Payment After Maturity. Within 30 days after Maturity of a Stock Unit, the Company shall pay to the Participant a cash amount equal to one-quarter (1/4) of the Appreciation Value at the most recent fiscal quarter end. On each of the first, second and third anniversaries that payment date, the Company shall pay to the Participant one-quarter (1/4) of the Appreciation Value calculated at the most recent fiscal quarter end.
Appears in 1 contract
Sources: Employment Agreement (High Voltage Engineering Corp)
Payment After Maturity. Within 30 days after Maturity of a Stock Unit, the Company shall pay to the Participant a cash amount equal to one-quarter (1/4) of the Appreciation Market Value at the most recent fiscal quarter end. On each of end and shall cancel the first, second and third anniversaries that payment date, the Company shall pay to the Participant one-quarter (1/4) of the Appreciation Value calculated at the most recent fiscal quarter endStock Unit.
Appears in 1 contract
Sources: Employment Agreement (High Voltage Engineering Corp)