Time Vesting Schedule definition

Time Vesting Schedule means a vesting schedule providing for vesting of the Option with respect to 1/48th of the shares subject thereto on the first monthly anniversary of the Vesting Commencement Date set forth above (the “Vesting Commencement Date”) and with respect to an additional 1/48th of the shares subject thereto on each monthly anniversary of the Vesting Commencement Date thereafter up to and including the monthly anniversary of the Vesting Commencement Date occurring on the four year anniversary of the Vesting Commencement Date.
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Time Vesting Schedule means the following vesting schedule for Vesting Eligible Performance Options: (1) thirty-three and one-third percent (33 1/3%) of the Vesting Eligible Performance Options shall vest and become exercisable effective as of the Vesting Eligible Performance Options Determination Date; and (2) one thirty-sixth (1/36th) the Vesting Eligible Performance Options shall vest and become exercisable on each successive monthly anniversary of the Vesting Eligible Performance Options thereafter for the following twenty-four (24) months ending on the third anniversary of the Vesting Eligible Performance Options Determination Date. Schedule A-1 Mobile Business Goals Achievement Scale Revenue Gross Profit % of Mobile Business Revenue Goal Achieved Vesting Eligible Percentage % of Mobile Business Goals Gross Profit Goal Achieved Vesting Eligible Percentage 80% to 100% Linear* 80% to 100% Linear** 70% to 79.9% 50% 70% to 79.9% 50% 60% to 69.9% 25% 60% to 69.9% 25% < 60% 10% < 60% 10% * (e.g., 85% achievement = 85% Mobile Business Revenue Goal Vesting Eligible Percentage; 92% achievement = 92% Mobile Business Revenue Goal Vesting Eligible Percentage) ** (e.g., 85% achievement = 85% Mobile Business Gross Profit Goal Vesting Eligible Percentage; 92% achievement = 92% Mobile Business Gross Profit Goal Vesting Eligible Percentage)
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Time Vesting Schedule means a vesting schedule providing for vesting of the Option with respect to 1/36th of the shares subject thereto on the first monthly anniversary of the Vesting Commencement Date set forth above (the “Vesting Commencement Date”) and with respect to an additional 1/36th of the shares subject thereto on each monthly anniversary of the Vesting Commencement Date thereafter up to and including the monthly anniversary of the Vesting Commencement Date occurring on the three year anniversary of the Vesting Commencement Date.
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Examples of Time Vesting Schedule in a sentence

  • Once the aggregate number of Vesting Eligible Performance Options is determined, the Vesting Eligible Performance Options are then subject to vesting under the Time Vesting Component in accordance with the Time Vesting Schedule.

  • The Options granted under this Agreement shall be subject to two vesting requirements and conditions: (i) percentage achievement (based on the Performance Goals Achievement Scale) of the Mobile Business Revenue Goal and Mobile Business Gross Profit Goal, as determined below ("Mobile Business Performance Goals Component"); and (ii) time vesting based on the time vesting schedule ("Time Vesting Schedule") set forth below ("Time Vesting Component").

  • The Time Vesting Schedule is illustrated as set forth in Exhibit A.

  • The Company hereby grants to the Participant, on the Grant Date, this Award, which shall vest in accordance with the Time Vesting Schedule.

  • In addition to the above Time Vesting Schedule, the vesting of the Options is also subject to Performance Based Vesting Requirements.

  • Except as otherwise provided in this Section 3, the TRSUs subject to this Award shall become vested in accordance with the Time Vesting Schedule, subject to the Participant’s continued Service from the Grant Date through each applicable Vesting Date set forth above.

  • Once the Order has been removed by the Supervisory Authorities, all Restricted Shares that would have otherwise vested shall vest equally over the remaining Vesting Dates listed on the Time Vesting Schedule above.

  • Exhibit A Vesting Schedule and Notice Address Time Vesting Schedule Company Address 0 Xxxxxxxxxxx Xxxxxx Xxxxx 0000 Xxx Xxxxxxxxx, Xxxxxxxxxx 00000 Exhibit B CONSENT OF SPOUSE I, , spouse of [ ], have read and approve the foregoing Restricted Stock Unit Agreement (the “Agreement”) and all exhibits thereto and the Plan (as defined in the Agreement).

  • To the extent not already paid, RSUs that vest in accordance with the Time Vesting Schedule shall be paid following the Employee’s termination of Continuous Service in accordance with Section 6 below.


