Common use of RSUs Payable Only in Shares Clause in Contracts

RSUs Payable Only in Shares. Notwithstanding any discretion in the Plan or anything to the contrary in the Agreement, the grant of RSUs does not provide any right for the Grantee to receive a cash payment in settlement of the RSUs upon vesting and the RSUs are payable in Shares only.

Appears in 10 contracts

Samples: Restricted Stock Unit Grant Agreement (United States Steel Corp), Restricted Stock Unit Grant Agreement (United States Steel Corp), Restricted Stock Unit Grant Agreement (United States Steel Corp)

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RSUs Payable Only in Shares. Notwithstanding any discretion in the Plan or anything to the contrary in the Agreement, the grant of RSUs does not provide any right for the Grantee Participant to receive a cash payment in settlement of the RSUs upon vesting and the RSUs are payable in Shares only.

Appears in 4 contracts

Samples: Non Competition Agreement (United States Steel Corp), Non Competition Agreement (United States Steel Corp), Restricted Stock Unit Grant Agreement (United States Steel Corp)

RSUs Payable Only in Shares. Notwithstanding any discretion in the Plan or anything to the contrary in the Agreement, the grant of RSUs does not provide any right for the Grantee you to receive a cash payment in settlement of the RSUs upon vesting payment, and the RSUs are payable in Shares only.

Appears in 3 contracts

Samples: Restricted Stock Unit Award Grant Notice and Agreement (Tapestry, Inc.), Restricted Stock Unit Agreement (Coach Inc), Restricted Stock Unit Award Grant Notice and Agreement (Coach Inc)

RSUs Payable Only in Shares. Notwithstanding any discretion in the Plan or anything to the contrary in the this Restricted Stock Unit Agreement, the grant of the RSUs does not provide the Recipient any right for the Grantee to receive a cash payment in settlement of the RSUs upon vesting and the RSUs are payable may be settled only in Shares onlyshares of Company Stock.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Iron Mountain Inc), Restricted Stock Unit Agreement (Iron Mountain Inc)

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RSUs Payable Only in Shares. Notwithstanding any discretion in the Plan or anything to the contrary in the Award Agreement, the grant of RSUs does not provide any right for the Grantee you to receive a cash payment in settlement of the RSUs upon vesting and the RSUs are payable in Shares shares of Stock only.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Sun Microsystems, Inc.), Restricted Stock Unit Agreement (Sun Microsystems, Inc.)

RSUs Payable Only in Shares. Notwithstanding any discretion in the Plan or anything to the contrary in the Agreement, the grant of RSUs does not provide any right for the Grantee you to receive a cash payment in settlement of the RSUs upon vesting payment, and the RSUs are payable in Shares only.. NY\6518985.4

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Coach Inc)

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