Common use of Conversion to Common Stock Clause in Contracts

Conversion to Common Stock. Each RSU and Dividend Equivalent shall be converted into a single share of AEP Common Stock upon vesting or, if you satisfy the Retirement Eligibility Date conditions, your Retirement Payment Date. Shares of AEP Common Stock shall be delivered in accordance with the section of this Amendment entitled Delivery of

Appears in 5 contracts

Sources: Restricted Stock Unit Award Agreement (Southwestern Electric Power Co), Restricted Stock Unit Award Agreement (Public Service Co of Oklahoma), Restricted Stock Unit Award Agreement (Appalachian Power Co)