Common use of Issuance of Award Shares Clause in Contracts

Issuance of Award Shares. As soon as practicable after each date as of which Award Shares subject to this RSU Award become vested pursuant to Section 1 of this Agreement, Toro shall issue and deliver to you in book-entry or certificate form such number of Award Shares or issue and deposit such number of Award Shares for your benefit with any broker with which you have an account relationship or Toro has engaged to provide such services under the Plan.

Appears in 3 contracts

Samples: Restricted Stock Unit Award Agreement (Toro Co), Restricted Stock Unit Award Agreement (Toro Co), Restricted Stock Unit Award Agreement (Toro Co)

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Issuance of Award Shares. As soon as practicable after each [the/each] date as of which Award Shares subject to this RSU Award become vested pursuant to Section 1 of this Agreement, Toro shall direct its transfer agent to issue and deliver to you in book-entry or certificate form such number of Award Shares in your name or a nominee in book entry or to issue and deposit one or more physical stock certificates representing such number of Award Shares for in your benefit with any broker with which you have an account relationship or Toro has engaged to provide such services under the Planname.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Toro Co)

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