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.
Appears in 4 contracts
Samples: Time Based Restricted Share Unit Award Agreement (Willis Towers Watson PLC), Time Based Restricted Share Unit Award Agreement, Employment Agreement (Willis Group Holdings PLC)
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 nominal value (US$0.000115) per Share. The Committee shall ensure that payment of the Nominal Value nominal value for any Shares underlying the RSUs is received by it on behalf of the Associate Executive 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.
Appears in 4 contracts
Samples: Restricted Share Units Award Agreement (Willis Group Holdings PLC), Restricted Share Unit Award Agreement (Willis Group Holdings PLC), Restricted Share Unit Award Agreement (Willis Group Holdings PLC)
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 nominal value (US$0.000115) per Share. The Committee shall ensure that payment of the Nominal Value 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.
Appears in 2 contracts
Samples: Restricted Share Units Award Agreement (Willis Group Holdings PLC), Restricted Share Units Award Agreement (Willis Group Holdings PLC)
RSU Payment. The Subject to Section 5 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 nominal value (US$0.000115) per Share. The Committee shall ensure that payment of the Nominal Value 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.
Appears in 1 contract
Samples: Restricted Share Units Award Agreement (Willis Group Holdings PLC)
