Common use of Vesting and Delivery of Vested Securities Clause in Contracts

Vesting and Delivery of Vested Securities. a) Subject to the terms and provisions of the Plan and this Agreement (including the Separation from Service Addendum), no later than 60 days after each Vesting Date with respect to the Award, the Company shall issue or transfer to the Grantee the number of Shares corresponding to such Vesting Date and the Retained Distributions, to the extent payable under Section 3, covered by that portion of the Award. Except as otherwise provided in Section 5, the vesting of such RSUs and any Retained Distributions relating thereto shall occur only if the Grantee’s Employment has continued from the Date of Grant through the Vesting Date.

Appears in 3 contracts

Samples: Restricted Stock Units Agreement (Time Inc.), Restricted Stock Units Agreement (Time Inc.), Restricted Stock Units Agreement (Time Inc.)

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Vesting and Delivery of Vested Securities. a) Subject to the terms and provisions of the Plan and this Agreement (including the Separation from Service Addendum)Agreement, no later than 60 days after each the Vesting Date with respect to the Award, the Company shall issue or transfer to the Grantee Non-Employee Director the number of Shares corresponding to such Vesting Date and the Retained Distributions, to the extent payable under Section 3if any, covered by that portion of the Award. Except as otherwise provided in Section paragraphs 5, 6 and 7, the vesting of such RSUs and any Retained Distributions relating thereto shall occur only if the Grantee’s Employment Non-Employee Director has continued from to serve as a director of the Company on the Vesting Date and has continuously so served since the Date of Grant through (as defined in the Vesting DateNotice).

Appears in 3 contracts

Samples: Restricted Stock Units Agreement (Time Warner Inc.), Restricted Stock Units Agreement (Time Warner Inc.), Restricted Stock Units Agreement (Time Warner Inc.)

Vesting and Delivery of Vested Securities. a) Subject to the terms and provisions of the Plan and this Agreement (including the Separation from Service Addendum)Agreement, no later than 60 days after each Vesting Date with respect to the Award, the Company shall issue or transfer to the Grantee Participant the number of Shares corresponding to such Vesting Date and the Retained Distributions, to the extent payable under Section 3if any, covered by that portion of the Award. Except as otherwise provided in Section 5paragraphs 6 and 7, the vesting of such RSUs and any Retained Distributions relating thereto shall occur only if the Grantee’s Employment Participant has continued from in Employment of the Company or any of its Affiliates on the Vesting Date and has continuously been so employed since the Date of Grant through (as defined in the Vesting DateNotice).

Appears in 2 contracts

Samples: General Rsu Agreement (Time Warner Inc), Time Warner Inc

Vesting and Delivery of Vested Securities. a) Subject to the terms and provisions of the Plan and this Agreement (including the Separation from Service Addendum)Agreement, no later than 60 30 days after each Vesting Date with respect to the Award, the Company shall issue or transfer to the Grantee Participant the number of Shares corresponding to such Vesting Date and the Retained Distributions, to the extent payable under Section 3if any, covered by that portion of the Award. Except as otherwise provided in Section paragraphs 5, 6 and 7, the vesting of such RSUs and any Retained Distributions relating thereto shall occur only if the Grantee’s Employment Participant has continued from in Employment of the Company or any of its Affiliates on the Vesting Date and has continuously been so employed since the Date of Grant through (as defined in the Vesting DateNotice).

Appears in 2 contracts

Samples: Restricted Stock Units Agreement (AOL Inc.), Restricted Stock Units Agreement (AOL Inc.)

Vesting and Delivery of Vested Securities. a) Subject to the terms and provisions of the Plan and this Agreement (including the Separation from Service Addendum)Agreement, no later than 60 days after each Vesting Date with respect to the Award, the Company shall issue or transfer to the Grantee Participant the number of Shares corresponding to such Vesting Date and the Retained Distributions, to the extent payable under Section 3if any, covered by that portion of the Award. Except as otherwise provided in Section paragraphs 5, 6 and 7, the vesting of such RSUs and any Retained Distributions relating thereto shall occur only if the Grantee’s Employment Participant has continued from in Employment of the Company or any of its Affiliates on the Vesting Date and has continuously been so employed since the Date of Grant through (as defined in the Vesting DateNotice).

Appears in 2 contracts

Samples: Restricted Stock Units Agreement (AOL Inc.), Restricted Stock Units Agreement (AOL Inc.)

