Common use of Scheduled Payment Date Clause in Contracts

Scheduled Payment Date. Subject to Paragraph 6 below, the Company shall deliver or cause to be delivered to the Grantee the number of earned and vested Shares, if any, as certified by the Compensation and Organization Committee of the Board of Directors of the Company (the “Committee”) under Paragraph 2 and Paragraph 3 above, on or before the Scheduled Payment Date in compliance with applicable law. The Company shall determine in its sole discretion the manner of delivering Shares under this Paragraph 4. For purposes of this Agreement, the “Scheduled Payment Date” means the March 15th within the calendar year immediately following the expiration of the Performance Period.

Appears in 3 contracts

Sources: Performance Based Restricted Stock Award Agreement (Rogers Corp), Performance Based Restricted Stock Award Agreement (Rogers Corp), Performance Based Restricted Stock Award Agreement (Rogers Corp)