Examples of Vested Date in a sentence
Avi Israeli, the Registered Holder and the Company (the “Agreement”) is terminated prior to the Fully Vested Date, in which case no further Warrant Shares shall vest on or after the date of such termination.
Notwithstanding anything herein to the contrary, no benefit will be payable to or on behalf of a Participant who terminates employment with the Corporation and all Affiliates before his Vested Date.
Notwithstanding Section 3 above, in the event that a Change of Control occurs prior to the final Vested Date set forth in Section 3 above, then any and all unvested Restricted Units shall immediately become one hundred percent (100%) vested.
Notwithstanding any provision in the Plan to the contrary, in the event of the death of the Participant after his or her Vested Date and before any benefit payments under the Plan have been made to the Participant, the amount of the pre-retirement death benefit determined below in Section 4.5(b) will be distributed to the Participant’s Beneficiary in a lump sum in the month after the date of the Participant’s death (provided that any payments that would occur before such month shall be paid as scheduled).
However, neither the Restricted Stock nor this Agreement is transferable prior to the Vested Date other than by will or by the laws of descent and distribution.
The Option granted hereby shall vest and be exercisable as follows: Amount Date Vested* Date Exercisable* insert 10/1/04 10/1/04 1/1/05 1/1/05 4/1/05 4/1/05 7/1/05 7/1/05 10/1/05 10/1/05 1/1/06 1/1/06 4/1/06 4/1/06 7/1/06 7/1/06 * illustrative of typical vesting schedule, where options vest quarterly over two years.
Nevertheless, the Committee shall have the authority to cancel all or any portion of any outstanding restrictions prior to the Vested Date with respect to any or all of the shares of the Restricted Stock awarded on such terms and conditions as the Committee shall deem appropriate.
Notwithstanding any provision of this Award Notice to the contrary, any shares of Restricted Stock for which you have made a valid deferral election, and which cease to be subject to transfer restrictions and become nonforfeitable on the Vested Date (the “Vested Deferred Shares”), shall be converted to a credit under the Eastman Directors’ Deferred Compensation Plan, in accordance with the provisions of the Plan.
Subject to the terms and conditions of this Agreement, the RSUs will vest in full on the Vesting Date indicated above or upon the Accelerated Vested Date (as defined herein) provided the Participant remains in continuous service as a member of the Board from the Grant Date until the respective Vesting Date or Accelerated Vesting Date (as defined in Section 3(b) below).
MERX places no restriction on file format and does not convert or zip files during the upload process.