Common use of Time-Based Vesting Clause in Contracts

Time-Based Vesting. Subject to Section 3 and Section 6 of this Agreement, <<Vest1>> RSUs shall vest on <<Vest1Date>>; <<Vest2>> RSUs shall vest on <<Vest2Date>>; <<Vest3>> RSUs shall vest on <<Vest3Date>>, for a total of [Number of Shares Granted] RSUs. Each such date shall be referred to as a "Vesting Date". Each period between the Grant Date and a Vesting Date shall be referred to as a "Vesting Period".

Appears in 3 contracts

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

Time-Based Vesting. Subject to Section 3 and Section 6 of this Agreement, <<Vest1>> RSUs shall vest on <<Vest1Date>>; <<Vest2>> RSUs shall vest on <<Vest2Date>>; <<Vest3>> RSUs shall vest on <<Vest3Date>>, for a total of [Number of Shares Granted] RSUsRSUs1. Each such date shall be referred to as a "“Vesting Date"”. Each period between the Grant Date and a Vesting Date shall be referred to as a "“Vesting Period"”.

Appears in 1 contract

Sources: Time Based Restricted Stock Unit Award Agreement (Celanese Corp)

Time-Based Vesting. Subject to Section 3 and Section 6 of this Agreement, <<Vest1>> «Number_Units__33» RSUs shall vest on <<Vest1Datevesting 1>>; <<Vest2>> «Number_Units__33» RSUs shall vest on <<Vest2Datevesting 2>>; <<Vest3>> and «Number_Units__34» RSUs shall vest on <<Vest3Date>vesting 3>, for a total of [Number of Shares Granted] <<Units>> RSUs. Each such date shall be referred to as a "“Vesting Date"”. Each period between the Grant Date and a Vesting Date shall be referred to as a "“Vesting Period"”.

Appears in 1 contract

Sources: Time Based Restricted Stock Unit Award Agreement (Celanese Corp)

Time-Based Vesting. Subject to Section 3 and Section 6 of this Agreement, <<Vest1>> RSUs shall vest on [<<Vest1DateVest1>>; <<Vest2>> RSUs shall vest on <<Vest2DateVest2>>; <<Vest3>> RSUs shall vest on <<Vest3DateVest3>>, for a total of <<RSUs>> RSUs]1 For time-based awards. [Number of Shares Granted] RSUs. <<Vesting Date>>]2 For cliff-vesting awards.. Each such date shall be referred to as a "Vesting Date". Each period between the Grant Date and a Vesting Date shall be referred to as a "Vesting Period".

Appears in 1 contract

Sources: Time Based Restricted Stock Unit Award Agreement (Celanese Corp)

Time-Based Vesting. Subject to Section 3 and Section 6 of this Agreement, <<Vest1>> «Number_Units__33» RSUs shall vest on <<Vest1Datevesting 1>>; <<Vest2>> «Number_Units__33» RSUs shall vest on <<Vest2Datevesting 2>>; <<Vest3>> and «Number_Units__34» RSUs shall vest on <<Vest3Datevesting 3>>, for a total of [Number of Shares Granted] RSUs. Each such date shall be referred to as a "“Vesting Date"”. Each period between the Grant Date and a Vesting Date shall be referred to as a "“Vesting Period"”.

Appears in 1 contract

Sources: Time Vesting Restricted Stock Unit Award Agreement (Celanese Corp)

Time-Based Vesting. Subject to Section 3 and Section 6 of this Agreement, <<Vest1>> RSUs shall vest on [<<Vest1DateVest1>>; <<Vest2>> RSUs shall vest on <<Vest2DateVest2>>; <<Vest3>> RSUs shall vest on <<Vest3DateVest3>>, for a total of <<RSUs>> RSUs]1 [Number of Shares Granted] RSUs<<Vesting Date>>]2 . Each such date shall be referred to as a "“Vesting Date"”. Each period between the Grant Date and a Vesting Date shall be referred to as a "“Vesting Period"”.

Appears in 1 contract

Sources: Time Based Restricted Stock Unit Award Agreement (Celanese Corp)

Time-Based Vesting. Subject to Section 3 4 and Section 6 7 of this Agreement, <<Vest1>> «Number_Units» RSUs shall vest on <<Vest1Datevesting 1>>; <<Vest2>> «Number_Units» RSUs shall vest on <<Vest2Datevesting 2>>; <<Vest3>> and «Number_Units» RSUs shall vest on <<Vest3Datevesting 3>>, for a total of [Number of Shares Granted] RSUs. Each such date shall be referred to as a "“Vesting Date"”. Each period between the Grant Date and a Vesting Date shall be referred to as a "“Vesting Period"”.

Appears in 1 contract

Sources: Time Vesting Restricted Stock Unit Award Agreement (Celanese Corp)