Examples of Vesting Base Date in a sentence
The parties hereby establish the date set forth in Item E above as the Vesting Base Date (as defined in Section 5.1 below).
Subject to Section 5 and Section 6.3.4, Options granted under this Plan shall be exercisable (a) immediately as of the effective date of the stock option agreement granting the Option, or (b) in accordance with a schedule as may be set by the Administrator (each such date on such schedule, the "Vesting Base Date") and specified in the written stock option agreement relating to such Option.
For shares of the Company’s Common Stock hereafter acquired by the Executive from the Company, but not issued pursuant to an Option, the Vesting Base Date shall be the date of acquisition of such shares.
For shares of the Company’s Common Stock issued upon exercise by the Executive of an option to purchase shares of the Common Stock (an “Option”), the Vesting Base Date shall be the vesting base date set forth in the Option agreement/notice of exercise.
Such schedule shall commence as of the date set forth in Item (E) above (the "Vesting Base Date").
If the Participant’s employment or other service with the Company or its Affiliates terminates as a result of the Participant’s death or Disability, the Participant shall vest in a pro-rated portion of the Options (based on the number of completed months between the Vesting Base Date and the date of such termination event divided by the total number of months between the Vest Base Date and the final Vesting Date) less the number of Options that are vested as of the date of such termination.
The above judgment does not help the Appellant in the present case.
Subject to Section 5 and Section 6.3.4, Options granted under the Plan shall be exercisable (a) immediately as of the effective date of the stock option agreement granting the Option, or (b) in accordance with a schedule as may be set by the Administrator (in any case, the "Vesting Base Date") and specified in the written stock option agreement relating to such Option.
These additional lines of vesting shares do not start vesting from the Vesting Base Date in Section A.If you decide to purchase shares under this option, you will be required either to submit your exercise electronically at www.etrade.com or submit a completed exercise agreement on a form approved by the Company, together with payment for the shares.
The parties hereby establish the date set forth in Item E above as the Vesting Base Date (as defined in Section 6.1.3 of the Plan).