Common use of Payment of Restricted Stock Units Clause in Contracts

Payment of Restricted Stock Units. (a) Except as provided in Section 4(b) below, payment of vested Restricted Stock Units shall be made to Grantee within 60 days following the date the units become vested in accordance with Section 2, except to the extent deferred by Grantee in accordance with procedures as the Committee, or its delegate, may prescribe from time to time.

Appears in 5 contracts

Samples: Restricted Stock Unit Award Agreement (Duke Energy Florida, Llc.), Restricted Stock Unit Award Agreement (Duke Energy CORP), Restricted Stock Unit Award Agreement (Duke Energy Florida, Llc.)

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