Vesting Commencement Date definition

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.
Vesting Commencement Date means the Grant Date or such other date selected by the Plan Administrator as the date from which the Option begins to vest for purposes of Article 7.4.
Vesting Commencement Date means [ ]. The right of exercise shall be cumulative so that to the extent the option is not exercised in any period to the maximum extent permissible it shall continue to be exercisable, in whole or in part, with respect to all Shares for which it is vested until the earlier of the Final Exercise Date or the termination of this option under Section 3 hereof or the Plan.

Examples of Vesting Commencement Date in a sentence

  • The Vesting Commencement Date should be determined by grantees for each grant agreement.

  • The Time-Based Requirement will be satisfied in twenty (20) equal installments as to 5% of the Shares subject to this Option when the Optionee completes each quarter of continuous Service measured from the Vesting Commencement Date.


More Definitions of Vesting Commencement Date

Vesting Commencement Date means [ ].
Vesting Commencement Date means July 1, 2006, which, for the purposes of this Agreement, is deemed to be the first day of the calendar month following the calendar quarter in which the Company and the Bank first had consolidated total assets of at least $250 million, as reported by the Company and the Bank to their banking regulators.
Vesting Commencement Date means , 20 . The right of exercise shall be cumulative so that to the extent the option is not exercised in any period to the maximum extent permissible it shall continue to be exercisable, in whole or in part, with respect to all Shares for which it is vested until the earlier of the Final Exercise Date or the termination of this option under Section 3 hereof or the Plan. [Upon the occurrence of a Change in Control (as defined below), the vesting schedule of the Shares shall be accelerated so that (A) 25% of the Unvested Shares shall vest immediately, (B) the remaining Unvested Shares shall vest ratably on a monthly basis in accordance with the original vesting schedule. In addition, within 12 months after the Change in Control, the Participant’s employment with the Company or the acquiring or succeeding corporation is terminated for Good Reason (as defined below) by the Participant or is terminated without Cause (as defined in Section 3(e) below) by the Company or the acquiring or succeeding corporation, then the vesting schedule of the Shares shall be accelerated so that 25% of the Shares that have not yet vested as of the date of the Participant’s termination shall vest immediately. For purposes of this agreement, the following terms shall have the following meanings:
Vesting Commencement Date has the meaning set forth in Section I(1) above.
Vesting Commencement Date shall have the meaning accorded such term in Section 2.05(c).
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.PLAN ADOPTION AND AMENDMENTS/ADJUSTMENTS
Vesting Commencement Date means the Grant Date or such other date set forth in the instrument evidencing the Award as the date from which the Option begins to vest for purposes of Section 7.4.