Time Based Vesting Conditions. Subject to the terms and conditions of the Agreement, the Units shall vest in installments on the dates set forth in the Participant’s Award Summary (each such date, a “Scheduled Vesting Date”), if the Participant remains continuously employed by the Company or an Affiliate of the Company until any such Scheduled Vesting Date. Except as otherwise provided in the Agreement, if Participant ceases to be an employee of the Company or any Affiliate prior to vesting of any Units in accordance with the Award Summary, all of Participant’s unvested Units shall be immediately and irrevocably forfeited.
Time Based Vesting Conditions. Subject to the terms and conditions of this Agreement, the Award shall vest on the following dates (each a “Scheduled Vesting Date”), provided that Participant remains continuously employed by the Company or an Affiliate until such Scheduled Vesting Date: 25% of the Award shall vest on the date that is the first anniversary of the Award Date, an additional 25% of the Award shall vest on the date that is the second anniversary of the Award Date and the final 50% of the Award shall vest on the date that is the third anniversary of the Award Date. Except as otherwise provided in the Agreement, if Participant ceases to be an employee of the Company or an Affiliate prior to any Scheduled Vesting Date, the unvested portion of the Award will be immediately and irrevocably forfeited.
Time Based Vesting Conditions. Subject to the terms and conditions of this Agreement, the RSUs and PRSUs shall satisfy the applicable time-based vesting conditions in installments on the date or dates set forth in each Award Letter (each such date, a “Scheduled Vesting Date”), if the Participant remains continuously employed by the Company or an Affiliate of the Company until the applicable Scheduled Vesting Date. Except as otherwise provided in this Agreement, if the Participant experiences a Termination for any reason (except as set forth below) prior to an applicable Scheduled Vesting Date, all RSUs and PRSUs that have not become vested previously in accordance with any Award Letter shall be immediately and irrevocably forfeited.
Time Based Vesting Conditions. Except as otherwise provided in subsections (ii) through (v) below, if the Participant remains continuously employed by the Company or an Affiliate of the Company through the Scheduled Vesting Date as set forth in Exhibit A, the number of Units equal to the Final Award Number shall become vested on the Scheduled Vesting Date and will be settled in accordance with Section 3(a).
Time Based Vesting Conditions. Except as otherwise provided in subsections (ii) through (v) below, the Units shall vest in installments on the date or dates set forth in the vesting schedule (the “Vesting Schedule”) detailed at the end of this Agreement in the Appendix: Vesting Schedule (the “Scheduled Vesting Date”) and will be settled in accordance with Section 3(a).
Time Based Vesting Conditions. Except as otherwise provided herein, if the Company meets or exceeds the _____ Management Objective for the Performance Period, 25% of the Performance Units shall vest on ________________ and the remaining 75% of the Performance Units shall vest on ______________ (each, a “Vesting Date”), in each case subject to Employee’s continued employment with the Company or its Subsidiaries through the applicable Vesting Date.
Time Based Vesting Conditions. Subject to the terms and conditions of the Agreement, the Units shall vest in installments on the date or dates set forth in the Vesting Schedule (“Vesting Schedule”) detailed at the end of this Agreement in the Appendix: Vesting Schedule (each such date, a “Scheduled Vesting Date”) and will be settled and Shares delivered in accordance with Section 3(a), if: (i) Participant remains continuously employed by the Company or an Affiliate of the Company until the applicable Scheduled Vesting Date; and (ii) Participant has at all times since the Grant Date complied with the terms of any confidentiality and non-solicitation agreement between the Company or an Affiliate and the Participant. Except as otherwise provided in the Agreement, if Participant ceases to be an employee of the Company or any Affiliate prior to an applicable Scheduled Vesting Date, all Units that have not become vested previously in accordance with the Vesting Schedule shall be immediately and irrevocably forfeited.
Time Based Vesting Conditions. Subject to the terms and conditions of the Agreement, the Units shall vest in installments on the date or dates set forth in the Participant’s Grant Detail at the time of grant (each such date, a “Scheduled Vesting Date”) and will be settled and Shares delivered in accordance with Section 3(a), if: (i) Participant remains continuously employed by the Company or an Affiliate of the Company until the applicable Scheduled Vesting Date; and (ii) Participant has at all times since the Grant Date complied with the terms of any confidentiality and non-solicitation agreement between the Company or an Affiliate and the Participant. Except as otherwise provided in the Agreement, if Participant ceases to be an employee of the Company or any Affiliate prior to an applicable Scheduled Vesting Date, all Units that have not become vested previously in accordance with the Grant Detail shall be immediately and irrevocably forfeited.
Time Based Vesting Conditions. Provided that the Participant has continuously remained employed by the Company from the Grant Date through the applicable vesting date, one-third of the Eligible Performance Shares shall vest on the third anniversary of the Grant Date, one-third of the Eligible Performance Shares shall vest on the fourth anniversary of the Grant Date, and one-third of the Eligible Performance Shares shall vest on the fifth anniversary of the Grant Date (the “Time Based Vesting Conditions”). The Performance Shares will be forfeited if the conditions for vesting set forth in Section 2 or Section 3 are not met.
Time Based Vesting Conditions. If a CNS Agreement is timely received, then this Award shall vest on the following dates (each a “Scheduled Vesting Date”), provided that the Participant remains continuously employed by the Company or an Affiliate until any such Scheduled Vesting Date. Subject to the terms and conditions of this Agreement, 25% of the Award shall vest on the date that is 395 days after the Grant Date for all Participants in salary grade 16 and above as of the grant date; for all other Participants, 25% of the Award shall vest on the date that is the first anniversary of the Grant Date; an additional 25% of the Award shall vest on the date that is the second anniversary of the Grant Date; an additional 25% of the Award shall vest on the date that is the third anniversary of the Grant Date; and the final 25% of the Award shall vest on the date that is the fourth anniversary of the Grant Date. Except as otherwise provided in the Agreement, if Participant ceases to be an employee of the Company or an Affiliate prior to any such Scheduled Vesting Date, the unvested portion of the Award will be immediately and irrevocably forfeited.
