Common use of Payment of Awards Clause in Contracts

Payment of Awards. The payment of the Award, including any accrued dividend equivalents accumulated pursuant to Section 2(a), shall be made in shares of Common Stock. Except as may otherwise be provided in subparagraph 2(e), the payment of an Award shall be made within 70 days following the end of the Restricted Period.

Appears in 17 contracts

Samples: Award Agreement (Kimberly Clark Corp), Award Agreement (Kimberly Clark Corp), Award Agreement (Kimberly Clark Corp)

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Payment of Awards. The payment of the Award, including Award shall be made in shares of Common Stock except that any accrued dividend equivalents accumulated pursuant to Section 2(a), ) shall be made paid in shares of Common Stockcash. Except as may otherwise be provided in subparagraph 2(e), the payment of an Award shall be made within 70 days following the end of the Restricted Period.

Appears in 2 contracts

Samples: Award Agreement (Kimberly Clark Corp), Award Agreement (Kimberly Clark Corp)

Payment of Awards. The Unless otherwise set forth herein, the payment of the Award, including any accrued dividend equivalents accumulated pursuant to Section 2(a), shall be made in shares of Common Stock. Except as may otherwise be provided in subparagraph 2(e), Stock and the payment of an Award shall be made within 70 days following the end of the Restricted Period.

Appears in 1 contract

Samples: Award Agreement (Kimberly Clark Corp)

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Payment of Awards. The payment of the Award, including any accrued dividend equivalents accumulated pursuant to Section 2(a), Award shall be made in shares of Common Stock. Except as may otherwise be provided in subparagraph 2(e), the payment of an Award shall be made within 70 90 days following the end date of vesting of the Restricted PeriodAward under the previous subparagraphs unless the Employee elects to defer payment under paragraph 3.

Appears in 1 contract

Samples: Award Agreement (Kimberly Clark Corp)

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