Common use of Settlement of Units Clause in Contracts

Settlement of Units. As soon as practicable after the date on which the Restriction Period expires, and in no event later than 30 calendar days after such date, the Company shall deliver to the Participant or his or her personal representative, in book-position or certificate form, one Share that does not bear any restrictive legend for each vested Restricted Stock Unit.

Appears in 12 contracts

Samples: Restricted Stock Unit Award Agreement (Assurant, Inc.), Restricted Stock Unit Award Agreement (Assurant Inc), Restricted Stock Unit Award Agreement (Assurant Inc)

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Settlement of Units. As soon as practicable after the date on which the Restriction Period expiresDetermination Date, and in no event later than 30 75 calendar days after such datethe end of the Performance Period, the Company shall deliver to the Participant or his or her personal representative, in book-position or certificate form, one Share that does not bear any restrictive legend for each vested Restricted Stock Unit.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Assurant Inc), Restricted Stock Unit Award Agreement (Assurant Inc)

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Settlement of Units. As soon as practicable after the date on which the Restriction Period expires, and in no event later than 30 calendar days after such date, the Company shall deliver to the Participant Director or his or her personal representative, in book-position or certificate form, one Share that does not bear any restrictive legend for each vested Share subject to the Restricted Stock Unit.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Unum Group)

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