Common use of Time and Form of Payment Clause in Contracts

Time and Form of Payment. Subject to the provisions of this Grant Agreement and the Plan, as the number of Units vest under paragraph 2 or under paragraph 3 above, as the case may be, the Company will deliver to the Grantee the same number of whole shares of Stock, rounded up or down. Notwithstanding the preceding, the Company must deliver the shares within 15 days of the applicable Vesting Date.

Appears in 2 contracts

Samples: Stock Incentive Plan (On Semiconductor Corp), Restricted Stock Units Award Agreement (On Semiconductor Corp)

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Time and Form of Payment. Subject to the provisions of this Grant Agreement and the Plan, as the number of Units vest under paragraph Section 2 or under paragraph Section 3 above, as the case may be, the Company will deliver to the Grantee the same number of whole shares of Stock, rounded up or down. Notwithstanding the precedingSubject to Section 20 below, the Company must deliver the vested shares (if any) within 15 days of the applicable Vesting Datevesting date.

Appears in 2 contracts

Samples: Stock Incentive Plan (On Semiconductor Corp), Stock Incentive Plan (On Semiconductor Corp)

Time and Form of Payment. Subject to the provisions of this Grant Agreement and the Plan, as the number of Units vest under paragraph Section 2 or under paragraph 3 Section 3, above, as the case may be, the Company will deliver to the Grantee the same number of whole shares of Stock, rounded up or down. Notwithstanding the precedingSubject to Section 20, below, the Company must deliver the vested shares (if any) within 15 days of the applicable Vesting Datevesting date.

Appears in 1 contract

Samples: Stock Incentive Plan (On Semiconductor Corp)

Time and Form of Payment. Subject to the provisions of this Grant the Agreement and the Plan, as the number of Units vest under paragraph 2 or under paragraph 3 3.2 above, as the case may be, the Company will deliver to the Grantee the same number of whole shares of Stock, rounded up or down. Notwithstanding the preceding, the Company must deliver the these shares (if any) within 15 days of the applicable Vesting Date.

Appears in 1 contract

Samples: 2000 Stock Incentive Plan (On Semiconductor Corp)

Time and Form of Payment. Subject to the provisions of this Grant Agreement and the Plan, as the number of Units vest under paragraph Section 2 or under paragraph Section 3 above, as the case may be, the Company will deliver to the Grantee the same number of whole shares of Stock, rounded up or down. Notwithstanding the precedingSubject to Section 20 below, the Company must shall deliver the vested shares of Stock (if any) within 15 days of the applicable Vesting Datevesting date.

Appears in 1 contract

Samples: Stock Incentive Plan Restricted Stock Units Award Agreement (On Semiconductor Corp)

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Time and Form of Payment. Subject to the provisions of this Grant Agreement and the Plan, as the number of Units vest under paragraph 2 or under paragraph 3 above, as the case may be, the Company will deliver to the Grantee the same number of whole shares of Stock, rounded up or down. Notwithstanding the preceding, the Company must deliver the shares within 15 days of the applicable Vesting Datevesting date.

Appears in 1 contract

Samples: Stock Incentive Plan (On Semiconductor Corp)

Time and Form of Payment. Subject to the provisions of this Grant the Agreement and the Plan, as the number of Units vest under paragraph 2 or under paragraph 3 above, as the case may be, the Company will deliver to the Grantee the same number of whole shares of Stock, rounded up or down. Notwithstanding the preceding, the Company must deliver the these shares (if any) within 15 days of the applicable Vesting Datedate of vesting.

Appears in 1 contract

Samples: Stock Incentive Plan (On Semiconductor Corp)

Time and Form of Payment. Subject to the provisions of this Grant Agreement and the Plan, as the number of Units vest under paragraph 2 or under paragraph on the applicable Vesting Dates set forth in Section 3 above, as the case may be, the Company will deliver to the Grantee the same number of whole shares of Stock, rounded up or down. Notwithstanding the precedingSubject to Section 21 below, the Company must shall deliver the vested shares of Stock (if any) within 15 days of the applicable Vesting Date.

Appears in 1 contract

Samples: Stock Incentive Plan (On Semiconductor Corp)

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