Common use of Distribution of Stock Clause in Contracts

Distribution of Stock. (i) Shares shall be distributed to Participant (or in the event of Participant’s death, to his or her estate) with respect to such Participant’s vested Deferred Stock granted to Participant pursuant to this Deferred Stock Agreement, subject to the terms and provisions of the Plan and this Deferred Stock Agreement, on each vesting date as the Deferred Stock vests pursuant to the Vesting Schedule set forth in the Grant Notice.

Appears in 4 contracts

Samples: Deffered Stock Award Agreement (Tessera Technologies Inc), Deffered Stock Award Agreement (Tessera Technologies Inc), Deferred Stock Award Agreement (Tessera Technologies Inc)

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Distribution of Stock. (i) Shares Stock shall be distributed to Participant (or in the event of Participant’s death, to his or her estate) with respect to such Participant’s vested Deferred Restricted Stock Units granted to Participant pursuant to this Deferred Restricted Stock Unit Agreement, subject to the terms and provisions of the Plan and this Deferred Restricted Stock Unit Agreement, on each vesting date as commencing following the Deferred Stock vests pursuant earliest to occur of the Vesting Schedule set forth in the Grant Notice.following events (each, a “Distribution Event”):

Appears in 2 contracts

Samples: 2007 Incentive Award Plan (CollabRx, Inc.), Restricted Stock Unit Award Agreement (CollabRx, Inc.)

Distribution of Stock. (i) Shares Stock shall be distributed to Participant (or in the event of Participant’s death, to his or her estate) with respect to such Participant’s vested Deferred Restricted Stock Units granted to Participant pursuant to this Deferred Restricted Stock Unit Agreement, subject to the terms and provisions of the Plan and this Deferred Restricted Stock Unit Agreement, on each vesting date as the Deferred Stock RSU vests pursuant to the Vesting Schedule set forth in the Grant Notice.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Ligand Pharmaceuticals Inc)

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Distribution of Stock. (i) Shares shall be distributed to Participant (or in the event of Participant’s death, to his or her estate) with respect to such Participant’s vested Deferred Stock granted to Participant pursuant to this Deferred Stock Agreement, subject to the terms and provisions of the Plan Plan, the Trust Agreement and this Deferred Stock Agreement, on each vesting date as the Deferred Stock vests pursuant to the Vesting Schedule set forth in the Grant Notice.

Appears in 1 contract

Samples: Deferred Stock Award Agreement (Tessera Technologies Inc)

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