Vesting of Awarded Units. (a) Unless otherwise determined by the Administrator, the Award shall vest in accordance with the following schedule (each date described below, a “Vesting Date”), if the Grantee is employed by the Company on the applicable Vesting Date.
Vesting of Awarded Units. Except as specifically provided in this Agreement and subject to certain restrictions and conditions set forth in the Plan, the Awarded Units shall become vested on the applicable Vesting Date (as defined on Exhibit A, attached hereto), based on the achievement of the performance goals and the terms and conditions set forth in Exhibit A, and rounded up or down to the nearest whole unit (the “Performance Vesting Conditions”). Any Awarded Units which have become vested pursuant to the terms of this Agreement are collectively referred to herein as “Vested PSUs,” and any Awarded Units that, at the particular time of determination, have not become vested in accordance with this Agreement shall be collectively referred to herein as “Non-Vested PSUs.”
Vesting of Awarded Units. Awarded Units which have become vested pursuant to the terms of this Section 3 are collectively referred to herein as “Vested Units.” All other Awarded Units are collectively referred to herein as “Unvested Units.” The Participant shall be eligible to receive an amount in cash with respect to the Vested Units in accordance with Section 4 below.
Vesting of Awarded Units. (a) Unless otherwise determined by the Administrator, the Award shall vest in accordance with the following schedule (each date described below, a “Vesting Date”), if the Grantee is employed by the Company on the applicable Vesting Date. Applicable Date Vesting Percentage December 31, 2016 20% Each quarter after December 31, 2016 5%
Vesting of Awarded Units. (a) Unless the Committee, in its sole and absolute discretion, determines that the acceleration of vesting is appropriate, the Performance Restrictions shall lapse and Awarded Units shall be earned and vest only upon both (1) the Committee’s certification of the results in (i) and (ii) below (including interpolation between the results, expressed as a percentage of the target except as otherwise noted below) and (2) the Grantee’s continued service through the last day of the Performance Period (except as otherwise provided in this Agreement in the events of death, Disability, Retirement, or a Change in Control). If those conditions are satisfied, the total number of Awarded Units will be equal to the sum of Awarded Units under subsections (i) and (ii) below.
Vesting of Awarded Units. (a) The Award shall vest in accordance with the following schedule (each date described below, a “Vesting Date”), if the Grantee is employed by the Company on the applicable Vesting Date. Three year cliff vesting as follows if, and only if, the 2017 409A enterprise valuation (as reflected in the report issued in Q1 2018) is:
Vesting of Awarded Units. (a) Except as otherwise provided in this Section 4, and subject to the continuous employment of Xxxx with the Employer, the Company or one of their respective Affiliates (each, a “Subject Entity”) through the applicable vesting date, the Unvested Awarded Units will vest and become non-forfeitable and will thereupon become “Vested Awarded Units” in equal annual installments over a four-year period commencing on the first anniversary of the Amendment Date, subject to the other terms and conditions of this Agreement (including Section 5) and the LLC Agreement.
Vesting of Awarded Units. Except as specifically provided in this Agreement and subject to certain restrictions and conditions set forth in the Plan, the Awarded Units shall vest as set forth below. Any Awarded Units which have become vested in accordance with this Section 3 shall be referred to as “Vested Units” and any Awarded Units that, at the particular time of determination, have not become vested in accordance with this Section 3 shall be referred to as “Non-Vested Units.” The Awarded Units shall vest as follows:
Vesting of Awarded Units. (a) The Awarded Units shall become Vested Class B Units under the LLC Agreement on the tenth anniversary of the Effective Date.
Vesting of Awarded Units. (a) Except as otherwise provided in this Section 4, up to one hundred percent (100%) of the Unvested Awarded Units shall become Vested Series B Units under the LLC Agreement (“
