Vesting of Mutual Fund Award Sample Clauses

Vesting of Mutual Fund Award. (a) Except as otherwise provided herein, in the Plan, by the Compensation Committee (the "Committee") and/or the applicable employment agreement (if any), the Mutual Fund Award will become vested and no longer subject to any restriction on the vesting dates indicated below. However, in the event that a vesting date occurs on a day when the New York Stock Exchange is closed, then such vesting date will be on the first business day following, provided that you are providing Services (defined below) to the Company or one of its Consolidated Subsidiaries [and subject to the satisfaction of applicable Section 162(m) performance criteria, if any, as established by the Committee]: [Vesting Schedule]
Sample 1
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Vesting of Mutual Fund Award. (a) Except as otherwise provided herein, in the Plan, by the Compensation Committee (the "Committee") and/or the applicable employment agreement (if any), the Mutual Fund Award will become vested and no longer subject to any restriction on the vesting dates indicated below, provided that Participant is providing Services (defined below) to the Company or one of its Consolidated Subsidiaries [and subject to the satisfaction of applicable Section 162(m) performance criteria, if any as established by the Committee]. However, in the event that a vesting date occurs on a day when the New York Stock Exchange is closed, then such vesting date will be on the next business day. Vesting Dates Percentage Vested [Vesting Schedule]
Sample 1

Related to Vesting of Mutual Fund Award

  • Vesting of Option The Option shall be 100% vested upon the date of grant.

  • Vesting of Equity Awards Notwithstanding the provisions of any plan or agreement governing such an Award (as defined in Section 4(c)), all Awards granted to you that remain outstanding and unvested immediately prior to the occurrence of a Change in Control (as defined in Section 4(d)(i)) automatically shall vest in full upon the occurrence of the Change in Control.

  • Vesting of the Award Except as otherwise provided in Section 3 and Section 5 below, the Restricted Stock Units will vest at such times (the "Vesting Date") and in the percentages set forth below, as long as the Grantee is serving as an employee of the Company on the Vesting Date. Vesting Date Award Percentage of Restricted Stock Units One Year from Grant Date Two Years from Grant Date Three Years from Grant Date 33% 33% 34% The Company shall issue one share of Stock to the Grantee in settlement of each vested Restricted Stock Unit (the "Distributed Shares") at the time the Restricted Stock Unit vests pursuant to any provision of this Agreement. The Distributed Shares shall be represented by a certificate or by a book-entry.

  • Vesting of Options The Option shall vest (become exercisable) in accordance with the vesting schedule shown on page 1 of this Award Agreement. Notwithstanding the vesting schedule on page 1, the Option will also vest and become exercisable:

  • Vesting of LTIP Units The restrictions and conditions in Sections 2(b) and 2(c) of this Agreement shall lapse with respect to the LTIP Units granted herein in the amounts and on the Vesting Dates specified below: Portion of Award to Vest Vesting Date 33.33% [Grant Date,] 2017 33.33% [Grant Date,] 2018 33.33% [Grant Date,] 2019 Total: 100% of Award

  • Vesting of Award Subject to Section 2(b) below and the other terms and conditions of this Agreement, this Award shall become vested in three equal annual installments on the first, second and third anniversaries of the date hereof. Unless otherwise provided by the Company, all dividends and other amounts receivable in connection with any adjustments to the Shares under Section 4(c) of the Plan shall be subject to the vesting schedule in this Section 2(a).

  • Share Award The Corporation hereby awards the Employee Shares (Shares) of Common Stock, par value $1.50 per share (Common Stock) of the Corporation pursuant to the 2007 Viad Corp Omnibus Incentive Plan (Plan), subject to the terms, conditions, and restrictions of such Plan and as hereinafter set forth.

  • Vesting of Shares The shares acquired hereunder shall vest in accordance with the provisions of this Paragraph 7 and applicable provisions of the Plan, as follows:

  • Incentive Award The three (3) year rolling average of earnings growth and Return On Equity (the "XXX") and determined as of December 31 of each plan year shall determine the Director's Incentive Award Percentage, in accordance with the attached Schedule A. The chart on Schedule A is specifically subject to change annually at the sole discretion of the Company's Board of Directors. The Incentive Award is calculated annually by taking the Director's Annual Fees for the Plan Year in which the XXX and Earnings Growth was calculated times the Incentive Award Percentage.

  • Performance Share Award If your Award includes a Performance Share Award, and you voluntarily terminate your employment prior to the end of the Performance Period, you will forfeit your entire Performance Share Award. 

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