award will be forfeited. For the purposes of this Award, Termination of Employment will be effective as of the date that you are no longer actively employed and will not be extended by any notice period required under local law. ________________________________________________________________________________________
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Payment and Vesting. The [DELETED] will vest at the end of each [DELETED] during the Term and will be paid on a [DELETED] basis in accordance with Section 9 of this Agreement.
Payment and Vesting. The * will vest on the * and will be paid within * after *.
Payment and Vesting. Effective as of December 31, 2022 (the “Acceleration Date”), the Accelerated Annual Bonus will be paid and the Accelerated Equity Awards will vest and be settled.
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