Settlement of Units for Shares. Except as provided in Section 4 and subject to Section 7 of this Agreement, the Company shall deliver to the Participant on the Delivery Date one Share for each Performance Stock Unit subject to this Award that vests pursuant to Section 3(a). The Company shall not have any obligation to settle this Award for cash.
Appears in 7 contracts
Samples: Performance Stock Unit Award Agreement (Smith & Wesson Brands, Inc.), Performance Stock Unit Award Agreement (American Outdoor Brands, Inc.), Performance Stock Unit Award Agreement (Smith & Wesson Brands, Inc.)
Settlement of Units for Shares. Except as provided in Section 4 and subject to Section 7 of this Agreement, the The Company shall deliver to the Participant on the Delivery Date one Share for each Performance Stock Unit subject to this Award that vests pursuant to Section 3(a). The Company shall not have any obligation to settle this Award for cash.
Appears in 1 contract
Samples: Performance Stock Unit Award Agreement (Smith & Wesson Holding Corp)
