Vested Ratio Sample Clauses

Vested Ratio. Prior to ______ anniversary of Vesting Start Date 0 On _______ anniversary of Vesting Start Date (the “Initial Vesting Date”) ____ Plus For each additional period of ________ of the Participant’s Service from the Initial Vesting Date until the Vested Ratio equals 1/1, an additional ____ Accelerated Vesting: Notwithstanding any other provision contained in this Grant Notice or the Restricted Stock Units Agreement, the total Number of Units shall become Vested Units immediately prior to, but conditioned upon, the occurrence of either (i) the consummation of a Change in Control in which the Acquiror elects not to assume or continue in full force and effect the Company’s rights and obligations under all of the Award or substitute for all of the Award in connection with the Change in Control a substantially equivalent Award for the Acquiror’s stock, provided that the Participant’s Service has not terminated prior to the date of the Change in Control or (ii) the cessation of the Participant’s Service as a result of a Termination After Change in Control and where in connection with such Change in Control the Acquiror has so assumed, continued or substituted for all of the Award. Superseding Agreement: None By their signatures below or by electronic acceptance or authentication in a form authorized by the Company, the Company and the Participant agree that the Award is governed by this Grant Notice and by the provisions of the Restricted Stock Units Agreement and the Plan, both of which are made a part of this document, and by the Superseding Agreement, if any. The Participant acknowledges that copies of the Plan, the Restricted Stock Units Agreement and the prospectus for the Plan are available on the Company’s internal web site and may be viewed and printed by the Participant for attachment to the Participant’s copy of this Grant Notice. The Participant represents that the Participant has read and is familiar with the provisions of the Restricted Stock Units Agreement and the Plan, and hereby accepts the Award subject to all of their terms and conditions. Q2 HOLDINGS, INC. PARTICIPANT By: [officer name] Signature [officer title] Date Address: Address ATTACHMENTS: 2014 Equity Incentive Plan, as amended to the Date of Grant; Restricted Stock Units Agreement and Plan Prospectus Q2 HOLDINGS, INC. RESTRICTED STOCK UNITS AGREEMENT (For Nonemployee Directors) Q2 Holdings, Inc. has granted to the Participant named in the Notice of Grant of Restricted Stock Units (the “G...
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Vested Ratio. On the 60th day following the end of the first successive four fiscal quarters of the Company in which the Company achieves EBITDA of $[***]. 1/3 On the 60th day following the end of the first successive four fiscal quarters of the Company in which the Company achieves EBITDA of $[***], an additional 1/3 On the 60th day following the end of the first successive four fiscal quarters of the Company in which the Company achieves EBITDA of $[***], an additional 1/3
Vested Ratio. Prior to ______ anniversary of Vesting Start Date 0 On _____ anniversary of Vesting Start Date (the “Initial Vesting Date”) ___
Vested Ratio. For each period of 3 full months of the Participant’s Service from the Initial Vesting Date until the Vested Ratio equals 1/1, 1/16 Superseding Agreement: None By their signatures below or by electronic acceptance or authentication in a form authorized by the Company, the Company and the Participant agree that the Award is governed by this Grant Notice and by the provisions of the Restricted Stock Units Agreement and the Plan, both of which are made a part of this document, and by the Superseding Agreement, if any. The Participant acknowledges that copies of the Plan, the Restricted Stock Units Agreement and the prospectus for the Plan are posted to the participant’s online account through the Company designated stock compensation administration provider and may be viewed and printed by the Participant for attachment to the Participant’s copy of this Grant Notice. The Participant represents that the Participant has read and is familiar with the provisions of the Restricted Stock Units Agreement and the Plan, and hereby accepts the Award subject to all of their terms and conditions.
Vested Ratio. Prior to Initial Vesting Date 0% On Initial Vesting Date, provided the Participant’s Service has not terminated prior to such date 33% On each subsequent anniversary of the Initial Vesting Date, provided the Participant’s Service has not terminated prior to such date 33% By their signatures below, the Company and the Participant agree that the Award is governed by this Grant Notice and by the provisions of the Plan and the Restricted Stock Agreement attached to and made a part of this document. The Participant acknowledges receipt of a copy of the Plan and the Restricted Stock Agreement, and represents that the Participant has read and is familiar with the provisions of the Plan, this Grant Notice and the Restricted Stock Agreement, and hereby accepts the Award subject to all applicable terms and conditions. XXX, INC. PARTICIPANT By: Signature Its: Date Address Address ATTACHMENTS: XXX, Inc. 2007 Equity Incentive Plan, Restricted Stock Agreement; Joint Escrow Instructions; Assignment Separate from Certificate XXX, INC. TIME SENSITIVE MATERIAL YOUR IMMEDIATE ATTENTION IS REQUIRED TO: [Employee Name] FROM: [Company Officer] DATE: RE: Section 83(b) Election in Connection with Your Receipt of a Restricted Stock Award YOUR RESTRICTED STOCK AWARD GRANT DATE:
Vested Ratio. Prior to first anniversary of Vesting Start Date 0 On first anniversary of Vesting Start Date (the “Initial Vesting Date”) 1/4
Vested Ratio. Prior to Initial Vesting Date 0 On Initial Vesting Date, provided 1/3 the Optionee's Service is continuous from the Date of Option Grant until the Initial Vesting Date For each full year of the 1/3 Optionee's continuous Service from the Initial Vesting Date until the Vested Ratio equals 1/1, an additional
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Vested Ratio. On the Grant Date On the Initial Vesting Date Plus: For each month of the Optionee's continuous Service from the Initial Vesting Date until the Vested Ratio equals 1/1, an additional By their signatures below, the Company and the Optionee agree that the Option is governed by this Notice and by the provisions of the Plan and the Stock Option Agreement. A copy of the Stock Option Agreement is attached to and made a part of this document. The Optionee acknowledges receipt of a copy of the Stock Option Agreement, represents that the Optionee has read and is familiar with the Plan and the provisions of the Stock Option Agreement, and hereby accepts the Option subject to all of their terms and conditions. SCOLR Pharma, Inc. OPTIONEE By: ______________________________ _______________________________ Signature Its: _____________________________ ________________________________ Date Address: _________________________ ________________________________ Address __________________________________ ________________________________ ATTACHMENTS: Stock Option Agreement and Exercise Notice
Vested Ratio. (ii) Prior to Initial Vesting Date 0 On Initial Vesting Date, 1/4 provided the Optionee has continuously served as a director of the Company from the date the Option was granted until the Initial Vesting Date.

