Payment of Cash Awards Sample Clauses

Payment of Cash Awards. That portion of a Participant's Incentive Award payable in cash shall be paid as soon as practicable following the close of the Plan Year.
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Payment of Cash Awards. Settlement Class Members will be provided the option when submitting their claims of receiving an electronic payment in lieu of a paper check. Electronic payments will be sent to Settlement Class Members by the Class Administrator no later than thirty (30) calendar days after the Effective Date. Settlement checks making the Cash Award will be sent to Settlement Class Members by the Class Administrator via U.S. mail no later than thirty (30) calendar days after the Effective Date. The Class Administrator will advise Class Counsel and Defendant’s Counsel, of the names of the Settlement Class Members whose checks are returned by the postal service as soon as practicable. Each original settlement check will be negotiable for ninety (90) calendar days after it is issued. Upon a timely request made by a Settlement Class Member, the Class Administrator may re-issue a settlement check, provided that the re-issued check will not be negotiable beyond the date that is ninety (90) calendar days after the date of issuance of the original check to such Settlement Class Member.
Payment of Cash Awards. Except as provided herein, the Earned Performance Payment and/or the Cash Payment will be paid out to the Participant through local payroll within a reasonable period following each vesting date of the Cash Awards, as set out in 3.1 above, but in no circumstance shall the Earned Performance Payment and/or the Cash Payment be paid later than the date that is 2 ½ months following the end of the year in which the applicable vesting date occurs (which payment schedule is intended to comply with the “short-term deferral” exception from the application of Section 409A of the Code). Anything in Section 3.1 hereof to the contrary notwithstanding, the Participant will have no right to the Earned Performance Payment and/or the Cash Payment until the Earned Performance Payment and/or the Cash Payment are actually paid to the Participant. Subject to Section 6.14 hereof, in the case the Committee exercises its discretion under Section 3.1(e) hereof and the Earned Performance-Based Deferred Cash Award becomes vested on an accelerated basis pursuant to either Section 3.2 (b), (c) or (d), the Earned Performance Payment underlying the Performance-Based Deferred Cash Award shall be paid on April 1st of the year following the last day of the applicable Performance Period. Finally, the Company shall not be required to pay out the Earned Performance Payment and/or the Cash Payment to the Participant unless and until the Participant has paid or made arrangements to pay any Tax-Related Items liability in accordance with Section 2.3.
Payment of Cash Awards. Payment, if any, with respect to a Cash Award shall be made in accordance with the terms of the Award as set forth in the Award Agreement.
Payment of Cash Awards. Within sixty (60) days after the Effective Date, the Administrator shall mail to each Tier 1 or Tier 2 Settlement Class Member a check in the amount of such Tier 1 or Tier 2 Settlement Class Member’s Cash Award at the most recent address shown in the Tribal Officialselectronic records or identified by the Administrator using the NCOA or any equivalent database, or to any updated address provided by the Tier 1 or Tier 2 Settlement Class Member to the Administrator. Tier 1 and Tier 2 Settlement Class Members shall be advised that the checks must be deposited or cashed within ninety (90) days of the postmarked date. On the forty-fifth (45th) day following the mailing of all Cash Awards, the Administrator shall email all Tier 1 and Tier 2 Settlement Class Members receiving a Cash Award a reminder to cash the check. After ninety (90) days from the date of mailing (the “void date”), each Cash Award check shall become void.
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