Deferred Vesting Date definition

Deferred Vesting Date means the Distribution Date specified under the Sara Lee Corporation Executive Deferred Compensation Plan, in the event the Participant elected to defer his or her LTRSU award.
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Deferred Vesting Date means the earlier of the Participant’s Retirement Date, Disability Date, or death.
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Deferred Vesting Date has the meaning set forth in Section 2.9.
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Examples of Deferred Vesting Date in a sentence

  • At the Deferred Vesting Date, the fulfillment of the Vesting Performance Target shall be reexamined for the purpose of vesting of the tranche of Options, and the tranche of Options shall vest only subject to compliance with the Vesting Performance Target, provided that the Offeree remains an employee of the group at the Deferred Vesting Dates.

  • The portion of each Adjusted Annual Quota shall be divided to three (3) equal portions (the "Deferred Portions"); the vesting date of the first Deferred Portion of each Adjusted Annual Quota shall occur close to the lapse of one year from the date of approval of the consolidated financial statements for the year in respect thereof the Annual Quota has been granted (the "First Deferred Vesting Date").

  • The vesting dates of the two other Deferred Portions of each Adjusted Annual Quota shall occur in the lapse of one year and two years, respectively, from the First Deferred Vesting Date.

  • Such contributions have a “ Deferred Vesting Date” of the fifth anniversary of the date each Account is created (i.e., January 1, 2023 for 2018 account.) The Participant shall be entitled to the SERP Benefit upon the earliest of (i) remaining employed by the Company to the earlier of the Deferred Vesting Date for such Account or the Participant’s 65th birthday;(ii) Disability; (iii) Death; or (iv) Involuntary Separation from Service without Reasonable Cause.

  • The Policyholder on or after the Vesting Date or the Deferred Vesting Date, as the case may be, can exercise any one of the following options: A.

  • In the event of non-fulfillment of the Vesting Performance Target at the Deferred Vesting Date, the vesting date of the tranche of Options shall be deferred for an additional year, and the statements in this section shall apply.

  • Zero percent (0%) of the value of the Participant’s 457(f)(2)(F) Account if the Deferred Vesting Date occurs prior to completing 15 Years of Service.

  • The Deferral vesting date for both awards has been further deferred until the first to occur of the following: January 1, 2018; the date of a change of control of the company; or such earlier Deferred Vesting Date as determined by the board.

  • In the event of non- fulfillment of the Vesting Performance Target at the Deferred Vesting Date, the vesting date of the tranche of Options shall be deferred for an additional year, and the statements in this section shall apply.

  • Except as provided hereinafter, a Participant shall be entitled to such Participant’s 457(f)(2)(F) Account Benefit upon the Participant’s Deferred Vesting Date in accordance with this Article.

Related to Deferred Vesting Date

  • Initial Vesting Date means the date occurring one (1) year after the Date of Option Grant.

  • Vesting Date has the meaning set forth in Section 3.10(c)(ii).

  • Deferred Retirement Date means, in the case of any Participant who continues in employment after his Normal Retirement Date, the first day of any month following his actual retirement.

  • Vesting Dates means, as determined by the Board or by the Committee, the date as of which the Optionee shall be entitled to exercise the Options or part of the Options, as set forth in section 11 of the ISOP.

  • Performance Date means December 31, 2025. If the Locality, in consultation with VEDP, deems that good faith and reasonable efforts have been made and are being made by the Company to achieve the Targets, on or before the Performance Date the Locality may request an extension of the Performance Date by up to 15 months. Any extension of the Performance Date shall require the prior approval of the Company and the Board of Directors of VEDP (the “Board”). If the Performance Date is extended, the Locality shall send written notice of the extension to the Authority, the Company and VEDP and the date to which the Performance Date has been extended shall be the “Performance Date” for the purposes of this Agreement.

  • Deferred Share Unit or “DSU” means a unit equivalent in value to a Share, credited by means of a bookkeeping entry in the books of the Corporation in accordance with Article 7;

  • Deferred Payment Date for a Participant means the date after the Restricted Period in respect of Restricted Share Units which is the earlier of (i) the date which the Participant has elected to defer receipt of the underlying Shares in accordance with Section 4.5 of this Plan; and (ii) the Participant’s Separation Date.

