Common use of Form and Time of Payment of RSUs Clause in Contracts

Form and Time of Payment of RSUs. (a) Payment for the RSUs, after and to the extent they have become Vested, shall be made in the form of Common Shares. Except as provided in Section 5(b), payment shall be made as soon as administratively practicable following (but no later than thirty (30) days following) the date that the RSUs become Vested pursuant to Section 4 hereof. (b) If the RSUs become payable on the Grantee’s “separation from service” with the Company and its Subsidiaries within the meaning of Section 409A(a)(2)(A)(i) of the Code and the Grantee is a “specified employee” as determined pursuant to procedures adopted by the Company in compliance with Section 409A of the Code, then, to the extent necessary to comply with Section 409A of the Code, payment for the RSUs shall be made on the earlier of the first day of the seventh month after the date of the Grantee’s “separation from service” with the Company and its Subsidiaries within the meaning of Section 409A(a)(2)(A)(i) of the Code or the Grantee’s death. (c) Except to the extent provided by Section 409A of the Code and permitted by the Committee or the Board, as applicable, no Common Shares may be issued to the Grantee at a time earlier than otherwise expressly provided in this Agreement. (d) The Company’s obligations to the Grantee with respect to the RSUs will be satisfied in full upon the issuance of Common Shares corresponding to such RSUs.

Form and Time of Payment of RSUs. (a) Payment for the RSUs, after and to the extent they have become Vestednonforfeitable, shall be made in the form of Common Shares. Except Subject to Section 15, and except as provided in Section 5(b), payment shall be made as soon as administratively practicable following (but no later than thirty (30) days following) the date that the RSUs become Vested nonforfeitable pursuant to Section 4 hereof. (b) If the RSUs become payable on the Grantee’s “separation from service” with the Company and its Subsidiaries within the meaning of Section 409A(a)(2)(A)(i) of the Code and the Grantee is a “specified employee” as determined pursuant to procedures adopted by the Company in compliance with Section 409A of the Code, then, to the extent necessary to comply with avoid taxes or penalties under Section 409A of the Code, payment for the RSUs shall be made on the earlier of the first day of the seventh month after the date of the Grantee’s “separation from service” with the Company and its Subsidiaries within the meaning of Section 409A(a)(2)(A)(i) of the Code or or, if earlier, the date of the Grantee’s death. (c) Except to the extent provided permitted by Section 409A of the Code and permitted by the Committee or the Board, as applicableCommittee, no Common Shares may be issued to the Grantee at a time earlier than otherwise expressly provided in this Agreement. (d) The Company’s obligations to the Grantee with respect to the RSUs will be satisfied in full upon the issuance of Common Shares corresponding to such RSUs.

Form and Time of Payment of RSUs. (a) Payment for the RSUs, after and to the extent they have become Vestednonforfeitable, shall be made in the form of Common Shares. Except as provided in Section 5(b), payment shall be made as soon as administratively practicable following (but no later than thirty (30) days following) the date that the RSUs become Vested nonforfeitable pursuant to Section 4 hereof. (b) If the RSUs become payable on the Grantee’s “separation from service” with the Company and its Subsidiaries within the meaning of Section 409A(a)(2)(A)(i) of the Code and the Grantee is a “specified employee” as determined pursuant to procedures adopted by the Company in compliance with Section 409A of the Code, then, to the extent necessary to comply with Section 409A of the Code, then payment for the RSUs shall be made on the earlier of the first day of the seventh month after the date of the Grantee’s “separation from service” with the Company and its Subsidiaries within the meaning of Section 409A(a)(2)(A)(i) of the Code or the Grantee’s death. (c) Except to the extent provided by Section 409A of the Code and permitted by the Committee or the Board, as applicableCommittee, no Common Shares may be issued to the Grantee at a time earlier than otherwise expressly provided in this Agreement. (d) The Company’s obligations to the Grantee with respect to the RSUs will be satisfied in full upon the issuance of Common Shares corresponding to such RSUs.

Form and Time of Payment of RSUs. (a) Payment for the RSUs, after and to the extent they have become Vestednonforfeitable, shall be made in the form of Common Shares. Except as provided in Section 5(b), payment shall be made as soon as administratively practicable following (but no later than thirty (30) days following) the date that the RSUs become Vested nonforfeitable pursuant to Section 4 hereof. (b) If the RSUs become payable on the Grantee’s “separation from service” with the Company and its Subsidiaries within the meaning of Section 409A(a)(2)(A)(i) of the Code and the Grantee is a “specified employee” as determined pursuant to procedures adopted by the Company in compliance with Section 409A of the Code, then, to the extent necessary to comply with Section 409A of the Code, payment for the RSUs shall be made on the earlier of the first day of the seventh month after the date of the Grantee’s “separation from service” with the Company and its Subsidiaries within the meaning of Section 409A(a)(2)(A)(i) of the Code or the Grantee’s death. (c) Except to the extent provided by Section 409A of the Code and permitted by the Committee or the Board, as applicableCommittee, no Common Shares may be issued to the Grantee at a time earlier than otherwise expressly provided in this Agreement. (d) The Company’s obligations to the Grantee with respect to the RSUs will be satisfied in full upon the issuance of Common Shares corresponding to such RSUs.

Form and Time of Payment of RSUs. (a) Payment for the RSUs, after and to the extent they have become Vestednonforfeitable, shall be made in the form of Common SharesStock. Except as provided in Subject to Section 5(b)) hereof, payment shall be made as soon as administratively practicable following (but no later than thirty (30) days following) the date that the RSUs become Vested nonforfeitable pursuant to Section 4 hereofhereof (but in no event later than required to satisfy the short-term deferral exemption under Section 409A of the Code). (b) If the RSUs become payable on the Grantee’s “separation from service” with the Company and its Subsidiaries within the meaning of Section 409A(a)(2)(A)(i) of the Code and the Grantee is a “specified employee” as determined pursuant to procedures adopted by the Company in compliance with Section 409A of the Code, then, to the extent necessary to comply with Section 409A of the Code, payment for the RSUs shall be made on the earlier of first payroll date that occurs on or after the first date six months and one day of the seventh month after following the date of the Grantee’s “separation from service.” with Notwithstanding the Company and its Subsidiaries within foregoing, if the meaning of Section 409A(a)(2)(A)(i) Grantee dies following the Grantee’s “separation from service,” but before the six-month anniversary of the Code or “separation from service,” then any payment delayed in accordance with this Section 5(b) will be payable as soon as administratively practicable after the date of the Grantee’s death. (c) Except to the extent provided by Section 409A of the Code and permitted by the Committee or the Board, as applicable, no Common Shares may be issued to the Grantee at a time earlier than otherwise expressly provided in this Agreement. (d) The Company’s obligations to the Grantee with respect to the RSUs will be satisfied in full upon the issuance of Common Shares Stock corresponding to such RSUs.