Award Vesting. (a) The Cash Incentive Award shall be unearned and unvested unless and until it becomes earned and vested and nonforfeitable in accordance with this Section 3. The Cash Incentive Award shall vest and be earned and payable as follows: (i) 1/3 on the Trigger Event Date; (ii) an additional 1/3 on the first anniversary of the Trigger Event Date; and (iii) the final 1/3 on the second anniversary of the Trigger Event Date. Any portion of the Cash Incentive Award granted pursuant to this Agreement that becomes earned in accordance with this Agreement shall be referred to herein as “Earned Cash Incentive Award.”
Award Vesting. The Company hereby awards to Holder, and Holder hereby accepts, as of the Date of Award, the number of shares of Common Stock indicated below (the “Restricted Stock”) for the purchase price per share, if any, indicated below. The Restricted Stock shall be subject to all of the terms and conditions set forth in this Agreement, including the restrictions imposed pursuant to Section 3 hereof. Holder: ________________________ Date of Award: _________, 200__ Number of shares of Restricted Stock: ____________ Purchase Price per share: $0.001 Vesting Schedule: __________ shares on __________, 20 __________ shares on __________, 20 __________ shares on __________, 20 Holder must be [a director] [an employee] on the date the Restricted Stock is scheduled to vest pursuant to the above Vesting Schedule in order to receive any shares of Common Stock pursuant to Section 4(b).
Award Vesting. The Company hereby awards to Holder, and Holder hereby accepts, as of the Date of Award, the number of Restricted Stock Units (the “Units”) indicated below. The Units shall be subject to all of the terms and conditions set forth in this Agreement, including the restrictions imposed pursuant to Section 3 hereof. Holder: Xxxxxx Xxxxxxx Date of Award: April 24, 2015 Number of Restricted Stock Units: 21,000 Vesting Schedule: Number of Units Scheduled Vesting Date 7,000 7,000 7,000 April 24, 2016 April 24, 2017 April 24, 2018 Holder must be an employee on the date the Units vest pursuant to the above Vesting Schedule in order to receive any shares of Common Stock pursuant to Section 4(b).
Award Vesting. (a) The Company, effective as of the date of this Agreement, hereby grants to the Recipient, and the Recipient hereby accepts from the Company, upon the terms and subject to the conditions, limitations and restrictions set forth in this Agreement and the Plan, restricted stock units (the “Restricted Stock Units”) convertible into 22,026 shares (the “Shares”) of the Company’s Common Stock, par value $0.01 per share.
Award Vesting. (a) Executive is hereby granted the Award, which shall vest and become payable as follows:
Award Vesting. No Award Amount will be payable to you hereunder unless the Award is vested. The Award will vest in the following circumstances:
Award Vesting. The Committee will certify the Relative TSR percentile ranking of the Company after the End Date of each Measurement Period and determine the actual number of Award Units that vest for that Measurement Period on or before each applicable Vest Date. APPENDIX C FORM OF SEVERANCE AGREEMENT AND RELEASE This SEVERANCE AGREEMENT AND RELEASE (this “Agreement”) is made as of [ ], 200[ ], by and between Electronic Arts Inc., a Delaware corporation, with its principal place of business at 000 Xxxxxxx Xxxxxx Xxxxxxx, Xxxxxxx Xxxx, Xxxxxxxxxx 00000-0000 (which together with its affiliates and subsidiaries, if any, will hereinafter collectively be called “Employer”) and [ ], an individual residing at [ ] (“Employee”).
Award Vesting. Employee is granted the Award, which shall vest and become payable in four equal installments on the payroll cycle following each of ###DATE1###, ###DATE2###, ###DATE3###, and ###DATE4### (each, a “Vesting Date”, subject to Employee’s continuing to be employed by or provide service to the Company through each such Vesting Date. For the avoidance of doubt, ###MONTH_DAY### of each year shall be considered the vesting date for purposes of this Agreement.
Award Vesting. Subject to the other provisions contained herein, the Award shall vest and become payable to you as follows, subject to your Continuous Service following the Grant Date and through and including each applicable vesting date (and there shall be no proportionate or partial vesting in the periods prior to the applicable vesting date): • One-third (1/3) of the Award Amount will vest upon the affirmative final investment decision by the Board with respect to the Driftwood LNG project (“FID”, and the date of FID, the “FID Date”); • One-third (1/3) of the Award Amount will vest on the one (1)- year anniversary of the FID Date; and • One-third (1/3) of the Award Amount will vest on the two (2)- year anniversary of the FID Date.
Award Vesting. The Company hereby awards to Holder, and Holder hereby accepts, as of the Date of Award, the number of Restricted Stock Units (the “Units”) indicated below. The Units shall be subject to all of the terms and conditions set forth in this Agreement, including the restrictions imposed pursuant to Section 3 hereof. Holder: Date of Award: Number of Restricted Stock Units: Vesting Schedule: Number of Units Scheduled Vesting Date Holder must be an employee on the date the Units vest pursuant to the above Vesting Schedule in order to receive any shares of Common Stock pursuant to Section 4(b).
