Vesting; Delivery of Unit Shares Sample Clauses

Vesting; Delivery of Unit Shares. Subject to earlier vesting and delivery as set forth below, forty percent (40%) (1,200) of the Stock Units vest (i.e., are not subject to forfeiture) and the associated underlying Unit Shares will be delivered on November 16, 2010 and the remaining sixty percent (60%) (1,800) of the Stock Units vest and the associated underlying Unit Shares will be delivered on November 16, 2011.
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Vesting; Delivery of Unit Shares. The Stock Units vest (i.e., are not subject to forfeiture) on the first anniversary of the Grant Date and the underlying Unit Shares shall be delivered to the Participant on November 16, 2009. The Stock Units are subject to earlier vesting and delivery as set forth in Sections 4(a) and 4(c).
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Vesting; Delivery of Unit Shares. The Stock Units vest (i.e., are not subject to forfeiture) as follows: (a) 30% of the Stock Units shall vest on the first anniversary of the Grant Date and the underlying Unit Shares shall be delivered to the Participant on November 16, 2009; (b) 10% of the Stock Units shall vest on the second anniversary of the Grant Date and the underlying Unit Shares shall be delivered on November 15, 2010; and (c) 60% of the Stock Units shall vest on the third anniversary of the Grant Date and be delivered on November 15, 2011. The Stock Units are subject to earlier vesting as set forth in Sections 4(a), 4(b), 4(d) and 4(e). The Unit Shares are subject to earlier delivery only as set forth in Section 4(a) (death) and Section 4(e) (Change of Control).
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Vesting; Delivery of Unit Shares. The Stock Units vest (i.e., are not subject to forfeiture) as follows: (a) 7,000 of the Stock Units shall vest on or before March 15, 2010 based on the determination of the Compensation Committee of the Board of Directors as to whether the Company achieved the financial and other targets set by the Compensation Committee in its discretion with respect to the 2009 fiscal year and the underlying Unit Shares shall be delivered to the Participant on March 15, 2010; (b) 7,000 of the Stock Units shall vest on or before March 15, 2011 based on the determination of the Compensation Committee of the Board of Directors as to whether the Company achieved the financial and other targets set by the Compensation Committee in its discretion with respect to the 2010 fiscal year and the underlying Unit Shares shall be delivered to the Participant on March 15, 2011; and (c) 7,000 of the Stock Units shall vest on or before March 15, 2012 based on the determination of the Compensation Committee of the Board of Directors as to whether the Company achieved the financial and other targets set by the Compensation Committee in its discretion with respect to the 2011 fiscal year and the underlying Unit Shares shall be delivered to the Participant on March 15, 2012. The Stock Units are subject to earlier vesting as set forth in Sections 4(a), 4(b), 4(d) and 4(e). The Unit Shares are subject to earlier delivery only as set forth in Section 4(a) (death) and Section 4(e) (Change of Control).
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Vesting; Delivery of Unit Shares. Subject to earlier vesting and delivery as set forth below, the Stock Units vest (i.e., are not subject to forfeiture) and the associated underlying Unit Shares will be delivered on _________.
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Vesting; Delivery of Unit Shares. The Stock Units vest (i.e., are not subject to forfeiture) as follows: _________. The Stock Units are subject to earlier vesting as set forth in Sections 4(a), 4(b), 4(d) and 4(e). The Unit Shares are subject to earlier delivery only as set forth in Section 4(a) (death) and Section 4(e) (Change of Control).
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Related to Vesting; Delivery of Unit Shares

  • Delivery of Units As soon as practicable after each surrender of Warrants in whole or in part on the Call Date and upon satisfaction of all other requirements described in the Warrants and in Section 1.1 hereof, the Warrant Agent shall instruct the Trustee to confirm that the transfer specified under the "Callable Series" provisions of Schedule I has occurred and to cause a distribution of Trust Property to the Warrantholder as an Optional Exchange taking into account Section 1.1(i) above, if applicable. A surrender of the Warrants shall be deemed to be a simultaneous surrender of the Class A Units and Class B Units acquired in exchange therefor. If such exercise is in part only, the Warrant Agent shall instruct the Trustee to authenticate new Warrants of like tenor, representing the outstanding Warrants of the Warrantholder and the Warrant Agent shall deliver such Warrants to the Warrantholder. In each case, the Trustee shall act in accordance with such instructions.

  • Delivery of Option Shares The Company shall deliver a certificate for the Option Shares to the Employee as soon as practicable after payment therefor.

