Vesting Date definition
Examples of Vesting Date in a sentence
Except as otherwise provided in this Agreement, the number of Performance Shares previously calculated based upon the achievement of the Performance Goals shall vest on the third anniversary of the Grant Date (the “Vesting Date”) only if the Participant remains continuously employed through the Vesting Date.
Except as set forth below or as otherwise provided for in an Employment Arrangement (as defined below in Section 14), if the Participant’s employment terminates prior to the Vesting Date, then the Participant’s Award will be cancelled and all Restricted Stock Units shall be forfeited by the Participant.
Except as set forth below or as otherwise provided for in an Employment Arrangement (as defined in Section 14), if the Participant’s employment terminates prior to the Vesting Date, then the Participant’s Award will be cancelled and the Award shall be forfeited by the Participant.
Except as otherwise provided in this Agreement, the number of Performance Shares previously calculated based on upon the achievement of the Performance Goals shall vest on the third anniversary of the Grant Date (the “Vesting Date”) only if the Participant has remained continuously employed through the Vesting Date.
The Restricted Stock Units shall vest [on the third anniversary of the Grant Date (the “Vesting Date”) / fifty percent per year on the first and second anniversary of the Grant Date (the “First Vesting Date” and “Second Vesting Date,” respectively], subject to the Participant’s continued employment through the [Vesting Date / First and Second Vesting Dates], except as otherwise set forth below.