Common use of Time Vesting Clause in Contracts

Time Vesting. Subject to Sections 4(b), 4(c) and 5 below, the Restrictions set forth in Section 5 below will lapse and the Profits Interest Units will vest and become nonforfeitable in accordance with and subject to the time vesting schedule set forth on Exhibit A attached hereto, subject to the Participant’s continued status as a Service Provider through each applicable vesting date.

Appears in 3 contracts

Samples: Time Based Profits Interest Unit Agreement (Digital Realty Trust, L.P.), Time Based Profits Interest Unit Agreement (Digital Realty Trust, L.P.), Time Based Profits Interest Unit Agreement (Digital Realty Trust, L.P.)

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Time Vesting. Subject to Sections 4(b), 4(c) and 5 below4(d), the Restrictions set forth in Section 5 below will lapse and the Profits Interest Units will vest and become nonforfeitable in accordance with and subject to the time vesting schedule set forth on Exhibit A attached hereto, subject to the Participant’s continued status as a Service Provider through each applicable vesting date.

Appears in 3 contracts

Samples: Profits Interest Units Agreement (Vinebrook Homes Trust, Inc.), Form of Profits Interest Units Agreement (Vinebrook Homes Trust, Inc.), Profits Interest Units Agreement (Vinebrook Homes Trust, Inc.)

Time Vesting. Subject to Sections 4(b), 4(c) – (e) and 5 below, the Restrictions set forth in Section 5 below will lapse and the Profits Interest Units will vest and become nonforfeitable in accordance with and subject to the time vesting schedule set forth on Exhibit A attached hereto, subject to the Participant’s continued status as a Service Provider through each applicable vesting date.

Appears in 3 contracts

Samples: Time Based Profits Interest Unit Agreement (Digital Realty Trust, L.P.), Time Based Profits Interest Unit Agreement (Digital Realty Trust, L.P.), Based Profits Interest Unit Agreement (Digital Realty Trust, L.P.)

Time Vesting. Subject to Sections 4(b), 4(c) and 5 below, the Restrictions set forth in Section 5 below will lapse and the Profits Interest LTIP Units will vest and become nonforfeitable in accordance with and subject to the time vesting schedule set forth on Exhibit A attached hereto, subject to the Participant’s continued status as a Service Provider through each applicable vesting date.

Appears in 3 contracts

Samples: Time Based Ltip Unit Agreement (Xenia Hotels & Resorts, Inc.), Time Based Ltip Unit Agreement (Xenia Hotels & Resorts, Inc.), Time Based Ltip Unit Agreement (Workspace Property Trust)

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Time Vesting. Subject to Sections 4(b4(b),4(c), 4(c) and 5 below, the Restrictions set forth in Section 5 below will lapse and the Profits Interest Units will vest and become nonforfeitable in accordance with and subject to the time vesting schedule set forth on Exhibit A attached hereto, subject to the Participant’s continued status as a Service Provider through each applicable vesting date.

Appears in 1 contract

Samples: Time Based Profits Interest Unit Agreement (Digital Realty Trust, L.P.)

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