Common use of Distribution of Stock Clause in Contracts

Distribution of Stock. (i) Shares shall be distributed to Participant (or in the event of Participant’s death, to his or her estate) with respect to such Participant’s vested RSUs granted to Participant pursuant to this RSU Agreement, subject to the terms and provisions of the Plan and this RSU Agreement, within thirty (30) days following each vesting date as the RSUs vest pursuant to the Vesting Schedule set forth in the Grant Notice.

Appears in 4 contracts

Samples: Restricted Stock Unit Award Agreement (Xperi Inc.), Restricted Stock Unit Award Agreement (Xperi Inc.), Restricted Stock Unit Award Agreement (Xperi Holding Corp)

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Distribution of Stock. (i) Shares shall be distributed to Participant (or in the event of Participant’s death, to his or her Participant’s estate) with respect to such Participant’s vested RSUs granted to Participant pursuant to this RSU Agreement, subject to the terms and provisions of the Plan and this RSU Agreement, within thirty (30) days following each vesting date as the RSUs vest pursuant to the Vesting Schedule set forth in the Grant Notice.

Appears in 2 contracts

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

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Distribution of Stock. (i) Shares Stock shall be distributed to Participant (or in the event of Participant’s death, to his or her estate) with respect to such Participant’s vested RSUs granted to Participant pursuant to this RSU Restricted Stock Unit Agreement, subject to the terms and provisions of the Plan and this RSU Restricted Stock Unit Agreement, within thirty ten (3010) days following each vesting date as the RSUs vest RSU vests pursuant to the Vesting Schedule set forth in the Grant Notice.

Appears in 2 contracts

Samples: Notice and Restricted Stock Unit Agreement (Ligand Pharmaceuticals Inc), Restricted Stock Unit Agreement (Ligand Pharmaceuticals Inc)

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