Vest definition
Examples of Vest in a sentence
The Award shall Vest in accordance with the Vesting Schedule as shown in the Award Summary.
Such dividend equivalents shall Vest in accordance with the Vesting of the underlying Award.
Number of RSUs that Vest: All vesting is dependent on the Participant remaining an Eligible Participant, as provided herein.
If your Employment terminates solely because you resign to accept Conflicted Employment and, according to the Firm’s records, you have completed at least three years of continuous service with the Firm as of the date your Employment terminates, your Outstanding RSUs will Vest; otherwise, you will forfeit any Outstanding RSUs that are not Vested in accordance with Paragraph 9(a).
Notwithstanding the Vesting Schedule, if You are terminated as a result of a reduction-in-force, You will Vest in each Tranche of Your Award (and associated dividend equivalents) 1/12th for each month of service completed during the one-year period beginning on the Grant Date.