Common use of Timing and Manner of Settlement of Restricted Stock Units Clause in Contracts

Timing and Manner of Settlement of Restricted Stock Units. In the event that Restricted Stock Units subject to this Agreement vest in accordance with the conditions set forth in this Agreement, the shares of the Company’s Common Stock which Grantee is entitled to receive upon such vesting shall be issued in book-entry form, registered in Grantee’s name or in the name of Grantee’s legal representatives, beneficiaries or heirs, as the case may be, promptly or as soon as practicable after the Vesting Date of such Restricted Stock Units, in settlement of such vested whole Restricted Stock Units, unless such settlement is deferred in accordance with the terms and conditions of the Company’s nonqualified compensation deferral plans and in compliance with Section 409A of the Code. Such delivery of shares shall be subject to the tax withholding provisions of Section 6(b) and subject to adjustment as provided in Section 7, and shall be nonassessable and in complete satisfaction of such vested Restricted Stock Units. The Grantee shall deliver to the Company any representations or other documents or assurances required pursuant to Section 11.