Common use of Payment of Shares and Dividend Equivalents Clause in Contracts

Payment of Shares and Dividend Equivalents. (a) The payment date for all Shares in which a Participant becomes vested pursuant to Subparagraph 4(b) above, and Dividend Equivalents in which the Participant becomes vested pursuant to Subparagraph 4(i), shall be the Maturity Date.

Appears in 11 contracts

Samples: Restricted Stock Unit Agreement (Williams Companies, Inc.), Restricted Stock Unit Agreement (Williams Companies, Inc.), Restricted Stock Unit Agreement (Williams Companies, Inc.)

AutoNDA by SimpleDocs

Payment of Shares and Dividend Equivalents. (a) The payment date for all Shares in which a Participant becomes vested pursuant to Subparagraph 4(b) above, and Dividend Equivalents in which the Participant becomes vested pursuant to Subparagraph 4(i), shall be the thirtieth (30th) day following the Maturity Date.

Appears in 4 contracts

Samples: Restricted Stock Unit Agreement (Williams Companies Inc), Restricted Stock Unit Agreement (Williams Companies Inc), Restricted Stock Unit Agreement (Williams Companies Inc)

AutoNDA by SimpleDocs

Payment of Shares and Dividend Equivalents. (a) The payment date for all Shares in which a Participant becomes vested pursuant to Subparagraph 4(b) above, and Dividend Equivalents in which the Participant becomes vested pursuant to Subparagraph 4(i), shall be the applicable Maturity DateDate on which the Shares vest.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Williams Companies, Inc.), Restricted Stock Unit Agreement (Williams Companies, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.