Common use of Vesting of Restricted Share Units Clause in Contracts

Vesting of Restricted Share Units. (a) Except as otherwise provided in this Agreement, a number of Restricted Share Units equal to the Performance-Earned Units (determined in accordance with Exhibit A) shall become nonforfeitable on the third anniversary of the Date of Grant (the “Vesting Date”), unless earlier forfeited in accordance with Section 5.

Appears in 5 contracts

Samples: Restricted Share Unit Agreement (Harman International Industries Inc /De/), Restricted Share Unit Agreement (Harman International Industries Inc /De/), Restricted Share Unit Agreement (Harman International Industries Inc /De/)

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Vesting of Restricted Share Units. (a) Except as otherwise provided in this Agreement, a number of the Restricted Share Units equal to the Performance-Earned Units (determined in accordance with Exhibit A) shall become nonforfeitable on the third anniversary of the Date of Grant (the “Vesting Date”), unless earlier forfeited in accordance with Section 5.

Appears in 3 contracts

Samples: Restricted Share Unit Agreement (Harman International Industries Inc /De/), Restricted Share Unit Agreement (Harman International Industries Inc /De/), Restricted Share Unit Agreement (Harman International Industries Inc /De/)

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Vesting of Restricted Share Units. (a) Except as otherwise provided in this Agreement, a number one-third of the Restricted Share Units equal to the Performance-Earned Units (determined in accordance with Exhibit A) shall become nonforfeitable on each of the third anniversary first three anniversaries of the Date of Grant (the each applicable date, a “Vesting Date”), unless earlier forfeited in accordance with Section 5.

Appears in 3 contracts

Samples: Restricted Share Unit Agreement (Harman International Industries Inc /De/), Restricted Share Unit Agreement (Harman International Industries Inc /De/), Restricted Share Unit Agreement (Harman International Industries Inc /De/)

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