Common use of Vesting of RSUs Clause in Contracts

Vesting of RSUs. The RSUs are subject to forfeiture until they vest. Except as otherwise provided herein, the RSUs will vest and become nonforfeitable as of the day the Performance Goal is satisfied as certified by the Compensation Committee in accordance with Section 3.2. The number of RSUs that vest and become payable under this Agreement shall be determined by the Compensation Committee based on the level of achievement of the Performance Goals set forth in Exhibit 1. Notwithstanding anything herein to the contrary, any unvested RSUs will expire on August 15, 2021.

Appears in 2 contracts

Samples: Restricted Share Unit Agreement (Gse Systems Inc), Restricted Share Unit Agreement (Gse Systems Inc)

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Vesting of RSUs. The RSUs are subject to forfeiture until they vest. Except as otherwise provided herein, the RSUs will vest and become nonforfeitable as of the day the Performance Goal is satisfied as certified by the Compensation Committee in accordance with Section 3.2. The number of RSUs that vest and become payable under this Agreement shall be determined by the Compensation Committee based on the level of achievement of the Performance Goals set forth in Exhibit 1. Notwithstanding anything herein to the contrary, any unvested RSUs will expire on August 15June 30, 2021.

Appears in 2 contracts

Samples: Restricted Share Unit Agreement (Gse Systems Inc), Restricted Share Unit Agreement (Gse Systems Inc)

Vesting of RSUs. The RSUs are subject to forfeiture until they vest. Except as otherwise provided herein, the RSUs will vest and become nonforfeitable as of the day the Performance Goal is satisfied as certified by the Compensation Committee Board of Directors in accordance with Section 3.2. The number of RSUs that vest and become payable under this Agreement shall be determined by the Compensation Committee Board of Directors based on the level of achievement of the Performance Goals Goal set forth in Exhibit 1. Notwithstanding anything herein to the contrary, any unvested RSUs will expire on August 15, 2021.

Appears in 1 contract

Samples: Restricted Share Unit Agreement (Gse Systems Inc)

Vesting of RSUs. The RSUs are subject to forfeiture until they vest. Except as otherwise provided herein, the RSUs will vest and become nonforfeitable as of the day the Performance Goal is satisfied as certified by the Compensation Committee Board of Directors in accordance with Section 3.2. The number of RSUs that vest and become payable under this Agreement shall be determined by the Compensation Committee Board of Directors based on the level of achievement of the Performance Goals set forth in Exhibit 1. Notwithstanding anything herein to the contrary, any unvested RSUs will expire on August 15June 30, 2021.

Appears in 1 contract

Samples: Restricted Share Unit Agreement (Gse Systems Inc)

Vesting of RSUs. The RSUs are subject to forfeiture until they are earned and vest. Except as otherwise provided herein, the RSUs will be earned, vest and become nonforfeitable as of the day both the Performance Goal is satisfied Goals and the Service Requirement are satisfied, as certified by the Compensation Committee Board of Directors in accordance with Section 3.23.1. The number of RSUs that vest and become payable under this Agreement shall be determined by the Compensation Committee Board of Directors based on the level of achievement of the Performance Goals set forth in Exhibit 1. Notwithstanding anything herein to the contrary, any unvested RSUs will expire on August 1524, 20212018.

Appears in 1 contract

Samples: Restricted Share Unit Agreement (Gse Systems Inc)

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Vesting of RSUs. The RSUs are subject to forfeiture until they vest. Except as otherwise provided herein, the RSUs will vest and become nonforfeitable as of the day the Performance Goal is satisfied as certified by the Compensation Committee Board of Directors in accordance with Section 3.2. The number of RSUs that vest and become payable under this Agreement shall be determined by the Compensation Committee Board of Directors based on the level of achievement of the Performance Goals Goal set forth in Exhibit 1. Notwithstanding anything herein to the contrary, any unvested RSUs will expire on August 15, 2021_.

Appears in 1 contract

Samples: Restricted Share Unit Agreement (Gse Systems Inc)

Vesting of RSUs. The RSUs are subject to forfeiture until they vest. Except as otherwise provided herein, the RSUs will vest and become nonforfeitable as of the day the Performance Goal is satisfied as certified by the Compensation Committee Board of Directors in accordance with Section 3.2. The number of RSUs that vest and become payable under this Agreement shall be determined by the Compensation Committee Board of Directors based on the level of achievement of the Performance Goals set forth in Exhibit 1. Notwithstanding anything herein to the contrary, any unvested RSUs will expire on August 15November 30, 2021.

Appears in 1 contract

Samples: Restricted Share Unit Agreement (Gse Systems Inc)

Vesting of RSUs. The RSUs are subject to forfeiture until they vest. Except as otherwise provided herein, the RSUs will vest and become nonforfeitable as of the day the Performance Goal is satisfied as certified by the Compensation Committee in accordance with Section 3.2. The number of RSUs that vest and become payable under this Agreement shall be determined by the Compensation Committee based on the level of achievement of the Performance Goals set forth in Exhibit 1. Notwithstanding anything herein to the contrary, any unvested RSUs will expire on August 15December 31, 20212022.

Appears in 1 contract

Samples: Restricted Share Unit Agreement (Gse Systems Inc)

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