Common use of Delivery on Delivery Date Clause in Contracts

Delivery on Delivery Date. As soon as practicable following the delivery date for each DSU, the Company shall deliver a certificate for the number of shares represented by all vested DSUs having a delivery date on the same date, rounded down to the whole share. No fractional shares of Common Stock shall be issued.

Appears in 2 contracts

Sources: Deferred Stock Units Award Agreement, Deferred Stock Units Award Agreement (Precision Castparts Corp)