Common use of Settlement of RSUs Clause in Contracts

Settlement of RSUs. Subject to Sections 3, 6 and 7 of this Agreement, the Company shall deliver to the Participant (or to a Company-designated brokerage firm or plan administrator) as soon as administratively practicable following the applicable Vesting Date (but in no event later than 2 ½ months after the applicable Vesting Date), in complete settlement of all RSUs vesting on such Vesting Date, a number of Common Shares equal to the number of RSUs vesting on such Vesting Date.

Appears in 7 contracts

Samples: Restricted Stock Unit Award Agreement (Celanese Corp), Restricted Stock Unit Award Agreement (Celanese Corp), Restricted Stock Unit Award Agreement (Celanese Corp)

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Settlement of RSUs. Subject to Sections 3, Section 3 and Section 6 and 7 of this Agreement, the Company shall deliver to the Participant (or to a Company-designated brokerage firm or plan administratorbrokerage) as soon as administratively practicable following the applicable Vesting Date (but in no event later than 2 ½ 1/2 months after the applicable Vesting Date), in complete settlement of all RSUs vesting on such Vesting Date, a number of Common Shares equal to the number of RSUs vesting on such Vesting Date.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Celanese CORP), Restricted Stock Unit Award Agreement (Celanese CORP)

Settlement of RSUs. (a) Subject to Sections 3, 6 4, 7 and 7 8 of this Agreement, the Company shall deliver to the Participant (or to a Company-designated brokerage firm or plan administrator) as soon as administratively practicable following the applicable Vesting Date (but in no event later than 2 ½ months after the applicable Vesting Date), in complete settlement of all Transferable RSUs vesting on such Vesting Date, a number of Common Shares equal to the number of Transferable RSUs vesting on such Vesting Date.

Appears in 2 contracts

Samples: Award Agreement (Celanese CORP), Restricted Stock Unit Award Agreement (Celanese CORP)

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Settlement of RSUs. Subject to Sections 34, 6 7 and 7 8 of this Agreement, the Company shall deliver to the Participant (or to a Company-designated brokerage firm or plan administrator) as soon as administratively practicable following the applicable Vesting Date (but in no event later than 2 ½ months after the applicable Vesting Date), in complete settlement of all RSUs vesting on such Vesting Date, a number of Common Shares equal to the number of RSUs vesting on such Vesting Date.

Appears in 1 contract

Samples: Award Agreement (Celanese Corp)

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