Common use of Issuance of Stock Clause in Contracts

Issuance of Stock. No Stock will be issued to the Participant prior to the date on which the RSUs vest. After any RSUs vest and subject to the terms of this Agreement, including without limitation Section 6 hereof, the Company will cause to be issued (either in book-entry form or otherwise) to the Participant or the Participant’s beneficiaries, as the case may be, that number of shares of Stock corresponding to the number of such vested RSUs as soon as administratively practicable following vesting, but in no event will the issuance of such shares be made subsequent to March 15th of the year following the year in which the shares vested. No fractional shares of Stock will be issued under this Agreement. Notwithstanding any provision in the Plan to the contrary, the RSUs will be settled only in shares of Stock.

Appears in 7 contracts

Samples: Equity and Incentive Plan (Vmware, Inc.), Restricted Stock Unit Agreement (Vmware, Inc.), Equity and Incentive Plan (Vmware, Inc.)

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Issuance of Stock. No Stock will be issued to the Participant prior to the date on which the RSUs PSUs vest. After any RSUs PSUs vest and subject to the terms of this Agreement, including without limitation Section 6 8 hereof, the Company will cause to be issued (either in book-entry form or otherwise) to the Participant or the Participant’s beneficiaries, as the case may be, that number of shares of Stock corresponding to the number of such vested RSUs PSUs as soon as administratively practicable following vesting, but in no event will the issuance of such shares be made subsequent to March 15th of the year following the year in which the shares vested. No fractional shares of Stock will be issued under this Agreement. Notwithstanding any provision in the Plan to the contrarycontrary and subject only to changes in Stock, as set forth in Section 9 hereof, the RSUs PSUs will be settled only in shares of Stock.

Appears in 3 contracts

Samples: Performance Stock Unit Agreement (Vmware, Inc.), Stock Unit Agreement (Vmware, Inc.), Equity and Incentive Plan (Vmware, Inc.)

Issuance of Stock. No Stock will be issued to the Participant prior to the date on which the RSUs PSUs vest. After any RSUs PSUs vest and subject to the terms of this Agreement, including without limitation Section 6 7 hereof, the Company will cause to be issued (either in book-entry form or otherwise) to the Participant or the Participant’s beneficiaries, as the case may be, that number of shares of Stock corresponding to the number of such vested RSUs PSUs as soon as administratively practicable following vesting, but in no event will the issuance of such shares be made subsequent to March 15th of the year following the year in which the shares vested. No fractional shares of Stock will be issued under this Agreement. Notwithstanding any provision in the Plan to the contrarycontrary and subject only to a Change in Control, as set forth in Section 4 hereof, the RSUs PSUs will be settled only in shares of Stock.

Appears in 2 contracts

Samples: Equity and Incentive Plan (Vmware, Inc.), Psu Agreement (Vmware, Inc.)

Issuance of Stock. No Stock will shall be issued to the Participant prior to the date on which the RSUs vest. After any RSUs vest and subject to the terms of this Agreement, including without limitation Section 6 7 hereof, the Company will shall cause to be issued (either in book-entry form or otherwise) to the Participant or the Participant’s beneficiaries, as the case may be, that number of shares of Stock corresponding to the number of such vested RSUs as soon as administratively practicable following vesting, but in no event will shall the issuance of such shares be made subsequent to March 15th of the year following the year in which the shares vested. No fractional shares of Stock will shall be issued under this Agreement. Notwithstanding any provision in the Plan to the contrary, the RSUs will shall be settled only in shares of Stock.

Appears in 2 contracts

Samples: Equity and Incentive Plan (Vmware, Inc.), Vmware, Inc.

Issuance of Stock. No Stock will shall be issued to the Participant prior to the date on which the RSUs vest. After any RSUs vest and subject to the terms of this Agreement, including without limitation Section 6 hereof, the Company will shall cause to be issued (either in book-entry form or otherwise) to the Participant or the Participant’s beneficiaries, as the case may be, that number of shares of Stock corresponding to the number of such vested RSUs as soon as administratively practicable following vesting, but in no event will shall the issuance of such shares be made subsequent to March 15th of the year following the year in which the shares vested. No fractional shares of Stock will shall be issued under this Agreement. Notwithstanding any provision in the Plan to the contrary, the RSUs will shall be settled only in shares of Stock.

