Time Restriction definition

Time Restriction means the period of time set forth in the Award Notice during which a Time-Based Award (or portion thereof) is unvested and forfeitable based on the completion of periods of continued employment with the Company or as otherwise expressly set forth in this Program.
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Examples of Time Restriction in a sentence

  • The Participant shall not be required to provide the Corporation with any payment (other than his or her past and future services to the Corporation) in exchange for the Award or in exchange for the issuance of shares of Common Stock (upon the determination of the Earned Award and satisfaction of the applicable periods of continued service with the Corporation in the case of a Performance Award or upon the lapse of the applicable Time Restriction in the case of a Time-Based Award).

  • There is quite a strong relationship between the Implied Time Restriction per mark and the total mark intraclass correlations – the ▇▇▇▇▇▇▇ correlation between these quantities is -0.66, rising to a very high -0.99 if Development Studies, with its apparently generous time restriction, is excluded.