Common use of Settlement of the Award Clause in Contracts

Settlement of the Award. Upon vesting as provided in Section 3 or Section 6 herein, the RSU Award will be settled by delivery of one share of Common Stock, for each RSU being settled. Such settlement shall occur within thirty (30) days following the Vesting Date.

Appears in 2 contracts

Samples: Restricted Stock Units (International Flavors & Fragrances Inc), Rsu Award Agreement (International Flavors & Fragrances Inc)

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Settlement of the Award. Upon vesting as provided in Section 3 or Section 6 herein, the RSU Award will be settled by delivery of one share of Common Stock, Stock for each RSU being settled. Such settlement shall occur within thirty (30) days following the Vesting Date.

Appears in 2 contracts

Samples: Rsu Award Agreement (International Flavors & Fragrances Inc), Rsu Award Agreement (International Flavors & Fragrances Inc)

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