Common use of Delayed Settlement Clause in Contracts

Delayed Settlement. Notwithstanding any other provision of this Agreement, if at any time shares are to be issued to you hereunder as a result your Separation from Service and you are at that time a Specified Employee (as defined in Section 15), then no shares shall be issued to you prior to the date that is six months after the date of your separation from service (unless another permitted settlement date intervenes).