Release of Award Sample Clauses

Release of Award. Provided the Award has not previously been forfeited, as soon as administratively practicable following the expiration of the Performance Period and the satisfaction of the applicable tax withholding obligations, the Corporation shall at its option, cause the Performance Shares as to which the Employee is entitled pursuant hereto: (i) to be released without restriction on transfer by delivery to the custody of the Employee of a stock certificate registered in the name of the Employee or his or her designee or (ii) to be credited without restriction on transfer to a book-entry account for the benefit of the Employee or his or her designee maintained by the Corporation’s stock transfer agent or its designee.
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Release of Award. You will be deemed to have called for the release of your Award on the date on which your Award vests following expiration of the Restricted Period and attainment of the vesting criteria set out in the Restricted Period clause above unless the release of your Award would be prohibited by any Dealing Restrictions. In such a case you will be deemed to have called for the release of your Award on the first date following vesting of your Award on which the release of your Award would not be prohibited by any Dealing Restrictions. This Award may only be settled in Shares. [For the purposes of this Agreement, Dealing Restrictions means any internal or external restrictions on dealings or transactions in securities.]
Release of Award. Provided that the Award has not previously been forfeited, as soon as practicable following the expiration of the Performance Period and the satisfaction of the applicable withholding obligations, the Corporation shall at its option, cause such shares as to which the Employee is entitled pursuant to Section 1(c) hereof either (i) to be released without restrictions on transfer by delivery of a stock certificate registered in the name of the Employee or his or her designee, and the certificate shall be released to the custody of the Employee, or (ii) to be credited without restrictions on transfer to a book-entry account for the benefit of the Employee or his or her designee maintained by the Corporation’s stock transfer agent or its designee.
Release of Award. You will be deemed to have called for the release of your Award on the date on which your Award vests following expiration of the Restricted Period and attainment of the vesting criteria set out in the Restricted Period clause above unless the release of your Award would be prohibited by law, the Model Code for Securities Transactions by Directors of Listed Companies or the Company’s dealing code. In such a case you will be deemed to have called for the release of your Award on the first date following vesting of your Award on which the release of your Award would not be prohibited. This Award may only be settled in Shares.
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