Performance Vesting Date definition
Examples of Performance Vesting Date in a sentence
The Cash Award will vest on the Performance Vesting Date, contingent upon the Participant continuing to provide Service (as defined in Section 3 below) to the Company (or any Related Entity) through the Performance Vesting Date.
Such Shares will be issued to the Participant (as evidenced by the appropriate entry in the books of the Company or a duly authorized transfer agent of the Company) on the Performance Vesting Date (or as soon as practicable), but in any event, by December 31 of the Participant’s tax year that includes the Performance Vesting Date (or, if later, the 15th day of the third month following such event, if the Participant is not permitted, directly or indirectly, to designate the taxable year of payment).
Except as otherwise provided herein, the Participant’s right to receive Shares subject to the mPRSUs is contingent upon the Participant continuing to provide Service (as defined in Section 3 below) to the Company (or any Related Entity) through the Performance Vesting Date.