Common use of Payment of Restricted Share Units Clause in Contracts

Payment of Restricted Share Units. Payment of any Restricted Share Units that vest as set forth herein will be made in the form of Common Shares, in cash, or in a combination of the two, as determined in the sole discretion of the Committee. Payment will be made as soon as practicable after the applicable vesting date and in all events within the short-term deferral period specified in Section 409A of the Code.

Appears in 5 contracts

Samples: Restricted Share Unit Award Agreement (Aci Worldwide, Inc.), Restricted Share Unit Award Agreement (Aci Worldwide, Inc.), Restricted Share Unit Award Agreement (Aci Worldwide, Inc.)

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Payment of Restricted Share Units. Payment of any Restricted Share Units that vest as set forth herein will be made in the form of Common Shares, in cash, or in a combination of the two, as determined in the sole discretion of the Committee. Payment will be made as soon as practicable after the applicable vesting date and in all events within the short-term deferral period specified in Section 409A of the Codedate.

Appears in 1 contract

Samples: Restricted Share Unit Award Agreement (Aci Worldwide, Inc.)

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