Settlement of Units for Stock. The Company shall deliver to the Participant one share of Common Stock for each vested Restricted Stock Unit subject of this Award on the appropriate Delivery Date (as defined in Section 4(b)). The Company shall not have any obligation to settle this Award for cash.
Appears in 3 contracts
Samples: Restricted Stock Unit Award Agreement (Smith & Wesson Holding Corp), Restricted Stock Unit Award Agreement (Ixys Corp /De/), Restricted Stock Unit Award Agreement (Ixys Corp /De/)
Settlement of Units for Stock. The Company shall deliver to the Participant one share of Common Stock for each vested Restricted Stock Unit subject of to this Award on the appropriate Delivery Date (as defined in Section 4(b))Date. The Company shall not have any obligation to settle this Award for cash.
Appears in 3 contracts
Samples: Restricted Stock Unit Award Agreement (Smith & Wesson Holding Corp), Restricted Stock Unit Award Agreement (Smith & Wesson Holding Corp), Restricted Stock Unit Award Agreement (Smith & Wesson Holding Corp)
Settlement of Units for Stock. The Company shall deliver to the Participant one share of Common Stock for each vested Restricted Stock Unit subject of this Award on the appropriate Delivery Date (as defined in Section 4(b)). The Company shall not have any no obligation to settle this Award for cash.
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