Common use of Vesting Date Clause in Contracts

Vesting Date. The RSUs awarded under this Agreement shall initially be 100% unvested and subject to forfeiture. The Vesting Reference Date of this Award is June 1, 2012. Subject to Sections 1(c), (d), (e) and (f), the RSUs shall vest in equal annual installments over five years as follows: % of RSUs Vested Prior to first anniversary of the Vesting Reference Date —% First anniversary of the Vesting Reference Date 20% Second anniversary of the Vesting Reference Date 40% Third anniversary of the Vesting Reference Date 60% Fourth anniversary of the Vesting Reference Date 80% Fifth anniversary of the Vesting Reference Date 100%

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Schnitzer Steel Industries Inc)

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Vesting Date. The RSUs awarded under this Agreement shall initially be 100% unvested and subject to forfeiture. The Vesting Reference Date of this Award is June 1, 2012<<Vesting Reference Date>>. Subject to Sections 1(c), (d), (e) and (f), the RSUs shall vest in equal annual installments over five years as follows: % of RSUs Vested Prior to first anniversary of the Vesting Reference Date 0% First anniversary of the Vesting Reference Date 20% Second anniversary of the Vesting Reference Date 40% Third anniversary of the Vesting Reference Date 60% Fourth anniversary of the Vesting Reference Date 80% Fifth anniversary of the Vesting Reference Date 100%

Appears in 1 contract

Samples: Restricted Stock Unit (Schnitzer Steel Industries Inc)

Vesting Date. The RSUs awarded under this Agreement shall initially be 100% unvested and subject to forfeiture. The Vesting Reference Date of this Award is June 1October 31, 20122018. Subject to Sections 1(c), (d), (e) and (f), the RSUs shall vest in equal annual installments over five years as follows: % of RSUs Vested Prior to first anniversary of the Vesting Reference Date 0% First anniversary of the Vesting Reference Date 20% Second anniversary of the Vesting Reference Date 40% Third anniversary of the Vesting Reference Date 60% Fourth anniversary of the Vesting Reference Date 80% Fifth anniversary of the Vesting Reference Date 100%

Appears in 1 contract

Samples: Restricted Stock Unit (Schnitzer Steel Industries Inc)

Vesting Date. The RSUs awarded under this Agreement shall initially be 100% unvested and subject to forfeiture. The Vesting Reference Date of this Award is June 1October 31, 20122015. Subject to Sections 1(c), (d), (e) and (f), the RSUs shall vest in equal annual installments over five years as follows: % of RSUs Vested Prior to first anniversary of the Vesting Reference Date —% First anniversary of the Vesting Reference Date 20% Second anniversary of the Vesting Reference Date 40% Third anniversary of the Vesting Reference Date 60% Fourth anniversary of the Vesting Reference Date 80% Fifth anniversary of the Vesting Reference Date 100%

Appears in 1 contract

Samples: Restricted Stock Unit (Schnitzer Steel Industries Inc)

Vesting Date. The RSUs awarded under this Agreement shall initially be 100% unvested and subject to forfeiture. The Vesting Reference Date of this Award is June 1October 31, 20122023. Subject to Sections 1(c), (d), (e), (f) and (fm), the RSUs shall vest in equal annual installments over five years as follows: % of RSUs Vested Prior to first anniversary of the Vesting Reference Date 0% First anniversary of the Vesting Reference Date 20% Second anniversary of the Vesting Reference Date 40% Third anniversary of the Vesting Reference Date 60% Fourth anniversary of the Vesting Reference Date 80% Fifth anniversary of the Vesting Reference Date 100%

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Schnitzer Steel Industries, Inc.)

Vesting Date. The RSUs awarded under this Agreement shall initially be 100% unvested and subject to forfeiture. The Vesting Reference Date of this Award is June 1October 31, 20122020. Subject to Sections 1(c), (d), (e), (f) and (fm), the RSUs shall vest in equal annual installments over five years as follows: % of RSUs Vested Prior to first anniversary of the Vesting Reference Date 0% First anniversary of the Vesting Reference Date 20% Second anniversary of the Vesting Reference Date 40% Third anniversary of the Vesting Reference Date 60% Fourth anniversary of the Vesting Reference Date 80% Fifth anniversary of the Vesting Reference Date 100%

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Schnitzer Steel Industries, Inc.)

