Issuance Dates. Each Share in which the Participant vests in accordance with the specified vesting schedule shall be issued on the date (the “Issuance Date”) on which that Share so vests or as soon thereafter as administratively practicable, but in no event later than the close of the calendar year in which such vesting date occurs or (if later) the fifteenth day of the third calendar month following such vesting date. The issuance of the Shares shall be subject to the Company’s collection of any applicable Withholding Taxes and Employer NIC in accordance with the procedures set forth in Paragraph 7 and Paragraph 8, respectively of this Agreement.
Appears in 2 contracts
Sources: Restricted Stock Unit Issuance Agreement, Restricted Stock Unit Issuance Agreement (Finisar Corp)
Issuance Dates. Each Share in which the Participant vests in accordance with the specified vesting schedule shall be issued on the date (the “Issuance Date”) on which that Share so vests or as soon thereafter as administratively practicable, but in no event later than the close of the calendar year in which such vesting date occurs or (if later) the fifteenth day of the third calendar month following such vesting date. The issuance of the Shares shall be subject to the Company’s collection of any applicable Withholding Taxes and Employer NIC in accordance with the procedures set forth in Paragraph 7 and Paragraph 8, respectively of this Agreement.
Appears in 2 contracts
Sources: Restricted Stock Unit Issuance Agreement (Finisar Corp), Restricted Stock Unit Issuance Agreement (Finisar Corp)