Common use of Release of Award Clause in Contracts

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.

Release of Award. Provided the Award award has not previously been forfeited, as soon as administratively reasonably practicable following the expiration of the Performance Restriction Period and the satisfaction of the applicable tax withholding obligations, the Corporation Company shall at its option, cause the Performance Shares as Restricted Stock to which the Employee participant is entitled pursuant hereto: hereto (i) to be released without restriction on transfer by delivery to the custody of the Employee participant of a stock certificate registered in the name of the Employee participant or his or her designee designee, or (ii) to be credited without restriction on transfer to a book-entry account for the benefit of the Employee participant or his or her designee maintained by the CorporationCompany’s stock transfer agent or its designee.

Release of Award. Provided the Award award has not previously been forfeited, as soon as administratively reasonably practicable following the expiration of the Performance Restriction Period and the satisfaction of the applicable tax withholding obligations, the Corporation Company shall at its option, cause the Performance Shares as Restricted Stock to which the Employee Participant is entitled pursuant hereto: hereto (i) to be released without restriction on transfer by delivery to the custody of the Employee Participant of a stock certificate registered in the name of the Employee Participant or his or her designee designee, or (ii) to be credited without restriction on transfer to a book-entry account for the benefit of the Employee Participant or his or her designee maintained by the CorporationCompany’s stock administrator, stock transfer agent or its designee.

Release of Award. Provided the Award award has not previously been forfeited, as soon as administratively reasonably practicable following the expiration of the Performance Restriction Period and the satisfaction of the applicable tax withholding obligations, the Corporation Company shall at its option, cause the Performance Shares as Restricted Stock to which the Employee Participant is entitled pursuant hereto: hereto (i) to be released without restriction on transfer by delivery to the custody of the Employee Participant of a stock certificate registered in the name of the Employee Participant or his or her designee designee, or (ii) to be credited without restriction on transfer to a book-entry account for the benefit of the Employee Participant or his or her designee maintained by the CorporationCompany’s stock transfer agent or its designee.

Release of Award. Provided the Award has not previously been forfeited, as soon as administratively practicable following the expiration of the Performance Restriction Period and the satisfaction of the applicable tax withholding obligations, the Corporation shall at its option, cause the Performance Shares as Restricted Stock to which the Employee is entitled pursuant hereto: 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 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.

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.

Release of Award. Provided the Award has not previously been forfeited, as soon as administratively reasonably practicable following the expiration of the Performance Restriction Period and the satisfaction of the applicable tax withholding obligations, the Corporation shall at its option, cause the Performance Shares as Restricted Stock to which the Employee is entitled pursuant hereto: 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 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.

Release of Award. Provided that 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 such shares as to which the Employee is entitled pursuant hereto: to Section 1(c) hereof either (i) to be released without restriction restrictions 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 designee, and the certificate shall be released to the custody of the Employee, or (ii) to be credited without restriction 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.