Vesting and Delivery of Vested Securities. a) Subject to the terms and provisions of the Plan and this Agreement (including the Separation from Service Addendum)Agreement, no later than 60 days after each Vesting Date with respect to the Award, the Company shall issue or transfer to the Grantee the number of Shares corresponding to such Vesting Date and the Retained Distributions, to the extent payable under Section 3, covered by that portion of the Award. Except as otherwise provided in Section 5, the vesting of such RSUs and any Retained Distributions relating thereto shall occur only if the Grantee’s Employment has continued from the Date of Grant through the Vesting Date.

Appears in 1 contract

Samples: Restricted Stock Units Agreement (Time Inc.)

Vesting and Delivery of Vested Securities. a) Subject to the terms and provisions of the Plan and this Agreement (including the Separation from Service Addendum)Agreement, no later than 60 days after each Vesting Date with respect to the Award, the Company shall issue or transfer to the Grantee Non-Employee Director the number of Shares corresponding to such Vesting Date and the Retained Distributions, to the extent payable under Section 3if any, covered by that portion of the Award. Except as otherwise provided in Section paragraphs 5, 6 and 7, the vesting of such RSUs and any Retained Distributions relating thereto shall occur only if the Grantee’s Employment Non-Employee Director has continued from to serve as a director of the Company on the Vesting Date and has continuously so served since the Date of Grant through (as defined in the Vesting DateNotice).

Appears in 1 contract

Samples: Restricted Stock Units Agreement (Time Warner Inc.)

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Vesting and Delivery of Vested Securities. a) Subject to the terms and provisions of the Plan and this Agreement (including the Separation from Service Addendum)Agreement, no later than 60 days after each Vesting Date with respect to the Award, the Company shall issue or transfer to the Grantee Participant the number of Shares corresponding to such Vesting Date and the Retained Distributions, to the extent payable under Section 3if any, covered by that portion of the Award. Except as otherwise provided in Section paragraph 5, the vesting of such RSUs and any Retained Distributions relating thereto shall occur only if the Grantee’s Employment Participant has continued from in Employment of Time Inc. or any of its Affiliates on the Vesting Date and has continuously been so employed since the Date of Grant through (as defined in the Vesting DateNotice).

Appears in 1 contract

Samples: Restricted Stock Units Agreement (Time Inc.)

Vesting and Delivery of Vested Securities. a) Subject to the terms and provisions of the Plan and this Agreement (including the Separation from Service Addendum)Agreement, no later than 60 days after each Vesting Date with respect to the Award, the Company shall issue or transfer to the Grantee Participant the number of Shares corresponding to such Vesting Date and the Retained Distributions, to the extent payable under Section 3if any, covered by that portion of the Award. Except as otherwise provided in Section 5paragraphs 5 and 6, the vesting of such RSUs and any Retained Distributions relating thereto shall occur only if the Grantee’s Employment Participant has continued from in Employment of the Company or any of its Affiliates on the Vesting Date and has continuously been so employed since the Date of Grant through (as defined in the Vesting DateNotice).

Appears in 1 contract

Samples: Rsu Agreement (Time Warner Inc)

Vesting and Delivery of Vested Securities. a) Subject to the terms and provisions of the Plan and this Agreement (including the Separation from Service Addendum)Agreement, no later than 60 days after each Vesting Date with respect to the Award, the Company shall issue or transfer to the Grantee Participant the number of Shares corresponding to such Vesting Date and the Retained Distributions, to the extent payable under Section 3if any, covered by that portion of the Award. Except as otherwise provided in Section paragraphs 5, 6 and 7, the vesting of such RSUs and any Retained Distributions relating thereto shall occur only if the Grantee’s Employment Participant has continued from in Employment of the Company or any of its Affiliates on the Vesting Date and has continuously been so employed since the Date of Grant through Xxxxx (as defined in the Vesting DateNotice).

Appears in 1 contract

Samples: Restricted Stock Units Agreement (Time Warner Inc.)

Vesting and Delivery of Vested Securities. a) Subject to the terms and provisions of the Plan and this Agreement (including the Separation from Service Addendum)Agreement, no later than 60 days after each Vesting Date with respect to the Award, the Company shall issue or transfer to the Grantee Participant the number of Shares corresponding to such Vesting Date and the Retained Distributions, to the extent payable under Section 3if any, covered by that portion of the Award. Except as otherwise provided in Section 5paragraphs 6 and 7, the vesting of such RSUs and any Retained Distributions relating thereto shall occur only if the Grantee’s Employment Participant has continued from in Employment of the Company or any of its Affiliates on the Vesting Date and has continuously been so employed since the Date of Grant through (as defined in the Vesting DateNotice).

Appears in 1 contract

Samples: Restricted Stock Units Agreement (Time Warner Inc)

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