Common use of Administrator Discretion Clause in Contracts

Administrator Discretion. The Administrator, in its discretion, may accelerate the vesting of the balance, or some lesser portion of the balance, of the RSUs at any time, subject to the terms of the Plan. If so accelerated, such RSUs will be considered as having vested as of the date specified by the Administrator.

Appears in 14 contracts

Samples: Restricted Stock Unit Agreement (Vmware, Inc.), Restricted Stock Unit Agreement (Vmware, Inc.), Restricted Stock Unit Agreement (Vmware, Inc.)

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Administrator Discretion. The Administrator, in its discretion, may accelerate the vesting of the balance, or some lesser portion of the balance, of the unvested RSUs at any time, subject to the terms of the Plan. If so accelerated, such RSUs will be considered as having vested as of the date specified by the Administrator.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Sarepta Therapeutics, Inc.), Restricted Stock Unit Award Agreement (Sarepta Therapeutics, Inc.)

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Administrator Discretion. The Administrator, in its discretion, may accelerate the vesting of the balance, or some lesser portion of the balance, of the RSUs at any time, subject to the terms of the Plan. If so they are accelerated, such RSUs will be considered as having vested as of the date specified by the Administrator.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Nexx Systems Inc), Restricted Stock Unit Agreement (Knight Ridder Inc)

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