Common use of General Rule Clause in Contracts

General Rule. Subject to Section 8, any Restricted Stock Units that vest will be paid to Participant (or in the event of Participant’s death, to his or her properly designated beneficiary or estate) in whole Shares. Subject to the provisions of Section 4(b), such vested Restricted Stock Units shall be paid in whole Shares as soon as practicable after vesting, but in each such case within sixty (60) days following the vesting date. In no event will Participant be permitted, directly or indirectly, to specify the taxable year of payment of any Restricted Stock Units payable under this Award Agreement.

Appears in 21 contracts

Samples: Restricted Stock Unit Agreement (AppLovin Corp), Restricted Stock Unit Award Agreement (Rocket Fuel Inc.), Restricted Stock Unit Agreement (Alphabet Inc.)

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General Rule. Subject to Section 86, any Restricted Stock Units that vest will be paid to Participant (or in the event of Participant’s death, to his or her properly designated beneficiary or estate) in whole Shares. Subject to the provisions of Section 4(b), such vested Restricted Stock Units shall be paid in whole Shares as soon as practicable after vesting, but in each such case within sixty (60) days following the vesting date. In no event will Participant be permitted, directly or indirectly, to specify the taxable year of payment of any Restricted Stock Units payable under this Award Agreement.

Appears in 9 contracts

Samples: Restricted Stock Unit Award Agreement (Juno Therapeutics, Inc.), Restricted Stock Unit Award Agreement (Aehr Test Systems), Restricted Stock Unit Award Agreement (Avinger Inc)

General Rule. Subject to Section 8, any Restricted Stock Units that vest will be paid to Participant (or in the event of Participant’s death, to his or her properly designated beneficiary or estate) in whole Shares. Subject to the provisions of Section 4(b), such vested Restricted Stock Units shall will be paid in whole Shares as soon as practicable after vesting, but in each such case within sixty (60) days following the vesting date. In no event will Participant be permitted, directly or indirectly, to specify the taxable year of payment of any Restricted Stock Units payable under this Award Agreement.

Appears in 5 contracts

Samples: Restricted Stock Unit Agreement (Transphorm, Inc.), Restricted Stock Unit Agreement (Roblox Corp), Restricted Stock Unit Agreement (Transphorm, Inc.)

General Rule. Subject to Section 8, any Restricted Stock Units that vest will be paid to Participant (or in the event of Participant’s death, to his or her properly designated beneficiary or estate) in whole Shares. Subject to the provisions of Section 4(b), such vested Restricted Stock Units shall be paid in whole Shares as soon as practicable after vesting, but in each such case within sixty (60) days following the vesting date. In no event will Participant be permitted, directly or indirectly, to specify the taxable year of payment of any Restricted Stock Units payable under this Award Agreement.. (b)

Appears in 5 contracts

Samples: Prsu Agreement (Nlight, Inc.), fuboTV Inc. /FL, fuboTV Inc. /FL

General Rule. Subject to Section 8, any Restricted Stock Units that vest will be paid to Participant (or in the event of Participant’s death, to his or her properly designated beneficiary or estate) in whole Shares. Subject to the provisions of this Section 4(b)4 and Section 9, such vested Restricted Stock Units shall be paid in whole Shares as soon as administratively practicable after vesting, but in each such case within sixty thirty (6030) days following the vesting datedate (such payment date being the “Settlement Date”). In no event will Participant be permitted, directly or indirectly, to specify the taxable year of payment of any Restricted Stock Units payable under this Award Agreement.

Appears in 3 contracts

Samples: Option Agreement (Micron Technology Inc), Restricted Stock Unit Agreement (Micron Technology Inc), Restricted Stock Agreement (Micron Technology Inc)

General Rule. Subject to Section 87, any Restricted Stock Units that vest will be paid to Participant (or in the event of Participant’s death, to his or her properly and validly designated beneficiary or estate) in whole Shares. Subject to the provisions of Section 4(b4(c), such vested Restricted Stock Units shall be paid in whole Shares as soon as practicable after vesting, but in each such case within sixty (60) days following the vesting date. In no event will Participant be permitted, directly or indirectly, to specify the taxable year of payment of any Restricted Stock Units payable under this Award Agreement.

Appears in 3 contracts

Samples: Restricted Stock Unit Agreement (Paymentus Holdings, Inc.), Restricted Stock Unit Agreement (Paymentus Holdings, Inc.), Restricted Stock Unit Agreement (Paymentus Holdings, Inc.)

