Common use of Payment of PRSUs Clause in Contracts

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.

Appears in 16 contracts

Samples: Performance Based Restricted Share Unit Agreement (TimkenSteel Corp), Restricted Share Unit Agreement (TimkenSteel Corp), Performance Based Restricted Share Unit Agreement (TimkenSteel Corp)

AutoNDA by SimpleDocs

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 5 of this Agreement.

Appears in 8 contracts

Samples: Restricted Stock Units Agreement (Ceco Environmental Corp), Restricted Stock Units Agreement (Ceco Environmental Corp), Restricted Stock Units Agreement (Ceco Environmental Corp)

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 GranteeXxxxxxx’s right to receive payment for an applicable payout percentage of the PRSUs becomes earned and nonforfeitable (“Vest,” “Vesting” or “Vested”) in accordance with Section 3 and Section 4 of this Agreement.

Appears in 2 contracts

Samples: Restricted Share Unit Agreement (Metallus Inc.), Restricted Share Unit Agreement (Metallus Inc.)

Payment of PRSUs. The PRSUs will become payable in accordance with the provisions of Section 6 of this Agreement if the Restriction Period restriction period for the PRSUs 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.

Appears in 2 contracts

Samples: Restricted Share Unit Inducement Award Agreement (TimkenSteel Corp), Inducement Award Agreement (TimkenSteel Corp)

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 Granteethe Holder’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.

Appears in 2 contracts

Samples: SITE Centers Corp., SITE Centers Corp.

AutoNDA by SimpleDocs

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 an applicable payout percentage of the PRSUs becomes earned and nonforfeitable (“Vest,” “Vesting” or “Vested”) in accordance with Section 3 and 3and Section 4 of this Agreement.

Appears in 1 contract

Samples: Restricted Share Unit Agreement (Metallus Inc.)

Payment of PRSUs. The PRSUs will become payable in accordance with the provisions of Section 6 of this Agreement Notice if the Restriction Period lapses and GranteeXxxxxxx’s right to receive payment for the PRSUs becomes nonforfeitable (“Vest,” “Vesting” or “Vested”) in accordance with Section 3 and Section 4 5 of this AgreementNotice.

Appears in 1 contract

Samples: Restricted Stock Units Award Notice (Comscore, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!