Settlement of Awards. Pursuant to Section 5 of this Agreement, the Corporation shall deliver to the Employee one Share for each vested Restricted Stock Unit included in the Award and, as applicable, one share for each vested Restricted Stock Unit that corresponds to an accrued dividend equivalent. Any vested Restricted Stock Units payable to the Employee (including Shares payable pursuant to Section 3 above) shall be paid solely in Shares. Any fractional Share will be rounded to the closest whole Share.
Appears in 11 contracts
Samples: Restricted Stock Unit Agreement (Clearwater Paper Corp), Restricted Stock Unit Agreement (Clearwater Paper Corp), Restricted Stock Unit Agreement (Clearwater Paper Corp)
Settlement of Awards. Pursuant to Section 5 of this Agreement5, the Corporation shall deliver to the Employee one Share for each vested Restricted Stock Unit included in the Award and, as applicable, one share for each vested Restricted Stock Unit that corresponds to an accrued dividend equivalent. Any vested Restricted Stock Units payable to the Employee (including Shares payable pursuant to Section 3 above3) shall be paid solely in Shares. Any fractional Share will be rounded to the closest whole Share.
Appears in 7 contracts
Samples: Restricted Stock Unit Agreement (Clearwater Paper Corp), Restricted Stock Unit Agreement (Clearwater Paper Corp), Restricted Stock Unit Agreement (Clearwater Paper Corp)
Settlement of Awards. Pursuant to Section 5 of this Agreement, the The Corporation shall deliver to the Employee one Share for each vested Restricted Stock Unit included restricted stock unit (and dividend equivalents) earned as determined in accordance with the provisions set forth in the Award and, as applicable, one share for each addendum to this Agreement. The vested Restricted Stock Unit that corresponds to an accrued dividend equivalent. Any vested Restricted Stock Units restricted stock units payable to the Employee (including Shares payable pursuant to Section Paragraph 3 above) shall be paid solely in Shares. Any fractional Share share will be rounded to the closest whole Shareshare.
Appears in 2 contracts
Samples: Restricted Stock Unit Agreement, Restricted Stock Unit Agreement (Potlatch Corp)
Settlement of Awards. Pursuant to Section 5 of this Agreement5, the Corporation shall deliver to the Employee one Share for each vested Restricted Stock Unit included in the Award and, as applicable, one share Share for each vested Restricted Stock Unit that corresponds to an accrued dividend equivalent. Any vested Restricted Stock Units payable to the Employee (including Shares payable pursuant to Section 3 above) shall be paid solely in Shares. Any fractional Share will be rounded to the closest whole Share.
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