Form and Timing of Payment. Any vested Units shall be paid by the Company in shares of the Company’s common stock, par value $0.01 per share (the “Shares”) on a one-to-one basis on, or as soon as practicable after, the Vesting Date.
Appears in 7 contracts
Samples: Incentive Plan Restricted Stock Unit Award Agreement (Mobility Electronics Inc), Incentive Plan Restricted Stock Unit Award Agreement (Mobility Electronics Inc), Term Incentive Plan Restricted Stock Unit Award Agreement (Mobility Electronics Inc)
Form and Timing of Payment. Any vested Units shall be paid by the Company in shares of the Company’s common stock, par value $0.01 per share (the “Shares”) on a one-to-one basis on, or as soon as practicable after, the Vesting Date, unless the Participant irrevocably elects in writing to defer the payment of such Units in a manner approved by the Compensation Committee of the Board of Directors of the Company.
Appears in 3 contracts
Samples: Restricted Stock Unit Award Agreement (Mobility Electronics Inc), Restricted Stock Unit Award Agreement (Mobility Electronics Inc), Restricted Stock Unit Award Agreement (Mobility Electronics Inc)
Form and Timing of Payment. Any vested Units shall be paid by the Company in shares of the Company’s 's common stock, par value $0.01 per share (the “Shares”"SHARES") on a one-to-one basis on, or as soon as practicable after, the Vesting Date.
Appears in 1 contract
Samples: Restricted Stock Unit Award Agreement (Mobility Electronics Inc)
