Common use of Vesting Period Clause in Contracts

Vesting Period. Provided the Participant continues to perform services (whether as an employee or Trustee) for the Company, any of its Subsidiaries, or Affiliates through the third anniversary of the Date of Grant, this Option shall vest and be exercisable, as to one-third of the total Shares covered by the Option, each year over a three year period, with the first one-third vesting on the first anniversary of the Date of Grant, the second one-third vesting on the second anniversary of the Date of Grant, and the third one-third vesting on the third anniversary of the Date of Grant.

Appears in 3 contracts

Samples: Option Award Agreement (Glimcher Realty Trust), Option Award Agreement (Glimcher Realty Trust), Option Award Agreement (Glimcher Realty Trust)

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Vesting Period. Provided the Participant continues to perform services (whether as an employee or Trustee) for the Company, any of its Subsidiaries, or Affiliates through the third anniversary of the Date of Grant, this This Option shall vest and be exercisableexercisable (immediately if Trustee), as to one-third of the total Shares covered by the Option, each year over a three year period, with the first one-third vesting on the first anniversary of the Date date of Grantgrant, the second one-third vesting on the second anniversary of the Date date of Grantgrant, and the third one-third vesting on the third anniversary of the Date date of Grantgrant.

Appears in 2 contracts

Samples: Option Award Agreement (Glimcher Realty Trust), Option Award Agreement (Glimcher Realty Trust)

Vesting Period. Provided the Participant continues to perform services (whether as an employee or Trustee) for the Company, any of its Subsidiaries, or Affiliates through the third anniversary of the Date of Grant, this This Option shall vest and be exercisable, as to one-third of the total Shares covered by the Option, each year over a three year period, with the first one-third vesting on the first anniversary of the Date date of Grantgrant, the second one-third vesting on the second anniversary of the Date date of Grantgrant, and the third one-third vesting on the third anniversary of the Date date of Grant.grant.(1)

Appears in 1 contract

Samples: Option Award Agreement (Glimcher Realty Trust)

Vesting Period. Provided the Participant continues to perform services (whether as an employee or Trustee) for the Company, any of its Subsidiaries, or Affiliates through the third anniversary of the Date of Grant, this Option shall vest and be exercisableexercisable (immediately if Trustee), as to one-third of the total Shares covered by the Option, each year over a three year period, with the first one-third vesting on the first anniversary of the Date of Grant, the second one-third vesting on the second anniversary of the Date of Grant, and the third one-third vesting on the third anniversary of the Date of Grant.

Appears in 1 contract

Samples: Option Award Agreement (Glimcher Realty Trust)

Vesting Period. Provided the Participant continues to perform services (whether as an employee or Trustee) for the Company, any of its Subsidiaries, or Affiliates through the third anniversary of the Date of Grant, this This Option shall vest and be exercisable, exercisable [immediately as of the date of grant](2) [,as to one-third of the total Shares covered by the Option, each year over a three year period, with the first one-third vesting on the first anniversary of the Date date of Grantgrant, the second one-third vesting on the second anniversary of the Date date of Grantgrant, and the third one-third vesting on the third anniversary of the Date date of Grant.grant].(3)

Appears in 1 contract

Samples: Option Award Agreement (Glimcher Realty Trust)

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Vesting Period. Provided the Participant continues to perform services (whether as an employee or Trustee) for the Company, any of its Subsidiaries, or Affiliates through the third anniversary of the Date of Grant, this This Option shall vest and be exercisable, as to one-third of the total Shares covered by the Option, each year over a three year period, with the first one-third vesting on the first anniversary of the Date date of Grantgrant, the second one-third vesting on the second anniversary of the Date date of Grantgrant, and the third one-third vesting on the third anniversary of the Date date of Grant.grant.3

Appears in 1 contract

Samples: Option Award Agreement (Glimcher Realty Trust)

Vesting Period. Provided the Participant continues to perform services (whether as an employee or Trustee) for the Company, any of its Subsidiaries, or Affiliates through the third anniversary of the Date of Grant, this This Option shall vest and be exercisable, as to one-third of the total Shares covered by the Option, each year over a three year period, with the first one-third vesting on the first anniversary of the Date date of Grantgrant, the second one-third vesting on the second anniversary of the Date date of Grantgrant, and the third one-third vesting on the third anniversary of the Date date of Grant.grant.(2)

Appears in 1 contract

Samples: Option Award Agreement (Glimcher Realty Trust)

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