Common use of Timing and Form of Payment Clause in Contracts

Timing and Form of Payment. Any Restricted Stock Units that become earned and vested shall be paid upon such vesting by issuance and delivery of one (1) Share for each Restricted Stock Unit that becomes earned and vested. Delivery of Shares shall occur as soon as administratively practicable after the applicable vesting date, generally within thirty (30) days (but in no event past March 15 of the year following the year in which the applicable vesting date occurs).

Appears in 2 contracts

Sources: Restricted Stock Unit Award Agreement (Exact Sciences Corp), Restricted Stock Unit Award Agreement (Exact Sciences Corp)

Timing and Form of Payment. Any Restricted Stock Units that become earned and vested shall be paid upon such vesting by issuance and delivery of one (1) Share for each Restricted Stock Unit that becomes earned and vestedis payable. Delivery of Shares shall occur as soon as administratively practicable after the applicable vesting date, generally within thirty (30) days (but in no event past March 15 of the year following the year in which the applicable vesting date occurs)days.

Appears in 2 contracts

Sources: Restricted Stock Unit Award Agreement (Exact Sciences Corp), Restricted Stock Unit Award Agreement (Exact Sciences Corp)

Timing and Form of Payment. Any Restricted Stock Units that become earned and vested shall be paid upon such vesting by issuance and delivery of one (1) Share for each Restricted Stock Unit that becomes earned and vestedis payable. Delivery of Shares shall occur as soon as administratively practicable after the applicable vesting date, generally within thirty (30) days (but in no event past March 15 of the year following the year in which the applicable vesting date occurs)days.

Appears in 1 contract

Sources: Restricted Stock Unit Award Agreement (Exact Sciences Corp)