Examples of Deferred Settlement Date in a sentence
Consequently, following the occurrence of an Event Determination Date, any consequent payment or delivery to the Securityholders (including, if applicable, the redemption in full of the Securities) will be deferred until the Deferred Settlement Date as specified in the Specific Terms.
If the Grantee makes such an election, but a transaction occurs that subjects the Grantee’s Performance Shares to Section 19 of the Plan prior to the Deferred Settlement Date, the Grantee’s deferral election will terminate and the Grantee’s Performance Shares and Dividend Equivalents will be settled as of the date of that transaction.
If the Grantee makes such an election, but a transaction occurs that subjects the Grantee’s Shares to Section 19 of the Plan prior to the Deferred Settlement Date, the Grantee’s deferral election will terminate and the Grantee’s Shares and Dividend Equivalents will be settled as of the date of that transaction.
I understand that if I elect to have my RSUs settled in substantially equal annual installments then the Deferred Settlement Date chosen herein will begin the first distribution, and that future distributions will occur on that anniversary date in each subsequent year (unless settled sooner as described above).
The Restricted Stock Units may not, at any time prior to the Deferred Settlement Date, be assigned, alienated, pledged, attached, sold or otherwise transferred or encumbered by the Participant and any such purported assignment, alienation, pledge, attachment, sale, transfer or encumbrance shall be void and unenforceable against the Company or any Affiliate; provided that the designation of a beneficiary shall not constitute an assignment, alienation, pledge, attachment, sale, transfer or encumbrance.
The Participant shall not be the record owner of Shares issuable in respect of the Restricted Stock Unit Award until or unless such Restricted Stock Units vest and the Deferred Settlement Date has occurred.
A Deferred Settlement Date may be no earlier than the later of (i) my Original Settlement Date or (ii) twelve months following the date of the election.
Within 30 days after the Deferred Settlement Date, the Company shall make a cash payment to the Participant equal to the Fair Market Value of a share of Common Stock, determined as of the Deferred Settlement Date, multiplied by the number of whole and fractional notional shares of Common Stock credited to the Participant’s Deferral Account.
However, at any time I may elect with the consent of the Company to receive vested RSUs in Common Shares by accelerating my Deferred Settlement Date.
A laid off Fire Prevention Inspector who previously held a Redding Fire Captain position may displace a Fire Captain, if they are qualified to perform the duties of Fire Captain, meet all requirements of the classification, and if such laid off Fire Prevention Inspector has greater combined Fire Captain and Fire Prevention Inspector seniority than the Fire Captain being displaced.