Appears in 2 contracts

Samples: Equity and Incentive Plan (Vmware, Inc.), Vmware, Inc.

Issuance of Stock. No Stock will be issued to the Participant prior to the date on which the RSUs PSUs vest. After any RSUs PSUs vest and subject to the terms of this Agreement, including without limitation Section 6 7 hereof, the Company will cause to be issued (either in book-entry form or otherwise) to the Participant or the Participant’s beneficiaries, as the case may be, that number of shares of Stock corresponding to the number of such vested RSUs PSUs as soon as administratively practicable following vesting, but in no event will the issuance of such shares be made subsequent to March 15th of the year following the year in which the shares vested. No fractional shares of Stock will be issued under this Agreement. Notwithstanding any provision in the Plan to the contrarycontrary and subject only to changes in Stock, as set forth in Section 8 hereof, the RSUs PSUs will be settled only in shares of Stock.

Appears in 2 contracts

Samples: Equity and Incentive Plan (Vmware, Inc.), Equity and Incentive Plan (Vmware, Inc.)

Issuance of Stock. No Stock will be issued to the Participant prior to the date on which the RSUs vest. After any RSUs vest and subject to the terms of this Agreement, including without limitation Section 6 [6] [“Death of Participant”] hereof, the Company will cause to be issued (either in book-entry form or otherwise) to the Participant or the Participant’s beneficiaries, as the case may be, that number of shares of Stock corresponding to the number of such vested RSUs as soon as administratively practicable following vesting, but in no event will the issuance of such shares be made subsequent to March 15th of the year following the year in which the shares vested. No fractional shares of Stock will be issued under this Agreement. Notwithstanding any provision in the Plan to the contrary, the RSUs will be settled only in shares of Stock. [[#]. Certain Terminations.

Appears in 1 contract

Samples: Equity and Incentive Plan (Vmware, Inc.)

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Issuance of Stock. No Stock will be issued to the Participant prior to the date on which the RSUs vest. After any RSUs vest and subject to the terms of this Agreement, including without limitation Section 6 [6][“Death of Participant”] hereof, the Company will cause to be issued (either in book-entry form or otherwise) to the Participant or the Participant’s beneficiaries, as the case may be, that number of shares of Stock corresponding to the number of such vested RSUs as soon as administratively practicable following vesting, but in no event will the issuance of such shares be made subsequent to March 15th of the year following the year in which the shares vested. No fractional shares of Stock will be issued under this Agreement. Notwithstanding any provision in the Plan to the contrary, the RSUs will be settled only in shares of Stock. [[#]. Certain Terminations.

Appears in 1 contract

Samples: Equity and Incentive Plan (Vmware, Inc.)

Issuance of Stock. No Stock will be issued to the Participant prior to the date on which the RSUs PSUs vest. After any RSUs PSUs vest and subject to the terms of this Agreement, including without limitation Section 6 7 hereof, the Company will cause to be issued (either in book-entry form or otherwise) to the Participant or the Participant’s beneficiaries, as the case may be, that number of shares of Stock corresponding to the number of such vested RSUs PSUs as soon as administratively practicable following vesting, but in no event will the issuance of such shares be made subsequent to March 15th of the year following the year in which the shares vested. No fractional fracional shares of Stock will be issued under this Agreement. Notwithstanding any provision in the Plan to the contrarycontrary and subject only to changes in Stock, as set forth in Section 8 hereof, the RSUs PSUs will be settled only in shares of Stock.

Appears in 1 contract

Samples: Equity and Incentive Plan (Vmware, Inc.)

Issuance of Stock. No Stock will be issued to the Participant prior to the date dates on which the RSUs PSUs vest. After any RSUs PSUs vest and subject to the terms of this Agreement, including without limitation Section 6 7 hereof, the Company will cause to be issued (either in book-entry form or otherwise) to the Participant or the Participant’s beneficiaries, as the case may be, that number of shares of Stock corresponding to the number of such vested RSUs PSUs as soon as administratively practicable following vesting, but in no event will the issuance of such shares be made subsequent to March 15th of the year following the year in which the shares vested. No fractional shares of Stock will be issued under this Agreement. Notwithstanding any provision in the Plan to the contrarycontrary and subject only to changes in Stock, as set forth in Section 8 hereof, the RSUs PSUs will be settled only in shares of Stock.

Appears in 1 contract

Samples: Equity and Incentive Plan (Vmware, Inc.)

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