Cliff Vesting. The Performance Period for this Option is _____ years (at least one), beginning on the date specified in part I above. After the Performance Period expires, the Committee will determine whether the Performance Measures specified in part I above were achieved. If the Performance Measures were achieved in full, the Grantee will vest in this entire Option. If the Performance Measures were not achieved in full, the Grantee will forfeit this entire Option.
Cliff Vesting. All Matching Contributions must be 100% vested after (not more than 3) Years of Vesting Service.
Cliff Vesting. After a Participant has rendered a specified number of Months of Service (between 1 and 36, as elected by the Plan Sponsor in its Adoption Agreement) as determined under Section 8.5, the Participant’s Forfeitable Account Balances are fully Vested;
Cliff Vesting. For so long as the Optionee is employed by or provides services to the Company or a Subsidiary, the Option Shares granted hereunder shall vest on . Notwithstanding the foregoing, the Option Shares shall immediately vest, to the extent not already vested, in the event of a Change in Control (subject to the limitations set forth in the Plan). The right of the Optionee to purchase shares with respect to which this Option has become vested as herein provided may be exercised in whole or in part at any time or from time to time up to the expiration of the stated term of such Option as set forth under Section 2 above[, but in no event earlier than months following the Grant Date].
Cliff Vesting. 100% vesting after (ELECT ONE):
Cliff Vesting. Employer Contributions are 100% vested after a Participant has been employed as an Eligible Employee for years (not to exceed 5 years) (the "Vesting Period"). Matching contributions remain 0% vested until the Participant satisfies the full Vesting Period.
