Common use of STOCK ISSUANCE DATE Clause in Contracts

STOCK ISSUANCE DATE. As Restricted Stock Units vest under your Award, the Company will issue you shares of Common Stock with respect to such vested Restricted Stock Units following the satisfaction of such vesting requirements, in accordance with Section 2(d) of the Restricted Stock Unit Agreement, unless you timely elect to receive the shares at a different time. If you elect a different date, Common Stock will generally be issued to you on such date but only to the extent your Restricted Stock Units are vested and additional shares of Common Stock (if any) will be issued to you when any remaining Restricted Stock Units vest. I hereby elect to receive my shares of Common Stock on the earlier of (check all that apply): 1. ☐ , 20 ; (enter date) 2. ☐ [my death;] 3. ☐ [my Disability (as defined in Code Section 409A);] 4. ☐ [a Change in Control (as defined in the Plan); and/or] 5. ☐ my “separation from service” (as defined in Code Section 409A) with the Company. To the extent you are a “specified employee” for purposes of Code Section 409A and to the extent Code Section 409A is applicable to deferral of receipt of Common Stock pursuant to this Deferral Election Form (the “Form”), notwithstanding any contrary provision which exists in the Plan or the Agreement, your distribution will be delayed for a period of 6 months as required by Code Section 409A. This Form is subject to all the terms, conditions and provisions of the Plan and the Agreement including, without limitation, the amendment provisions thereof. The Plan and the Agreement are incorporated herein by reference. If and to the extent that this Form conflicts or is inconsistent with the terms, conditions and provisions of the Plan or the Agreement, the Plan and the Agreement shall control, and this Form shall be deemed to be modified accordingly. / / 1 Capitalized terms not defined herein shall have the meaning ascribed thereto in the Red Violet, Inc. Stock Incentive Plan (as amended to date, the “Plan”). This Form is to be used to defer receipt of shares of Common Stock that are issuable under the Plan in connection with Restricted Stock Units. The following instructions provide more information about the Form. A. PARTICIPANT INFORMATION B. DEFERRAL ELECTION

Appears in 3 contracts

Samples: Restricted Stock Unit Agreement (Red Violet, Inc.), Restricted Stock Unit Agreement (Red Violet, Inc.), Restricted Stock Unit Agreement (Red Violet, Inc.)

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STOCK ISSUANCE DATE. As Restricted Stock Units vest under your Award, the Company will issue you shares of Common Stock with respect to such vested Restricted Stock Units following the satisfaction of such vesting requirements, in accordance with Section 2(d) of the Restricted Stock Unit Agreement, unless you timely elect to receive the shares at a different time. If you elect a different date, Common Stock will generally be issued to you on such date but only to the extent your Restricted Stock Units are vested and additional shares of Common Stock (if any) will be issued to you when any remaining Restricted Stock Units vest. I hereby elect to receive my shares of Common Stock on the earlier of (check all that apply): 1. ¨ , 20 ; (enter date) 2. ☐ [¨ my death;] 3. ☐ [¨ my Disability (as defined in Code Section 409A);] 4. ☐ [¨ a Change in Control (as defined in the Plan); and/or] 5. ¨ my “separation from service” (as defined in Code Section 409A) with the Company. To the extent you are a “specified employee” for purposes of Code Section 409A and to the extent Code Section 409A is applicable to deferral of receipt of Common Stock pursuant to this Deferral Election Form (the “Form”), notwithstanding any contrary provision which exists in the Plan or the Agreement, your distribution will be delayed for a period of 6 months as required by Code Section 409A. This Form is subject to all the terms, conditions and provisions of the Plan and the Agreement including, without limitation, the amendment provisions thereof. The Plan and the Agreement are incorporated herein by reference. If and to the extent that this Form conflicts or is inconsistent with the terms, conditions and provisions of the Plan or the Agreement, the Plan and the Agreement shall control, and this Form shall be deemed to be modified accordingly. / / 1 Capitalized terms not defined herein shall have the meaning ascribed thereto in the Red Violet, Karat Packaging Inc. Stock Incentive Plan (as amended to date, the “Plan”). This Form is to be used to defer receipt of shares of Common Stock that are issuable under the Plan in connection with Restricted Stock Units. The following instructions provide more information about the Form. A. PARTICIPANT INFORMATION B. DEFERRAL ELECTION

Appears in 3 contracts

Samples: Restricted Stock Unit Agreement (Karat Packaging Inc.), Restricted Stock Unit Agreement (Karat Packaging Inc.), Restricted Stock Unit Agreement (Karat Packaging Inc.)

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STOCK ISSUANCE DATE. As Restricted Stock Units vest under your Award, the Company will issue you shares of Common Stock with respect to such vested Restricted Stock Units within thirty (30) days following the satisfaction of such vesting requirements, in accordance with Section 2(d) of the Restricted Stock Unit Agreement, unless you timely elect to receive the shares at a different time. If you elect a different date, Common Stock will generally be issued to you on such date but only to the extent your Restricted Stock Units are vested and additional shares of Common Stock (if any) will be issued to you when any remaining Restricted Stock Units vest. I hereby elect to receive my shares of Common Stock on the earlier of (check all that apply): 1. ¨ , 20 ; (enter date) 2. ☐ [¨ my death;] 3. ☐ [¨ my Disability (as defined in Code Section 409Athe Plan);]; and/or 4. ☐ [¨ a Change in Control (as defined in the Plan); and/or] 5. ☐ my “separation from service” 1 Capitalized terms not defined herein shall have the meaning ascribed thereto in the IDI, Inc. 2015 Stock Incentive Plan (as defined in Code Section 409A) with the Company. To the extent you are a “specified employee” for purposes of Code Section 409A and amended to the extent Code Section 409A is applicable to deferral of receipt of Common Stock pursuant to this Deferral Election Form (date, the “FormPlan”), notwithstanding any contrary provision which exists in the Plan or the Agreement, your distribution will be delayed for a period of 6 months as required by Code Section 409A. . This Form is subject to all the terms, conditions and provisions of the Plan and the Agreement including, without limitation, the amendment provisions thereof. The Plan and the Agreement are incorporated herein by reference. If and to the extent that this Form conflicts or is inconsistent with the terms, conditions and provisions of the Plan or the Agreement, the Plan and the Agreement shall control, and this Form shall be deemed to be modified accordingly. / / 1 Capitalized terms not defined herein shall have the meaning ascribed thereto in the Red Violet, Inc. Stock Incentive Plan (as amended to date, the “Plan”). This Form is to be used to defer receipt of shares of Common Stock that are issuable under the Plan in connection with Restricted Stock Units. The following instructions provide more information about the Form. A. PARTICIPANT INFORMATION B. DEFERRAL ELECTION

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (IDI, Inc.), Restricted Stock Unit Agreement (IDI, Inc.)

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