Settlement of Final Award. Settlement of the Grantee’s Final Award, if any, as determined pursuant to Section 2 or Section 3(b) shall be made in the form of shares of Common Stock on the date that is seventy-five (75) days after the end of the last originally scheduled and untruncated Performance Period applicable to the Award.
Settlement of Final Award. As soon as reasonably practicable following the Restricted Period and the completion of all determinations and certifications contemplated by Sections 1 and 2, but in any event during the period commencing on April 15 and ending no later than June 30 of the year following the year in which the Performance Period ends, subject to satisfaction of applicable tax withholding obligations in accordance with Section 12(g), the Company shall cause to be paid to the Participant the number of shares of the Company’s Class C Common Stock equal to the number of RPSUs representing the Final Award, as determined under Section 1 of this Agreement. Notwithstanding the foregoing, if the Participant incurs a Termination of Service as described in Section 8 under circumstances where the Final Award, if any, is determined and becomes payable prior to the close of the Restricted Period, then such payment shall be made within sixty (60) days after the date a Final Award, if any, is determined or becomes payable, as described in the applicable subsection of Section 8, subject to the following paragraph and satisfaction of applicable tax withholding obligations in accordance with Section 12(g). Notwithstanding the foregoing provisions of this Section 3 to the contrary, if at the time of the Participant’s separation from service within the meaning of Code Section 409A, the Participant is a “specified employee” within the meaning of Code Section 409A, then any payment hereunder that constitutes a “deferral of compensation” under Code Section 409A and that would otherwise become due on account of such separation from service shall be delayed, and payment shall be made in full upon the earlier of (a) a date during the thirty (30) day period commencing six (6) months and one (1) day following such separation from service and (b) the date of the Participant’s death.
Settlement of Final Award. Provided that You have been continuously employed by the Company from the Date of Grant through the dates set forth in the following schedule, on the below described anniversary dates the Company will automatically convert each earned Restricted Stock Unit represented by the Final Award to one share of common stock of the Company (par value $0.0001): Settlement Date Percentage of Total Number of Restricted Stock Units to be converted into Common Stock January 31, 2015 50% January 31, 2016 25% January 31, 2017 25% Notwithstanding the foregoing and subject to Section VI.C. of the LTIP, if your employment with the Company is terminated by (i) reason of death or Disability, (ii) You resign and such resignation constitutes a Qualified Retirement, or (iii) if You are involuntarily terminated by the Company within 24 months following a Corporate Change, then, upon the date of such termination of your employment, the Forfeiture Restrictions with respect to all of your earned Restricted Stock Units represented by the Final Award that have not previously lapsed shall immediately lapse and such Restricted Stock Units will be converted to common stock.
Settlement of Final Award. Provided that You have been continuously employed by the Company from the Date of Grant through the dates set forth in the following schedule, on the below described anniversary dates the Company will automatically convert each earned Restricted Stock Unit to one share of common stock of the Company (par value $0.0001): Settlement Date Percentage of Total Numberof Restricted Stock Units to be converted into Common Stock First Anniversary of the Date of Grant 0 % Second Anniversary of the Date of Grant 50 % Third anniversary of the Date of Grant 25 % Fourth anniversary of the Date of Grant 25 % Notwithstanding the foregoing, if your employment with the Company is terminated by (i) reason of death or Disability, (ii) You resign and such resignation constitutes a Qualified Retirement, or (iii) if You are involuntarily terminated by the Company within 24 months following a Corporate Change, then, upon the date of such termination of your employment, the Forfeiture Restrictions with respect to all of your earned Restricted Stock Units that have not previously lapsed shall immediately lapse and such Restricted Stock Units will be converted to common stock.
Settlement of Final Award. As soon as reasonably practicable following the expiration of the Performance Period and with a target date of no later than March 15 of the year following the year in which the Performance Period ends, subject to adjustment or extension as needed, the Committee shall certify the achievement of the Performance Metrics, determine the Final Award earned by the Participant and issue shares of common stock to the Participant in the amount of the Final Award.
