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 Performance Shares at any time, subject to the terms of the Plan. If so accelerated, such Performance Shares will be considered as having vested as of the date specified by the Administrator.

Appears in 5 contracts

Samples: Performance Share Agreement (Echelon Corp), Performance Share Agreement (Echelon Corp), Performance Share Agreement (Echelon Corp)

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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 Performance Shares at any time, subject to the terms of the Plan, and if permissible under local law. If so accelerated, such Performance Shares will be considered as having vested as of the date specified by the Administrator.

Appears in 5 contracts

Samples: Performance Share Award Agreement (Echelon Corp), Performance Share Award Agreement (Echelon Corp), Performance Share Agreement (Echelon Corp)

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

Appears in 2 contracts

Samples: Inducement Performance Unit Award Agreement (Splunk Inc), Performance Unit Award Agreement (Splunk Inc)

Administrator Discretion. The In the Administrator, in its ’s sole discretion, and at any time, the Administrator may accelerate vesting for the vesting of the entire then-remaining balance, or some for any lesser portion of the entire then-remaining balance, of the unvested Performance Shares at any timeShares, subject to the terms of the Plan’s terms. If so accelerated, such then the Performance Shares will be considered as having vested as of the date specified by the Administrator.

Appears in 1 contract

Samples: Performance Share Award Agreement (Nextg Networks Inc)

Administrator Discretion. The Administrator, in its discretion, may accelerate the vesting of the balance, or some lesser portion of the balance, of the unvested Performance Shares at any time, subject to the terms of the Plan. If so accelerated, such Performance Shares will be considered as having vested as of the date specified by the Administrator. 1 Officers only.

Appears in 1 contract

Samples: Performance Share Agreement (Echelon Corp)

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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 Performance Shares at any time, subject to the terms of the Plan. If so accelerated, such Performance Shares will be considered as having vested as of the date specified by the Administrator.

Appears in 1 contract

Samples: Performance Share Award Agreement (SourceForge, Inc)

Administrator Discretion. The Administrator, in its discretion, may accelerate the vesting of the balance, or some lesser portion of the balance, of the unvested Performance Shares Units at any time, subject to the terms of the Plan. If so accelerated, such Performance Shares Units will be considered as having vested as of the date specified by the AdministratorAdministrator and shall be settled in accordance with Section 2 of this Award Agreement.

Appears in 1 contract

Samples: Performance Unit Award Agreement (Marcus & Millichap, Inc.)

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