Examples of Post-Termination Vesting Period in a sentence
To the extent any Performance-Vesting RSUs do not become fully vested on or prior to the final day of the Post-Termination Vesting Period, such Performance-Vesting RSUs automatically will be forfeited and terminated without consideration therefor as of such date.
For clarity and the avoidance of doubt, Participant acknowledges and agrees that all unvested Options, RSUs or PSUs as of the Separation Date scheduled to vest after the Post-Termination Vesting Period shall be immediately and irrevocably forfeited as of the Separation Date.
Separation Date shall continue to vest during the Post-Termination Vesting Period in accordance with the terms of the award as if Participant’s employment had not terminated hereunder provided Participant complies with all of the terms of this Plan through each vesting date.
PSUs that vest hereunder shall be paid out based upon actual performance in accordance with the terms of the 2013 Plan and the applicable award agreement, including prorating for the portion of time Participant provided services to the Company over the course of the applicable performance period and the Post-Termination Vesting Period as applicable.
For purposes of this Post-Termination Vesting Period, vesting shall be on a monthly-vesting equivalent basis.