Time-Based Requirement definition

Time-Based Requirement means the requirement to provide Service over the period of time set forth in the Notice of Restricted Stock Unit Award.
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Time-Based Requirement means the requirement to provide service as a Service Provider over the period of time set forth in the Notice of Restricted Stock Unit Award.
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Time-Based Requirement means the requirement to provide Service over the period of time set forth in the Grant Notice.
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Examples of Time-Based Requirement in a sentence

  • If your Service terminates for any reason, all RSUs as to which the Time-Based Requirement has not been satisfied as of your termination date shall automatically terminate and be cancelled.

  • You will not satisfy the Time-Based Requirement for any additional RSUs after your Service has terminated, regardless of the reason for such termination.

  • If the Liquidity Event Requirement is not satisfied on or before the Expiration Date, all RSUs (regardless of whether or not, or to the extent which, the Time-Based Requirement had been satisfied as to such RSUs) shall automatically terminate upon such date.

  • Basic response procedure/actions SDO to make a referral to the relevant agency MASH / Care DirectReport to and inform the Corporate Safeguarding Officer (CSO) HR will conduct an investigation.

  • You will receive a benefit with respect to a RSU only if both the Time-Based Requirement and the Liquidity Event Requirement are satisfied on or before the Expiration Date.

  • You hereby acknowledge that the vesting of the RSUs pursuant to this Notice of Restricted Stock Unit Award is conditioned on the satisfaction of the Time-Based Requirement and the Liquidity Event Requirement on or before the Expiration Date.

  • Upon such termination of Service, any RSUs as to which the Time-Based Requirement has been satisfied will (if the Liquidity Event Requirement has not yet been satisfied) remain outstanding until the first to occur of: (A) the satisfaction of the Liquidity Event Requirement, (B) the Expiration Date or (C) the second anniversary of your Service termination date.

  • Declaration of Greenhouse Gases as priority air pollutants ...................................................

  • The “Time-Based Requirement” corresponds to the vesting schedule of the First Option Award, as set forth in paragraph (a) above (except that the date of grant is December 29, 2017, and for the avoidance of doubt, the Time-Based Requirement of such option shall begin to run on the Start Date).

  • You shall have no right with respect to the RSUs to the extent a Liquidity Event does not occur on or before the Expiration Date (regardless of the extent to which the Time-Based Requirement is satisfied).You further agree to accept by email all documents relating to the Company, the Plan or these RSUs and all other documents that the Company is required to deliver to its security holders (including, without limitation, disclosures that may be required by the Securities and Exchange Commission).


More Definitions of Time-Based Requirement

Time-Based Requirement corresponds to the vesting schedule of the First Option Award, as set forth in paragraph (a) above (except that the date of grant is December 29, 2017, and for the avoidance of doubt, the Time-Based Requirement of such option shall begin to run on the Start Date). The “Performance-Based Requirement” means that the 30consecutive day volume-weighted average price of the Shares (as quoted on the stock exchange or market on which the Shares are traded), at any point during the 10-year term of such Third Option Award is equal to or greater than 150% of the per share exercise price of the Third Option Award.
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Time-Based Requirement means the time and/or service based vesting condition(s) which are set forth in an RSU Holder’s Notice of Grant or PSU Holder's Award Agreement.
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Time-Based Requirement means the requirement to provide continuous Service over the period of time set forth in the Notice of Share Value Award.
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Related to Time-Based Requirement

  • Performance-Based Exception means the performance-based exception from the tax deductibility limitations of Code Section 162(m).

  • Qualified Performance-Based Award means an Award intended to qualify for the Section 162(m) Exemption, as provided in Section 11.

  • Performance-Based Awards means the Performance Share Awards and Restricted Stock Awards granted to selected Covered Employees pursuant to Articles 9 and 10, but which are subject to the terms and conditions set forth in Article 11. All Performance-Based Awards are intended to qualify as "performance-based compensation" under Section 162(m) of the Code.

  • Performance-Based Compensation means compensation qualifying as “performance-based compensation” under Section 162(m) of the Code.

  • Qualifying Performance Criteria means any one or more of the following performance criteria, either individually, alternatively or in any combination, applied to either the Company as a whole or to a business unit, Parent, Subsidiary or business segment, either individually, alternatively or in any combination, and measured either annually or cumulatively over a period of years, on an absolute basis or relative to a pre-established target, to previous years’ results or to a designated comparison group, and on a pre-tax or after-tax basis, in each case as specified by the Committee in the Award: (i) cash flow (including operating cash flow or free cash flow); (ii) earnings (including gross margin, earnings before interest and taxes, earnings before taxes, and net earnings); (iii) earnings per share; (iv) growth in earnings or earnings per share; (v) stock price; (vi) return on equity or average stockholders’ equity; (vii) total stockholder return; (viii) return on capital; (ix) return on assets or net assets; (x) return on investment; (xi) revenue; (xii) income or net income; (xiii) operating income or net operating income; (xiv) operating profit or net operating profit; (xv) operating margin; (xvi) return on operating revenue; (xvii) market share; (xviii) contract awards or backlog; (xix) overhead or other expense reduction; (xx) growth in stockholder value relative to the moving average of the S&P 500 Index or a peer group index; (xxi) credit rating; (xxii) strategic plan development and implementation (including individual performance objectives that relate to achievement of the Company’s or any business unit’s strategic plan); (xxiii) improvement in workforce diversity; (xxiv) expenses; (xxv) economic value added; (xxvi) product quality; (xxvii) number of customers; (xxviii) objective customer indicators; (xxix) customer satisfaction; (xxx) new product invention or innovation; (xxxi) profit after taxes; (xxxii) pre-tax profit; (xxxiii) working capital; (xxxiv) sales; (xxxv) advancement of the Company’s product pipeline; (xxxvi) consummation of strategic transactions; (xxxvii) reduction in cash utilization; and (xxxviii) addition of technologies and products. The Committee may appropriately adjust any evaluation of performance under a Qualifying Performance Criteria to exclude any of the following events that occurs during a performance period: (A) asset write-downs; (B) litigation or claim judgments or settlements; (C) the effect of changes in tax law, accounting principles or other such laws or provisions affecting reported results; (D) accruals for reorganization and restructuring programs; and (E) any gains or losses classified as extraordinary or as discontinued operations in the Company’s financial statements.