Common use of Settlement of Vested Restricted Stock Units Clause in Contracts

Settlement of Vested Restricted Stock Units. As soon as administratively practicable following any vesting date, the Company shall distribute to you, in full settlement of all Restricted Stock Units in your Account that vested on such vesting date, one share of Common Stock for each Restricted Stock Unit. For purposes of such settlement, the number of Restricted Stock Units will be rounded to the nearest whole Restricted Stock Unit, with any fractional Restricted Stock Unit less than 0.5 disregarded.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Nash Finch Co), Restricted Stock Unit Award Agreement (Nash Finch Co)

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Settlement of Vested Restricted Stock Units. As soon as administratively practicable Within ninety (90) days following any vesting date, the Company shall distribute to you, in full settlement of all Restricted Stock Units in your Account that vested on such vesting date, one share of Common Stock for each Restricted Stock Unit. For purposes of such settlement, the number of Restricted Stock Units will be rounded to the nearest whole Restricted Stock Unit, with any fractional Restricted Stock Unit less than 0.5 disregarded.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Nash Finch Co)

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Settlement of Vested Restricted Stock Units. As soon as administratively practicable following any vesting date, the Company shall distribute to you, in full settlement of all Restricted Stock Units in the your Account that vested on such vesting date, one share of Common Stock for each Restricted Stock Unit. For purposes of such settlement, the number of Restricted Stock Units will be rounded to the nearest whole Restricted Stock Unit, with any fractional Restricted Stock Unit less than 0.5 disregarded.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Nash Finch Co)

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