Common use of Timing of Settlement Clause in Contracts

Timing of Settlement. Subject to Section 2 of this Award Agreement, promptly following the Vesting Dates the Company will issue to you the percentage of the Total Number of Shares indicated by the Vesting Schedule. Such issuance and payment will be made in accordance with Section 4(c) below within the thirty (30) day period following the Vesting Date; provided, however, that in the event of a Change in Control, your RSUs subject to Section 3 above will be settled and paid within the thirty (30) day period specified therein.

Appears in 8 contracts

Sources: Restricted Stock Unit Award Agreement (Merit Medical Systems Inc), Restricted Stock Unit Award Agreement (Merit Medical Systems Inc), Restricted Stock Unit Award Agreement (Merit Medical Systems Inc)

Timing of Settlement. Subject to Section 2 of this Award Agreement, promptly following the Vesting Dates Date the Company will issue to you the percentage of the Total Number of Shares indicated by the Vesting ScheduleShares. Such issuance and payment will be made in accordance with Section 4(c) below within the thirty (30) day period following the Vesting Date; provided, however, that in the event of a Change in Control, your RSUs subject to Section 3 above will be settled and paid within the thirty (30) day period specified thereinin Section 3 above.

Appears in 4 contracts

Sources: Restricted Stock Unit Award Agreement (Merit Medical Systems Inc), Restricted Stock Unit Award Agreement (Merit Medical Systems Inc), Restricted Stock Unit Award Agreement (Merit Medical Systems Inc)