Examples of Vesting Schedule in a sentence
In the event of an Achievement Event for a particular Tranche, then upon the first occurring Monthly Vesting Date following the related Measurement Date, Participant shall vest as to the number of such Tranche PVUs, if any, for which Participant has satisfied the Service Requirement in accordance with the Monthly Vesting Schedule as of such Monthly Vesting Date, provided Participant is in continuous service as of such Monthly Vesting Date.
Subject to Section 1, the Award shall vest pursuant to the Vesting Schedule set forth in the Notice.
Participant: [ ] Grant Date: [ ] Exercise Price Per Share: $[ ] Total Number of Shares Subject to SARs: [ ] Expiration Date: [ ] Vesting Schedule: Subject to the terms and conditions of the Agreement, the SARs will vest as follows: [ ] By clicking the “ACCEPT” button, the Participant and the Company agree to be bound by the terms and conditions of the Plan, the Agreement, the Foreign Appendix, if applicable, and this Grant Notice all of which the Participant can access through a link from the Grant Notice.
The Shares in which Participant vests in accordance with the foregoing Vesting Schedule shall become issuable on the date specified in clause (i) or (ii) below as applicable: (i) If the Participant has not elected to defer receipt of such Shares pursuant to the terms of the Koppers Holdings Inc.
With respect to Tranche PVUs for which Participant has not satisfied the Service Requirement in accordance with the Monthly Vesting Schedule as of the first occurring Monthly Vesting Date following an Achievement Event for a particular Tranche, vesting shall continue after such Monthly Vesting Date in accordance with the Monthly Vesting Schedule, subject to Participant’s continued service through each such Monthly Vesting Date, except as specifically provided below in Section III(B) and Section IV(B).