Common use of Payment of Restricted Stock Units Clause in Contracts

Payment of Restricted Stock Units. The Restricted Stock Units that become vested and nonforfeitable pursuant to Section 2 above will be paid in whole unrestricted and fully transferable shares of Stock within 30 days of each Vesting Date identified in the Grant Notice.

Appears in 2 contracts

Samples: 2016 Equity Incentive Plan (Gold Resource Corp), Restricted Stock Unit Agreement (Gold Resource Corp)

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Payment of Restricted Stock Units. The Restricted Stock Units that become vested and nonforfeitable pursuant to Section 2 above will be paid in whole unrestricted and fully transferable shares of Stock within 30 days of each Vesting Date vesting date identified in the Grant Notice, or, with respect to a vesting date that is due to a Change of Control, within 10 days (each, a “Vesting Date”), and in no event later than March 15 of the calendar year following the calendar year in which such Vesting Date occurs.

Appears in 2 contracts

Samples: Merger Agreement (Revelstone Capital Acquisition Corp.), Merger Agreement (Revelstone Capital Acquisition Corp.)

Payment of Restricted Stock Units. The Restricted Stock Units that become vested and nonforfeitable pursuant to Section 2 above will be paid in whole unrestricted and fully transferable shares of Stock within 30 days of each Vesting Date identified in the Grant NoticeNotice unless Xxxxxxx has signed a timely election to defer the payment of Stock Pursuant to the attached Restricted Stock Unit Deferral Election.

Appears in 1 contract

Samples: 2016 Equity Incentive Plan (Gold Resource Corp)

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Payment of Restricted Stock Units. The Restricted Stock Units that become vested and nonforfeitable pursuant to Section 2 above will be paid in whole unrestricted and fully transferable shares of Stock within 30 days of each Vesting Date identified in the Grant NoticeNotice unless Gxxxxxx has signed a timely election to defer the payment of Stock pursuant to the attached Restricted Stock Unit Deferral Election.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Fortitude Gold Corp)

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