Regular Vesting Schedule. Except as set forth in this Section 3, the RSUs granted pursuant to this Agreement shall vest in accordance with the Vesting Schedule, provided the Grantee has remained in the continuous full-time employment of the Company (or a Subsidiary or Affiliate of the Company), from the Grant Date through the applicable Vesting Date.
Regular Vesting Schedule. Subject to the provisions of this Agreement and except as provided in Section 5 of the Employment Agreement, the Option shall become vested and exercisable, and all restrictions shall lapse with respect to the Restricted Stock, in each case, in thirty-six (36) equal monthly installments commencing on the date which is one month following the Effective Date.
Regular Vesting Schedule. Except as set forth in this Section 3, the Restricted Stock granted pursuant to this Agreement shall vest on the Vesting Date, and shall be converted to unrestricted Shares at that time, provided the Grantee has remained in the continuous full-time employment of the Company, or a Subsidiary or Affiliate, from the Grant Date through the Vesting Date.
Regular Vesting Schedule. Except as otherwise provided herein, the Option Shares shall vest and become exercisable ratably on a quarterly basis over the twenty-four month period following the Effective Date ending on April 25, 2002, provided that the Employee is employed by the Corporation on the applicable vesting date, as follows:
Regular Vesting Schedule. Provided that the Participant continues to be employed by, or provide service to, the Employer from the Date of Grant through the vesting date and meets any applicable vesting requirements set forth in this Agreement, except as set forth below in this Section 3, the SARs awarded under this Agreement shall vest as to 33% of the SARs on the first anniversary of the Date of Grant and in substantially equal monthly installments thereafter on the [__] of the month for the following 24 months. The vesting of the SARs is cumulative, but shall not exceed 100% of the SARs subject to this Agreement.
Regular Vesting Schedule. Except as set forth in this Section 4, the SSARs granted pursuant to this Agreement shall vest in accordance with the Vesting Schedule, provided the Grantee has remained in the continuous full-time employment of the Company (or a Subsidiary or Affiliate of the Company) from the Grant Date through the applicable Vesting Date.
Regular Vesting Schedule. In the absence of a Change in Control, as defined in the Existing Agreement, the Retirement Benefit shall vest in the percentage amounts indicated below, based upon continuous years of service after May 31, 2009, in full time (that is, an average of no less than thirty-five hours a week) employment as Chief Lending Officer of Bank: Four years (through May 31, 2013) - 0% June 1, 2013, after 4 continuous years of service (i.e., June 1, 2009, through May 31, 2013) - 25% vested For each continuous year of service (June 1st through May 31st) from June 1, 2013, through May 31, 2023) - 7.5% additional vesting per year of service June 1, 2023 - 100% vested
Regular Vesting Schedule. In the absence of a Change of Control, as defined in the Existing Agreement, the Retirement Benefit shall vest in the percentage amounts indicated below, based upon continuous years of service after December 31, 2010, in full time (that is, an average of no less than thirty-five hours a week) employment as Chief Financial Officer of Bank:
Regular Vesting Schedule. Fifty percent (50%) of the Units will vest on September 1, 2004, and an additional six and one-quarter percent (6.25%) of the Units will vest on the first day of each third month thereafter, until the Units are one hundred percent (100%) vested on September 1, 2006, provided Grantee has continued in the employment of the Corporation or any Parent or Subsidiary of the Corporation from the Grant Date through any such vesting date.
