Deferred Vesting Sample Clauses

Deferred Vesting. Notwithstanding the foregoing paragraph, the Company, with the approval of the Chief Executive Officer and upon written notice to you, may defer the vesting of all or any portion of the Options to any date that is not more than seven years after the Date of Grant stated above.
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Deferred Vesting. Notwithstanding subsection 4.1 herein, in the event Optionee was a member of the Board of Directors of the Company at the time the grant of this Option was approved, this Option shall not be exercisable until the grant of this Option shall have been ratified, confirmed and approved by the shareholders of the Company in the manner required by law.
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Deferred Vesting. If any portion of the Stock Appreciation Rights does ---------------- not become vested pursuant to the "performance related vesting" provisions of Section 3.1(b) on the scheduled Vesting Date due to the failure of Cash Flow to equal or exceed Target Cash Flow in the applicable fiscal year, then such portion of the Stock Appreciation Rights shall become vested on the next Vesting Date thereafter (the "Deferred Vesting Date") as of which Cumulative Cash Flow equals or exceeds Cumulative Target Cash Flow, provided that (i) as of the last day of the fiscal year preceding the fiscal year in which falls the Deferred Vesting Date, all material obligations of the Company and Blade (including, without limitation, satisfaction of financial covenants) under all outstanding debt agreements have been satisfied and (ii) the Executive shall not have incurred a Termination of Employment prior to such Deferred Vesting Date and provided further that the last Deferred Vesting Date shall be March 31, 2001, after which date the Unvested Percentage of the Stock Appreciation Rights as of such date shall expire. That portion of the Stock Appreciation Rights that does not become vested on the scheduled Deferred Vesting Date due to the failure of the Company or Blade to satisfy debt agreement obligations in accordance with clause (i) above shall expire and be cancelled as of such Deferred Vesting Date and shall not be subject to vesting pursuant to Section 4.1.
Sample 1
Deferred Vesting. In the event the Committee concludes in its sole discretion that on a Vesting Date the Participant has material non-public information that would prohibit him from selling Shares and paying Tax-Related Items, it may, in its sole discretion; defer such Vesting Date by up to 90 days]
Sample 1
Deferred Vesting. Concurrently with the execution hereof, the Company shall grant to Employee, the right and option to purchase 83,334 theretofore authorized but unissued common shares of the Company at an exercise price equal to the market value of such shares as of the date hereof. One-third of such options shall vest, if at all, and be immediately exercisable by Employee, on the first, second and third anniversary, respectively, of the date hereof, provided that Employee is then an employee of the Company as of the date of such vesting.
Sample 1

Related to Deferred Vesting

  • Scheduled Vesting If you remain a Service Provider continuously from the Grant Date specified on the cover page of this Agreement, then the Units will vest in the amounts and on the Scheduled Vesting Dates specified in the Vesting Schedule.

  • Stock Vesting Unless otherwise approved by the Board of Directors, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: (a) twenty-five percent (25%) of such stock shall vest at the end of the first year following the earlier of the date of issuance or such person’s services commencement date with the company, and (b) seventy-five percent (75%) of such stock shall vest over the remaining three (3) years. With respect to any shares of stock purchased by any such person, the Company’s repurchase option shall provide that upon such person’s termination of employment or service with the Company, with or without cause, the Company or its assignee shall have the option to purchase at cost any unvested shares of stock held by such person.

  • Change in Control Vesting The shares of Common Stock underlying each Tranche of Performance Shares may also vest on an accelerated basis in accordance with the applicable provisions of Paragraph 4 of this Agreement should a Change in Control occur after the start but prior to the completion of the Performance Period applicable to that particular Tranche or the Certification Date. Issuance Date: The shares of Common Stock which actually vest and become issuable pursuant to each Tranche of Performance Shares shall be issued in accordance with the provisions of this Agreement applicable to the particular circumstances under which such vesting occurs.

