Common use of Distribution of Stock Clause in Contracts

Distribution of Stock. (a) Subject to the terms and conditions of the Plan, and the Terms (including Section 2.5(b) below), the shares of Stock underlying the Restricted Stock Units shall be distributed to Participant (or in the event of Participant’s death, to his or her designated beneficiary or estate, as the case may be) no later than 10 days following the date such Restricted Stock Units vest under Section 2.2, 2.3 or 2.4.

Appears in 4 contracts

Samples: Restricted Stock Unit Award Grant Agreement (Allergan Inc), Restricted Stock Unit Award Grant Agreement (Allergan Inc), Restricted Stock Unit Grant Agreement (Allergan Inc)

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Distribution of Stock. (a) Subject to the terms and conditions of the Plan, Plan and the Terms (including Section 2.5(b2.4(b) below), the shares of Stock underlying the Restricted Stock Units shall be distributed to Participant (or in the event of Participant’s death, to his or her designated beneficiary or estate, as the case may be) no later than 10 days following the date such Restricted Stock Units vest under Section 2.2, 2.3 2.2 or 2.42.3.

Appears in 1 contract

Samples: Restricted Stock Unit Grant Agreement (Allergan Inc)

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