Vesting Terms definition

Vesting Terms means, subject to the terms of the Plan, such vesting terms as the Board may, on or before the Date of Grant of an Option, specify and set out in the Option Certificate; and
Vesting Terms set forth in Appendix A. Such number of Shares issuable upon exercise of the Option shall be subject to adjustment as provided in Section 7 below.
Vesting Terms has the meaning set out in in Schedule 1

Examples of Vesting Terms in a sentence

  • A Participant may, with the prior agreement of the Board, exercise a Subsisting Option in whole or in part at any time, notwithstanding that it or the relevant part thereof has not then vested in accordance with the Vesting Terms.

  • A Subsisting Option shall be exercisable only to the extent that it has vested in accordance with the Vesting Terms which, for the avoidance of doubt, are subject to Rules 6.2, 6.3, 6.4, 7 and 9.

  • The Board may grant Options to Eligible Participants to acquire Shares subject to the rules of this Plan including the Vesting Terms and such other terms or conditions as the Board may in its absolute discretion determine.

  • The Board may grant Options to Eligible Participants to acquire Plan Shares subject to the Rules including, the Vesting Terms and such other terms or conditions as the Board may in its absolute discretion determine.

  • The Company shall establish a bookkeeping account on its records for the Participant and shall credit the Participant’s Performance Share Units to the bookkeeping account.(b)General Vesting Terms.


More Definitions of Vesting Terms

Vesting Terms. Time Vesting (the “Time Vesting Overlay”): ● Subject to the Exchange Listing Condition: ○ The Option may be exercised with respect to the first 1/3 of the shares thereunder when Participant completes one year of continuous service (which shall include both service provided under the Service Agreement dated as of March 1, 2019 between Hampshire Road Advisors, LLC, of which Participant is the principal, and Maven Coalition, Inc., a Nevada corporation and wholly-owned subsidiary of the Company (“Continuous Service”)) beginning with the Vesting Start Date. ○ The Option may be exercised with respect to an additional 1/36th of the shares thereunder when the Participant completes each month of Continuous Service thereafter. Listing on an Exchange: (the “Exchange Listing Condition”): ● Subject to the Time Vesting Overlay, this Option may only be exercised after the Common Stock has been listed on (or is exchanged in full for the stock of a company listed, following such transaction, on) a securities exchange that has registered with the Securities and Exchange Commission under Section 6 of the Securities Exchange Act of 1934, as amended.
Vesting Terms. The Award shall be subject to the vesting and payment terms set forth in Sections 2 and 3 of this Agreement.
Vesting Terms. Fully vested as of Date of Grant Exercise Price per Share: $0.50 Total Number of Shares Granted: 500,000 Total Exercise Price $250,000.00 Term/Expiration Date: 5-Year Anniversary of Date of Grant (September 2, 2010).
Vesting Terms means the terms on which the Option becomes exercisable as described in the Notice.
Vesting Terms. [____] years Purchase Price: None This Restricted Stock Award represents the right to receive the Shares only when, and with respect to the number of Shares to which, the Restricted Stock Award has vested (the “Vested Shares”). With respect to the Shares of Restricted Stock, Participant shall be entitled at all times on and after the date of issuance of the Vested Shares to exercise the rights of a shareholder of Common Stock of the Company, including the right to vote the Shares and the right to receive dividends, if any, declared on the Shares.
Vesting Terms. [____] years Purchase Price: None This RSU Award represents the right to receive the Shares only when, and with respect to the number of Shares to which, the RSU Award has vested (the “Vested Shares”).
Vesting Terms. [____] years Purchase Price: None This SAR Award represents the right to receive the Shares only when, and with respect to the number of Shares to which, the SAR Award has vested (the “Vested Shares”). This SAR Award terminates at the close of business ten (10) years from the Effective Date.