Common use of Award Payment Clause in Contracts

Award Payment. Subject to all terms and conditions of the Plan, the Participant’s actual value at the end of the Award Period will be settled in cash, in the Company’s Class A common stock (“Shares”), or partly in cash and partly in Shares, as determined by the Committee. If settled entirely or partially in cash, the cash value will be:

Appears in 8 contracts

Samples: Grant (OneBeacon Insurance Group, Ltd.), Grant (OneBeacon Insurance Group, Ltd.), Grant (OneBeacon Insurance Group, Ltd.)

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Award Payment. Subject to all terms and conditions of the Plan, the Participant’s actual value Actual Value at the end of the Award Period will be settled in cash, in the Company’s Class A common stock Common Shares (“Shares”), or partly in cash and partly in Shares, as determined by the Committee. If settled entirely or partially in In the event of any cash, the cash value will be:

Appears in 7 contracts

Samples: Grant (OneBeacon Insurance Group, Ltd.), Grant (OneBeacon Insurance Group, Ltd.), Grant (OneBeacon Insurance Group, Ltd.)

Award Payment. Subject to all terms and conditions of the PlanPlan and to Participant’s compliance with Section 10 of this Agreement, the Participant’s actual value Actual Value at the end of the Award Period will be settled in cash, in the Company’s Class A common stock shares (“Shares”), or partly in cash and partly in Shares, as determined by the Committee. If settled entirely or partially in cash, the cash value will be:.

Appears in 3 contracts

Samples: Grant (OneBeacon Insurance Group, Ltd.), Grant (OneBeacon Insurance Group, Ltd.), Grant (OneBeacon Insurance Group, Ltd.)

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Award Payment. Subject to all terms and conditions of the PlanPlan and to Participant’s compliance with Section 10 of this Agreement, the Participant’s actual value Actual Value at the end of the Award Period will be settled in cash, in the Company’s Class A common stock Common Shares (“Shares”), or partly in cash and partly in Shares, as determined by the Committee. If settled entirely or partially in cash, the cash value will be:.

Appears in 2 contracts

Samples: Grant (OneBeacon Insurance Group, Ltd.), Grant (OneBeacon Insurance Group, Ltd.)

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