Common use of AND FORFEITURE Clause in Contracts

AND FORFEITURE. (a) Except as otherwise provided in the Plan or in Section 3(b) of this Agreement, twenty-five percent (25%) of the RSUs subject to Participant’s Award shall vest and be distributed in shares of Common Stock pursuant to Section 2 (to “vest”) on each of April 30, 2018, April 30, 2019, April 30, 2020 and April 30, 2021 (each, a “Vesting Date”).

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Legg Mason, Inc.)

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AND FORFEITURE. (a) Except as otherwise provided in the Plan or in Section 3(b) of this Agreement, twenty-five percent (25%) of the RSUs subject to Participant’s Award shall vest and be distributed in shares of Common Stock pursuant to Section 2 (to “vest”) on each of April 30, 2018, April 30, 2019, April 30, 2020 2020, April 30, 2021 and April 30, 2021 2022 (each, a “Vesting Date”).

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Legg Mason, Inc.)

AND FORFEITURE. (a) Except as otherwise provided in the Plan or in Section 3(b) of this Agreement, twenty-five percent (25%) of the RSUs subject to Participant’s Award shall vest and be distributed in shares of Common Stock pursuant to Section 2 (to “vest”) on each of April 30, 2017, April 30, 2018, April 30, 2019, 2019 and April 30, 2020 and April 30, 2021 (each, a “Vesting Date”).

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Legg Mason, Inc.)

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AND FORFEITURE. (a) Except as otherwise provided in the Plan or in Section 3(b) of this Agreement, twenty-five percent (25%) of the RSUs subject to Participant’s Award shall vest and be distributed in shares of Common Stock pursuant to Section 2 (to “vest”) on each of April 30, 20182016, April 30, 20192017, April 30, 2020 2018 and April 30, 2021 2019 (each, a “Vesting Date”).

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Legg Mason, Inc.)

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