Settlement of Performance RSUs. Subject to the provisions of this Agreement, on each Vesting Date (as defined below) or as soon as practicable, but no later than thirty (30) days, thereafter, the Company shall deliver to the Participant one or more Shares equal to the number of Performance RSUs that vested on such Vesting Date. Prior to settlement, the Participant shall make arrangements with the Company for the satisfaction of any federal, state, local or foreign withholding obligations that may arise in connection with such settlement in accordance with the terms of the Plan.
Appears in 1 contract
Sources: Performance Restricted Stock Unit Agreement (Core-Mark Holding Company, Inc.)
Settlement of Performance RSUs. Subject to the provisions of this AgreementExcept in accordance with Section 23 hereof, on each Vesting Date (as defined below) or as soon as practicable, but no later than thirty ten (3010) days, thereafter, the Company shall deliver to the Participant one or more Shares equal to the number of Performance RSUs that vested on such Vesting Date. Prior to settlement, the Participant shall make arrangements with the Company for the satisfaction of any federal, state, local or foreign withholding obligations that may arise in connection with such settlement in accordance with the terms of the Plan.
Appears in 1 contract
Sources: Performance Restricted Stock Unit Award Agreement (Core-Mark Holding Company, Inc.)
Settlement of Performance RSUs. Subject to the provisions Section 3 and Section 6 of this Agreement, on each Vesting Date (as defined below) or as soon as practicable, but no later than thirty (30) days, thereafter, the Company shall deliver to the Participant one (or more to a Company-designated brokerage) as soon as practicable following the Vesting Date (but in no event later than 2 1/2 months after the applicable Vesting Date), in complete settlement of all vested Performance RSUs, a number of Common Shares equal to the number of vested Performance RSUs that vested on such Vesting Date. Prior to settlement, the Participant shall make arrangements with the Company for the satisfaction of any federal, state, local or foreign withholding obligations that may arise in connection with such settlement determined in accordance with the terms of the Planthis Agreement.
Appears in 1 contract
Sources: Performance Vesting Restricted Stock Unit Award Agreement (Celanese CORP)