Common use of Time Vesting Units Clause in Contracts

Time Vesting Units. Subject to the terms of this Agreement and the Plan, The Board hereby grant to the Participant ___ of Units ("time Vesting Units") that will vest on December 31, 2023, provided the Participant remains employed by the Company on the date, subject to earlier vesting as set forth in Paragraph 4.

Appears in 2 contracts

Sources: Employee Restricted Stock Unit Award Agreement (Nuvera Communications, Inc.), Employee Restricted Stock Unit Award Agreement (Nuvera Communications, Inc.)