Common use of Timing of Settlement Clause in Contracts

Timing of Settlement. Subject to Section 6(a), any outstanding Restricted Share Units that become vested shall be settled into an equal number of shares of Company Common Stock on a date selected by the Company that is within 30 days following the date on which the Director’s services on the Board terminate (the “Settlement Date”).

Appears in 6 contracts

Samples: Restricted Share Unit Agreement (Jackson Financial Inc.), Restricted Share Unit Agreement (Jackson Financial Inc.), Restricted Share Unit Agreement (Jackson Financial Inc.)

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Timing of Settlement. Subject to Section 6(a), any outstanding Restricted Share Units that become became vested shall be settled into an equal number of shares of Company Common Stock on a date selected by the Company that is within 30 days following the date on which the Director’s services on the Board terminate (the “Settlement Date”).

Appears in 4 contracts

Samples: Director Restricted Share Unit Agreement (Jackson Financial Inc.), Director Restricted Share Unit Agreement (Jackson Financial Inc.), Director Restricted Share Unit Agreement (Jackson Financial Inc.)

Timing of Settlement. Subject to Section 6(a), any outstanding Restricted Share Stock Units that become became vested shall be settled into an equal number of shares of Company Common Stock on a date selected by the Company that is within 30 days following the date on which the Director’s services on the Board terminate Vesting Date (the “Settlement Date”).

Appears in 2 contracts

Samples: Director Restricted Stock Unit Agreement (Core & Main, Inc.), Director Restricted Stock Unit Agreement (Agilon Health, Inc.)

Timing of Settlement. Subject to Section 6(a), any outstanding Restricted Share Stock Units that become became vested on a Grant Date shall be settled into an equal number of shares of Company Common Stock on a date selected by the Company that is within 30 days following the date on which the Director’s services on the Board terminate such Grant Date (the each such date, a “Settlement Date”).

Appears in 1 contract

Samples: Director Restricted Stock Unit Agreement (Univar Solutions Inc.)

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Timing of Settlement. Subject to Section 6(a), any outstanding Restricted Share Units that become vested shall be settled into an equal number of shares of Company Common Stock on a date selected by the Company that is within 30 days following the date on which the Director’s services on the JNY Board terminate (the “Settlement Date”).

Appears in 1 contract

Samples: Director Restricted Share Unit Agreement (Jackson National Life Insurance Co of New York)

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