  • Delivery of Restricted Stock 7.1 Except as otherwise provided in Section 7.2 hereof, evidence of the book entry of Shares or, if requested by you prior to such lapse of restrictions, a stock certificate with respect to the Shares of Performance Based Restricted Stock for which the restrictions have lapsed pursuant to Section 3, 4 or 5 hereof, shall be delivered to you as soon as practicable following the date on which the restrictions on such Shares of Performance Based Restricted Stock have lapsed, free of all restrictions hereunder.

  • Purchase of Units On the basis of the representations and warranties herein contained, but subject to the terms and conditions herein set forth, the Company agrees to issue and sell to the several Underwriters, severally and not jointly, an aggregate of 20,000,000 units of the Company (the “Firm Units”) at a purchase price (net of discounts and commissions) of $9.80

  • Delivery of Unlegended Shares a) Within three (3) business days (such third business day being the “Unlegended Shares Delivery Date”) after the business day on which the Company has received (i) a notice that Conversion Shares, or any other Common Stock held by the Purchaser has been sold pursuant to a registration statement or Rule 144 under the 1933 Act, (ii) a representation that the prospectus delivery requirements, or the requirements of Rule 144, as applicable and if required, have been satisfied, (iii) the original share certificates representing the shares of Common Stock that have been sold, and (iv) in the case of sales under Rule 144, customary representation letters of the Purchaser and, if required, Purchaser’s broker regarding compliance with the requirements of Rule 144, the Company at its expense, (y) shall deliver, and shall cause legal counsel selected by the Company to deliver to its transfer agent (with copies to Purchaser) an appropriate instruction and opinion of such counsel, directing the delivery of shares of Common Stock without any legends including the legend set forth in Section 4(h) above (the “Unlegended Shares”); and (z) cause the transmission of the certificates representing the Unlegended Shares together with a legended certificate representing the balance of the submitted Common Stock certificate, if any, to the Purchaser at the address specified in the notice of sale, via express courier, by electronic transfer or otherwise on or before the Unlegended Shares Delivery Date.

  • Delivery of Shares Delivery of shares of Common Stock upon the exercise of this Option will comply with all applicable laws (including the requirements of the Securities Act) and the applicable requirements of any securities exchange or similar entity.

  • Book Entry Delivery of Shares Whenever reference in this Agreement is made to the issuance or delivery of certificates representing one or more Shares, the Company may elect to issue or deliver such Shares in book entry form in lieu of certificates.

  • Delivery of Placement Shares On or before each Settlement Date, the Company will, or will cause its transfer agent to, electronically transfer the Placement Shares being sold by crediting the Agent’s or its designee’s account (provided the Agent shall have given the Company written notice of such designee at least one Trading Day prior to the Settlement Date) at The Depository Trust Company through its Deposit and Withdrawal at Custodian System or by such other means of delivery as may be mutually agreed upon by the parties hereto which in all cases shall be freely tradable, transferable, registered shares in good deliverable form. On each Settlement Date, the Agent will deliver the related Net Proceeds in same day funds to an account designated by the Company on, or prior to, the Settlement Date. The Company agrees that if the Company, or its transfer agent (if applicable), defaults in its obligation to deliver Placement Shares on a Settlement Date, the Company agrees that in addition to and in no way limiting the rights and obligations set forth in Section 10(a) hereto, it will (i) hold the Agent harmless against any loss, claim, damage, or expense (including reasonable legal fees and expenses), as incurred, arising out of or in connection with such default by the Company or its transfer agent (if applicable) and (ii) pay to the Agent any commission, discount, or other compensation to which it would otherwise have been entitled absent such default.

  • Vesting of Units For purposes of this Agreement, “Vesting Date” means any date, including the Scheduled Vesting Dates specified in the Vesting Schedule on the cover page of this Agreement, on which Units subject to this Agreement vest as provided in this Section 4.

  • Repurchase of Units (a) Except as otherwise provided in this Agreement, no Partner or other Person holding Units will have the right to withdraw or tender for repurchase any of its Units. The Directors may, from time to time, in their complete and exclusive discretion and on terms and conditions as they may determine, cause the Partnership to repurchase Units in accordance with written tenders. The Partnership will not offer, however, to repurchase Units on more than four occasions during any one Fiscal Year, unless the Partnership has been advised by its legal counsel that more frequent offers would not cause any adverse tax consequences to the Partnership or the Partners. In determining whether to cause the Partnership to repurchase Units, pursuant to written tenders, the Directors will consider the following factors, among others:

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