Common use of Settlement of Awards Clause in Contracts

Settlement of Awards. (a) As soon as practicable following the Vesting Date, but no later than the March 15th immediately following the calendar year which includes the vesting date, if the Director has not forfeited the Units hereunder, the Company shall pay to the Director, with respect to each Unit one share of Company Stock.

Appears in 4 contracts

Samples: Restricted Stock Unit Agreement (Valmont Industries Inc), Restricted Stock Unit Agreement (Valmont Industries Inc), Restricted Stock Unit Agreement (Valmont Industries Inc)

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Settlement of Awards. (a) As soon as practicable following the Vesting Date, but no later than the March 15th immediately following the calendar year which includes the vesting dateVesting Date, if the Director Employee has not forfeited the Units hereunder, the Company shall pay to the DirectorEmployee, with respect to each Unit one share of Company Stock.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Valmont Industries Inc)

Settlement of Awards. (a) As soon as practicable Within a reasonable period of time following the Vesting Date, but no later than the March 15th immediately following the calendar year which includes the vesting dateVesting Date, if the Director has you have not forfeited the Units hereunder, the Company shall pay to the Directoryou, with respect to each Unit Unit, one share of Company StockStock (the “Settlement”).

Appears in 1 contract

Samples: Restricted Stock Unit Award (Valmont Industries Inc)

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Settlement of Awards. (a) As soon as practicable following the Vesting Date, but no later than the March 15th immediately following the calendar year which includes the vesting date, if the Director Employee has not forfeited the Units hereunder, the Company shall pay to the DirectorEmployee, with respect to each Unit one share of Company Stock.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Valmont Industries Inc)

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