Stock Register. On the date of payment or settlement of any Performance Restricted Stock Units in accordance with Section 7, to the extent payment is made in shares of Common Stock, the Company will deliver to Participant (or in the case of Participant’s death, to Participant’s beneficiary) the shares of Common Stock (rounded down to the nearest full share) by entering such shares in book-entry form.
Appears in 2 contracts
Samples: Equity and Incentive Plan Performance Restricted Stock Unit Grant Agreement (First Interstate Bancsystem Inc), Equity and Incentive Plan Performance Restricted Stock Unit Grant Agreement (First Interstate Bancsystem Inc)
Stock Register. On the date of payment or settlement of any Performance Restricted Stock Units in accordance with Section 77 and subject to any deferral election made pursuant to Section 11 below, to the extent payment is made in shares of Common Stock, the Company will deliver to Participant (or in the case of Participant’s death, to Participant’s beneficiary) the shares of Common Stock (rounded down to the nearest full share) by entering such shares in book-entry form.
Appears in 2 contracts
Samples: Equity and Incentive Plan Performance Restricted Stock Unit Grant Agreement (First Interstate Bancsystem Inc), Equity and Incentive Plan Performance Restricted Stock Unit Grant Agreement (First Interstate Bancsystem Inc)
Stock Register. On the date of payment or settlement of any Performance Restricted Stock Units in accordance with Section 78, to the extent payment is made in shares of Common Stock, the Company will deliver to Participant (or in the case of Participant’s death, to Participant’s beneficiary) the shares of Common Stock (rounded down to the nearest full share) by entering such shares in book-entry form.
Appears in 1 contract