Settlement of the Award. Upon vesting, the RSU Award will be settled by delivery of one share of Stock as of the Vesting Date, for each RSU being settled. Such settlement shall occur promptly on or following the vesting of each RSU.
Appears in 3 contracts
Samples: Restricted Stock Units Award Agreement (International Flavors & Fragrances Inc), Restricted Stock Units Award Agreement (International Flavors & Fragrances Inc), Restricted Stock Units Award Agreement (International Flavors & Fragrances Inc)
Settlement of the Award. Upon vesting, the RSU Award will be settled by delivery of [one share of Stock Stock][cash equal to the Fair Market Value (as defined in the Plan) of one share of Stock] as of the Vesting Date, for each RSU being settled. Such settlement shall occur promptly on or following the vesting of each RSU.
Appears in 1 contract
Samples: Restricted Stock Units Award Agreement (International Flavors & Fragrances Inc)
Settlement of the Award. Upon vesting, the RSU Award will be settled by delivery of [one share of Stock Common Stock][cash equal to the Fair Market Value (as defined in the Plan) of one share of Common Stock] as of the Vesting Date, for each RSU being settled. Such settlement shall occur promptly on or following the vesting of each RSU.
Appears in 1 contract
Samples: Restricted Stock Units Award Agreement (International Flavors & Fragrances Inc)
