Common use of Payment of Restricted Stock Units Clause in Contracts

Payment of Restricted Stock Units. Payment in respect of any Restricted Stock Units that vest in accordance with Section 3 or 4 above shall be made to the Awardee in shares of Common Stock as soon as administratively practicable following the applicable date on which such Restricted Stock Units vest, but in no event later than thirty (30) days after such date, either by delivering one or more certificates for such shares of Common Stock or by entering such shares of Common Stock in book entry form, as determined by the Committee in its sole discretion.

Appears in 4 contracts

Samples: Employee Restricted Stock Unit Award Agreement (Kennedy-Wilson Holdings, Inc.), Employee Restricted Stock Unit Award Agreement (Kennedy-Wilson Holdings, Inc.), Employee Restricted Stock Unit Award Agreement (Kennedy-Wilson Holdings, Inc.)

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Payment of Restricted Stock Units. Payment in respect of any Restricted Stock Units that vest in accordance with Section 3 or 4 above shall be made to the Awardee in shares of Common Stock as soon as administratively practicable following the applicable date on which such Restricted Stock Units vest, but in no event later than thirty (30) days after such date, either by delivering one or more | certificates for such shares of Common Stock or by entering such shares of Common Stock in book entry form, as determined by the Committee in its sole discretion.

Appears in 1 contract

Samples: Employee Restricted Stock Unit Award Agreement (Kennedy-Wilson Holdings, Inc.)

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Payment of Restricted Stock Units. Payment in respect of any Restricted Stock Units that vest in accordance with Section 3 or 4 above shall be made to the Awardee in shares of Common Stock as soon as administratively practicable following the applicable date on which such Restricted Stock Units vest, but in no event later than thirty sixty (3060) days after such date, either by delivering one or more certificates for such shares of Common Stock or by entering such shares of Common Stock in book entry form, as determined by the Committee in its sole discretion.]

Appears in 1 contract

Samples: Employee Restricted Stock Unit Award Agreement (Kennedy-Wilson Holdings, Inc.)

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