Common use of Settlement of RSUs Clause in Contracts

Settlement of RSUs. If a Grantee becomes vested in this Award in accordance with Section 5, the Company shall distribute to Grantee, or the Grantee’s personal representative, beneficiary or estate, as applicable, a number of shares of Common Stock equal to the number of vested RSUs subject to the Award, as adjusted in accordance with Section 6, if applicable, plus any related dividend equivalents as described in Section 4. Such shares and dividend equivalents shall be delivered within 30 days following the date of vesting.

Appears in 2 contracts

Samples: Beacon Roofing Supply Inc, Beacon Roofing Supply Inc

AutoNDA by SimpleDocs

Settlement of RSUs. If a Grantee becomes vested in this his Award in accordance with Section 5, the Company shall distribute to Granteehim, or the Grantee’s his personal representative, beneficiary or estate, as applicable, a number of shares of Common Stock equal to the number of vested RSUs subject to the Award, as adjusted in accordance with Section 6, if applicable, plus any related dividend equivalents as described in Section 4. Such shares and dividend equivalents shall be delivered within 30 days following the date of vesting.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement for Employees (Beacon Roofing Supply Inc), Restricted Stock Unit Award Agreement for Employees (Beacon Roofing Supply Inc)

Settlement of RSUs. If a Grantee becomes vested in this Award in accordance with Section 5, the Company shall distribute to the Grantee, or the Grantee’s personal representative, beneficiary or estate, as applicable, a number of shares of Common Stock equal to the number of vested RSUs subject to the Award, as adjusted in accordance with Section 6, if applicable, plus any related dividend equivalents as described in Section 4. Such shares and dividend equivalents shall be delivered within 30 thirty (30) days following the date of vestinga Vesting Date.

Appears in 2 contracts

Samples: Beacon Roofing Supply Inc, Beacon Roofing Supply Inc

Settlement of RSUs. If a Grantee becomes vested in this his Award in accordance with Section 5, the Company shall distribute to Granteehim, or the Grantee’s his personal representative, beneficiary or estate, as applicable, a number of shares of Common Stock equal to the number of vested RSUs subject to the Award, as adjusted in accordance with Section 6, if applicable, plus any related dividend equivalents as described in Section 4. Such shares and dividend equivalents shall be delivered within 30 days following the date of vesting.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement for Employees (Beacon Roofing Supply Inc), Restricted Stock Unit Award Agreement for Employees (Beacon Roofing Supply Inc)

Settlement of RSUs. If a Grantee becomes vested in this Award in accordance with Section 5, the Company shall distribute to the Grantee, or the Grantee’s personal representative, beneficiary or estate, as applicable, a number of shares of Common Stock equal to the number of vested RSUs subject to the Award, as adjusted in accordance with Section 6, if applicable, plus any related dividend equivalents as described in Section 4. Such Except as provided in Section 10, such shares and dividend equivalents shall be delivered within 30 thirty (30) days following the date of vestinga Vesting Date.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Beacon Roofing Supply Inc), Restricted Stock Unit Award Agreement (Beacon Roofing Supply Inc)

Settlement of RSUs. If a Grantee becomes vested in this Award in accordance with Section 5, the Company shall distribute to Grantee, or the Grantee’s personal representative, beneficiary or estate, as applicable, a number of shares of Common Stock equal to the number of vested RSUs subject to the Award, as adjusted in accordance with Section 6, if applicable, plus any related dividend equivalents as described in Section 4. Such shares and dividend equivalents shall be delivered within 30 days following the date of vesting.

Appears in 2 contracts

Samples: Beacon Roofing Supply Inc, Beacon Roofing Supply Inc

AutoNDA by SimpleDocs

Settlement of RSUs. If a Grantee becomes vested in this Award (or portion thereof) in accordance with Section 5, the Company shall distribute to the Grantee, or the Grantee’s personal representative, beneficiary or estate, as applicable, a number of shares of Common Stock equal to the number of vested RSUs subject to the Award, as adjusted in accordance with Section 6, if applicable, plus any related dividend equivalents as described in Section 4. Such shares and dividend equivalents shall be delivered within 30 days following the date of vestinga Vesting Date.

Appears in 2 contracts

Samples: Award Agreement (Beacon Roofing Supply Inc), Restricted Stock Unit (Beacon Roofing Supply Inc)

Settlement of RSUs. If a Grantee becomes vested in this Award in accordance with Section 5, the Company shall distribute to Grantee, or the Grantee’s personal representative, beneficiary or estate, as applicable, a number of shares of Common Stock equal to the number of vested RSUs subject to the Award, as adjusted in accordance with Section 6, if applicable, plus any related dividend equivalents as described in Section 4. Such Except as provided in Section 11, such shares and dividend equivalents shall be delivered within 30 thirty (30) days following the date of vesting.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Beacon Roofing Supply Inc), Restricted Stock Unit Award Agreement (Beacon Roofing Supply Inc)

Settlement of RSUs. If a Grantee becomes vested in this a portion of the Award in accordance with Section 5, the Company shall distribute to Grantee, or the Grantee’s personal representative, beneficiary or estate, as applicable, a number of shares of Common Stock equal to the number of vested RSUs subject to the vested portion of the Award, as adjusted in accordance with Section 6, if applicable, plus any related dividend equivalents as described in Section 4. Such shares and dividend equivalents shall be delivered within 30 days following the date of vesting.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Beacon Roofing Supply Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!