Common use of Vesting and Delivery of Vested Securities Clause in Contracts

Vesting and Delivery of Vested Securities. a) Subject to the terms and provisions of the Plan and this Agreement, on the Vesting Date, the Company shall issue or transfer to the Participant the number of Shares corresponding to the Performance Level achieved during the Performance Period and the Retained Distributions, if any, covered by the Award. Except as otherwise provided in paragraphs 5, 6 and 7, the vesting of such PSUs and any Retained Distributions relating thereto shall occur only if the Participant has continued in Employment of the Company or any of its Affiliates on the Vesting Date and has continuously been so employed since the Date of Grant (as defined in the Notice of Grant of Performance Stock Units).

Vesting and Delivery of Vested Securities. a) Subject to the terms and provisions of the Plan and this Agreement, on after each Vesting Date with respect to the Vesting DateAward, the Company shall issue or transfer to the Participant the number of Shares corresponding to the Performance Level achieved during the Performance Period such Vesting Date and the Retained Distributions, if any, covered by that portion of the Award. Except as otherwise provided in paragraphs 5, 6 and 7, the vesting of such PSUs RSUs and any Retained Distributions relating thereto shall occur only if the Participant has continued in Employment of the Company or any of its Affiliates on the Vesting Date and has continuously been so employed since the Date of Grant (as defined in the Notice of Grant of Performance Stock UnitsNotice).

Vesting and Delivery of Vested Securities. a) Subject to the terms and provisions of the Plan and this Agreement, on no later than 60 days after each Vesting Date with respect to the Vesting DateAward, the Company shall issue or transfer to the Participant the number of Shares corresponding to the Performance Level achieved during the Performance Period such Vesting Date and the Retained Distributions, if any, covered by that portion of the Award. Except as otherwise provided in paragraphs 5, 6 and 7, the vesting of such PSUs RSUs and any Retained Distributions relating thereto shall occur only if (i) the Participant has continued in Employment of the Company or any of its Affiliates on the Vesting Date and has continuously been so employed since the Date of Grant (as defined in the Notice Notice) and (ii) the Performance Target has been achieved, as certified by the Committee in accordance with Section 9(b) of Grant of Performance Stock Units)the Plan.

Vesting and Delivery of Vested Securities. a) Subject to the terms and provisions of the Plan and this Agreement, on no later than 60 days after each Vesting Date with respect to the Vesting DateAward, the Company shall issue or transfer to the Participant the number of Shares corresponding to the Performance Level achieved during the Performance Period such Vesting Date and the Retained Distributions, if any, covered by that portion of February 2012 the Award. Except as otherwise provided in paragraphs 5, 6 and 7, the vesting of such PSUs RSUs and any Retained Distributions relating thereto shall occur only if (i) the Participant has continued in Employment of the Company or any of its Affiliates on the Vesting Date and has continuously been so employed since the Date of Grant (as defined in the Notice Notice) and (ii) the Performance Target has been achieved, as certified by the Committee in accordance with Section 9(b) of Grant of Performance Stock Units)the Plan.

Vesting and Delivery of Vested Securities. a) Subject to the terms and provisions of the Plan and this Agreement, on after each Vesting Date with respect to the Vesting DateAward, the Company shall issue or transfer to the Participant the number of Shares corresponding to the Performance Level achieved during the Performance Period such Vesting Date and the Retained Distributions, if any, covered by that portion of the Award. Except as otherwise provided in paragraphs 5, 6 5 and 76, the vesting of such PSUs RSUs and any Retained Distributions relating thereto shall occur only if the Participant has continued in Employment of the Company or any of its Affiliates on the Vesting Date and has continuously been so employed since the Date of Grant (as defined in the Notice of Grant of Performance Stock UnitsNotice).