  • Deferred Stock Account means a bookkeeping account maintained by the Company for a Participant representing the Participant's interest in the shares credited to such Deferred Stock Account pursuant to Paragraph 7 hereof.

  • Deferred Stock Units means the number of hypothetical Shares subject to an Election.

  • Vesting Event means the earliest to occur of the following events:

  • Deferred Share means a Share which by its terms of issue is a deferred share as defined in the Statutes and includes a permanent interest bearing share and a Core Capital Deferred Share;

  • Vesting Period means the period of time specified by the Committee during which vesting restrictions for an Award are applicable.

  • Measurement Date means the most recent Payment Date specified in the first column of the Cumulative Net Loss Rate Table.

  • Deferred Stock Unit means a right granted to a Participant under Article 9 to receive Shares (or the equivalent value in cash or other property if the Committee so provides) at a future time as determined by the Committee, or as determined by the Participant within guidelines established by the Committee in the case of voluntary deferral elections.

  • Deferral Date means the date Fees would otherwise have been paid to the Participant.

  • Award Date means the date upon which the Committee took the action granting an Award or such later date as the Committee designates as the Award Date at the time of the Award.

  • Postponed Retirement Date means the first day of the month coincident with or next following a Participant’s date of actual retirement which occurs after his Normal Retirement Date.

  • Deferred Shares means an award made pursuant to Section 7 of this Plan of the right to receive Common Shares at the end of a specified Deferral Period.

  • Section 409A Payment Date means the earlier of (a) the date of Executive’s death or (b) the date that is six months after the date of termination of Executive’s employment with the Company.

  • Qualifying Retirement means the Employee’s voluntary termination of employment after the Employee has (i) attained (X) age sixty-five (65), (Y) age fifty-five (55) with ten (10) Years of Service as a full-time employee of the Partnership or any of its Affiliates, or (Z) an age which, when added to such Years of Service of the Employee equals at least seventy-five (75), and (ii) previously delivered a written notice of retirement to the Partnership and on the date of retirement the Employee has satisfied the minimum applicable advance written notice requirement set forth below: Age at Voluntary Termination Number of Years of Advance Notice 58 or younger 59 60 or older 3 years 2 years 1 year By way of illustration, and without limiting the foregoing, if (i) the Employee is eligible to retire at age fifty-nine (59) after ten (10) Years of Service, (ii) the Employee gives two (2) years notice at age fifty-eight (58) that the Employee intends to retire at age sixty (60), and (iii) the Employee later terminates employment at age fifty-nine (59), then the Employee’s retirement at age fifty-nine (59) would not constitute a Qualifying Retirement. However, if (i) the Employee is eligible to retire at age fifty-nine (59) after ten (10) Years of Service, (ii) the Employee gives two (2) years notice at age fifty-eight (58) that the Employee intends to retire at age sixty (60), and (iii) the Employee terminates employment upon reaching age sixty (60), then the Employee’s retirement at age sixty (60) would constitute a Qualifying Retirement.

  • Qualified Retirement means a retirement from Service by the Executive in which, at the time of such retirement, the sum of the Executive’s age and aggregate 12-month completed periods of Service (whether or not such completed 12-month periods are consecutive), in each case without giving credit for any partial years, equals or exceeds 75.

  • Change in Control Date means the date on which a Change in Control occurs.

  • Change in Control Benefit means the benefit described in Section 2.4.

  • Plan Termination Date means the date that is ten (10) years after the Effective Date, unless the Plan is earlier terminated by the Board pursuant to Section 15 hereof.

  • Severance Date means the date on which an Eligible Employee incurs a Severance.

  • Deferred Amount With respect to any Distribution Date and each Class of the Subordinate Certificates, the amount by which (x) the aggregate of Applied Loss Amounts previously applied in reduction of the Class Principal Amount thereof exceeds (y) the sum of (1) the aggregate of amounts previously reimbursed in respect thereof and (2) the amount by which the Class Principal Amount of such Class has been increased due to any Subsequent Recovery.