Vesting Date. The RSUs awarded under this Agreement shall initially be 100% unvested and subject to forfeiture. The Vesting Reference Date of this Award is June 1October 31, 20122015. Subject to Sections 1(c), (d), (e) and (f), the RSUs shall vest in full in equal annual installments over five two years as follows: with 50% of RSUs Vested Prior to vesting on the first anniversary of the Vesting Reference Date and 50% First vesting on the second anniversary of the Vesting Reference Date 20% Second anniversary of the Vesting Reference Date 40% Third anniversary of the Vesting Reference Date 60% Fourth anniversary of the Vesting Reference Date 80% Fifth anniversary of the Vesting Reference Date 100%Date.

Appears in 1 contract

Samples: Restricted Stock Unit (Schnitzer Steel Industries Inc)

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Vesting Date. The RSUs awarded under this Agreement shall initially be 100% unvested and subject to forfeiture. The Vesting Reference Date of this Award is June 1, 2012. Subject to Sections 1(c), (d), (e) and (fe), the RSUs shall vest in equal annual installments over five years commencing on June 1, 2006 (the “Vesting Reference Date”) as follows: % of RSUs Vested Prior to first anniversary of the Vesting Reference Date —% First anniversary of the Vesting Reference Date 20% Second anniversary of the Vesting Reference Date 40% Third anniversary of the Vesting Reference Date 60% Fourth anniversary of the Vesting Reference Date 80% Fifth anniversary of the Vesting Reference Date 100%

Appears in 1 contract

Samples: Award Agreement (Schnitzer Steel Industries Inc)

Vesting Date. The RSUs awarded under this Agreement shall initially be 100% unvested and subject to forfeiture. The Vesting Reference Date of this Award is June 1, 2012<<Vesting Reference Date>>. Subject to Sections 1(c), (d), (e) and (f), the RSUs shall vest in equal annual installments over five years as follows: % of RSUs Vested Prior to first anniversary of the Vesting Reference Date 0 % First anniversary of the Vesting Reference Date 2020 % Second anniversary of the Vesting Reference Date 4040 % Third anniversary of the Vesting Reference Date 6060 % Fourth anniversary of the Vesting Reference Date 8080 % Fifth anniversary of the Vesting Reference Date 100100 %

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Schnitzer Steel Industries Inc)

Vesting Date. The RSUs awarded under this Agreement shall initially be 100% unvested and subject to forfeiture. The Vesting Reference Date of this Award is June 1April 30, 20122020. Subject to Sections 1(c), (d), (e), (f) and (fm), the RSUs shall vest in equal annual installments over five years as follows: % of RSUs Vested Prior to first anniversary of the Vesting Reference Date 0% First anniversary of the Vesting Reference Date 20% Second anniversary of the Vesting Reference Date 40% Third anniversary of the Vesting Reference Date 60% Fourth anniversary of the Vesting Reference Date 80% Fifth anniversary of the Vesting Reference Date 100%

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Schnitzer Steel Industries, Inc.)

Vesting Date. The RSUs awarded under this Agreement shall initially be 100% unvested and subject to forfeiture. The Vesting Reference Date of this Award is June 1, 2012<<Vesting Reference Date>>. Subject to Sections 1(c), (d), (e) and (f), the RSUs shall vest in equal annual installments over five years as follows: become 100% of RSUs Vested Prior to first vested on the second anniversary of the Vesting Reference Date —% First anniversary of the Vesting Reference Date 20% Second anniversary of the Vesting Reference Date 40% Third anniversary of the Vesting Reference Date 60% Fourth anniversary of the Vesting Reference Date 80% Fifth anniversary of the Vesting Reference Date 100%Date.

Appears in 1 contract

Samples: Employment Agreement (Schnitzer Steel Industries Inc)

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