Common use of Form and Timing of Payment Clause in Contracts

Form and Timing of Payment. Payment of earned Restricted Stock Units will be made at the time(s) set forth in the Award Agreement and determined by the Administrator. Unless otherwise provided in the Award Agreement, the Administrator may settle earned Restricted Stock Units in cash, Shares, or a combination of both.

Appears in 10 contracts

Samples: Business Combination Agreement (Digital Transformation Opportunities Corp.), Business Combination Agreement (Digital Transformation Opportunities Corp.), Business Combination Agreement (Digital Transformation Opportunities Corp.)

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Form and Timing of Payment. Payment of earned Restricted Stock Units will be made at the time(s) determined by the Administrator and set forth in the Award Agreement and determined by the Agreement. The Administrator. Unless otherwise provided , in the Award Agreementits sole discretion, the Administrator may settle earned Restricted Stock Units in cash, Shares, or a combination of both.

Appears in 8 contracts

Samples: Business Combination Agreement (Tailwind Acquisition Corp.), Agreement and Plan of Merger (Osprey Technology Acquisition Corp.), Subscription Agreement (ARYA Sciences Acquisition Corp III)

Form and Timing of Payment. Payment of earned Restricted Stock Units will be made at as soon as practicable after the time(sdate(s) determined by the Administrator and set forth in the Award Agreement and determined by the Agreement. The Administrator. Unless otherwise provided , in the Award Agreementits sole discretion, the Administrator may only settle earned Restricted Stock Units in cash, Shares, or a combination of both.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Telenav, Inc.), Employment Agreement (Rackspace Hosting, Inc.)

Form and Timing of Payment. Payment of earned Restricted Stock Units will be made at upon the time(sdate(s) determined by the Administrator and set forth in the Award Agreement and determined by the Agreement. The Administrator. Unless otherwise provided , in the Award Agreementits sole discretion, the Administrator may only settle earned Restricted Stock Units in cash, Shares, or a combination of both.

Appears in 2 contracts

Samples: Investment Agreement (Easterly Acquisition Corp.), Agreement and Plan of Merger and Reorganization (Flexible Solutions International Inc)

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Form and Timing of Payment. Payment of earned Restricted Stock Units will be made at such times as determined by the time(s) Administrator and set forth in the Award Agreement and determined by the Agreement. The Administrator. Unless otherwise provided , in the Award Agreementits sole discretion, the Administrator may only settle earned Restricted Stock Units in cash, Shares, or a combination of both.

Appears in 1 contract

Samples: Business Combination Agreement (Longview Acquisition Corp. II)

Form and Timing of Payment. Payment of earned Restricted Stock Units will be made at as soon as practicable after the time(sdate(s) set forth in the Award Agreement and determined by the Administrator. Unless or as otherwise provided in the applicable Award AgreementAgreement or as required by Applicable Laws. The Administrator, the Administrator in its sole discretion, may settle pay earned Restricted Stock Units in cash, Shares, or a combination thereof. Shares represented by Restricted Stock Units that are fully paid in cash again will not reduce the number of bothShares available for grant under the Plan.

Appears in 1 contract

Samples: Aldila Inc

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