Common use of Vesting of Restricted Share Units Clause in Contracts

Vesting of Restricted Share Units. The restrictions and conditions of Paragraph 1 of this Agreement shall lapse on the specified dates in the following schedule (each, a “Vesting Date”) so long as the Grantee remains an employee of the Company or any Subsidiary on such Vesting Date(s): in four equal annual installments commencing with the one-year anniversary of the Vesting Commencement Date. The Administrator may at any time accelerate the vesting schedule specified in this Paragraph 2.

Appears in 2 contracts

Samples: Restricted Share Unit Award Agreement for Company Employees (COMPASS Pathways PLC), Restricted Share Unit Award Agreement for Company Employees (COMPASS Pathways PLC)

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Vesting of Restricted Share Units. The restrictions and conditions of Paragraph 1 of this Agreement shall lapse on the Vesting Date or Dates specified dates in the following schedule (each, a “Vesting Date”) Appendix A so long as the Grantee remains an employee of the Company or any a Subsidiary on such Dates. If a series of Vesting Date(s): Dates is specified, then the restrictions and conditions in four equal annual installments commencing Paragraph 1 shall lapse only with respect to the one-year anniversary number of the Vesting Commencement DateRestricted Share Units specified as vested on such date. The Administrator may at any time accelerate the vesting schedule specified in this Paragraph 2Agreement.

Appears in 1 contract

Samples: 102 Share Option Agreement for Employees (Mimecast LTD)

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Vesting of Restricted Share Units. The restrictions and conditions of Paragraph 1 of this Agreement shall lapse on the date(s) specified dates in the following schedule (each, a the “Vesting Date”) so long as the Grantee remains has served continuously as an employee of the Company or any a Subsidiary until and on such dates. If a series of Vesting Date(s): Dates is specified, then the restrictions and conditions in four equal annual installments commencing Paragraph 1 shall lapse only with respect to the one-year anniversary number of the Vesting Commencement Date. The Administrator may at any time accelerate the vesting schedule Restricted Share Units specified in this Paragraph 2as vested on such date.

Appears in 1 contract

Samples: For Employees (BeiGene, Ltd.)

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