Service Vesting Period definition

Service Vesting Period means the period beginning on the Date of Grant and ending on August 6, 2016.
Sample 1

Examples of Service Vesting Period in a sentence

  • Five-Year CCWD Service Vesting Period for Employees Hired on or after September 1, 2011 through December 31, 2015: Employees hired on or after September 1, 2011 through December 31, 2015 shall be subject to a five (5) year District-service vesting period to be eligible for retirement medical upon retirement within 120 days of separation from active District employment.

  • Ten-Year CCWD Service Vesting Period for Employees Hired on or after January 1, 2016: Effective January 1, 2016, employees hired on or after this date shall be subject to a ten (10) Year District-service vesting period to be eligible for retirement medical upon retirement within 120 days of separation from active District employment.

  • At the end of the Service Vesting Period, and provided that Participant is then a full-time Employee of the Company or its subsidiaries, Participant shall be deemed to be fully vested without restriction in all of the Award Shares.

  • The actual number of Issued Shares in which the Participant shall vest shall be determined as follows: - If the Participant continues in Service for the one-year period measured from the Award Date (the "Service Vesting Period"), the Participant shall vest in one hundred percent (100%) of the Maximum Number of Shares.

  • During the period beginning on the day after the Performance Period ends and ending on the Scheduled Vesting Date (the “Service Vesting Period”), Dividened Equivalent RSUs will accrue on the Earned Performance RSUs and on the Earned Dividend Equivalent RSUs (the Earned Dividend Equivalent RSUs together with any additional Dividend Equivalent RSUs credited thereon and credited on the Earned Performance RSUs during the Service Vesting Period being referred to herein as the “Total Dividend Equivalent RSUs”).

  • Five–Year CCWD Service Vesting Period for Employees Hired on/after September 1, 2011: Effective September 1, 2011, employees hired on or after this date shall be subject to a five (5) year District-service vesting period to be eligible for retirement medical upon direct retirement from the District.

  • Ten-Year CCWD Service Vesting Period for Employees Hired on/after January 1, 2016: Effective January 1, 2016, employees hired on or after this date shall be subject to a ten (10) year District-service vesting period to be eligible for retirement medical upon direct retirement from the District.

  • Any PRSUs that have not Vested or become forfeited pursuant to Section 5 as of the end of the Second Performance Period will be forfeited automatically and without further notice after the end of the Second Performance Period (or earlier if, and on such date that, Grantee ceases to be continuously employed by the Company or a Subsidiary prior to the end of the Service Vesting Period for any reason, except as otherwise provided in the Employment Agreement).

  • At the end of the Service Vesting Period, and provided that Participant is then a member of the Board of Directors of the Company, Participant shall be deemed to be fully vested without restriction in all of the Award Shares.

  • If at any time the Participant is no longer serving the Company as an employee for any reason during the Service Vesting Period or if the Average Price is not attained on any day during the Performance Measurement Period, the Restricted Stock shall be forfeited by the Participant and deemed canceled by the Company.

Related to Service Vesting Period

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

  • 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).

  • 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.

  • Forfeiture Period means the period from the Grant Date until the Forfeiture Date.

  • Service Period has the meaning given to it in Framework Schedule 4 (Template Order Form and Template Call Off Terms) as refined by a Contracting Body in a Call Off Agreement between that Contracting Body and the Supplier;

  • Year of Vesting Service means a vesting computation period during which you complete 1,000 hours of service during the Plan Year.

  • Vesting Commencement Date means the Grant Date or such other date selected by the Committee as the date from which an Award begins to vest.

  • Grant Year has the same meaning as in subclause 1(1) of Schedule 1 of HESA; ‘HESA’ means the Higher Education Support Xxx 0000; ‘maximum basic grant amount’ or ‘MBGA’ has the same meaning as in subclause 1(1) of Schedule 1 of HESA.

  • Vesting Year means a unit of Service credited to a Participant pursuant to Section 9.2 for purposes of determining his vested interest in his Account.

  • 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.

  • Start-up Period means up to 7 Academy Financial Years and covers the period up to and including the first Academy Financial Year in which all age groups are present at the Academy (that is, all the pupil cohorts relevant to the age range of the Academy will have some pupils present).

  • Restriction Termination Date means the first day on which the Board of Directors of the Corporation determines that it is no longer in the best interests of the Corporation to attempt to, or continue to, qualify as a REIT.

  • Testing Period means a single period consisting of the four consecutive fiscal quarters of the Borrower then last ended (whether or not such quarters are all within the same fiscal year), except that if a particular provision of this Agreement indicates that a Testing Period shall be of a different specified duration, such Testing Period shall consist of the particular fiscal quarter or quarters then last ended that are so indicated in such provision.

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

  • Qualifying Period means 12 continuous Calendar Weeks during the whole or part of which the Agency Worker is supplied by one or more Temporary Work Agencies to the relevant Hirer to work temporarily for and under the supervision and direction of the relevant Hirer in the same role, and as further defined in the Schedule to these Terms;

  • Retention Period has the meaning set forth in Section 6.02.

  • Initial Optional Termination Date The first Distribution Date on which the aggregate Stated Principal Balance of the Mortgage Loans is equal to or less than 10% of the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date.

  • Restriction Period means any period designated by the Committee during which (i) the Common Stock subject to a Restricted Stock Award may not be sold, transferred, assigned, pledged, hypothecated or otherwise encumbered or disposed of, except as provided in this Plan or the Agreement relating to such award, or (ii) the conditions to vesting applicable to a Restricted Stock Unit Award shall remain in effect.

  • Performance Option means an Incentive Stock Option or Nonqualified Stock Option, the grant of which or the exercisability of all or a portion of which is contingent upon the attainment of specified Performance Measures within a specified Performance Period.

  • Service Termination Date means the last Day in a month upon which Service shall terminate, as set forth in a Schedule of Service and subject to any renewal thereof.

  • 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.

  • Ramp-Up Period means the period from and including the Effective Date to, but excluding, September 23, 2016.

  • Delivery Period Termination Date Has the meaning specified in the Related Pass Through Trust Supplement.

  • Minimum Hire Period means the Minimum Hire Period as described on the invoices, quotation, authority to hire, or any other forms as provided by the Supplier to the Client.

  • Service Date or "SD" means the date service is made available to the End User Customer. This also is referred to as the "Due Date."