Vesting Term. The Project shall be vested in the Existing Fee Schedule, adjusted for inflation, as listed in Exhibit F (the "Applicable Fees") through the Term of this Agreement.
Vesting Term. The Shares granted to Grantee hereunder on the Grant Date (identified in Section 12 below) will vest in the Grantee in the increments set forth in Section 12 below on each of the dates set forth in Section 12 below.
Vesting Term. Any Restricted Stock earned by and issued to Grantee pursuant to this Agreement will vest in the Grantee as set forth in Section 12 below.
Vesting Term. Equally at a rate of one-third of the amount granted on [DATE]; [DATE] and [DATE] as long as you are employed by WESCO.
Vesting Term. Equally at a rate of one-third of the amount granted on ___, ___ and ___ as long as the Grantee is employed by the Company or one of its subsidiaries. Notwithstanding the foregoing, the SARs shall be 100% fully vested upon the Grantee’s Retirement at Normal Retirement Age, death or Permanent Disability (as defined below).
Vesting Term. The purchase right represented by this Warrant shall be exercisable in accordance with the following vesting schedule:
Vesting Term. The Option is fully vested on the Date of Grant. Unless an earlier expiration date is specified in Section 3 below, the Option shall be exercisable at any time on or prior to the tenth anniversary of the Date of Grant and not be exercisable thereafter.
Vesting Term. Subject to Section 3, the RSUs shall vest 100% on the third anniversary of the date of grant. Notwithstanding the foregoing, the RSUs shall be (i) 100% fully vested upon the Grantee’s Retirement at Normal Retirement Age (as defined in Section 4), death, or Permanent Disability and (ii) vested on a pro rata basis upon the Grantee’s Early Retirement (as defined in Section 4). The number of RSU Shares vested due to the Grantee’s Early Retirement will be determined by multiplying (x) the number of RSU Shares, by (y) a fraction, the numerator of which is the number of whole months of the Grantee’s Active Employment during the three-year period commencing on the date of grant, and the denominator of which is thirty-six (36) months.
Vesting Term. The SARs shall vest equally at a rate of one-third of the amount granted on the first, second, and third anniversaries of the date of grant as long as the Grantee is employed by the Company or one of its Subsidiaries. Notwithstanding the foregoing, the SARs shall be (i) 100% fully vested upon the Grantee’s Retirement at Normal Retirement Age, death, or Permanent Disability and (ii) vested on a pro-rata basis upon the Grantee’s Early Retirement (as defined below). The number of SAR Shares vested due to the Grantee’s Early Retirement will be determined by multiplying (x) the number of SAR Shares, by (y) a fraction, the numerator of which is the number of whole months of the Grantee’s Active Employment during the three-year period commencing on the date of grant, and the denominator of which is thirty-six (36) months.
Vesting Term. The term of vesting shall be ten (10) years commencing upon the date of recording the Annexation Ordinance and Map. An additional ten (10) years upon issuance of the one hundred eight (108th) deed restricted home / unit certificate of occupancy, for a total of twenty (20) years.
