RSU Payment. This provision supplements Section 2.2 of the Agreement: The RSUs do not provide any right for the Associate to receive a cash payment and the RSUs will be settled in Shares only.
RSU Payment. The Shares to be issued upon vesting and settlement of the RSUs must be fully paid up prior to issuance of Shares by payment of the Nominal Value per Share. The Committee shall ensure that payment of the Nominal Value for any Shares underlying the RSUs is received by it on behalf of the Associate at the time the RSUs vest from a non-Irish Subsidiary or other source and shall establish any procedures or protocols necessary to ensure that payment is timely received.
RSU Payment. In accordance with Section 7(d)(ii) of the Plan, the Shares to be issued upon vesting and settlement of the RSUs must be fully paid up prior to issuance of Shares by payment of the Nominal Value per Share. The Committee shall ensure that payment of the Nominal Value for any Shares underlying the RSUs is received by it on behalf of the Colleague at the time the RSUs are settled from a non-Irish Subsidiary or other source and shall establish any procedures or protocols necessary to ensure that payment is timely received.
RSU Payment. Pursuant to Section 7 of the Plan, the Shares to be issued upon vesting of the RSU must be fully paid up prior to vesting of the RSU by payment of the Nominal Value per Share. The Committee shall ensure that payment of the Nominal Value for any Shares underlying the RSU is received by it on behalf of the Director prior to the vesting date from a non-Irish Subsidiary or other source and shall establish any procedures or protocols necessary to ensure that payment is timely received.
RSU Payment. The Company shall deliver to the Participant either, in its sole and absolute discretion (a) a number of shares of Stock equal to the number of vested shares subject to the RSU Award, including dividend equivalents credited with respect to such shares, or (b) an amount of cash equal to the Fair Market Value of such shares on the date of the distribution, in either case, on or as soon as administratively practical following the date of vesting of the applicable portion of the total RSUs pursuant to the terms hereof (and in all events within seventy-five (75) days of the vesting date to the extent necessary to determine whether the Performance Goal has been achieved and otherwise within thirty (30) days of the vesting date).
RSU Payment. The Company shall deliver to the Participant either, in its sole and absolute discretion (a) a number of shares of Stock equal to the number of vested shares subject to the RSU Award, including dividend equivalents credited with respect to such shares, or (b) an amount of cash equal to the Fair Market Value of such shares on the date of the distribution, in either case, on or as soon as administratively practical following the date of vesting of the applicable portion of the total RSUs pursuant to the terms hereof (and in all events within thirty (30) days of the vesting date).
RSU Payment. While employed, Xxxxx received Restricted Stock Units in Marcus & Millichap, Inc. (“RSUs”). As of August 31, 2021, Xxxxx has an unvested RSU balance of 2,008 RSUs. The Company will pay Xxxxx the amount of $124,753.76, which equates to (a) $46,000 plus (b) the cash value of Louie’s unvested RSUs as of August 31, 2021 calculated at 39.22 per RSU. This payment will be made in 15 equal consecutive monthly installments of $8,316.92 along with the amounts in Section 1(a)(i) and 1(a)(ii).
RSU Payment. This provision supplements Section 2.2 of the Agreement: Notwithstanding any discretion in the Plan, the Grant Notice or the Agreement to the contrary, upon vesting of the RSUs, Shares will be issued as set forth in this section. In no event will the Award be paid to Participant in the form of cash. This provision supplements Section 3.2 of the Time-Based Restricted Share Unit Agreement and Section 3.3 of the Performance-Based Restricted Share Unit Agreement: Notwithstanding anything contrary in the Agreement or the Plan, in the event the RSUs vest and Shares are issued to the Associate within six months of the Grant Date, the Associate agrees that the Associate will not dispose of any Shares acquired prior to the six-month anniversary of the Grant Date.
RSU Payment. In addition, as detailed in your December 20, 2020 Letter Agreement’s Equity Award, an additional 91,875 RSUs shall be automatically deemed vested. This RSU Payment is subject to Executive not breaching any of his obligations described in the Release of Claims attached hereto as Exhibit A. All remaining unvested restricted stock units will be forfeited as of the Termination Date. Executive should seek independent advice regarding any financial, tax, or securities law issues regarding Executive’s RSUs or the TPCO Holding Corp. Equity Incentive Plan.
RSU Payment. In accordance with Section 6(b) of the Plan, the Shares to be issued upon settlement of the RSUs must be fully paid up prior to issuance of Shares by payment of the nominal value (US$0.000115) per Share. The Committee shall ensure that payment of the nominal value for any Shares underlying the RSUs is received by it on behalf of the Executive at the time the RSUs are settled from a Subsidiary or other source and shall establish any procedures or protocols necessary to ensure that payment is timely received. 3
