Vesting Rules. The following rules apply in connection with determining whether the EBITDA Targets set forth in the table above (as they may be adjusted as described above) have been satisfied with respect to the Option:
Vesting Rules. Your ability to receive a payment in respect of an RSU will depend upon the vesting provisions associated with the RSU. Subject to the Tax Deferral Opportunity discussion set forth in (4), below, your RSU’s will be paid to you as they become vested. In the event that you terminate employment for any reason other than (i) death, (ii) disability, (iii) retirement or (iv) a termination after a Change-in-Control of the Company (as defined in the Standard Terms and Conditions) for any reason other than for Cause (as defined in the Standard Terms and Conditions) or voluntary resignation by the Participant, all of your previously unvested RSU’s will be forfeited. If you were to terminate employment for one of the four reasons set forth above, your previously unvested RSU’s would become fully vested as of the date of the termination of employment and, subject to the deferral features set forth below, you will receive a payment in respect of the RSU’s based upon their value at the time of your termination of employment. If you are a “key employee”, as defined in applicable Federal tax law, the Company shall be entitled to defer payment to you for six months following the date of your termination of employment. If you have not terminated employment, your RSU’s will be subject to the following vesting schedule: % of RSU’s Date of Termination Vested On or before 0 % On or after but before 25 % On or after but before 50 % On or after but before 75 % On or after 100 %
Vesting Rules. (See Article 4 of the BPD)
Vesting Rules. Your ability to receive a payment in respect of an RSU will depend upon the vesting provisions associated with the RSU. Subject to the Tax Deferral Opportunity discussion set forth in Section (4) below, your RSU’s will be paid to you as they become vested. In the event that you terminate employment or are no longer in the service of the Company for any reason other than (i) death while in the employ of the Company or any Subsidiary or serving as a member of the Board, (ii) on account of Total and Permanent Disablement, or (iii) a termination of employment within one year after a Change of Control of the Company (as such terms are defined in the Standard Terms and Conditions or the Plan) for any reason other than for Cause (as defined in the Standard Terms and Conditions), Retirement or voluntary resignation by the Participant, all of your then-unvested RSU’s will be forfeited. If your employment or service with the Company was terminated for one of the three reasons set forth above, your then-unvested RSU’s would become fully vested as of the date of the termination of employment or service and, subject to the deferral features set forth below, you would receive a payment in respect of the RSU’s based upon their value at the time of your termination of employment or service. Your RSU’s will be subject to the following vesting schedule: Anniversary of the Grant Date % of RSU’s to Vest % % % %
Vesting Rules. Vesting: [Plan Sec. 10.2(e)] N.1. A Participant will at all times be fully – 100% – vested in all of his/her Contribution Accounts.
Vesting Rules. Notwithstanding the requirements of the Vesting Schedule and Paragraph D. above, the Employees shall become 100% vested in the Restricted Shares if the Employee provides continuous services to the Company and/or any Affiliate following the Grant Date through the date of any of the earlier events listed below:
Vesting Rules. Your ability to receive a payment in respect of an RSU will depend upon the vesting provisions associated with the RSU. Your RSUs will be paid to you as they become vested as set forth below in the Standard Terms and Conditions. Except as specifically set forth in this Agreement, in the event that you terminate employment or are no longer in the service of the Company for any reason, all of your then-unvested RSUs will be forfeited. Your RSUs will vest pursuant to the Vesting Schedule attached hereto. By executing this Agreement, you hereby agree that the grant of your RSU award is subject to all the provisions of Plan, the Vesting Schedule, and to the Standard Terms and Conditions. Should you have any questions with respect to this document or the rules pertaining to the RSU, please contact a Company representative. THE ADVISORY BOARD COMPANY PARTICIPANT By: By: Name: Name: Title: Address: THE ADVISORY BOARD COMPANY STANDARD TERMS AND CONDITIONS FOR INDUCEMENT RESTRICTED STOCK UNITS These Standard Terms and Conditions apply to any Award of Restricted Stock Units granted to a Participant under The Advisory Board Company Inducement Stock Incentive Plan for Xxxxxx Employees (the “Plan”), which are evidenced by an Award Agreement for Restricted Stock Units or an action of the Administrator that specifically refers to these Standard Terms and Conditions. Certain capitalized terms not otherwise defined herein are defined in the Plan.
Vesting Rules. (See Article 4 of the BPD) v Complete this Part 6 only if the Employer has elected to make Employer Matching Contributions under Part 4B or Employer Nonelective Contributions under Part 4C. Section 401(k) Deferrals, Employee After-Tax Contributions, QMACs, QNECs, Safe Harbor Contributions, and Rollover Contributions are always 100% vested. (See Section 4.2 of the BPD for the definitions of the various vesting schedules.)
Vesting Rules. The Employee shall continue to have the opportunity to vest in Restricted Shares so long as the Employee remains in the continuous service of the Company and its Affiliates without incurring a Termination of Employment or, if earlier, until . Notwithstanding the requirements of the Performance-Based Vesting Schedule, the Performance Goals will be deemed satisfied as to all of the Restricted Shares if the Employee provides continuous services to the Company and/or any Affiliate following the Grant Date through the date of any of the earlier events listed below:
Vesting Rules. The SERP account balance will be 100% vested and nonforfeitable on the second anniversary ("Vesting Date") of the Effective Date, or, if earlier, upon a termination of the Executive's employment by reason of death, Disability, a termination by the Executive with Good Reason or by the Company without Cause. If the Executive's employment ceases prior to the Vesting Date for any other reason not specified above, the full SERP account balance shall be forfeited.
