Receipt of Shares. The Company shall issue the shares of Stock represented by the Units to the Grantee, or to the Grantee’s estate in the event of Grantee’s death, as soon as administratively practicable after the termination of the Grantee’s service on the Board of Directors.
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Samples: Restricted Stock Unit Award Agreement (Nucor Corp), Restricted Stock Unit Award Agreement (Nucor Corp)
Receipt of Shares. The Company shall issue the shares of Stock represented by the Units to the Grantee, or to the Grantee’s estate in the event of GranteeXxxxxxx’s death, as soon as administratively practicable after the termination of Units become vested in the Grantee’s service on , and the Board Units in respect of Directorswhich such shares of Stock are issued shall be cancelled. In no event shall shares of Stock be issued to the Grantee, or to any person or entity claiming by or through the Grantee, in respect of unvested Units.
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Receipt of Shares. The Company shall will issue the Shares, plus any additional shares of Common Stock of the Company represented by the Dividend Units credited to the Grantee’s Deferral Account, to Grantee, or to the Grantee’s estate in the event of Grantee’s deathdeath to Grantee’s estate, as soon as administratively practicable after the following Grantee’s termination of the Grantee’s service on as a member of the Board of DirectorsDirectors of the Company.
Appears in 1 contract
Samples: Deferred Stock Unit Agreement (Lowes Companies Inc)
