Common use of Settlement of Restricted Units Clause in Contracts

Settlement of Restricted Units. Subject to Section 10 below, the Executive shall be entitled to have the restrictions removed from his Unit certificate(s) as to the number of Restricted Units that become Vested Units on any given Vesting Date or any date of accelerated vesting pursuant to Sections 3(a), 3(c) or 3(d) above, so that the Executive then holds an unrestricted Unit.

Settlement of Restricted Units. Subject to Section 10 11 below, the Executive shall be entitled to have the restrictions removed from his Unit certificate(s) as to the number of Restricted Units that become Vested Units on any given Vesting Date or any date of accelerated vesting pursuant to Sections 3(aSection 3(b), 3(c) (c), or 3(d(e) above, so that the Executive then holds an unrestricted Unit.