Vesting Condition definition

Vesting Condition means any condition subject to which the Options granted would vest in an Option Grantee.

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Vesting Condition means any condition to the vesting of Retention Shares established by the Committee pursuant to Section 9.

Vesting Condition means any condition to the vesting of Retention Shares established by the Committee pursuant to Section 8.

Examples of Vesting Condition in a sentence

• For the avoidance of doubt, the Vesting Condition shall apply separately to each Vesting Month and one Monthly Portion shall be capable of being earned and vested per each Vesting Month, on an all-or-nothing basis.

• If the Company delivers a Satisfaction Notification in respect of a given Vesting Month indicating that the Vesting Condition was not satisfied with respect to such Vesting Month, but the Holder believes that the Vesting Condition has been satisfied for such Vesting Month, the Holder will have 5 days from the receipt of such Satisfaction Notification from the Company to challenge the Satisfaction Notification and provide additional information to the Company supporting the Holder’s challenge.

• This Section 4(b)(ii) shall not impair or impact the Holder’s ability to achieve the Vesting Condition in respect of each Monthly Portion for the Vesting Month in which the Liquidation Event is consummated and any Vesting Months thereafter, including pursuant to Sections 4(a) and 4(b)(i)).

• The Company shall notify the Holder within 10 calendar days after the end of each Vesting Month (the “Notification Deadline”) whether or not the Vesting Condition has been satisfied for such Vesting Month (a “Satisfaction Notification”).

• The parties will negotiate in good faith through the end of the month (or such extended period as may be agreed by the parties) in which such Satisfaction Notification is delivered to attempt to mutually resolve any disagreements over whether the Vesting Condition has been satisfied for a given Vesting Month.

More Definitions of Vesting Condition

Vesting Condition means the conditions subject to which the Options Granted would Vest in an Option Grantee.

Vesting Condition means the condition prescribed if any subject to satisfaction of which the Options granted would vest in an Option Grantee.

Vesting Condition means performance, service or other conditions that must be satisfied or waived by the Board or circumstances which must exist before a Performance Right Vests under these Rules.

Vesting Condition means one or more conditions which must be satisfied or circumstances which must exist before an Award vests under the Plan.

Vesting Condition. The Units will vest in accordance with the schedule set forth below if and when the applicable target stock price as set forth in the table immediately below is met prior to the Expiration Date specified above (each such condition, a “Stock Price Condition”).

Vesting Condition means any time based requirement or condition (as specified in the Invitation Letter and determined by the Board in its sole and absolute discretion) which must be met prior to Options and/or Performance Rights (as the case may be) vesting in a Participant; and

Vesting Condition means any condition to the vesting of Retention Shares or Restricted Stock Units established by the Committee pursuant to Section 9 or Section 10.