Common use of Conversion to Common Stock Clause in Contracts

Conversion to Common Stock. As of each Anniversary Date, one-third of the Units shall be converted to Common Stock and issued to you, unless the Units have been forfeited or previously converted prior to such Anniversary Date in accordance with the terms of this Agreement.

Appears in 5 contracts

Samples: Restricted Stock Unit Award Agreement (Wyeth), Restricted Stock Unit Award Agreement (Wyeth), Restricted Stock Unit Award Agreement (Wyeth)

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Conversion to Common Stock. As of each Anniversary the Conversion Date, one-third of the Units shall be converted to Common Stock and issued to you, unless the Units have been forfeited or previously converted prior to such Anniversary as of an earlier Payment Date in accordance with the terms of this Agreement.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Wyeth)

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