Common use of Stock Holding Period Clause in Contracts

Stock Holding Period. The Participant agrees to hold the shares of Common Stock acquired upon the conversion of the RSUs for a minimum of 12 months following the applicable Settlement Date. This holding period shall not apply to shares of Common Stock withheld by the Company to settle tax liabilities related to vesting and/or settlement, and as otherwise may be provided under the Company’s Stock Ownership Policy.

Appears in 7 contracts

Samples: Restricted Stock Unit Award Agreement (KEMPER Corp), Restricted Stock Unit Award Agreement (KEMPER Corp), Restricted Stock Unit Award Agreement (KEMPER Corp)

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Stock Holding Period. The Participant agrees to hold the shares of Common Stock acquired upon the conversion of the RSUs for a minimum of 12 months following the applicable their Settlement Date. This holding period shall not apply to shares of Common Stock withheld by the Company to settle tax liabilities related to vesting and/or settlement, and as otherwise may be provided under the Company’s Stock Ownership Policy.

Appears in 6 contracts

Samples: Restricted Stock Unit Award Agreement (KEMPER Corp), Restricted Stock Unit Award Agreement (KEMPER Corp), Restricted Stock Unit Award Agreement (KEMPER Corp)

Stock Holding Period. The Participant agrees to hold the shares of Common Stock acquired upon the conversion of the RSUs for a minimum of 12 months following the applicable their Settlement Date. This holding period shall not apply to shares of Common Stock withheld by the Company to settle tax liabilities related to vesting and/or settlement, and as otherwise may be provided under the Company’s Stock Ownership Policy.. Appendix I (California Employees) If Participant resides in the State of California, Section 15(c)(ii) of the foregoing Restricted Stock Unit Award Agreement shall be restated as follows:

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (KEMPER Corp)

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Stock Holding Period. The Participant agrees to hold the shares of Common Stock acquired upon the conversion of the RSUs for a minimum of 12 months following the applicable Settlement Date. This holding period shall not apply to shares of Common Stock withheld by the Company to settle tax liabilities related to vesting and/or settlement, and as otherwise may be provided under the Company’s Stock Ownership Policy.. Appendix I (California Employees) If Participant resides in the State of California, Section 15(c)(ii) of the foregoing Restricted Stock Unit Award Agreement shall be restated as follows:

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (KEMPER Corp)

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