Common use of Settlement of Awards Clause in Contracts

Settlement of Awards. On the first business day after each vesting date described in Sections 5(a) or 5(b), as applicable, the Company shall deliver to the Grantee the number of shares of the Class C Stock to which Xxxxxxx’s vested Restricted Stock Units relate.

Appears in 5 contracts

Samples: Long Term Incentive Plan (Under Armour, Inc.), Time Based Restricted Stock Unit Grant Agreement (Under Armour, Inc.), Time Based Restricted Stock Unit Grant Agreement (Under Armour, Inc.)

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Settlement of Awards. On the first business day after each vesting date described in Sections 5(a) or 5(b), as applicable, the Company shall deliver to the Grantee the number of shares of the Class C Stock to which XxxxxxxGrantee’s vested Restricted Stock Units relate.

Appears in 2 contracts

Samples: Restricted Stock Unit Grant Agreement (Under Armour, Inc.), Restricted Stock Unit Grant Agreement (Under Armour, Inc.)

Settlement of Awards. On the first business day after each vesting date described in Sections 5(a6(a) or 5(b6(b), as applicable, the Company shall deliver to the Grantee the number of shares of the Class C Stock to which Xxxxxxx’s vested Restricted Stock Units Earned RSUs relate.

Appears in 2 contracts

Samples: Performance Based Restricted Stock Unit Grant Agreement (Under Armour, Inc.), Performance Based Restricted Stock Unit Grant Agreement (Under Armour, Inc.)

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Settlement of Awards. On the first business day after each vesting date described in Sections 5(aSection 6(a) or 5(b6(b), as applicable, the Company shall deliver to the Grantee the number of shares of the Class C Stock to which Xxxxxxx’s vested Restricted Stock Units Earned RSUs relate.

Appears in 1 contract

Samples: Performance Based Restricted Stock Unit Grant Agreement (Under Armour, Inc.)

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