Common use of Terms and Conditions of this Grant Clause in Contracts

Terms and Conditions of this Grant. The Restricted Stock Units become “vested” on the vesting date noted above. The Shares underlying the Restricted Stock Units will be issued upon vesting. In the event the vesting date falls on a weekend day or holiday, the Restricted Stock Units will vest and Shares will be issued on the next trading day.

Appears in 5 contracts

Samples: Grant Agreement – Restricted Stock Units (nVent Electric PLC), Grant Agreement (nVent Electric PLC), Restricted Stock Units Grant Agreement (nVent Electric PLC)

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Terms and Conditions of this Grant. The Restricted Stock Units become “vested” on the vesting date dates noted above. The Shares underlying the Restricted Stock Units will be issued upon vesting. In the event the vesting date falls on a weekend day or holiday, the Restricted Stock Units will vest and Shares will be issued on the next trading day.

Appears in 1 contract

Samples: Restricted Stock Units Grant Agreement (Pentair Inc)

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