Common use of Form and Timing of Issuance or Transfer Clause in Contracts

Form and Timing of Issuance or Transfer. (a) The Company shall issue or cause there to be transferred to the Participant, [_____number_____] months following the Date of Grant, a number of Shares equal to the aggregate number of RSUs granted to the Participant under this Agreement. (b) Upon the issuance or transfer of Shares in accordance with Section 2(a) of this Agreement, a number of RSUs equal to the number of Shares issued or transferred to the Participant shall be extinguished.

Appears in 4 contracts

Sources: Restricted Share Unit Agreement (Accenture PLC), Restricted Share Unit Agreement (Accenture PLC), Restricted Share Unit Agreement (Accenture PLC)

Form and Timing of Issuance or Transfer. (a) The Company shall issue or cause there to be transferred to the Participant, [_____number_____[ number ] months following the Date of Grant, a number of Shares equal to the aggregate number of RSUs granted to the Participant under this Agreement. (b) Upon the issuance or transfer of Shares in accordance with Section 2(a) of this Agreement, a number of RSUs equal to the number of Shares issued or transferred to the Participant shall be extinguished.

Appears in 1 contract

Sources: Restricted Share Unit Agreement (Accenture PLC)