Payout Date. The date of payment to Participant (the “Payout Date”) of dividend equivalents and accrued earnings thereon, if any, shall be not later than fifteen (15) days following the Vesting Date.
Payout Date. (a) The amounts paid under this Agreement shall be paid on the Vesting Date, based on the Share Price at Vesting.
Payout Date. The Payout Date shall be not later than fifteen (15) days following the Vesting Date.
Payout Date. The Payment Amount under this Agreement shall be paid within 30 days of the Vesting Date.
Payout Date. Shares that have been earned pursuant to Sections 2 and 3 hereof shall be transferred to Grantee as soon as practical after the end of the corresponding performance period described in those sections unless prior to the transfer of such Shares (but not later than March 15 following the end of that performance period) the Grantee has experienced a Termination of Service for any reason (other than in connection with a Change in Control (as defined in the Plans) or the death or disability of the Grantee), in which case such Shares shall not be transfrerred to the Grantee and instead shall be forfeited to the Company.
Payout Date. If the Committee determines that payments are due under a PSU with respect to a Performance Period, then payment shall be made in a lump sum within 60 days after the Committee determination, but in no event later than the end of the year following that Performance Period, provided the Grantee is actively employed by the Company or an Affiliate on the last day of the Performance Period to which the PSU relates. (SPECIFY WHETHER THE GRANTEE MUST ALSO BE EMPLOYED ON THE DATE OF PAYMENT. SPECIFY ADDITIONAL OR DIFFERENT PAYOUT TERMS. IF PAYOUT TERMS PROVIDE FOR THE DEFERRAL OF COMPENSATION, INCLUDE PROVISIONS THAT COMPLY WITH SECTION 409A OF THE CODE.)
Payout Date. If the Committee determines that payments are due under a PSU with respect to a Performance Period, then payment shall be made in a lump sum within 60 days after the Committee determination, but in no event later than the end of the year following that Performance Period, provided the Grantee is actively employed by the Corporation or an Affiliate on the last day of the Performance Period to which the PSU relates. (SPECIFY WHETHER THE GRANTEE MUST ALSO BE EMPLOYED ON THE DATE OF PAYMENT. SPECIFY ADDITIONAL OR DIFFERENT PAYOUT TERMS. IF PAYOUT TERMS PROVIDE FOR THE DEFERRAL OF COMPENSATION, INCLUDE PROVISIONS THAT COMPLY WITH SECTION 409A OF THE CODE.) 13. Transferability: The Grantee may not sell, assign, transfer, pledge or otherwise encumber any PSU award benefits that have not vested, except in the event of the Grantee's death, by will or by the laws of descent and distribution, or pursuant to a Domestic Relations Order.
Payout Date. The date the first income payment is paid from the contract to the Owner. The anticipated Payout Date is shown in Section 1.04. Payout Period. The phase the contract is in once income payments begin. Pro Rata. A method of withdrawing or adding values across all Allocation Options that is proportional to the value in each.
Payout Date. Seventy-Five (75) days from the beginning of the Stay Period.. 6. Initial Change in Control Premium Payment: One-half of the Change in Control Premium Payment paid to Representative on the Payout Date. 7. Stay Period: The twenty-one (21) months beginning the fourth (4th) full month after the legally completed Change in Control date. 8.
Payout Date. If the Committee determines that payments are due under a Performance Unit with respect to a Performance Period, then payment shall be made in a cash lump sum within 60 days after the Committee determination, but in no event later than the end of the year following that Performance Period, provided the Grantee is actively employed by the Company or an Affiliate on the last day of the Performance Period to which the Performance Unit relates. (Specify whether the grantee must also be employed on the date of payment. Specify additional or different payout terms. If payout terms provide for the deferral of compensation, include provisions that comply with section 409A of the Code.)
