Vesting Cycle definition

Vesting Cycle means each of the 2018 Vesting Cycle, 2019 Vesting Cycle and 2020 Vesting Cycle.

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Vesting Cycle means one the following of seven consecutive three calendar year periods: (1) January 1, 1997 through December 31, 1999; (2) January 1, 2000 through December 31, 2002; (3) January 1, 2003 through December 31, 2005; (4) January 1, 2006 through December 31, 2008; (5) January 1,2009 through December 31, 2011; (6) January 1, 2012 through December 31, 2014 and (7) January 1, 2015 through December 31, 2017.

Vesting Cycle means the twelve (12) month period beginning on January 1, 2019 and ending on December 31, 2019.

Examples of Vesting Cycle in a sentence

• During the Vesting Cycle, Performance Share Units awarded pursuant to this Award Agreement may not be sold, transferred, pledged, assigned, or otherwise alienated or hypothecated (“Transfer”), other than by will or by the laws of descent and distribution, except as provided in the Plan.

• If the Key Performance Indicators with respect to the 2016 Vesting Cycle are not satisfied, all of the Restricted Stock Units will instead be available to be earned with respect to the 2017 Vesting Cycle.

• If the Key Performance Indicators are satisfied with respect to the 2015 Vesting Cycle, 100% of the Restricted Stock Units will be earned, but, if the Key Performance Indicators are not so satisfied, all of the Restricted Stock Units will instead be available to be earned with respect to the 2016 Vesting Cycle.

• Any Restricted Stock Units that remain outstanding and unearned as of the Committee Certification Date relating to the 2017 Vesting Cycle will automatically be forfeited as of the Close of Business on such Committee Certification Date.

• The Vesting Cycle commences upon date of grant and ends on September 30, 2009 at which point all units earned shall be fully vested.

• If your termination date due to Death or Disability occurs during the Vesting Cycle, you shall be eligible for Performance Shares payout only if your termination occurs after the end of the Performance Cycle.

• Any Restricted Stock Units from a Vesting Tranche that remain unvested as of any Vesting Date, other than the final Vesting Date, will be transferred to the Vesting Tranche eligible for vesting during the next Vesting Cycle and will remain unvested and eligible for vesting on the Vesting Date relating to such Vesting Tranche.

• In the event that your employment with ▇▇▇▇▇▇ terminates during the Vesting Cycle, for any reason other than those reasons set forth in Paragraphs 10(b) through 10(c), this entire award shall forfeit and no payment shall be made to you.

• Distribution of any earned shares would occur after the Vesting Cycle as specified in Section 9.

• In the event of a Change in Control after the end of the Performance Cycle and prior to the end of the Vesting Cycle, all units earned under this Award Agreement will become fully vested.

More Definitions of Vesting Cycle

Vesting Cycle means each twelve (12) month period beginning on [__] and ending on [__] of the following year. “Vesting Date” means each date on which any Restricted Stock Units cease to be subject to a risk of forfeiture, as determined in accordance with this Agreement. “Vesting Tranche” means the Restricted Stock Units that will vest, subject to this Agreement, at the end of each Vesting Cycle. “Termination for Good Reason” has the meaning specified in the Employment Agreement.

Vesting Cycle means each twelve (12) month period beginning on [__] and ending on [__] of the following year.

Vesting Cycle means each of the following three periods during the Restriction Period: the period commencing on the Date of Grant and ending on August 1, 1998; the period beginning on the Date of Grant and ending on August 1, 1999; and the period beginning on the Date of Grant and ending on August 1, 2000.