Common use of Settlement of Vested Units Clause in Contracts

Settlement of Vested Units. The Vested Units shall be settled by the delivery of a cash payment equal to $1.00 times the number of Vested Units to the Participant or a designated brokerage firm within 2½ months after the last day of the Performance Period or, if earlier, in accordance with Section 2(b).

Appears in 7 contracts

Samples: Performance Award Agreement (Dine Brands Global, Inc.), Performance Award Agreement (Dine Brands Global, Inc.), Performance Award Agreement (Dine Brands Global, Inc.)

AutoNDA by SimpleDocs

Settlement of Vested Units. The Vested Units shall be settled by the delivery of a cash payment equal to $1.00 times the number of Vested Units to the Participant or a designated brokerage firm within 2½ months after the last day of the Performance Period or, if earlier, in accordance with Section 2(b). 3.

Appears in 1 contract

Samples: Performance Award Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!