Examples of Vesting Tranche in a sentence
Please check the box for the applicable election: ____ (1) Pursuant to Section 4 of the Agreement, I hereby elect to have each Vesting Tranche delivered pursuant to the following schedule: Vesting Tranche Number of RSUs Vesting Vesting Date Delivery Date Vesting Tranche 1 Vesting Tranche 2 Vesting Tranche 3 Vesting Tranche 4 ____ (2) I elect to not defer the delivery of the shares underlying my RSUs and take delivery thereof on the applicable vesting date for each Tranche.
The Authority notes as per the Rules, the Authority is required to do the analysis of the volume effect of the dumped imports on the market share of the domestic industry and the effect of the dumped imports on the prices of the domestic industry to determine price undercutting/price underselling/price suppression/price depression.
At the end of the Performance Period, the portion of each Vesting Tranche allocated to that Performance Period that vests shall be determined based on the Company’s performance during that Performance Period relative to the applicable Performance Goal as follows: • If the Company meets or exceeds a particular Performance Goal, one hundred percent (100%) of the Vesting Tranche related to that Performance Goal shall vest.
The PRSUs are divided into three equal tranches (the “First Vesting Tranche”, the “Second Vesting Tranche” and the “Third Vesting Tranche”, each a “Vesting Tranche”), with each Vesting Tranche covering 1/3 of the PRSUs.
At Sovereign Grace Church, our goal is to keep the gospel at the heart of all that we do.
The total number of vested Performance Shares in each Vesting Tranche shall be delivered following the later of (i) expiration of the Service Period and (ii) the Committee’s determination of Total Shareholder Return with respect to the Performance Period for such Vesting Tranche.
Performance Shares in a given Vesting Tranche that are no longer eligible to vest following the Committee’s determination of Total Shareholder Return with respect to a given Performance Period shall immediately be forfeited to the Company by the Participant for no consideration as of the date of such determination.
The treatment of the CIC Vesting Tranche A Options upon a Sale of the Company as set forth in this Section 4(a) shall be in lieu of any adjustments or other rights that may otherwise apply to other option holders under the Plan, including without limitation any adjustments or other rights under Article X of the Plan.
Shares of Restricted Stock in a given Vesting Tranche that do not vest pursuant to the immediately preceding sentence shall be forfeited by the Holder immediately upon the expiration of the applicable Service Period.
Except as provided in this Section 8, a Share of Restricted Stock granted herein may not be sold, transferred, pledged, assigned, or otherwise alienated or hypothecated, voluntarily or involuntarily, until (i) they vest with respect to their Vesting Tranche, or (ii) upon earlier satisfaction of any other conditions, as specified by the Committee in its sole discretion (subject to Section 10) and set forth in the Award Agreement.