Common use of Effect of Vesting Clause in Contracts

Effect of Vesting. a. If, and at the time, the Participant’s RSUs vest under the terms of Section 3 or Section 4, such Participant shall receive as full consideration for the RSUs a number of Shares equal to the number of RSUs which vested on such date.

Appears in 3 contracts

Samples: Restricted Stock Unit Participation Agreement (Heidrick & Struggles International Inc), Restricted Stock Unit (Heidrick & Struggles International Inc), Restricted Stock Unit Participation (Heidrick & Struggles International Inc)

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Effect of Vesting. a. If, and at the time, When the Participant’s RSUs vest under the terms of Section 3 or Section 43, such Participant shall receive as full consideration for the RSUs a number of Shares equal to the number of RSUs which vested on such date.

Appears in 3 contracts

Samples: Restricted Stock Unit Participation Agreement (Heidrick & Struggles International Inc), Restricted Stock Unit Participation Agreement (Heidrick & Struggles International Inc), Restricted Stock Unit Participation Agreement (Heidrick & Struggles International Inc)

Effect of Vesting. a. If, and at the time, the Participant’s RSUs vest under the terms of Section 3 or Section 48, and subject to Section 7, such Participant shall receive as full consideration for the RSUs a number of Shares equal to the number of RSUs which vested on such date.

Appears in 2 contracts

Samples: Form of Restricted Stock Participation Agreement (Heidrick & Struggles International Inc), Restricted Stock (Heidrick & Struggles International Inc)

Effect of Vesting. a. If, and at the time, the Participant’s RSUs vest under the terms of Section 3 or Section 43, such Participant shall receive as full consideration for the RSUs a number of Shares equal to the number of RSUs which vested on such date. The Participant shall have no right to receive any payments hereunder in a form other than Shares.

Appears in 1 contract

Samples: Participation Agreement (Heidrick & Struggles International Inc)

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Effect of Vesting. a. (a) If, and at the time, the Participant’s RSUs vest under the terms of Section 3 or Section 4, such Participant shall receive as full consideration for the RSUs a number of Shares equal to the number of RSUs which vested on such date.

Appears in 1 contract

Samples: Restricted Stock Unit Participation Agreement (Heidrick & Struggles International Inc)

Effect of Vesting. a. If, and at the time, the Participant’s RSUs vest under the terms of Section 3 or Section 49, and subject to Section 7, such Participant shall receive as full consideration for the RSUs (i) a number of Shares equal to the number of Share-Settled RSUs which vested on such date and (ii) the then-current Fair Market Value of a number of Shares equal to the number of Cash-Settled RSUs which vested on such date.

Appears in 1 contract

Samples: Restricted Stock Unit Participation Agreement (Heidrick & Struggles International Inc)

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