General Rule. Subject to Section 87, any Restricted Stock Units that vest will be paid to Participant (or in the event of Participant’s death, to his or her properly designated beneficiary or estate) in whole Shares. Subject to the provisions of Section 4(b4(c), such vested Restricted Stock Units shall be paid in whole Shares as soon as practicable after vesting, but in each such case within sixty (60) 60 days following the vesting date. In no event will Participant be permitted, directly or indirectly, to specify the taxable year of payment of any Restricted Stock Units payable under this Award Agreement.

Appears in 3 contracts

Samples: Restricted Stock Unit Agreement (Solid Power, Inc.), Restricted Stock Unit Agreement (Solid Power, Inc.), Restricted Stock Unit Agreement (Solid Power, Inc.)

General Rule. Subject to Section 87, any Restricted Stock Units that vest will be paid to Participant (or in the event of Participant’s death, to his or her properly designated beneficiary or estate) in whole Shares. Subject to the provisions of Section 4(b4(c), such vested Restricted Stock Units shall be paid in whole Shares as soon as practicable after vesting, but in each such case within sixty (60) days following the vesting date. In no event will Participant be permitted, directly or indirectly, to specify the taxable year of payment of any Restricted Stock Units payable under this Award Agreement.

Appears in 3 contracts

Samples: Restricted Stock Unit Agreement (Athira Pharma, Inc.), Restricted Stock Unit Agreement (BlackSky Technology Inc.), Restricted Stock Unit Agreement (ARYA Sciences Acquisition Corp III)

General Rule. Subject to Section 87, any Restricted Stock Units that vest will be paid to Participant Grantee (or in the event of ParticipantXxxxxxx’s death, to his or her properly designated beneficiary or estate) in whole Shares. Subject to the provisions of Section 4(b4(c), such vested Restricted Stock Units shall be paid in whole Shares as soon as practicable after vesting, but in each such case within sixty (60) days following the vesting date. In no event will Participant Grantee be permitted, directly or indirectly, to specify the taxable year of payment of any Restricted Stock Units payable under this Award Agreement.

Appears in 3 contracts

Samples: Restricted Stock Unit Agreement (Bakkt Holdings, Inc.), Restricted Stock Unit Agreement (Bakkt Holdings, Inc.), Restricted Stock Unit Agreement (Bakkt Holdings, Inc.)

General Rule. Subject to Section 87, any Restricted Stock Units that vest will be paid to Participant (or in the event of Participant’s death, to his or her Participant’s properly designated beneficiary or estate) in whole Shares. Subject to the provisions of Section 4(b4(c), such vested Restricted Stock Units shall be paid in whole Shares as soon as practicable after vesting, but in each such case within sixty (60) days following the vesting date. In no event will Participant be permitted, directly or indirectly, to specify the taxable year of payment of any Restricted Stock Units payable under this Award Agreement.

Appears in 3 contracts

Samples: Restricted Stock Unit Agreement (Vocodia Holdings Corp), Restricted Stock Unit Agreement (Microvision, Inc.), Restricted Stock Unit Agreement (Nuburu, Inc.)

General Rule. Subject to Section 8, any Restricted Stock Units that vest will be paid to Participant (or in the event of Participant’s death, to his or her properly designated beneficiary or estate) in whole Shares. Subject to the provisions of this Section 4(b)4, such vested Restricted Stock Units shall be paid in whole Shares as soon as practicable after vesting, but in each such case within sixty (60) days following the vesting date. In no event will Participant be permitted, directly or indirectly, to specify the taxable year of payment of any Restricted Stock Units payable under this Award Agreement.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Pacific Biosciences of California, Inc.), Pacific Biosciences of California, Inc.

General Rule. Subject to Section 87, any Restricted Stock Units that vest will be paid to Participant (or in the event of Participant’s death, to his or her properly designated beneficiary or estate) in whole Shares. Subject to the provisions of Section 4(b), such vested Restricted Stock Units shall be paid in whole Shares as soon as practicable after vesting, but in each such case within sixty (60) days following the vesting date. In no event will Participant be permitted, directly or indirectly, to specify the taxable year of payment of any Restricted Stock Units payable under this Award Agreement.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Meta Materials Inc.), Restricted Stock Unit Agreement (Aadi Bioscience, Inc.)

General Rule. Subject to Section 87, any Restricted Stock Units that vest will be paid to Participant Grantee (or in the event of ParticipantXxxxxxx’s death, to his or her properly designated beneficiary or estate) in whole Shares. Subject to the provisions of Section 4(b4(c), such vested Restricted Stock Units shall be paid in whole Shares as soon as practicable after vesting, but in each such case within sixty (60) days following the vesting date. In no event will Participant Grantee be permitted, directly or indirectly, to specify the taxable year of payment of any Restricted Stock Units payable under this Award Agreement.. (b)

Appears in 2 contracts

Samples: Award Agreement (Bakkt Holdings, Inc.), Award Agreement (Bakkt Holdings, Inc.)

