Common use of Time and Form of Payment Clause in Contracts

Time and Form of Payment. Payouts of vested Performance Share Units shall be made in the form of shares of the Company’s Class A Stock. Each Performance Share Unit awarded under this Agreement consists of the right to receive one share of Class A Stock. Vested Performance Share Units shall be paid as follows:

Appears in 14 contracts

Samples: Performance Share Unit Agreement (Constellation Brands, Inc.), Performance Share Unit Agreement (Constellation Brands, Inc.), Performance Share Unit Agreement (Constellation Brands, Inc.)

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Time and Form of Payment. Payouts of vested Performance Share Units shall be made in the form of shares of the Company’s Class A Stock. Each Performance Share Unit awarded under this PSU Agreement consists of the right to receive one share of Class A Stock. Vested Performance Share Units shall be paid as follows:

Appears in 1 contract

Samples: Performance Share Unit Agreement (Constellation Brands, Inc.)

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