Common use of Manner of Settlement Clause in Contracts

Manner of Settlement. The Company may make delivery of Common Shares in settlement of Awarded Units by either delivering certificates representing such Common Shares to the Participant (if requested by the Participant in accordance with Section 6.3(a) of the Plan and the Company has elected, in its sole discretion, to issue certificates (as opposed to electronic book entry form with respect to its Common Shares)) or by registering the Common Shares in the Participant’s name. In no event will the Company issue fractional Common Shares.

Appears in 8 contracts

Samples: Restricted Share Unit Award Agreement (Physicians Realty Trust), Performance Based Restricted Share Unit Award Agreement (Physicians Realty Trust), Restricted Share Unit Award Agreement (Physicians Realty Trust)

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Manner of Settlement. The Company may make delivery of Common Shares in settlement of Awarded Units by either delivering certificates representing such Common Shares to the Participant (if requested by the Participant in accordance with Section 6.3(a) of the Plan and the Company has elected, in its sole discretion, to issue certificates (as opposed to electronic book entry form with respect to its Common Shares)) or by registering the Common Shares in the Participant’s name. In no event will the Company issue fractional Common Shares.. c.

Appears in 1 contract

Samples: Restricted Share Unit Award Agreement (Physicians Realty Trust)

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