More Definitions of Time Vesting Schedule

Time Vesting Schedule means the following vesting schedule for Vesting Eligible Performance Options: (1) thirty-three and one-third percent (33 1/3%) of the Vesting Eligible Performance Options shall vest and become exercisable on the first anniversary of the Grant Date; and (2) one thirty-sixth (1/36th) the Vesting Eligible Performance Options shall vest and become exercisable on each successive monthly anniversary thereafter for the following twenty-four (24) months ending on the third anniversary of the Grant Date.
Sample 1
Time Vesting Schedule means the following vesting schedule for Vesting Eligible Performance Options: (1) thirty-three and one-third percent (33 1/3%) of the Vesting Eligible Performance Options shall vest and become exercisable effective as of the Vesting Eligible Performance Options Determination Date; and (2) one thirty-sixth (1/36th) the Vesting Eligible Performance Options shall vest and become exercisable on each successive monthly anniversary of the Vesting Eligible Performance Options thereafter for the following twenty-four (24) months ending on the third anniversary of the Vesting Eligible Performance Options Determination Date. Schedule A-1 Retail Dealer Services Group Goals Achievement Scale 2014 Revenue Scale 2014 Gross Margin Scale Revenue ($ Million) Performance Vesting Eligible Percentage Gross Margin (%) Performance Vesting Eligible Percentage * 67% 1% 27.7% 67% 1% * 68% 4% 28.2% 68% 4% * 69% 7% 28.6% 69% 7% * 70% 10% 29.0% 70% 10% * 71% 13% 29.4% 71% 13% * 72% 16% 29.8% 72% 16% * 73% 19% 30.2% 73% 19% * 74% 22% 30.6% 74% 22% * 75% 25% 31.1% 75% 25% * 76% 28% 31.5% 76% 28% * 77% 31% 31.9% 77% 31% * 78% 34% 32.3% 78% 34% * 79% 37% 32.7% 79% 37% * 80% 40% 33.1% 80% 40% * 81% 43% 33.5% 81% 43% * 82% 46% 33.9% 82% 46% * 83% 49% 34.4% 83% 49% * 84% 52% 34.8% 84% 52% * 85% 55% 35.2% 85% 55% * 86% 58% 35.6% 86% 58% * 87% 61% 36.0% 87% 61% * 88% 64% 36.4% 88% 64% * 89% 67% 36.8% 89% 67% * 90% 70% 37.3% 90% 70% * 91% 73% 37.7% 91% 73% * 92% 76% 38.1% 92% 76% * 93% 79% 38.5% 93% 79% * 94% 82% 38.9% 94% 82% * 95% 85% 39.3% 95% 85% * 96% 88% 39.7% 96% 88% * 97% 91% 40.2% 97% 91% * 98% 94% 40.6% 98% 94% * 99% 97% 41.0% 99% 97% * 100% 100% 41.4% 100% 100% * 101% 103% 41.8% 101% 103% * 102% 106% 42.2% 102% 106% * 103% 109% 42.6% 103% 109% * 104% 112% 43.1% 104% 112% * 105% 115% 43.5% 105% 115% * 106% 118% 43.9% 106% 118% * 107% 121% 44.3% 107% 121% * 108% 124% 44.7% 108% 124% * 109% 127% 45.1% 109% 127% * 110% 130% 45.5% 110% 130% * 111% 133% 46.0% 111% 133% * 112% 136% 46.4% 112% 136% * 113% 139% 46.8% 113% 139% * 114% 142% 47.2% 114% 142% * 115% 145% 47.6% 115% 145% * 116% 148% 48.0% 116% 148% * 117% 151% 48.4% 117% 151% * 118% 154% 48.9% 118% 154% * 119% 157% 49.3% 119% 157% * 120% 160% 49.7% 120% 160% -- XxXxxx – 1/13/2014
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Time Vesting Schedule means the vesting schedule applicable to a Participant’s Units set forth on Exhibit A.
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Related to Time Vesting Schedule

  • Vesting Schedule means the vesting schedule specified in the Grant Notice pursuant to which the Optionee is to vest in the Option Shares in a series of installments over his or her period of Service.

  • 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.

  • Vesting Date has the meaning set forth in Section 3.10(c)(ii).

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

  • 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.

  • Vest means to become exercisable or to otherwise obtain ownership rights in an award.

  • Vesting mean that the Units have become non-forfeitable. If Employee has a Termination of Employment prior to the Stated Vesting Date and the Units are not otherwise deemed vested by that date, the Units will be immediately forfeited except as otherwise provided in Section 4 of the Terms and Conditions.

  • 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.

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

  • Vested LTIP Units has the meaning provided in Section 4.4(d) hereof.

  • Vesting Percentage means the percentage by which the Target Total Award is multiplied as set forth in the chart in Section II below.

  • Vesting Conditions means those conditions established in accordance with Section 8.4 or Section 10.2 of the Plan prior to the satisfaction of which shares subject to a Restricted Stock Award or Restricted Stock Unit Award, respectively, remain subject to forfeiture or a repurchase option in favor of the Company upon the Participant’s termination of Service.

  • 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.

  • PSUs means the outstanding performance share units governed by the performance share unit plan of the Company dated December 16, 2013, as amended from time to time;

  • PSU means Public Sector Undertaking

  • Company PSUs means any performance-based restricted stock units of the Company, whether granted pursuant to any of the Company Stock Plans or otherwise.

  • Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.

  • 3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.