Vest definition

Vest means to become exercisable or to otherwise obtain ownership rights in an award.
Vest or “Vesting” means that a portion of the Option granted to the Option Holder which is available to be exercised by the Option Holder at any time and from time to time.
Vest or “Vested” means:

Examples of Vest in a sentence

  • Change in Control occurring after the end of the Performance Period Unless an earlier vesting date applies under this Agreement, the unvested Earned Units shall Vest on the Vesting Date provided in Section 1 (with no proration), subject to your continued employment through the Vesting Date (and subject to the special vesting rules immediately below).

  • The County agrees to sell a used/surplus Alpha Elite Vest Serial #R20OSPPBK (hereinafter “the equipment”) AS IS with no warranties of any kind to the District for the sum of $100.00 made payable to “Williamson County” and paid pursuant the Texas Prompt Payment Act:Alh Payment for goods and services shall be governed by Chapter 2251 of the Texas Government Code.


More Definitions of Vest

Vest means:
Vest as used herein with respect to the Stock Option or any portion thereof means to become exercisable and the term “vested” as used herein with respect to the Stock Option (or any portion thereof) means that the Stock Option (or portion thereof) is then exercisable. Unless earlier terminated, forfeited, relinquished or expired, the Stock Option will vest .
Vest. "Vesting," or "Vested" means:
Vest means that the Grantee has satisfied all conditions precedent imposed by the Plan and the related Award Agreement to his right to exercise an Option, to hold Restricted Stock free of any obligation to forfeit or retransfer the same to Company or to receive payments under a Restricted Stock Unit or Stock Appreciation Right.
Vest or “Vested” means that, with respect to a Performance Share, both (i) such Performance Share has Performance-Vested and (ii) the continued service condition has been satisfied.
Vest means no longer subject to forfeiture. As used herein, employment by the Company shall include employment by a corporation which is a "subsidiary corporation" of the Company as such term is defined in Section 424 of the Code. References in this Agreement to sections of the Code shall be deemed to refer to any successor section of the Code or any successor internal revenue law.