Common use of Distribution of Stock Clause in Contracts

Distribution of Stock. Subject to Section 8, the Company shall cause the Participant to be the record owner of any shares of Stock to which the Participant becomes entitled to receive under this Agreement in accordance with the payment terms described in Section 3.

Appears in 12 contracts

Samples: Performance Share Unit Agreement (Priceline Com Inc), Performance Share Unit Agreement (Priceline Com Inc), Performance Share Unit Agreement (Priceline Com Inc)

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Distribution of Stock. Subject to Section 8, the Company shall cause the Participant to be the record owner of any shares of Stock to which that the Participant becomes entitled to receive under this Agreement in accordance with the payment terms described in Section 3.

Appears in 5 contracts

Samples: Performance Share Unit Agreement (Booking Holdings Inc.), Performance Share Unit Agreement (Booking Holdings Inc.), Performance Share Unit Agreement (Priceline Group Inc.)

Distribution of Stock. Subject to Section 8, the Company shall cause the Participant to be the record beneficial owner of any shares of Stock to which that the Participant becomes entitled to receive under this Agreement in accordance with the payment terms described in Section 3.

Appears in 1 contract

Samples: Performance Share Unit Agreement (Booking Holdings Inc.)

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Distribution of Stock. Subject to Section 8, the Company shall cause the Participant to be the record owner of any shares of Stock to which that the Participant becomes entitled to receive under this Agreement in accordance with the payment terms described in Section 3.

Appears in 1 contract

Samples: Performance Share Unit Agreement (Booking Holdings Inc.)

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