Common use of Normal Vesting Schedule Clause in Contracts

Normal Vesting Schedule. Except as set forth below, 100% of the RSUs shall become vested on the earlier of (i) [•] or (ii) the date of the first annual meeting of the Company’s shareholders following the Grant Date (such date being the “Vesting Date”), provided that the Participant’s Continuous Service as a Non-Employee Director of the Company continues through the Vesting Date. Except as otherwise provided in the Award Documentation, the RSUs shall vest only on the Vesting Date specified above and no partial vesting will occur prior to the Vesting Date.

Appears in 2 contracts

Samples: Notice and Agreement (Wellcare Health Plans, Inc.), Notice and Agreement (Wellcare Health Plans, Inc.)

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Normal Vesting Schedule. Except as set forth below, 100% of the RSUs shall become vested on the earlier of (i) [•] _____________ or (ii) the date of the first annual meeting of the Company’s shareholders following the Grant Date (such date being the “Vesting Date”), provided that the ParticipantGrantee’s Continuous Service provision of service as a Non-Employee Director of the Company continues through the Vesting Date. Except as otherwise provided in the Award Documentation, the RSUs shall vest only on the Vesting Date specified above and no partial vesting will occur prior to the Vesting Date.

Appears in 2 contracts

Samples: Restricted Stock (Wellcare Health Plans, Inc.), Restricted Stock (Wellcare Health Plans, Inc.)

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Normal Vesting Schedule. Except as set forth below, 100% of the RSUs shall become vested on the earlier of (i) [] or (ii) the date of the first annual meeting of the Company’s shareholders following the Grant Date (such date being the “Vesting Date”), provided that the Participant’s Continuous Service as a Non-Employee Director of the Company continues through the Vesting Date. Except as otherwise provided in the Award Documentation, the RSUs shall vest only on the Vesting Date specified above and no partial vesting will occur prior to the Vesting Date.

Appears in 1 contract

Samples: Notice and Agreement (Wellcare Health Plans, Inc.)

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