Issuance Dates Sample Clauses
Issuance Dates. Each Share in which the Participant vests in accordance with the specified vesting schedule shall be issued on the date (the “Issuance Date”) on which that Share so vests or as soon thereafter as administratively practicable, but in no event later than the close of the calendar year in which such vesting date occurs or (if later) the fifteenth day of the third calendar month following such vesting date. The issuance of the Shares shall be subject to the Company’s collection of any applicable Withholding Taxes and Employer NIC in accordance with the procedures set forth in Paragraph 7 and Paragraph 8, respectively of this Agreement.
Issuance Dates. The Shares subject to the Award Units that vest in accordance with the Vesting Schedule will be issued immediately on the vesting date, or as soon as practicable thereafter, but in no event later than the later of (i) the close of the calendar year in which the Shares vest, or (ii) the fifteenth day of the third calendar month following such vesting date. In no event, however, will any Shares actually be issued to the Grantee unless and until the applicable Withholding Taxes are collected from the Grantee. The procedures pursuant to which the applicable Withholding Taxes are to be collected are set forth in Paragraph 7 of this Agreement. The settlement of all Award Units which vest under this Agreement shall be made solely in shares of Common Stock. In no event, however, shall any fractional shares of Common Stock be issued upon the vesting of Award Units. Accordingly, the total number of Shares to be issued upon vesting of Award Units pursuant to this Agreement shall, to the extent necessary, be rounded down to the next whole share in order to avoid the issuance of a fractional share. Restricted Stock Unit Award Agreement — Employees (January 2012)
Issuance Dates. Each Share in which Participant vests in accordance with the foregoing Vesting Schedule, or under Sections 3(b) or 4, shall be issued on the date (the “Issuance Date”) on which that Share so vests or as soon thereafter as administratively practicable. The issuance of the Shares shall be subject to the Company’s collection of any Applicable Taxes in accordance with the procedures set forth in Section 5 of this Agreement.
Issuance Dates. The RSU Shares underlying vested RSUs shall be issued to you as soon as practicable after vesting, but in no event outside of the short-term deferral period (within the meaning of U.S. Treasury Regulation §1.409A-1(b)(4)).
