Common use of Payment of the Award Clause in Contracts

Payment of the Award. E.1 PAYMENT TIMING Except as otherwise provided below, vested Payout Share Units that remain outstanding will be settled as soon as practicable following the applicable Final Award Date (and no later than (x) in the event of your death, December 31st following the year of death or (y) March 15th following the year the Award vests).

Appears in 2 contracts

Samples: Incentive Performance Units Award Agreement (PNC Financial Services Group, Inc.), Incentive Performance Units Award Agreement (PNC Financial Services Group, Inc.)

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Payment of the Award. E.1 D.1 PAYMENT TIMING Except as otherwise provided below, vested Payout Share Units that remain outstanding will be settled as soon as practicable following the applicable Final Award Date (and no later than (x) in the event of your death, December 31st following the year of death or (y) March 15th following the year the Award vests).

Appears in 2 contracts

Samples: Incentive Award Agreement (PNC Financial Services Group, Inc.), Cash Payable Incentive Performance Units Award Agreement (PNC Financial Services Group, Inc.)

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