Qualifying Retirement. Subject to the provisions in Section 6(b)(v) below, if your PSUs vest in connection with a Qualifying Retirement, your PSUs will be settled by the Company, via the issuance of Common Stock as described herein, on a date selected by the Company that shall occur in all cases not earlier than January 1st and not later than December 31st of the first calendar year that commences following the year in which the Qualifying Retirement occurs, provided that such selected settlement date shall occur in all cases within the sixty (60) day period following the later of: (i) the date that is six (6) months and one (1) day following the date of Qualifying Retirement, or (ii) the date the number of PSU which are eligible to vest in connection with such Qualifying Retirement is determined by the Administrator, and such selected settlement date which settlement date during such single calendar year shall be the “Original Issuance Date” with respect to such PSUs, and December 31st of the first calendar year that commences following the date of Qualifying Retirement is the applicable “Issuance Deadline” with respect to your PSUs.
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Sources: Performance Based Restricted Stock Units Agreement (Skyward Specialty Insurance Group, Inc.), Performance Based Restricted Stock Units Agreement (Skyward Specialty Insurance Group, Inc.), Performance Based Restricted Stock Units Agreement (Skyward Specialty Insurance Group, Inc.)