Common use of Time of Payment Under RSU Award Clause in Contracts

Time of Payment Under RSU Award. A Holder’s payment under an RSU Award shall be made at such time as is specified in the applicable Award Agreement. The Award Agreement shall specify that the payment will be made (1) by a date that is no later than the date that is two and one-half (2 1/2) months after the end of the Fiscal Year in which the RSU Award payment is no longer subject to a Substantial Risk of Forfeiture or (2) at a time that is permissible under Section 409A.

Appears in 9 contracts

Samples: 2016 Omnibus Incentive Plan (Energy Hunter Resources, Inc.), 2011 Omnibus Stock Plan (Newfield Exploration Co /De/), 2011 Omnibus Stock Plan (Newfield Exploration Co /De/)

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Time of Payment Under RSU Award. A Holder’s payment under an RSU Award shall be made at such time as is specified in the applicable Award Agreement. The Award Agreement shall specify that the payment will be made (1) by a date that is no later than the date that is two and one-half (2 1/2) months after the end of the Fiscal Year in which the RSU Award payment is no longer subject to a Substantial Risk of Forfeiture or (2) at a time that is permissible Permissible under Section 409A.

Appears in 5 contracts

Samples: 2009 Omnibus Incentive Plan (Rosetta Stone Inc), Long Term Incentive Plan (Dex Media, Inc.), Long Term Incentive Plan (Supermedia Inc.)

Time of Payment Under RSU Award. A Holder’s payment under an RSU Award shall be made at such time as is specified in the applicable Award Agreement. The Award Agreement shall specify that the payment will be made (1a) by a date that is no later than the date that is two and one-half (2 1/2) months after the end of the Fiscal Year in which the RSU Award payment is no longer subject to a Substantial Risk of Forfeiture or (2b) at a time that is permissible Permissible under Section 409A.

Appears in 2 contracts

Samples: 2010 Omnibus Incentive Plan (Viasat Inc), 2010 Omnibus Incentive Plan (RigNet, Inc.)

Time of Payment Under RSU Award. A Holder’s payment under an RSU Award shall be made at such time as is specified in the applicable Award Agreement. The Award Agreement shall specify that the payment will be made (1a) by a date that is no later than the date that is two and one-half (2 1/2) months after the end of the Fiscal Year in which the RSU Award payment is no longer subject to a Substantial Risk of Forfeiture or (2b) at a time that is permissible under Section 409A.

Appears in 2 contracts

Samples: 2010 Omnibus Incentive Plan (Weatherford International LTD), 2006 Omnibus Incentive Plan (Weatherford International LTD)

Time of Payment Under RSU Award. A Holder’s payment under an RSU Award shall be made at such time as is specified in the applicable Award Agreement. The Award Agreement shall specify that the payment will be made (1) by a date that is no later than the date that is two and one-half (2 1/2) months after the end of the Fiscal Year in which the RSU Award payment is no longer subject to a Substantial Risk of Forfeiture or (2) at a time or upon an event that is permissible under Section 409A.

Appears in 2 contracts

Samples: Long Term Incentive Plan (Rex Energy Corp), Long Term Incentive Plan (Rex Energy Corp)

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Time of Payment Under RSU Award. A Holder’s payment under an RSU Award shall be made at such time as is specified in the applicable Award Agreement. The Award Agreement shall specify that the payment will be made (1a) by a date that is no later than the date that is two and one-half (2 1/2) months after the end of the Fiscal Year calendar year in which the RSU Award payment is no longer subject to a Substantial Risk of Forfeiture or (2b) at a time that is permissible Permissible under Section 409A.

Appears in 1 contract

Samples: 2012 Omnibus Incentive Plan (Independence Contract Drilling, Inc.)

Time of Payment Under RSU Award. A Holder’s 's payment under an RSU Award shall be made at such time as is specified in the applicable Award Agreement. The Award Agreement shall specify that the payment will be made (1) by a date that is no later than the date that is two and one-half (2 1/221/2) months after the end of the Fiscal Year in which the RSU Award payment is no longer subject to a Substantial Risk of Forfeiture or (2) at a time that is permissible Permissible under Section 409A.

Appears in 1 contract

Samples: 2009 Omnibus Incentive Plan (Rosetta Stone Inc)

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