Common use of Time for Exercise Clause in Contracts

Time for Exercise. (a) The Award will become vested and exercisable in accordance with the following schedule: (i) 20% of the Stock Appreciation Rights will become vested and exercisable on the first anniversary of the Grant Date, (ii) 20% of the Stock Appreciation Rights will become vested and exercisable on the second anniversary of the Grant Date and (iii) the remaining 60% of the Stock Appreciation Rights subject to the Award will become vested and exercisable on the third anniversary of the Grant Date.

Appears in 8 contracts

Samples: 2005 Stock Incentive Plan (Herbalife Ltd.), 2005 Stock Incentive Plan (Herbalife Ltd.), 2005 Stock Incentive Plan (Herbalife Ltd.)

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Time for Exercise. (a) The Award will become vested and exercisable in accordance with the following schedule: (i) 20% of the Stock Appreciation Rights will become vested and exercisable on the first anniversary of the Grant Date, (ii) 20% of the Stock Appreciation Rights will become vested and exercisable on the second anniversary of the Grant Date and (iii) the remaining 60% of the Stock Appreciation Rights subject to the Award will become vested and exercisable on the third anniversary of the Grant Date.of

Appears in 1 contract

Samples: Incentive Plan Stock Appreciation Right Award Agreement      stock Appreciation Right Agreement

Time for Exercise. (a) The Subject to Paragraph 3 below, the Award will become vested and exercisable in accordance with the following schedule: (i) 20% of the Stock Appreciation Rights will become vested and exercisable on the first anniversary of the Grant Date, (ii) 20% of the Stock Appreciation Rights will become vested and exercisable on the second anniversary of the Grant Date and (iii) the remaining 60% of the Stock Appreciation Rights subject to the Award will become vested and exercisable on the third anniversary of the Grant Date.

Appears in 1 contract

Samples: Stock Incentive Plan (Herbalife Ltd.)

Time for Exercise. (a) The Subject to Paragraph 3 below, the Award will become vested and exercisable in accordance with the following schedule: (i) 20% of the Stock Appreciation Rights will become vested and exercisable on the first anniversary of the Grant Date, (ii) 20100% of the Stock Appreciation Rights will become vested and exercisable on the second anniversary of the Grant Date and (iii) the remaining 60% of the Stock Appreciation Rights subject to the Award will become vested and exercisable on the third anniversary of the Grant Date“Vesting Period”).

Appears in 1 contract

Samples: 2014 Stock Incentive Plan (Herbalife Nutrition Ltd.)

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Time for Exercise. (a) The Award will become vested and exercisable in accordance with the following schedule: (i) 20% of the Stock Appreciation Rights will become vested and exercisable on the first anniversary of the Grant Date, (ii) 20% of the Stock Appreciation Rights will become vested and exercisable on the second anniversary of the Grant Date and (iii) the remaining 60% of the Stock Appreciation Rights subject to the Award will become vested and exercisable on the third anniversary of the Grant Date.the

Appears in 1 contract

Samples: Incentive Plan Stock Appreciation Right Award Agreement      stock Appreciation Right Agreement

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