Settlement of Units for Shares. Except as provided in Section 4 and subject to Section 7 of this Agreement, the Company shall deliver to the Participant on the Delivery Date one Share for each Performance Stock Unit subject to this Award that vests pursuant to Section 3(a). The Company shall not have any obligation to settle this Award for cash.
Appears in 7 contracts
Samples: Smith & Wesson Brands, Inc., American Outdoor Brands, Inc., Smith & Wesson Brands, Inc.
Settlement of Units for Shares. Except as provided in Section 4 and subject to Section 7 of this Agreement, the The Company shall deliver to the Participant on the Delivery Date one Share for each Performance Restricted Stock Unit subject to this Award that vests pursuant to Section 3(a)on the applicable Delivery Date. The Company shall not have any obligation to settle this Award for cash.
Appears in 5 contracts
Samples: American Outdoor Brands, Inc., American Outdoor Brands, Inc., American Outdoor Brands, Inc.
Settlement of Units for Shares. Except as provided in Section 4 and subject to Section 7 of this Agreement, the The Company shall deliver to the Participant on the Delivery Date one Share for each Performance Stock Unit subject to this Award that vests pursuant to Section 3(a). The Company shall not have any obligation to settle this Award for cash.
Appears in 1 contract
Samples: Smith & Wesson Holding Corp
