Common use of Vesting of Award Shares Clause in Contracts

Vesting of Award Shares. (a) Twenty-five percent (25%) of the Award Shares (rounded to the nearest whole number) automatically will vest in Grantee on each of the first four (4) anniversaries of the Award Date (each such anniversary being referred to in this Agreement as a “Vesting Date”); provided, however, that no Award Shares shall vest in Grantee on a particular Vesting Date unless Grantee has been continuously employed by the Company from the Award Date until such Vesting Date.

Vesting of Award Shares. (a) TwentyOne-five percent third (25%1/3) of the Award Shares (rounded to the nearest whole number) automatically will vest in Grantee on each of the first four three (43) anniversaries of the Award Date (each such anniversary being referred to in this Agreement as a “Vesting Date”); provided, however, that no Award Shares shall vest in Grantee on a particular Vesting Date unless Grantee has been continuously employed by the Company from the Award Date until such Vesting Date.

Vesting of Award Shares. (a) Twenty-five percent (25%) of the Award Shares (rounded to the nearest whole number) automatically will vest in Grantee on each of the first four (4) anniversaries of the Award Date (each such anniversary being referred to in this Agreement as a “Vesting Date”); provided, however, that except as otherwise provided in Section 15, no Award Shares shall will vest in Grantee on a particular Vesting Date unless Grantee has been continuously employed by the Company from the Award Date until such Vesting Date.

Vesting of Award Shares. (a) Twenty-five percent (25%) of the The Award Shares (rounded to the nearest whole number) automatically will vest in Grantee on each of the first four (4) anniversaries anniversary of the Award Date (each such anniversary being referred to in this Agreement as a the “Vesting Date”); provided, however, that no Award Shares shall vest in Grantee on a particular the Vesting Date unless Grantee has been continuously employed by served as a member of the Board of Directors of the Company from the Award Date until such the Vesting Date.

Vesting of Award Shares. (a) Twenty-five XXXXX percent (25%XX%) of the Award Shares (rounded to the nearest whole number) automatically will vest in Grantee on each of the “Vesting Date” (either defined as each of the first four (4) X anniversaries of the Award Date (or each such anniversary being referred to in this Agreement the agreement as a “the Vesting Date”); provided, however, that except as otherwise provided in Section 3, no Award Shares shall will vest in Grantee on a particular Vesting Date unless Grantee has been continuously employed by the Company from the Award Date until such Vesting Date.

Vesting of Award Shares. (a) Twenty-five percent XXXXX (25%XX%) of the Award Shares (rounded to the nearest whole number) number automatically will vest in Grantee on each of the first four XXXXX (4X) anniversaries of the Award Date (each such anniversary being referred to in this Agreement as a “Vesting Date”); provided, however, that no Award Shares shall vest in Grantee on a particular Vesting Date unless Grantee has been continuously employed by the Company from the Award Date until such Vesting Date.