Common use of Time-Vesting RSUs Clause in Contracts

Time-Vesting RSUs. Fifty percent (50%) of the Restricted Stock Units shall be subject to time-vesting conditions (“TSUs”) and shall vest in accordance with the following schedule, subject to the Participant’s continued Service through each applicable vesting date, except as otherwise provided in this Section 2: Vesting Date Cumulative Vested Percentage First Anniversary of the Date of Grant 331⁄3% Second Anniversary of the Date of Grant 662⁄3% Third Anniversary of the Date of Grant 100%

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Amplify Energy Corp.), Restricted Stock Unit Award Agreement (Amplify Energy Corp.)

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Time-Vesting RSUs. Fifty percent (50%) of the Restricted Stock Units shall be subject to time-vesting conditions (“TSUs”) and shall vest in accordance with the following schedule, subject to the Participant’s continued Service through each applicable vesting date, except as otherwise provided in this Section 2: Vesting Date Cumulative Vested Percentage First Anniversary of the Date of Grant 331⁄3331⁄3 % Second Anniversary of the Date of Grant 662⁄3662⁄3 % Third Anniversary of the Date of Grant 100100 %

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Amplify Energy Corp)

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Time-Vesting RSUs. Fifty percent (50%) of the Restricted Stock Units shall be subject to time-vesting conditions (“TSUs”) and shall vest in accordance with the following schedule, subject to the Participant’s continued Service through each applicable vesting date, except as otherwise provided in this Section 2: Vesting Date Cumulative Vested Percentage First Anniversary of the Date of Grant 331⁄3% Second Anniversary of the Date of Grant 662⁄3% Third Anniversary of the Date of Grant 100%:

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Amplify Energy Corp)

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