Settlement of RSU Award. Within 30 days following the Vesting Date (the “Settlement Date”), the Company shall deliver to you or your legal representative either (x) one Share or (y) a cash payment equal to the Fair Market Value determined as of the Settlement Date of one Share, in each case, for each RSU that is scheduled to be settled on such date in accordance with the terms of this Award Agreement; provided that, the Company shall have sole discretion to determine whether to settle such RSUs in Shares, cash or a combination thereof.
Appears in 4 contracts
Samples: Restricted Stock Unit Award Agreement (XPO, Inc.), Restricted Stock Unit Award Agreement (GXO Logistics, Inc.), Restricted Stock Unit Award Agreement (XPO Logistics, Inc.)