General Rule. Subject to Section 87, any Restricted Stock Units that vest will be paid to Participant (or in the event of Participant’s death, to his or her properly designated beneficiary or estate) in whole Shares. Subject to the provisions of Section 4(b2 and Section 4(c), such vested Restricted Stock Units shall be paid in whole Shares as soon as practicable after vesting, but in each such case within sixty (60) days following the vesting date. In no event will Participant be permitted, directly or indirectly, to specify the taxable year of payment of any Restricted Stock Units payable under this Award Agreement.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (NetApp, Inc.), Restricted Stock Unit Agreement (NetApp, Inc.)

General Rule. Subject to Section 87, any Restricted Stock Units that vest will be paid to Participant (or in the event of Participant’s death, to his or her properly designated beneficiary or estate) in whole Shares. Subject to the provisions of Section 4(b4(c), such vested Restricted Stock Units shall be paid in whole Shares as soon as practicable after vesting, but in each such case within sixty (60) days following the vesting date. In no event will Participant be permitted, directly or indirectly, to specify the taxable year of the payment of any Restricted Stock Units payable under this Award Agreement.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Ambarella Inc), Restricted Stock Unit Agreement (Ambarella Inc)

General Rule. Subject to Section 8, any Restricted Stock Units that vest will be paid to Participant (or in the event of Participant’s death, to his or her properly designated beneficiary beneficiary, to the extent permitted by the Company in accordance with applicable laws, or estate) in whole Shares. Subject to the provisions of Section 4(b), such vested Restricted Stock Units shall be paid in whole Shares as soon as practicable after vesting, but in each such case within sixty (60) days following the vesting date. In no event will Participant be permitted, directly or indirectly, to specify the taxable year of payment of any Restricted Stock Units payable under this Award Agreement.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Lyft, Inc.)

General Rule. Subject to Section 87, any Restricted Stock Units that vest will be paid to Participant (or in the event of Participant’s death, to his or her properly designated beneficiary or estate) in whole Shares. Subject to the provisions of Section 4(b2 Section 4(c), such vested Restricted Stock Units shall be paid in whole Shares as soon as practicable after vesting, but in each such case within sixty (60) days following the vesting date. In no event will Participant be permitted, directly or indirectly, to specify the taxable year of payment of any Restricted Stock Units payable under this Award Agreement.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (NetApp, Inc.)

General Rule. Subject to Section 87, any Restricted Stock Units that vest will be paid to Participant (or in the event of Participant’s death, to his or her properly designated beneficiary or estate) in whole Shares. Subject to the provisions of Section 4(b), such vested Restricted Stock Units shall will be paid in whole Shares as soon as practicable after vesting, but in each such case within sixty (60) days following the vesting date. In no event will Participant be permitted, directly or indirectly, to specify the taxable year of payment of any Restricted Stock Units payable under this Award RSU Agreement.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (QuantumScape Corp)

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General Rule. Subject to Section 89, any Restricted Stock Units that vest will be paid to Participant (or in the event of Participant’s death, to his or her properly designated beneficiary or estate) in whole Shares. Subject to the provisions of Section 4(b6(c), such vested Restricted Stock Units shall will be paid in whole Shares as soon as practicable after vesting, but in each such case within no later than sixty (60) days following the vesting date. In no event will Participant be permitted, directly or indirectly, to specify the taxable year of payment of any Restricted Stock Units payable under this Award Agreement.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (BlackSky Technology Inc.)

General Rule. Subject to Section 8, any Restricted Stock Units that vest will be paid to Participant (or in the event of Participant’s death, to his or her properly designated beneficiary or estate) in cash or in whole Shares. Subject to the provisions of Section 4(b4(ii), such vested Restricted Stock Units shall will be paid paid, in the Administrator’s option in cash or in whole Shares as soon as practicable after vesting, but in each such case within sixty thirty (6030) days following the vesting date. In no event will Participant be permitted, directly or indirectly, to specify the taxable year or the form of any payment of any Restricted Stock Units payable under this Award Agreement.

Appears in 1 contract

Samples: Equity Incentive Plan Restricted Stock Unit Agreement (ClearSign Technologies Corp)

General Rule. Subject to Section 89, any Restricted Stock Units that vest will be paid to Participant (or in the event of Participant’s death, to his or her properly designated beneficiary or estate) in whole Shares. Subject to the provisions of Section 4(b), such vested Restricted Stock Units shall be paid in whole Shares as soon as practicable after vesting, but in each such case within sixty (60) days following the vesting date. In no event will Participant be permitted, directly or indirectly, to specify the taxable year of payment of any Restricted Stock Units payable under this Award Agreement.

