Common use of Timing and Form of Payment of RSU Award Clause in Contracts

Timing and Form of Payment of RSU Award. Upon vesting, each RSU is converted to one share of Common Stock, free of any restrictions. WM will deliver the shares of Common Stock to you and make payment of the corresponding Dividend Equivalents as soon as administratively feasible (and no later than 74 days) following the Vesting Date. ​

Appears in 2 contracts

Samples: Rsu Award Agreement (Waste Management Inc), Rsu Award Agreement (Waste Management Inc)

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Timing and Form of Payment of RSU Award. Upon vesting, each RSU is converted to one share of Common Stock, free of any restrictions. Unless you have a valid Deferral Election in place for your RSU Award (see paragraph 8 under “Important Award Details” for further information on permitted deferrals), WM will deliver the shares of Common Stock to you and make payment of the corresponding Dividend Equivalents as soon as administratively feasible (and no later than 74 days) following the Vesting Date. ​.

Appears in 1 contract

Samples: Long Term Incentive Compensation Award Agreement (Waste Management Inc)

Timing and Form of Payment of RSU Award. Upon vesting, each RSU is converted to one share of Common Stock, free of any restrictions. WM will deliver the shares of Common Stock to you and make payment of the corresponding Dividend Equivalents as soon as administratively feasible (and no later than 74 days) following the Vesting Date. ​.

Appears in 1 contract

Samples: Long Term Incentive Compensation Award Agreement (Waste Management Inc)

Timing and Form of Payment of RSU Award. Upon vesting, each RSU is converted to one share of Common Stock, free of any restrictions. WM will deliver the shares of Common Stock to you and make payment of the corresponding Dividend Equivalents as soon as administratively feasible (and no later than 74 60 days) following the applicable Vesting Date. ​.

Appears in 1 contract

Samples: Individual Restricted Stock Unit Award Agreement (Waste Management Inc)

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Timing and Form of Payment of RSU Award. Upon vesting, each RSU is converted to one share of Common Stock, free of any restrictions. WM will deliver the shares of Common Stock to you and make payment of the corresponding Dividend Equivalents as soon as administratively feasible (and no later than 74 days) following the Vesting Date. Your RSU Awards under this Agreement are subject to important terms and conditions set forth below. Please read them carefully and seek advice from your own legal and tax advisors before executing this Agreement.

Appears in 1 contract

Samples: Long Term Incentive Compensation Award Agreement (Waste Management Inc)

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