Minimum Vesting Period definition

Minimum Vesting Period means the one-year period following the date of grant of an Award.
Minimum Vesting Period means, for an Award, the time period beginning on the date of grant of such Award and ending on (i) in the case of Awards with conditions or restrictions relating to the attainment of performance goals, the date that is one (1) year after the date of grant of such Award, or (ii) in the case of all other Awards, the date that is three (3) years after the date of grant of such Award.
Minimum Vesting Period means a vesting period of not less than one year.

Examples of Minimum Vesting Period in a sentence

  • Minimum Vesting Period With respect to grants of awards after January 18, 2017, each award shall have a minimum vesting period of 12 months.

  • Notwithstanding any provisions to the contrary, in the event of an accelerated vesting provided by the Plan (except in case of a Participant death or Disability), Awards that do not comply with the Minimum Vesting Period and Share Sale Restriction Period (if applicable) provided by the French Commercial Code and the Award Agreement shall be considered as non-qualified for French income tax and social security purposes.

  • In the event of cessation of employment with the Corporation due to permanent disability of the Employee (as determined by the Corporation) while employed by the Corporation, notwithstanding Section 1(d) but subject to satisfaction of the Minimum Vesting Period, the Option shall immediately become fully vested and exercisable and unless the first sentence of Section 2(b) becomes applicable, may be exercised by the Employee until the Expiration Date.

  • Notwithstanding the foregoing, in addition to Excepted Awards, the Administrator may grant Awards that vest (or permit previously granted Awards to vest) within the Minimum Vesting Period if such Awards are granted as substitute Awards in replacement of other Awards (or awards previously granted by an entity being acquired (or assets of which are being acquired)) that were scheduled to vest within the Minimum Vesting Period.

  • Notwithstanding the foregoing, in addition to Excepted Awards, the Committee may grant awards that vest (or permit previously granted awards to vest) within the Minimum Vesting Period if such awards are substitute awards in replacement of other awards that were scheduled to vest within the Minimum Vesting Period.


More Definitions of Minimum Vesting Period

Minimum Vesting Period means the one-year period following the date of grant of an Award, or the vesting start date of an Award, whichever is earlier.
Minimum Vesting Period means the one-year period following the date of grant of an Award. (aa) “Non-Control Transaction” has the meaning set forth in Section 2(g)(3) hereof.
Minimum Vesting Period means, with respect to any Award, one year.
Minimum Vesting Period means, with respect to Units comprising an Award, the date that is one year following the date upon which the Award was granted;
Minimum Vesting Period means, for an Award, the time period beginning on the date of grant of such Award and ending on (i) in the case of Awards
Minimum Vesting Period means, for an Equity Award, the one-year period following the date of grant of such Equity Award.
Minimum Vesting Period means, for an Award, the time period beginning on the date of grant of such Award and ending on (i) in the case of Awards with conditions or restrictions relating to the attainment of performance goals, the date that is one (1) year after the date of grant of such Award, or (ii) in the case of all other Awards, the date that is three (3) years after the date of grant of such Award; provided, however, that the Minimum Vesting Period shall not apply to Awards made to Non-Employee Trustees as part of a retainer, including annual or other grants made pursuant to a standard compensation policy or arrangement for a Non-Employee Trustee.”