Vesting Criteria definition

Vesting Criteria means criteria as may be stipulated by the Committee for vesting of Options.
Vesting Criteria. The Units granted in the Award will vest and the number of shares indicated below will be issued on the Determination Date if the specified Performance Measure has been achieved. Number of Shares To Be Issued Upon Achievement of Performance Measure of …. -0- less than 285% 1,920 * 285% 2,400 * 300% 2,880 315% * Number of Shares to be issued for performance between specified Performance Measures shall be pro-rated. Beneficiary Designation (Optional -- see Part II, Section 8): THIS AWARD IS SUBJECT TO FORFEITURE AS PROVIDED IN THIS RESTRICTED STOCK UNIT AGREEMENT AND THE PLAN. By accepting this Award, the Participant acknowledges the receipt of a copy of this Restricted Stock Unit Agreement (including Part II -- Terms and Conditions) and a copy of the Prospectus and agrees to be bound by all the terms and provisions contained in them and in the Plan.
Vesting Criteria means completion of all binding agreements in respect of a Transformational Deal during the Vesting Period, provided that at such date the Consultancy Agreement has not terminated.

Examples of Vesting Criteria in a sentence

  • In the event of the Grantee’s Retirement, the Service Requirements in the Notice of Grant shall be deemed satisfied; provided; however, that any vesting based on the Performance Goal included in the Vesting Criteria shall be satisfied solely to the extent certified by the Company as indicated in the Notice of Grant.

  • In the event of Grantee’s Disability prior to an applicable vesting date for the Restricted Stock Units, the Service Requirements in the Notice of Grant shall be deemed satisfied; provided; however, that any vesting based on the Performance Goal included in the Vesting Criteria shall be satisfied solely to the extent certified by the Company as indicated in the Notice of Grant.

  • The Incentives are subject to performance conditions that must be met for the Incentives to vest (Vesting Criteria).

  • In the event of the death of the Grantee, the Service Requirements in the Notice of Grant shall be deemed satisfied; provided; however, that any vesting based on the Performance Goal included in the Vesting Criteria shall be satisfied solely to the extent certified by the Company as indicated in the Notice of Grant.

  • In the event of Grantee’s Termination of Employment with all Member Companies for any reason other than death, Disability or Retirement prior to the satisfaction of the Vesting Criteria, then the unvested Restricted Stock Units shall be forfeited as of the date of such Termination of Employment.


More Definitions of Vesting Criteria

Vesting Criteria means the criteria set forth in Schedule A — the Vesting Criteria Schedule to this Agreement.
Vesting Criteria means the Existing Shareholder is employed by the Company at the relevant time, or is a Good Leaver.
Vesting Criteria means the minimum cumulative sponsorship fees to be paid for intellectual property grants to vest for each Membership Plan.
Vesting Criteria. As to all shares, on May 16, 2007 (i.e., the first anniversary of May 16, 2006) -------------------------------------------------------------------------------- AGREEMENT dated as of the date set forth above between National Dentex Corporation, a Massachusetts corporation (the "Company"), and the undersigned (the "Grantee"), pursuant to the Company's Amended and Restated 2001 Stock Plan (the "Plan"), receipt of a copy of which is hereby acknowledged by the Grantee. Capitalized terms used and not otherwise defined in this Agreement have the meanings given to them in the Plan.
Vesting Criteria means criteria as may be determined by the Committee as detailed in Section VIII
Vesting Criteria. The following number of shares shall be issued based on the achievement of Relative TSR percentile ranking during the Performance Period as specified in the chart below: Relative TSR Ranking Number of Shares to Be Issued* Less than 25th percentile None 25th percentile 50% of Target Shares 50th percentile 100% of Target Shares 75th percentile 200% of Target Shares * For performance between the 25th and 50th percentile and 50th and 75th percentile, the number of shares to be issued shall be determined by linear interpolation. For example, if DigitalGlobe was in the 60% percentile, 140% of the shares would be paid out.
Vesting Criteria means such criteria as may be stipulated by the committee as conditions precedent to vesting of Options.