Common use of Payment Where Participant Has Not Elected to Defer Award Clause in Contracts

Payment Where Participant Has Not Elected to Defer Award. Except for the events provided in (a) above, unless Participant has elected to defer the Performance Units under this Award Agreement, as soon as practical after the end of the Performance Period but no later than the last day of the calendar year in which the Performance Period ends, the Company shall cause to be paid the cash value of vested Performance Units (less any amounts withheld to pay withholding taxes).

Appears in 2 contracts

Samples: Performance Unit Award Agreement (Mosaic Co), Performance Unit Award Agreement (Mosaic Co)

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Payment Where Participant Has Not Elected to Defer Award. Except for Unless the events provided in (a) above, unless Participant has elected to defer the Performance Units under this Award Agreement, as soon as practical after the end upon expiration of the Performance Period but no later than the last day of the calendar year in which the Performance Period endsPeriod, the Company shall cause to be paid the cash value of vested whole and fractional Performance Units (less any amounts withheld to pay withholding taxes).

Appears in 1 contract

Samples: Settled TSR Performance Unit Award Agreement (Mosaic Co)

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Payment Where Participant Has Not Elected to Defer Award. Except for the events provided in (a) above, unless Unless Participant has elected to defer the Performance Units under this Award Agreement, as soon as practical after the end of the Performance Period but no later than the last day of the calendar year in which the Performance Period ends, the Company shall cause to be paid the cash value of vested Performance Units (less any amounts withheld to pay withholding taxes).

Appears in 1 contract

Samples: Settled TSR Performance Unit Award Agreement (Mosaic Co)

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