Common use of RSU Payment Clause in Contracts

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.

Appears in 8 contracts

Samples: Time Based Restricted Share Unit Award Agreement (Willis Towers Watson PLC), Time Based Restricted Share Unit Award Agreement (Willis Group Holdings PLC), Time Based Restricted Share Unit Award Agreement

AutoNDA by SimpleDocs

RSU Payment. This provision supplements Section 2.2 of the Agreement: The RSUs do not provide any right for the Associate Director to receive a cash payment and the RSUs will be settled in Shares only.

Appears in 2 contracts

Samples: Restricted Share Unit Award Agreement (Willis Group Holdings PLC), Restricted Share Unit Award Agreement (Willis Group Holdings PLC)

RSU Payment. This provision supplements Section 2.2 of the Agreement: The RSUs do not provide any right for the Associate Executive to receive a cash payment and the RSUs will be settled in Shares only.

Appears in 2 contracts

Samples: Time Based Restricted Share Unit Award Agreement (Willis Group Holdings PLC), Time Based Restricted Share Unit Award Agreement (Willis Group Holdings PLC)

AutoNDA by SimpleDocs

RSU Payment. This provision supplements Section 2.2 of the Agreement: The Notwithstanding any discretion in the Plan or anything to the contrary in the Agreement, the RSUs do not provide any right for the Associate Colleague to receive a cash payment and the RSUs will be settled in Shares only.

Appears in 1 contract

Samples: Time Based Restricted Share Unit Award Agreement (Willis Towers Watson PLC)

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