Vesting Schedule Sample Clauses

Vesting Schedule. Except as provided in Section 4, and subject to Section 5, the Restricted Stock Units awarded by this Award Agreement will vest in accordance with the vesting provisions set forth in the Notice of Grant. Restricted Stock Units scheduled to vest on a certain date or upon the occurrence of a certain condition will not vest in Participant in accordance with any of the provisions of this Award Agreement, unless Participant will have been continuously a Service Provider from the Date of Grant until the date such vesting occurs.
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Vesting Schedule. This option will become exercisable (“vest”) in accordance with the vesting schedule set forth in the Notice of Grant. The right of exercise shall be cumulative so that to the extent the option is not exercised in any period to the maximum extent permissible it shall continue to be exercisable, in whole or in part, with respect to all Shares for which it is vested until the earlier of the Final Exercise Date or the termination of this option under Section 3 hereof or the Plan.
Vesting Schedule. Subject to the terms of the Stock Option Agreement (including without limitation all exhibits thereto), the Option shall be eligible to become exercisable upon the achievement of performance objectives over the period set forth in Exhibit B hereto (provided that the Participant is an Eligible Person (as defined in the Plan) at all times during the period beginning on the Grant Date and ending on the applicable vesting date): By his or her signature, the Participant agrees to be bound by the terms and conditions of the Plan, the Stock Option Agreement and this Grant Notice. The Participant has reviewed the Stock Option Agreement, the Plan and this Grant Notice in their entirety, has had an opportunity to obtain the advice of counsel prior to executing this Grant Notice and fully understands all provisions of this Grant Notice, the Stock Option Agreement and the Plan. The Participant agrees that as a condition to receiving the Option, the Participant shall comply with the Stock Retention Guidelines set forth on Exhibit C. The Participant hereby agrees to accept as binding, conclusive and final all decisions or interpretations of the Committee upon any questions arising under the Plan or relating to the Option. TRANSDIGM GROUP INCORPORATED PARTICIPANT By: By: Print Name: Print Name: Title: Address: Address: EXHIBIT A TO STOCK OPTION GRANT NOTICE STOCK OPTION AGREEMENT Pursuant to the Stock Option Grant Notice (the “Grant Notice”) to which this Stock Option Agreement (this “Agreement”) is attached, TransDigm Group Incorporated, a Delaware corporation (the “Company”), has granted to the Participant an option (the “Option”)1 under the Company’s 2006 Stock Incentive Plan (the “Plan”) to purchase the number of shares of Stock indicated in the Grant Notice.
Vesting Schedule. Except as provided in Section 3, the Option awarded by this Award Agreement will vest in accordance with the vesting provisions set forth in the Notice of Grant. Shares scheduled to vest on a certain date or upon the occurrence of a certain condition will not vest in Participant in accordance with any of the provisions of this Award Agreement, unless Participant will have been continuously a Service Provider from the Date of Grant until the date such vesting occurs.
Vesting Schedule. Except as otherwise provided herein, an amount of Unvested Securities (as defined below) shall vest in accordance with the following schedule: Cumulative Percentage of Executive Date Securities Vested on Such Date ---- ---------------------------------- August 13, 1997 20% August 13, 1998 60% August 13, 1999 80% August 13, 2000 100% Notwithstanding the foregoing sentence, and except as otherwise provided herein, the above vesting schedule shall cease and no Unvested Securities (as defined below) shall vest after the date on which Executive's employment with the Company and its Subsidiaries terminates for any reason; provided that if Executive's employment is terminated by the Company without Cause, the Executive Securities shall thereafter continue to vest in accordance with the above schedule so long as Executive has not committed a Vesting Termination Breach (upon which breach the vesting schedule shall cease, and no Unvested Securities (as defined below) shall vest on or after the date of the first such breach). In the event the Company has alleged that Executive has committed a Vesting Termination Breach, Executive disputes such allegation, and the matter is subject to the dispute resolution provisions set forth in paragraph 5, vesting shall be tolled upon the date of the allegation of such breach; provided that (i) if it is ultimately resolved under paragraph 5 that Executive has committed a Vesting Termination Breach, the tolling shall become a permanent cessation such that vesting shall have forever ceased upon the date of such allegation, and (ii) if it is ultimately resolved under paragraph 5 that Executive did not commit a Vesting Termination Breach, a number of Unvested Securities shall vest giving retroactive effect to such vesting schedule such that there shall exist a number of Vested Securities as if the vesting schedule had not been tolled as a result of such allegations. Executive Securities which have become vested pursuant to this Agreement are referred to herein as "Vested Securities," and all other Executive Securities are referred to herein as "Unvested Securities."
Vesting Schedule. This option will become exercisable (“vest”) as to % of the original number of Shares on the anniversary of the Grant Date and as to an additional % of the original number of Shares at the end of each successive period following the anniversary of the Grant Date until the anniversary of the Grant Date. The right of exercise shall be cumulative so that to the extent the option is not exercised in any period to the maximum extent permissible it shall continue to be exercisable, in whole or in part, with respect to all Shares for which it is vested until the earlier of the Final Exercise Date or the termination of this option under Section 3 hereof or the Plan.
Vesting Schedule. The Options are exercisable in accordance with the following vesting schedule:
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Vesting Schedule. This option will become exercisable (“vest”) as to % of the original number of Shares on the [first] anniversary of the Grant Date and as to an additional % of the original number of Shares at the end of each successive [three-month] period following the first anniversary of the Grant Date until the [fourth] anniversary of the Grant Date. The right of exercise shall be cumulative so that to the extent the option is not exercised in any period to the maximum extent permissible it shall continue to be exercisable, in whole or in part, with respect to all Shares for which it is vested until the earlier of the Final Exercise Date or the termination of this option under Section 3 hereof or the Plan.
Vesting Schedule. The Options shall vest in accordance with Exhibit A.
Vesting Schedule. This option will become exercisable (“vest”) as to 25% of the original number of Shares on the first anniversary of the Vesting Commencement Date (as defined below) and as to an additional 2.0833% of the original number of Shares at the end of each successive month following the first anniversary of the Vesting Commencement Date until the fourth anniversary of the Vesting Commencement Date. On the fourth anniversary of the Vesting Commencement Date, this option will be exercisable as to all Shares. For purposes of this Agreement, “
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