Payment of PRSUs. The PRSUs will become payable in accordance with the provisions of Section 6 of this Agreement if the Restriction Period lapses and Grantee’s right to receive payment for the PRSUs becomes nonforfeitable (“Vest,” “Vesting” or “Vested”) in accordance with Section 3 and Section 4 of this Agreement.
Payment of PRSUs. The PRSUs covered by this Agreement shall become payable to the Grantee if they become nonforfeitable in accordance with Sections 3, 4, 5 or 6 of Article II.
Payment of PRSUs. At such time as the PRSUs shall be measured and shall become earned as specified herein, the shares of Common Stock underlying such PRSUs shall be transferred to Grantee as soon as practicable after the appropriate Vesting Date, and in all events by March 15 of the year following the year that includes the Vesting Date, except as otherwise provided in Section 9. Such shares of Common Stock shall be newly issued shares by the Company.
Payment of PRSUs. To the extent that the PRSUs (or a number of units subject to a substitute award) become vested and earned pursuant to Section 3 or Section 4 above, the shares of Common Stock underlying such PRSUs (or shares underlying such substitute award units) shall be transferred to Grantee no later than 15 days after the date on which the PRSUs (or substitute award units) become vested and earned, and in all events within the short-term deferral period specified in Treas. Reg. § 1.409A-1(b)(4), except as otherwise provided in Section 10.
Payment of PRSUs. If the PRSUs under this Agreement become nonforfeitable (“Vest,” “Vesting,” or “Vested”) in accordance with Section 4, the Participant will be entitled to payment of the Vested PRSUs at the time specified in Section 5.
