Settlement of the Deferred Stock Units. (a) The Company shall issue to the Grantee the Common Shares underlying the vested Deferred Stock Units or, in the Committee’s discretion, shall pay the Grantee cash equal to the Market Value per Share on the vesting date of each Common Share underlying the vested Deferred Stock Units, as soon as practicable, but not later than 10 days, after such shares have vested in accordance with Article II, Section 3 above.
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Samples: Deferred Stock Units Agreement (J M SMUCKER Co), Deferred Stock Units Agreement (J M SMUCKER Co), Deferred Stock Units Agreement (J M SMUCKER Co)
Settlement of the Deferred Stock Units. (a) The Company shall issue to the Grantee the Common Shares underlying the vested Deferred Stock Units or, in the Committee’s discretion, shall pay the Grantee cash equal to the Market Value per Share on the vesting date of each Common Share underlying the vested Deferred Stock Units, as soon as practicable, but not later than 10 days, after such shares have vested in accordance with Article II, Section 3 above.
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