Common use of Vesting and Settlement of RSUs Clause in Contracts

Vesting and Settlement of RSUs. (1) Subject to the Participant’s continued employment with the Company and/or its Affiliates (the “Company Group”) from the Date of Award until the applicable “Vesting Date” (as defined in the Award Summary) and compliance with, and subject to, the terms and conditions of this Award Agreement, the RSUs shall vest as set forth in the Award Summary.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Cit Group Inc), Restricted Stock Unit Award Agreement (Cit Group Inc)

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Vesting and Settlement of RSUs. (1) Subject to the Participant’s continued employment with the Company and/or its Affiliates (the “Company Group”) from the Date of Award until the applicable Vesting Date” Date (as defined in the Award Summarybelow) and compliance with, and subject to, the terms and conditions of this Award Agreement, one-third (33 1/3%) of the RSUs shall vest as set forth in the Award Summaryon March 1, 2017, March 1, 2018, and March 1, 2019 (each a “Vesting Date”).

Appears in 2 contracts

Samples: Cit Group Inc, Cit Group Inc

Vesting and Settlement of RSUs. (1) Subject to (A) the Participant’s continued employment with the Company and/or its Affiliates (the “Company Group”) from the Date of Award until the applicable Vesting Date” Date (as defined in the Award Summarybelow), (B) Section (B)(2) and (C) compliance with, and subject to, the terms and conditions of this Award Agreement, one-third (33 1/3%) of the RSUs shall vest as set forth in the Award Summaryon March 1, 2017, March 1, 2018, and March 1, 2019 (each a “Vesting Date”).

Appears in 2 contracts

Samples: Cit Group Inc, Cit Group Inc

Vesting and Settlement of RSUs. (1) Subject to the Participant’s continued employment with the Company and/or its Affiliates (the “Company Group”) from the Date of Award until the applicable Vesting Date” Date (as defined in the Award Summarybelow) and compliance with, and subject to, the terms and conditions of this Award Agreement, one-third (33 1/3%) of the RSUs shall vest as set forth in on each of the first, second and third anniversaries of the Date of Award Summary(each anniversary, a “Vesting Date”).

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Cit Group Inc), Restricted Stock Unit Award Agreement (Cit Group Inc)

Vesting and Settlement of RSUs. (1) Subject to the Participant’s continued employment with the Company and/or its Affiliates (the “Company Group”) from the Date of Award until the applicable Vesting Date” Date (as defined in the Award Summarybelow) and compliance with, and subject to, the terms and conditions of this Award Agreement, one-third (33 1/3%) of the RSUs shall vest as set forth in the Award Summaryon February 1, 2015, February 1, 2016, and February 1, 2017 (each a “Vesting Date”).

Appears in 1 contract

Samples: Cit Group Inc

Vesting and Settlement of RSUs. (1) Subject to (A) the Participant’s continued employment with the Company and/or its Affiliates any Subsidiary or affiliate (the “Company Group”) from the Date of Award until the applicable Vesting Date” Date (as defined in the Award Summarybelow), (B) Section (B)(2) and (C) compliance with, and subject to, the terms and conditions of this Award Agreement, one-third (33 1/3%) of the RSUs shall vest as set forth in the Award Summaryon March 1, 2021, March 1, 2022, and March 1, 2023 (each a “Vesting Date”).

Appears in 1 contract

Samples: Notice Period Agreement (Cit Group Inc)

Vesting and Settlement of RSUs. (1) Subject to (A) the Participant’s continued employment with the Company and/or its Affiliates (the “Company Group”) from the Date of Award until the applicable Vesting Date” Date (as defined in the Award Summarybelow), (B) Section (B)(2) and (C) compliance with, and subject to, the terms and conditions of this Award Agreement, one-third (33 1/3%) of the RSUs shall vest as set forth in the Award Summaryon February 1, 2015, February 1, 2016, and February 1, 2017 (each a “Vesting Date”).