Appears in 1 contract

Samples: Realnetworks Inc

General Rule. Subject to Section 8‎8, any Restricted Stock Units that vest will be paid settled to Participant (or in the event of Participant’s death, to his or her properly designated beneficiary or estate) in whole Shares. Subject to the provisions of Section 4(b4‎(b), such vested Restricted Stock Units shall be paid settled in whole Shares as soon as practicable after vesting, but in each such case within sixty (60) days following the vesting date. In no event will Participant be permitted, directly or indirectly, to specify the taxable year of payment of any Restricted Stock Units payable under this Award Agreement.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (CrowdStrike Holdings, Inc.)

General Rule. Subject to Section 8, any Restricted Stock Units that vest will be paid to Participant (or in the event of Participant’s death, to his or her properly designated beneficiary or estate) in whole Shares. Subject to the provisions of Section 4(b), such vested Restricted Stock Units shall be paid in whole Shares as soon as practicable after vesting, but in each such case within sixty (60) days following the vesting date. In no event will Participant be permitted, directly or indirectly, to specify the taxable year of payment of any Restricted Stock Units payable under this Award RSU Agreement.

Appears in 1 contract

Samples: Alpine Immune Sciences (Alpine Immune Sciences, Inc.)

General Rule. Subject to Section 8, any Restricted Stock Units that vest will be paid settled to Participant (or in the event of Participant’s death, to his or her properly designated beneficiary or estate) in whole Shares. Subject to the provisions of Section 4(b), such vested Restricted Stock Units shall be paid settled in whole Shares as soon as practicable after vesting, but in each such case within sixty (60) days following the vesting date. In no event will Participant be permitted, directly or indirectly, to specify the taxable year of payment of any Restricted Stock Units payable under this Award Agreement.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (CrowdStrike Holdings, Inc.)

General Rule. Subject to Section 810, any Restricted Stock Units that vest will be paid to Participant (or in the event of Participant’s death, to his or her properly designated beneficiary or estate) in whole Shares. Subject to the provisions of Section 4(b6(b), such vested Restricted Stock Units shall be paid in whole Shares as soon as practicable after vesting, but in each such case within sixty (60) days following the vesting date. In no event will Participant be permitted, directly or indirectly, to specify the taxable year of payment of any Restricted Stock Units payable under this Award Agreement.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Arcellx, Inc.)

General Rule. Subject to Section 812, any Restricted Stock Units that vest will be paid to the Participant (or in the event of the Participant’s death, to his or her properly designated beneficiary or estate) in whole Shares. Subject to the provisions of Section 4(b6(b), such vested Restricted Stock Units shall be paid in whole Shares as soon as practicable after vesting, but in each such case within sixty (60) days following the vesting date. In no event will the Participant be permitted, directly or indirectly, to specify the taxable year of payment of any Restricted Stock Units payable under this Award Agreement.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Woodward, Inc.)

General Rule. Subject to Section 8, any Restricted Stock Units that vest will be paid to Participant (or in the event of Participant’s death, to his or her properly designated beneficiary or estate) in whole Shares. Subject to the provisions of this Section 4(b)4, such vested Restricted Stock Units shall be paid in whole Shares as soon as practicable after vesting, but in each such case within sixty (60) days following the vesting date. In no event will Participant be permitted, directly or indirectly, to specify the taxable year of payment of any Restricted Stock Units payable under this Award Agreement.. (b)

Appears in 1 contract

Samples: Pacific Biosciences of California, Inc.

General Rule. Subject to Section 87, any Restricted Stock Units that vest will be paid to Participant (or in the event of Participant’s death, to his or her properly designated beneficiary or estate) in whole SharesShares or in cash as determined by the Administrator. Subject to the provisions of Section 4(b4(c), such vested Restricted Stock Units shall be paid in whole Shares or cash as soon as practicable after vesting, but in each such case within sixty (60) days following the vesting date. In no event will Participant be permitted, directly or indirectly, to specify the taxable year of payment of any Restricted Stock Units payable under this Award Agreement.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (La Rosa Holdings Corp.)

General Rule. Subject to Section 8, any Restricted Stock Units that vest will be paid to Participant (or in the event of Participant’s death, to his or her properly designated beneficiary or estate) in whole Shares. Subject to the provisions of Section 4(b4(ii), such vested Restricted Stock Units shall will be paid in whole Shares as soon as practicable after vesting, but in each such case within sixty (60) days following the vesting date. In no event will Participant be permitted, directly or indirectly, to specify the taxable year of payment of any Restricted Stock Units payable under this Award Agreement.

Appears in 1 contract

Samples: 2023 Equity Incentive Plan Restricted Stock Unit Agreement (CXApp Inc.)

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