Common use of Additional Vesting Clause in Contracts

Additional Vesting. Any Share Units that could have been vested under any of clauses (i), (ii) or (iii) above that do not become vested on the First Primary Measurement Date, the Second Primary Measurement Date or the Third Primary Measurement Date, may become vested on each of the applicable dates that is one year following each such date, respectively, based upon the Adjusted Share Price on the applicable measurement date, provided that you remain employed by the Company through the applicable vesting date.

Appears in 1 contract

Sources: Share Unit Grant Agreement (Valeant Pharmaceuticals International, Inc.)

Additional Vesting. Any Share Units that could have been vested under any of clauses (i), (ii) or (iii) above that do not become vested on the First Primary Measurement Date, the Second Primary Measurement Date or the Third Primary Measurement Date, may become vested on each of the applicable dates that is one year following each such date, respectively, based upon the Adjusted Share Price on the applicable measurement date, provided that you remain Participant remains employed by the Company through the applicable vesting date.

Appears in 1 contract

Sources: Share Unit Grant Agreement (Valeant Pharmaceuticals International, Inc.)