Common use of Vesting; Settlement Clause in Contracts

Vesting; Settlement. The RSUs shall become vested in accordance with the schedule set forth on the Award Notice. The Company shall deliver to the Participant one share of Common Stock for each RSU (as adjusted under the Plan) which becomes vested in a given calendar year, pursuant to Section 12, below, and such vested RSU shall be cancelled upon such delivery.

Appears in 10 contracts

Samples: Restricted Stock Unit Agreement (Invitation Homes Inc.), Restricted Stock Unit Agreement (Invitation Homes Inc.), Restricted Stock Unit Agreement (Invitation Homes Inc.)

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Vesting; Settlement. The RSUs shall become vested in accordance with the schedule set forth on the Award Notice. The Company shall deliver to the Participant one share of Common Stock for each RSU (as adjusted under the Plan) which becomes vested in a given calendar year, pursuant to Section 1213, below, and such vested RSU shall be cancelled upon such delivery.

Appears in 8 contracts

Samples: Restricted Stock Unit Agreement (Invitation Homes Inc.), Restricted Stock Unit Agreement (Invitation Homes Inc.), Restricted Stock Unit Agreement (Invitation Homes Inc.)

Vesting; Settlement. The RSUs shall become vested in accordance with the schedule set forth on the Award Notice. The Company shall deliver to the Participant one share of Common Stock Share for each RSU (as adjusted under the Plan) which becomes vested in a given calendar year, pursuant to Section 12, below, and such vested RSU shall be cancelled upon such delivery.

Appears in 4 contracts

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

Vesting; Settlement. The RSUs shall become vested in accordance with the schedule set forth on the Award Notice. The Company shall deliver to the Participant Participant, without charge, one share of Common Stock for each RSU (as adjusted under the Plan) which becomes vested in a given calendar year, pursuant to Section 1213, below, and such vested RSU shall be cancelled upon such delivery.

Appears in 3 contracts

Samples: Restricted Stock Unit Agreement (Park Hotels & Resorts Inc.), Restricted Stock Unit Agreement (Hilton Grand Vacations Inc.), Restricted Stock Unit Agreement (Hilton Grand Vacations Inc.)

Vesting; Settlement. The RSUs shall become vested in accordance with the schedule set forth on the Award Notice. The Company shall deliver to the Participant without charge, as of the applicable vesting date, one share of Common Stock for each RSU (as adjusted under the Plan) which becomes vested in a given calendar year, pursuant to Section 12, below, and such vested RSU shall be cancelled upon such delivery.

Appears in 3 contracts

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

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Vesting; Settlement. The RSUs shall become vested in accordance with the schedule set forth on the Award Notice. The Company shall deliver to the Participant one share of Common Stock for each RSU (as adjusted under the Plan) which becomes vested in a given calendar year, pursuant to Section 12, 12 below, and such vested RSU shall be cancelled upon such delivery.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Park Hotels & Resorts Inc.)

Vesting; Settlement. The RSUs shall become vested in accordance with the schedule set forth on the Award Notice. The Company shall deliver to the Participant one share of Common Stock for each RSU (as adjusted under the Plan) which becomes vested in a given calendar year, pursuant to the terms of Section 12, 12 below, and such vested RSU shall be cancelled upon such delivery.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Hilton Grand Vacations Inc.)

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