Issuance Dates. One (1) RSU Share shall be issued in payment of each vested RSU not later than the 15th day of the third month after the later of the last day of the Participant’s or the Company’s fiscal year in which the RSU vests, consistent with Treasury Regulation §1.409A-1(b)(4). Fractional RSU Shares shall not be issued (or any consideration provided therefor) but shall accumulate.
Issuance Dates. Each Share in which the Participant vests in accordance with the specified vesting schedule shall be issued on the date (the “Issuance Date”) on which that Share so vests or as soon thereafter as administratively practicable, but in no event later than the close of the calendar year in which such vesting date occurs or (if later) the fifteenth day of the third calendar month following such vesting date. The issuance of the Shares shall be subject to the Company’s collection of any applicable Withholding Taxes in accordance the procedures set forth in Paragraph 7 of this Agreement.
Issuance Dates. One (1) RSU Share shall be issued in payment of each vested RSU [on or about the same date that RSU Shares are issued to other Participants generally in respect of their RSUs that vest contemporaneously with such vested RSU, but] not later than the 15th day of the third month after the later of the last day of the Participant’s or the Company’s fiscal year in which the RSU vests, consistent with Treasury Regulation §1.409A-1(b)(4). Fractional RSU Shares shall not be issued (or any consideration provided therefor) but shall accumulate.
Issuance Dates. The RSU Shares underlying vested RSUs shall be issued to you as soon as practicable after vesting, but in no event outside of the short-term deferral period (within the meaning of U.S. Treasury Regulation §1.409A-1(b)(4)).
Issuance Dates. The Shares subject to the Award Units that vest in accordance with the Vesting Schedule will be issued immediately on the vesting date, or as soon as practicable thereafter, but in no event later than the later of (i) the close of the calendar year in which the Shares vest, or (ii) the fifteenth day of the third calendar month following such vesting date. In no event, however, will any Shares actually be issued to the Grantee unless and until the applicable Withholding Taxes are collected from the Grantee. The procedures pursuant to which the applicable Withholding Taxes are to be collected are set forth in Paragraph 7 of this Agreement. The settlement of all Award Units which vest under this Agreement shall be made solely in shares of Common Stock. In no event, however, shall any fractional shares of Common Stock be issued upon the vesting of Award Units. Accordingly, the total number of Shares to be issued upon vesting of Award Units pursuant to this Agreement shall, to the extent necessary, be rounded down to the next whole share in order to avoid the issuance of a fractional share. Restricted Stock Unit Award Agreement — Employees (January 2012)
