Common use of Time Award Clause in Contracts

Time Award. Except as otherwise provided in this Section 2, and subject to the Participant’s continued Service through each of the following dates, the Time-Based RSUs shall vest in the following installments on each of the following dates (each a “Vesting Date”): [●] If the number of Time-Based RSUs vesting is a fractional number, the number vesting will be rounded down to the nearest whole number.

Appears in 2 contracts

Sources: Time Based Restricted Stock Unit Award Agreement (NextDecade Corp.), Time Based Restricted Stock Unit Award Agreement (NextDecade Corp.)