Vesting Period definition

Vesting Period means the period of time specified by the Committee during which vesting restrictions for an Award are applicable.
Vesting Period means the period beginning on the Grant Date and ending on the Vesting Date.
Vesting Period means, with respect to a Grant of Share Units, the period specified by the Board, commencing on the Grant Date and ending on the last Vesting Date for such Share Units.

Examples of Vesting Period in a sentence

  • In the event of a Participant’s death or Disability prior to the last day of the Vesting Period, the number of RSUs that become payable under Section 3 is determined as follows: A.

  • Notwithstanding the foregoing, if the Participant has reached or reaches age 66 before or during the Initial Vesting Period, the Participant shall not be eligible to defer the receipt of Shares pursuant to this Agreement and, to the extent any Deferral Election is made, it shall be void, ab initio.


More Definitions of Vesting Period

Vesting Period means the period during which the vesting of the Option granted to the Participant in pursuance of the Plan takes place.
Vesting Period means, in relation to Restricted Shares or Restricted Units, any period of not less than 12 months beginning with the first day of the month in which the grant of the applicable Restricted Shares or Restricted Units is effective, during which such Restricted Shares or Restricted Units may be forfeited if the Participant terminates employment.
Vesting Period means the period specified in the Addendum.
Vesting Period means the period, as determined by the Board of Directors for each Option, that must elapse before the Option may be exercised under this Plan as a Vested Option.
Vesting Period means the period during which the vesting takes place.
Vesting Period means the period during which an Award granted hereunder is subject to a service or performance-related restriction, as set forth in the related Award Agreement.
Vesting Period means a fixed period of time between the date of offer by the employer and the date after which the option to purchase can be exercised by the employee.