Common use of Restrictions on Settlement Clause in Contracts

Restrictions on Settlement. Payment with respect to any vested RSUs may only be made based on the date on which the Company repays the percentage of aggregate TARP financial assistance received, as set forth below: Percentage of TARP Financial Assistance Repaid Percentage of RSUs Becoming Payable

Appears in 3 contracts

Samples: Long Term Restricted Stock Unit Award Agreement (First Defiance Financial Corp), Performance Based Restricted Stock Unit Award Agreement (First Defiance Financial Corp), Performance Based Restricted Stock Unit Award Agreement (First Defiance Financial Corp)

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Restrictions on Settlement. Payment with respect to any vested RSUs may only be made based on the date on which the Company repays the percentage of aggregate TARP financial assistance received, as set forth below: Percentage of TARP Financial Assistance Repaid Percentage of RSUs Becoming Payable:

Appears in 2 contracts

Samples: Performance Based Restricted Stock Unit Award Agreement (First Defiance Financial Corp), Performance Based Restricted Stock Unit Award Agreement (First Defiance Financial Corp)

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