Common use of Receipt of Shares of Stock Clause in Contracts

Receipt of Shares of Stock. As soon as practicable following each Vesting Date, but in no event later than March 15th of the year following the calendar year in which the Vesting Date occurs, the Company shall issue to the Grantee the number of Shares equal to the aggregate number of Restricted Stock Units that have satisfied the Time Condition and Performance Vesting pursuant to Section 1 of this Agreement on such Vesting Date and the Grantee shall thereafter have all the rights of a stockholder of the Company with respect to such Shares.

Appears in 2 contracts

Samples: Employment Agreement (Qualtrics International Inc.), Employment Agreement (Qualtrics International Inc.)

AutoNDA by SimpleDocs

Receipt of Shares of Stock. As soon as practicable following each Vesting Date, Date (but in no event later than March 15th two and one-half months after the end of the year following the calendar year in which the Vesting Date occurs), the Company shall issue to the Grantee the number of Shares shares of Stock equal to the aggregate number of Restricted Stock Units that have satisfied the Time Condition and Performance Vesting vested pursuant to Section 1 2 of this Agreement on such Vesting Date date and the Grantee shall thereafter have all the rights of a stockholder of the Company with respect to such Sharesshares.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Anthera Pharmaceuticals Inc), Restricted Stock Unit Award Agreement (Anthera Pharmaceuticals Inc)

Receipt of Shares of Stock. As soon as practicable following each Vesting Date, Date (but in no event later than March 15th two and one-half months after the end of the year following the calendar year in which the Vesting Date occurs), the Company shall issue to the Grantee the number of Shares equal to the aggregate number of Restricted Stock Units that have satisfied the Time Condition and Performance Vesting vested pursuant to Section 1 of the Notice and this Award Agreement on such Vesting Date date and the Grantee shall thereafter have all the rights of a stockholder of the Company with respect to such Shares.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Guidewire Software, Inc.), Restricted Stock Unit Award Agreement (Guidewire Software, Inc.)

AutoNDA by SimpleDocs

Receipt of Shares of Stock. As soon as practicable following each the Vesting Date, Date (but in no event later than March 15th two and one-half months after the end of the year following the calendar year in which the Vesting Date occurs), the Company shall issue to the Grantee the number of Shares shares of Stock equal to the aggregate number of Restricted Stock Units that have satisfied the Time Condition and Performance Vesting vested pursuant to Section 1 2 of this Agreement on such Vesting Date date and the Grantee shall thereafter have all the rights of a stockholder of the Company with respect to such Sharesshares.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Anthera Pharmaceuticals Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!