Common use of Scheduled Vesting Date Distributions Clause in Contracts

Scheduled Vesting Date Distributions. With respect to the portion of the Award that vests on a Scheduled Vesting Date (and not as a result of the acceleration of vesting due to death, a Qualifying Termination, or cessation of employment due to Retirement or Disability), payment of the portion of the Award that is due to the Participant (less applicable tax withholdings) shall be paid to the Participant within 45 days following the Scheduled Vesting Date.

Appears in 7 contracts

Samples: Long Term Cash Award Agreement, Long Term Cash Award Agreement, Long Term Cash Award Agreement

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