Vesting of Deferred Stock Units. (a) The Deferred Stock Units shall become vested on the fourth anniversary of the Date of Grant, which such date will be (the “Vesting Date”), if the Grantee shall have remained in the continuous employ of the Company or a Subsidiary during that four-year period. Any Deferred Stock Units not vested will be forfeited, except as provided in Article II, Section 3(b) below. Deferred Stock Units may also be forfeited in the event the Committee determines the Grantee has engaged in Detrimental Activity as such term is defined in the Plan.
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Samples: Deferred Stock Units Agreement (Smucker J M Co), Deferred Stock Units Agreement (Smucker J M Co)
Vesting of Deferred Stock Units. (a) The Deferred Stock Units shall become vested on the fourth anniversary of the Date of Grant, which such date will be Grant (the “Vesting Date”), if the Grantee shall have remained in the continuous employ of the Company or a Subsidiary during that four-year period. Any Deferred Stock Units not vested will be forfeited, except as provided in Article II, Section 3(b) below. Deferred Stock Units may also be forfeited in the event the Committee determines the Grantee has engaged in Detrimental Activity as such term is defined in the Plan.
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Vesting of Deferred Stock Units. (a) The Deferred Stock Units shall become vested on the fourth anniversary of the Date of Grant, which such date will be __________ (the “Vesting Date”), if the Grantee shall have remained in the continuous employ of the Company or a Subsidiary during that four-year period. Any Deferred Stock Units not vested will be forfeited, except as provided in Article II, Section 3(b) below. Deferred Stock Units may also be forfeited in the event the Committee determines the Grantee has engaged in Detrimental Activity as such term is defined in the Plan.
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