Common use of Payment of DSUs Clause in Contracts

Payment of DSUs. DSUs shall be paid in shares of Company common stock, which shall be distributed as soon as administratively possible after the applicable Vesting Date.

Appears in 1 contract

Sources: Dsu Grant Agreement (McDermott International Inc)

Payment of DSUs. DSUs shall be paid in shares of Company common stock, which shall be distributed as soon as administratively possible after the applicable Vesting Datevesting date.

Appears in 1 contract

Sources: Dsu Grant Agreement (McDermott International Inc)