Example ContractsClausesdelivery of placement sharesVariants
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Delivery of Shares. The Company shall, as soon as practicable upon the vesting of any portion of the Award (but in no event later than March 15 of the year following such vesting) effect delivery of the Shares with respect to such vested portion to the Participant (or, in the event of the Participant’s death, to the Beneficiary). No Shares will be issued pursuant to this Award unless and until all legal requirements applicable to the issuance or transfer of such Shares have been complied with to the satisfaction of the Administrator.

Delivery of Shares. TheSubject to [Section 5] below, the Company shall, on or as soon as reasonably practicable uponfollowing the vesting of any portion of the AwardVesting Date (but in no event later than March 15 of the year following the calendar year containing such vesting)Vesting Date), effect delivery of the Shares with respect to suchthe vested portion of the Award to the Participant (or, in the event of the Participant’s death,death after vesting of all or portion of the Award, to the Beneficiary). No Sharesperson to whom the Award has passed by will be issued pursuant to this Award unlessor the laws of descent and until all legal requirements applicable to the issuance or transfer of such Shares have been complied with to the satisfaction of the Administrator.distribution).

Delivery of Shares. The Company shall, as soon as practicable uponfollowing the vesting of any portion of theyour Award (but in no event later than March 1515th of the year following such vesting) effect delivery ofthe year your Award vests) deliver the Shares with respect to such vested portionAward to the Participantyou (or, in the event of the Participant’syour death, to the Beneficiary)person to whom this Award has passed by will or the laws of descent and distribution). No Shares will be issued pursuant to this Award unless and until all legal requirements applicable to the issuance or transfer of such Shares have been complied with to the satisfaction of the Administrator.Administrator and you have made arrangements to pay to the Company any applicable withholding taxes due upon the vesting and/or settlement of your Award, as provided for below.

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