  • Time-Based Vesting Fifty Percent (50%) of the Executive Stock shall vest on each date set forth below (each, a "Vesting Date") as to that number of shares of the Executive Stock set forth opposite such Vesting Date: Vesting Date No. of shares of Executive Stock ------------ -------------------------------- On the first anniversary of the Effective 12.5% of the Executive Stock Date After the first anniversary of the Effective An additional 1.0417% of the Executive Stock Date through the fourth anniversary of the on the first day of each calendar month after the Effective Date first anniversary of the Effective Date until 50% of the Executive Stock is vested

  • Accelerated Vesting of Equity Awards One hundred percent (100%) of Executive’s then-outstanding and unvested Equity Awards will become vested in full. If, however, an outstanding Equity Award is to vest and/or the amount of the award to vest is to be determined based on the achievement of performance criteria, then the Equity Award will vest as to one hundred percent (100%) of the amount of the Equity Award assuming the performance criteria had been achieved at target levels for the relevant performance period(s).

  • Equity Vesting All of the then-unvested shares subject to each of the Executive’s then-outstanding equity awards will immediately vest and, in the case of options and stock appreciation rights, will become exercisable (for avoidance of doubt, no more than 100% of the shares subject to the then-outstanding portion of an equity award may vest and become exercisable under this provision). In the case of equity awards with performance-based vesting, all performance goals and other vesting criteria will be deemed achieved at the greater of actual performance or 100% of target levels. Unless otherwise required under the next following two sentences or, with respect to awards subject to Section 409A of the Code, under Section 5(b) below, any restricted stock units, performance shares, performance units, and/or similar full value awards that vest under this paragraph will be settled on the 61st day following the CIC Qualified Termination. For the avoidance of doubt, if the Executive’s Qualified Termination occurs prior to a Change in Control, then any unvested portion of the Executive’s then-outstanding equity awards will remain outstanding for 3 months or the occurrence of a Change in Control (whichever is earlier) so that any additional benefits due on a CIC Qualified Termination can be provided if a Change in Control occurs within 3 months following the Qualified Termination (provided that in no event will the Executive’s stock options or similar equity awards remain outstanding beyond the equity award’s maximum term to expiration). In such case, if no Change in Control occurs within 3 months following a Qualified Termination, any unvested portion of the Executive’s equity awards automatically will be forfeited permanently on the 3-month anniversary of the Qualified Termination without having vested.

  • Regular Vesting Except as otherwise provided in the Plan or in this Section 2, your RSUs will vest ratably in three (3) equal annual increments commencing on the first anniversary of the Date of Grant.

  • Normal Vesting Subject to the terms and conditions of Sections 2 and 3 hereof, Grantee’s right to receive the Common Shares covered by this Agreement and any Deferred Cash Dividends accumulated with respect thereto shall become nonforfeitable on the fifth anniversary of the Date of Grant if Grantee has been in the continuous employ of the Company or a Subsidiary from the Date of Grant until the date of said fifth anniversary. For purposes of this Agreement, Grantee’s continuous employment with the Company or a Subsidiary shall not be deemed to have been interrupted, and Grantee shall not be deemed to have ceased to be an employee of the Company or a Subsidiary, by reason of any transfer of employment among the Company and its Subsidiaries.

  • Restricted Period; Vesting 3.1. Except as otherwise provided herein, provided that the Grantee remains in Continuous Service through the applicable vesting date, and further provided that any additional conditions and performance goals set forth in Schedule I have been satisfied, the Restricted Stock will vest in accordance with the following schedule: Vesting Date Shares of Common Stock [VESTING DATE] [NUMBER OR PERCENTAGE OF SHARES THAT VEST ON THE VESTING DATE] [VESTING DATE] [NUMBER OR PERCENTAGE OF SHARES THAT VEST ON THE VESTING DATE] The period over which the Restricted Stock vests is referred to as the “Restricted Period”.

  • Time Vesting Subject to Sections 5(b) and 6 below, the RSUs will vest and become nonforfeitable in accordance with and subject to the vesting schedule set forth on Exhibit A attached hereto, subject to the Participant’s continued status as a Service Provider on the applicable vesting date.

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