Related to Vested Ratio

  • Quick Ratio A ratio of Quick Assets to Current Liabilities of at least 2.00 to 1.00.

  • Minimum Interest Coverage Ratio The Borrowers shall not permit the Interest Coverage Ratio, calculated as of the end of each fiscal quarter for the four fiscal quarters then ended, to be less than 3.50 to 1.00.

  • Total Net Leverage Ratio Maintain as of the end of each fiscal quarter, a Total Net Leverage Ratio for Quantum and its Subsidiaries, on a consolidated basis, of not greater than the ratio set forth below for each four (4) consecutive fiscal quarter period then ended set forth below: Fiscal Quarter Ending Maximum Total Net Leverage Ratio September 30, 2021 4.25:1.00 December 31, 2021 4.25:1.00 March 31, 2022 Not Tested June 30, 2022 3.50:1.00 September 30, 2022 3.50:1.00 December 31, 2022 3.50:1.00 March 31, 2023 3.50:1.00 June 30, 2023 3.00:1.00 September 30, 2023 3.00:1.00 December 31, 2023 3.00:1.00 March 31, 2024 3.00:1.00 June 30, 2024 3.00:1.00 September 30, 2024 3.00:1.00 December 31, 2024 3.00:1.00 March 31, 2025 3.00:1.00 June 30, 2025 3.00:1.00 December 31, 2025 and each fiscal quarter ending thereafter 3.00:1.00”

  • Ratio So long as a full-time position exists there will be no splitting of that position into two or more part-time positions without the agreement of the Union, such agreement not to be unreasonably withheld.

  • Total Debt to EBITDA Ratio Not permit the Total Debt to EBITDA Ratio as of the last day of any Four Fiscal Quarter Computation Period, commencing with the Four Fiscal Quarter Computation Period ending September 30, 2010, to exceed 3.00 to 1.0.

  • Interest Coverage Ratio The Borrower will not permit the Interest Coverage Ratio to be less than 2.75 to 1.0 on the last day of any Fiscal Quarter.

  • Funded Debt to EBITDA Ratio A. Funded Debt

  • Total Leverage Ratio The Borrowers will not permit the Total Leverage Ratio on the last day of any fiscal quarter to exceed 3.75 to 1.00.

  • Maximum Leverage Ratio As of the last day of each fiscal quarter, the Borrower shall not permit the ratio (the "Leverage Ratio") of (i) Consolidated Funded Indebtedness to (ii) EBITDA of the Borrower and its Subsidiaries, as at the end of and for the period of four consecutive fiscal quarters ending on such day, to be greater than (i) 2.00 to 1.00.

  • Capitalization Ratio The Borrower will not permit its Capitalization Ratio to exceed 0.50 to 1.00 as of the end of any fiscal quarter or fiscal year end.

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