Vesting Events definition
Examples of Vesting Events in a sentence
The Award will be exercisable upon the Vesting Dates and/or Vesting Events set forth in Section 3.
Unless otherwise provided in the Plan, your Restricted Stock Units shall vest in accordance with the Vesting Schedule and/or upon the Special Vesting Events set forth in the Notice of Restricted Stock Unit Grant.
The Accelerated Vesting Events are as follows: a Change of Control of the Company.
Any failure to accomplish any of the Vesting Events as delineated above will result in the expiration and cancellation of that portion of the Option vesting upon the occurrence of (1), or (2) above.
Prior to the occurrence of a Vesting Event, no portion of the Option shall be exercisable by Optionee, and Option Shares shall become subject to purchase under the terms and provisions of the Option only to the extent that Vesting Events occur as set forth in the preceding sentence.
The number of Additional Shares that vest upon the achievement of a Per Share Public Trading Price that falls within a higher Range than that which triggered the prior Vesting Event(s) shall be (a) the number of Shares corresponding to such Per Share Public Trading Price in the chart in Section 1 hereof, less (b) the sum of (i) the number of Shares which vested upon the prior Vesting Event(s) and (ii) the number (if any) of Additional Shares that previously vested in accordance with this Section 2.
In the event your Continuous Service is terminated as a result of death or Disability on or after a Change in Control but prior to the Time-Vesting Date, the vesting provisions set forth in “Special Vesting Events – Termination Due to Death or Disability – On or After the End of the Performance Period” shall apply.
Unless otherwise provided in the Plan, Participant’s Restricted Stock Units shall vest in accordance with the Vesting Schedule and/or upon the Special Vesting Events set forth in the Notice of Restricted Stock Unit Award.
Unless otherwise provided in the Plan, Participant’s Restricted Stock shall vest in accordance with the Vesting Schedule and/or upon the Special Vesting Events set forth in the Notice of Restricted Stock Grant.
Except for any Accelerated Vesting Events as set forth in Section 2, if the Consultant ceases to maintain a Business Relationship with the Company, vesting of unvested Shares shall immediately cease, this Option may be exercised by the Optionee only as to any Shares that are vested on the date of termination of the Consultant’s Business Relationship and this Option may be exercised only until the Expiration Date.