Example ContractsClausesstaggered settlementIdentical
Staggered Settlement
Staggered Settlement contract clause examples

Settlement Date. The settlement date of these EBUs will be the earlier of # the date of publication of the Corporation's quarterly earnings statement for the twelfth (12th) full quarter following the date of grant, or # the date of publication of the Corporation's quarterly earnings statement which brings the cumulative earnings per common share (assuming dilution) as initially filed in its quarterly or annual reports with the U.S. Securities and Exchange Commission commencing with the first full quarter following the date of grant to an amount at least equal to the maximum settlement value per EBU specified above.

EXXON MOBIL CORP (XOM) (CIK 0000034088)
Source: SEC EDGAR database • Date: February 28, 2018 • SIC: 2911 • CIK: 2911

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