Example ContractsClausespayment for awardsIdentical
Payment for Awards
Payment for Awards contract clause examples

Payment of Awards. Except as otherwise provided in the Plan or this Summary and Terms and Conditions, during the fourth month following the end of the applicable Performance Period, the Company shall deliver to each Participant the Shares, if any, that the Committee has determined (in accordance with Section 5) to be payable with respect to any Award Opportunity.

PARKER HANNIFIN CORP (PH) (CIK 0000076334)
Source: SEC EDGAR database • Date: May 6, 2021 • SIC: 3490 • CIK: 3490

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