Common use of Time of Distribution Clause in Contracts

Time of Distribution. Except as otherwise provided in this Agreement, shares and/or cash distributable in respect of Performance Shares Earned in accordance with the provisions of Paragraph 3 will be distributed on January 11, 2019, or such earlier date that is as soon as practicable after the end of the Award Cycle but no more than 30 days earlier. In no event may the Employee designate the taxable year of payment.

Appears in 2 contracts

Samples: Performance Share Agreement (Joy Global Inc), Performance Share Agreement (Joy Global Inc)

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Time of Distribution. Except as otherwise provided in this Agreement, shares and/or cash distributable in respect of Performance Shares Earned in accordance with the provisions of Paragraph 3 will be distributed on January 1115, 20192018, or such earlier date that is as soon as practicable after the end of the Award Cycle but no more than 30 days earlier. In no event may the Employee designate the taxable year of payment.

Appears in 1 contract

Samples: Performance Share Agreement (Joy Global Inc)

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Time of Distribution. Except as otherwise provided in this Agreement, shares and/or cash distributable in respect of Performance Shares Earned in accordance with the provisions of Paragraph 3 will be distributed on January 1113, 20192017, or such earlier date that is as soon as practicable after the end of the Award Cycle but no more than 30 days earlier. In no event may the Employee designate the taxable year of payment.

Appears in 1 contract

Samples: Performance Share Agreement (Joy Global Inc)

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