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

• In addition to the time-based vesting described in the preceding paragraph, if you are a Director of the Company on the date of a Change of Control (as defined below) that occurs before the two-year anniversary of the Vesting Commencement Date, in the event that a successor corporation refuses to assume or substitute the Option with an equivalent option or right, 100% of the shares subject to the Option shall immediately vest as of the effective date of such Change of Control.

• The time and service requirement is as follows: the RSUs shall vest at the rate of 25% of the RSUs on the twelve (12) month anniversary of the Vesting Commencement Date, and the remaining RSUs will vest quarterly thereafter at the rate of 6.25% of the total number of RSUs on each quarterly anniversary of the Vesting Commencement Date.

• The total number of RSUs shall be fully vested on the four-year anniversary of the Vesting Commencement Date, provided that the RSU recipient has remained in Continuous Service (as defined in the 2018 Plan) through each applicable vesting date.

• Subject to the terms of the Plan and your related option agreement, your Option will vest as to 50% of the shares one year from the date referred to as the “Vesting Commencement Date”, and as to an additional 50% of the shares one year thereafter such that your Option will be fully vested on the two-year anniversary of the Vesting Commencement Date.

• For employees with less than one year’s service, options vest in installments of 25% at the one-year anniversary and thereafter in 36 equal monthly installments beginning in the 13th month after the initial Vesting Commencement Date (as defined), subject to the employee’s continuous service with the Company.

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 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, with respect to an Option or Stock Appreciation Right, the date, determined by the Committee, on which the vesting of the Option or Stock Appreciation Right shall commence, which may be the Grant Date or a date prior to or after the Grant Date.

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.