Common use of Distribution of Shares Clause in Contracts

Distribution of Shares. You shall receive one share of Common Stock in satisfaction of each vested Performance Unit credited to your account, which shall be registered in your name and transferable by you, on the Vesting Date.

Appears in 6 contracts

Samples: Omnibus Incentive Plan Of (Dril-Quip Inc), 2017 Omnibus Incentive Plan Of (Dril-Quip Inc), 2017 Omnibus Incentive Plan Of (Dril-Quip Inc)

AutoNDA by SimpleDocs

Distribution of Shares. You shall receive one share of Common Stock in satisfaction of each vested Performance Unit credited to your account, which shall be registered in your name and transferable by you, on the Vesting Datedate on which such Performance Units vest.

Appears in 2 contracts

Samples: Performance Unit Award Agreement (GenOn Energy, Inc.), Award Agreement (GenOn Energy, Inc.)

Distribution of Shares. You shall receive one share of Common Stock in satisfaction of each vested Performance Unit credited to your account, which shall be registered in your name and transferable by you, on the Vesting Settlement Date.

Appears in 2 contracts

Samples: Performance Unit Award Agreement (Global Geophysical Services Inc), Performance Unit Award Agreement (Global Geophysical Services Inc)

AutoNDA by SimpleDocs

Distribution of Shares. You shall receive one share of Common Stock in satisfaction of each vested Performance Restricted Stock Unit credited to your account, which shall be registered in your name and transferable by you, on the Vesting Datedate on which such Restricted Stock Units vest.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (GenOn Energy, Inc.), Award Agreement (GenOn Energy, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.