Appears in 1 contract

Samples: Cit Group Inc

Vesting and Settlement of RSUs. (1) Subject to (A) the Participant’s continued employment with the Company and/or its Affiliates any Subsidiary or affiliate (the “Company Group”) from the Date of Award until the applicable “Vesting Date” (as defined in the Award Summary” that was delivered to the Participant by the Company), (B) Section (B)(2) and (C) compliance with, and subject to, the terms and conditions of this Award Agreement, the RSUs shall vest as set forth in the Award Summary.

Appears in 1 contract

Samples: Cit Group Inc

Vesting and Settlement of RSUs. (1) Subject to the Participant’s continued employment with the Company and/or its Affiliates (the “Company Group”) from the Date of Award until the applicable Vesting Date” Date (as defined in the Award Summarybelow) and compliance with, and subject to, the terms and conditions of this Award Agreement, one-third (33 1/3%) of the RSUs shall vest as set forth in the Award Summaryon February 1, 2016, February 1, 2017, and February 1, 2018 (each a “Vesting Date”).

Appears in 1 contract

Samples: Cit Group Inc

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Vesting and Settlement of RSUs. (1) Subject to (A) the Participant’s continued employment with the Company and/or its Affiliates any Subsidiary or affiliate (the “Company Group”) from the Date of Award until the applicable Vesting Date” Date (as defined in the Award Summarybelow), (B) Section (B)(2) and (C) compliance with, and subject to, the terms and conditions of this Award Agreement, one-third (33 1/3%) of the RSUs shall vest as set forth in the Award Summaryon l, l, and l (each a “Vesting Date”).

Appears in 1 contract

Samples: Award Agreement (Cit Group Inc)

Vesting and Settlement of RSUs. (1) Subject to (A) the Participant’s continued employment with the Company and/or its Affiliates (the “Company Group”) from the Date of Award until the applicable Vesting Date” Date (as defined in the Award Summarybelow), (B) Section (B)(2) and (C) compliance with, and subject to, the terms and conditions of this Award Agreement, one-third (33 1/3%) of the RSUs shall vest as set forth in the Award Summaryon February 1, 2017, February 1, 2018, and February 1, 2019 (each a “Vesting Date”).

Appears in 1 contract

Samples: Cit Group Inc

Vesting and Settlement of RSUs. (1) Subject to (A) the Participant’s continued employment with the Company and/or its Affiliates any Subsidiary or affiliate (the “Company Group”) from the Date of Award until the applicable Vesting Date” Date (as defined in the Award Summarybelow), (B) Section (B)(2) and (C) compliance with, and subject to, the terms and conditions of this Award Agreement, one-third (33 1/3%) of the RSUs shall vest as set forth in the Award Summaryon March 1, 2020, March 1, 2021, and March 1, 2022 (each a “Vesting Date”).

Appears in 1 contract

Samples: Notice Period Agreement (Cit Group Inc)

Vesting and Settlement of RSUs. (1) Subject to (A) the Participant’s continued employment with the Company and/or its Affiliates (the “Company Group”) from the Date of Award until the applicable Vesting Date” Date (as defined in the Award Summarybelow), (B) Section (B)(2) and (C) compliance with, and subject to, the terms and conditions of this Award Agreement, one-third (33 1/3%) of the RSUs shall vest as set forth in the Award Summaryon February 1, 2016, February 1, 2017, and February 1, 2018 (each a “Vesting Date”).

Appears in 1 contract

Samples: Cit Group Inc

Vesting and Settlement of RSUs. (1) Subject to (A) the Participant’s continued employment with the Company and/or its Affiliates any Subsidiary or affiliate (the “Company Group”) from the Date of Award until the applicable Vesting Date” Date (as defined in the Award Summarybelow), (B) Section (B)(2) and (C) compliance with, and subject to, the terms and conditions of this Award Agreement, one-third (33 1/3%) of the RSUs shall vest as set forth in the Award Summaryon March 1, 2019, March 1, 2020, and March 1, 2021 (each a “Vesting Date”).

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Cit Group Inc)

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