Common use of Vesting; Settlement Clause in Contracts

Vesting; Settlement. (a) Subject to the Colleague’s continued employment with the Company or any Subsidiary or Designated Associate Company through the Vesting Date and the other requirements in this Section 3.2, the Earned Performance Shares shall vest on the Vesting Date and become payable in accordance with Section 3.2(k) below.

Appears in 3 contracts

Samples: Based Restricted Share Unit Award Agreement (Willis Towers Watson PLC), Based Restricted Share Unit Award Agreement (Willis Towers Watson PLC), Based Restricted Share Unit Award Agreement (Willis Towers Watson PLC)

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Vesting; Settlement. (a) Subject to the ColleagueAssociate’s continued employment with the Company or any Subsidiary or Designated Associate Company through the Vesting Date and the other requirements in this Section 3.2, the Earned Performance Shares shall vest on the Vesting Date and become payable in accordance with Section 3.2(k) below.

Appears in 3 contracts

Samples: Restricted Share Unit Award Agreement (Willis Towers Watson PLC), Restricted Share Unit Award Agreement (Willis Towers Watson PLC), Performance Based Restricted Share Unit Award Agreement (Willis Towers Watson PLC)

Vesting; Settlement. (a) Subject to the Colleague’s Associates’ continued employment with the Company Company, its Subsidiaries, or any Subsidiary or a Designated Associate Company through the Vesting Date and the other requirements in this Section 3.2applicable vesting date, the Earned Performance Shares shall vest on according to the Vesting Date vesting schedule that set forth in a Schedule to the Agreement or provided to the Associate through the Associate’s online account with the Company’s designated broker/stock plan administrator, and become payable in accordance with Section 3.2(k) 3.3 below.:

Appears in 2 contracts

Samples: Performance Based Restricted Share Unit Award Agreement, Restricted Share Unit Award Agreement (Willis Group Holdings PLC)

Vesting; Settlement. (a) Subject to the Colleague’s continued employment with the Company or any Subsidiary or Designated Associate Company through the applicable Vesting Date and the other requirements in this Section 3.2, a number equal to 1/12ths of the Earned Performance Shares shall vest on the Vesting Date and become payable in accordance with Section 3.2(k3.2(h) below.

Appears in 1 contract

Samples: Based Restricted Share Unit Award Agreement (Willis Towers Watson PLC)

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Vesting; Settlement. (a) Subject to the Colleague’s Executive's continued employment with the Company or any Subsidiary or Designated Associate Company through the Vesting Date and the other requirements in this Section 3.23.2(b) through 3.2(d), the Earned Performance Shares shall vest on the Vesting Date and become payable in accordance with Section 3.2(k3.2(f) below.:

Appears in 1 contract

Samples: Restricted Share Unit Award Agreement (Willis Group Holdings PLC)

Vesting; Settlement. (a) Subject to the ColleagueAssociate’s continued employment with the Company or any Subsidiary or Designated Associate Company through the Vesting Date and the other requirements in this Section 3.2Sections 3.2(b), 3.2(c), 3.2(e) and 3.2(g), the Earned Performance Shares shall vest on the Vesting Date and become payable in accordance with Section 3.2(k3.2(h) below.:

Appears in 1 contract

Samples: Restricted Share Unit Award Agreement (Willis Group Holdings PLC)

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