Common use of Vesting Date Payment Clause in Contracts

Vesting Date Payment. Subject to all the terms and conditions set forth in this Agreement and the Plan including, without limitation, the vesting conditions, the Company shall issue to the Grantee the number of Shares of Stock that is equal to the number of Vested Units within sixty (60) days after the Vesting Date. The Grantee shall pay to the Company, or make provision satisfactory to the Company for payment of, any federal, state, local or foreign taxes required by law to be withheld in connection with the Award, no later than the date on which such withholding is required under applicable law. The Company shall have no obligation to deliver Shares of Stock until the tax withholding obligations of the Company have been satisfied by the Grantee.

Appears in 4 contracts

Samples: Restricted Stock Unit Agreement (Post Holdings, Inc.), Restricted Stock Unit Agreement (Post Holdings, Inc.), Restricted Stock Unit Agreement (Post Holdings, Inc.)

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