Vested. The Participant is % Vested in his/her Account Balance. See Plan Section 5.03(A). [Note: If an Employer makes more than one election under Section 6.01(n)(1), a Participant must satisfy all conditions before the Participant is eligible for the distribution.]
Vested. If the Optionee’s Service is terminated for any reason other than for Cause, then any portion of this option that is vested but unexercised shall be exercisable by the Optionee with respect to the vested Option Shares at any time during the Termination Exercise Period by proper completion and execution of a Notice of Exercise pursuant to Section 3(a), payment of the Purchase Price and completion of all other exercise requirements under Section 3. Any vested but unexercised portion of this option remaining at the expiration of the Termination Exercise Period shall terminate in full and be of no further force or effect, provided that this Agreement shall continue to apply to all Option Shares which, at the end of such period, are Purchased Option Shares. The “Termination Exercise Period” means (1) with respect to any termination of Optionee’s Service for any reason other than for Cause, Optionee’s death or Optionee being Disabled, the period from the date of such termination to the date that is 60 Business Days after such termination, and (2) with respect to any termination of Optionee’s Service as a result of Optionee’s death or Optionee being Disabled, the period from the date of such termination to the date that is one year after such termination.
Vested. Vested means a Participant or a Beneficiary has an unconditional claim, legally enforceable against the Plan, to the Participant's Account Balance or Accrued Benefit or to a portion thereof if not 100% Vested. Vesting means the degree to which a Participant is Vested in one or more Accounts.
Vested. As to any permit, license, zoning ordinance or rights thereunder, grant of rights under an order of development of regional impact, or any other governmental entitlement, the status wherein such governmental right has been granted in accordance with all applicable governmental regulations, and all appeal periods have expired with respect to such grant or issuance. Welfare Plan. See Section 6.14(b).
Vested. If the Optionee’s Service is terminated for any reason other than for Cause, then any portion of this Option that is vested but unexercised shall be exercisable by the Optionee
Vested. A Participant who has acquired and retains a nonforfeitable right to benefits under the Plan.
Vested. Nonforfeitable; an interest that is unconditional and legally enforceable against the Plan in all or a portion of an immediate or deferred Plan benefit which arises from completion of Years of Vesting Service or the other events described in Section 6.01(C)(3).
Vested. Nonforfeitable; an interest that is unconditional and legally enforceable against the Plan in all or a portion of an immediate or deferred Plan benefit which arises from completion of Years of Vesting Service or the other events described in Section 6.01(B).
Vested. Any restricted stock issued under this Section 12 for non-vested Awards which expire pursuant to Section 7 or Section 8, as applicable, shall be reconveyed to the Corporation at the Exercise Price, if any, paid by the Participant to the Corporation to acquire such Shares (in cash and/or in Shares as paid by the Participant), subject, however, to complying with any legal requirement relating to the Corporation's ability to repurchase its own securities. In this way, the Participant is able to begin the holding period for the Shares prior to the date the Award would have Vested.
Vested. Executive acknowledges and agrees that Executive’s options to acquire shares of ADSC common stock (“Options”) which are or shall become vested on or prior to the Termination Date shall be exercisable until October 31, 2010.
