Common use of Restricted Stock and Stock Units Clause in Contracts

Restricted Stock and Stock Units. Restricted stock will be settled in Company stock upon the lapse of vesting conditions and Restricted Stock Units will be settled in Company stock except as otherwise provided for in your Agreement, with any Restricted Stock Units settled within 60 days following the applicable vesting date or vesting event.

Appears in 1 contract

Sources: Award Agreement (La-Z-Boy Inc)

Restricted Stock and Stock Units. Restricted stock will be settled in Company stock upon the lapse of vesting conditions and Restricted Stock Units will be settled in Company stock except as otherwise provided for in your Award Agreement, with any Restricted Stock Units settled within 60 days following the applicable vesting date or vesting event.

Appears in 1 contract

Sources: Award Agreement (La-Z-Boy Inc)