Common use of PRSU Payment Clause in Contracts

PRSU Payment. This provision supplements Section 2.2 of the Agreement: Notwithstanding any discretion in the Plan or anything to the contrary in the Agreement, the PRSUs do not provide any right for the Associate to receive a cash payment and the PRSUs will be settled in Shares only.

Appears in 2 contracts

Samples: Performance Based Restricted Share Unit Agreement (Willis Towers Watson PLC), Performance Based Restricted Share Unit Agreement (Willis Towers Watson PLC)

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PRSU Payment. This provision supplements Section 2.2 of the Agreement: Notwithstanding any discretion in the Plan or anything to the contrary in the Agreement, the The PRSUs do not provide any right for the Associate Executive to receive a cash payment and the PRSUs will be settled in Shares only.

Appears in 1 contract

Samples: Performance Based Restricted Share Unit Award Agreement (Willis Group Holdings PLC)

PRSU Payment. This provision supplements Section 2.2 of the Agreement: Notwithstanding any discretion in the Plan or anything to the contrary in the Agreement, the PRSUs do not provide any right for the Associate Colleague to receive a cash payment and the PRSUs will be settled in Shares only.

Appears in 1 contract

Samples: Performance Based Restricted Share Unit Award Agreement (Willis Towers Watson PLC)

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PRSU Payment. This provision supplements Section 2.2 of the Agreement: Notwithstanding any discretion in the Plan or anything to the contrary in the Agreement, the The PRSUs do not provide any right for the Associate to receive a cash payment and the PRSUs will be settled in Shares only.

Appears in 1 contract

Samples: Performance Based Restricted Share Unit Award Agreement (Willis Towers Watson PLC)

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