Examples of Vesting Date in a sentence
As soon as practicable following the Vesting Date or such earlier vesting date as otherwise provided in this Agreement, the Award shall be promptly paid out in Shares.
If you have a Termination of Employment prior to the Vesting Date, then except as provided in paragraph 4, paragraph 5 and paragraph 6 of this Section 3 of this Exhibit A, you will forfeit the Performance Cash Award, and will have no right to earn or receive payment of any amount under Section 3 of this Exhibit A.
Except as provided in this Section 4 and in Section 8 below, vesting of the Award requires continued active employment or service through each applicable Vesting Date as a condition to the vesting of the applicable installment of the Award and the rights and benefits under this Award Agreement.
Notwithstanding the foregoing, and except as otherwise provided by the Committee, in the event of the Participant’s Termination of Service due to the Participant’s Retirement (defined below) on or after the first anniversary of the Award Date, death or Disability, any unvested RSUs shall continue to be eligible to vest on the Vesting Date without regard to the Participant’s Termination of Service.
As of the applicable Vesting Date, Grantee shall be entitled to the delivery of Shares with respect to the applicable Earned PSUs.