Common use of Settlement of Clause in Contracts

Settlement of. Restricted Stock Units. Settlement shall be completed as soon as administratively practicable but in no event later than 30 days after the date on which payment is supposed to be made under this Agreement, except where such settlement following a Section 409A Separation from Service requires a six-month delay. The Company will provide for settlement in the form of shares of Stock.

Settlement of. Restricted Stock Units. Settlement shall be completed as soon as administratively practicable but in no event later than 30 days after the date on which payment is supposed to be made under this Agreementthe Restricted Stock Units vest, except where such settlement following a Section 409A Separation from Service requires a six-month delay. The Company will provide for settlement in the form of shares of Stock.following