Upon the lapsing of each installment of the Restricted Period the Restricted Unit Award will settle, not later than the 30th day following the date on which the lapse of the Restricted Period occurs with respect to any Restricted Stock Units, in a like number shares of the Common Stock, par value $0.01 per share, of the Company, subject to applicable withholding. Notwithstanding the foregoing, the settlement of the Restricted Unit Award shall be delayed for such period of time as may be necessary to meet the requirements of Section 409A(a)(2)(B)(i) of the Code.