Date of Vesting Sample Clauses
Date of Vesting. Subject to Feltheimer’s continued employment hereunder through the relevant vesting date, the RSUs shall vest as follows:
(i) The Time Vesting RSUs (320,000 RSUs) shall vest in four (4) equal annual installments with the first such installment vesting on September 20, 2007, and the last vesting on September 20, 2010.
(ii) The Performance Vesting RSUs shall be eligible to vest on an annual schedule with the first grant being eligible to vest on March 31, 2008, the second on March 31, 2009, the third on March 31, 2010, and the fourth on March 31, 2011 (each, a “Performance Vesting Date”); provided, however, that the vesting of the RSUs on each such Performance Vesting Date shall be subject to satisfaction of annual Company performance targets approved in advance by the Compensation Committee for the twelve (12) month period ending on such Performance Vesting Date. The RSUs provided for by this Section 6(b)(ii) shall vest on a sliding scale basis if the Company performance targets have not been fully met for a particular year. For purposes of example only, if seventy five (75) percent of Company targets have been met for a particular year, seventy five (75) percent of the grant for that year would vest. Notwithstanding the foregoing, the Compensation Committee may, in its sole discretion, provide that any or all of the RSUs scheduled to vest on any such Performance Vesting Date shall be deemed vested as of such date even if the applicable performance targets are not met. Furthermore, the Compensation Committee may, in its sole discretion, provide that any RSUs scheduled to vest on any such Performance Vesting Date that do not vest because the applicable performance targets are not met may vest on any future Performance Vesting Date if the performance targets applicable to such future Performance Vesting Date are exceeded.
Date of Vesting. Subject to continued employment under Section 4 below, the RSUs shall vest and become nonforfeitable in accordance with the following schedule (each date is a “Vesting Date”):
Date of Vesting. Subject to earlier vesting as provided below and in Section 6(c) of the Plan, the Common Shares subject to this Grant shall vest in full on January 2, 2006, provided the Employee is then still employed by the Company or by any "Related Corporation," as defined below.
Date of Vesting. On the occurrence of an event described in Rule 3.5.1, a Matched Award will, subject to Rule 3.4, vest to the extent specified by the Remuneration Committee in accordance with Rule 3.5.3 as follows:
3.5.2.1 in relation to Rule 3.5.1.1, on the date that the change of Control takes effect;
3.5.2.2 in relation to Rule 3.5.1.2, on the date on which the scheme of arrangement is sanctioned by the Court; and
3.5.2.3 in relation to Rule 3.5.1.3, conditionally on the resolution being passed.
Date of Vesting. Subject to rules 5.2, 5.3 and 5.4 and other than in a case falling within rules 7 (cessation of Employment) or 8 (Company events) an Award will Vest on the later of:
(a) the relevant Ordinary Vesting Date; and
(b) the date upon which the Board determines whether any Performance Condition (in whole or in part) or any other condition which may have been imposed pursuant to rule 1.6(b)(ii) has been satisfied.
Date of Vesting. The Common Shares subject to this Grant shall vest in full as of the earliest of (1) one year after the date on which the Board of Directors of the Company (the "Board") elects a permanent (as opposed to acting) Chief Executive Officer to succeed Xxxxxx X. Xxxxxxx, (2) one year after the date on which a "Change in Control" (as defined below) occurs, or (3) January 31, 1997, provided that Employee is then still employed by the Company or by any "Related Corporation" (as defined below). Such Common Shares shall also vest in full upon the earlier termination of Employee's employment with the Company and all Related Corporations for any reason other than resignation without the express consent of the Board or "Cause" (as defined below). Notwithstanding the foregoing, the Committee, if it determines that the circumstances warrant, may accelerate the date of vesting of all or a portion of the Common Shares which are not vested, subject to such further conditions, if any, as the Committee may determine.
Date of Vesting. Subject to the provisions of Paragraphs 6 and 7 below, the RSUs shall become vested in accordance with the following schedule:
Date of Vesting. Subject to the provisions of Paragraphs 6 and 7 below, the RSUs shall become vested (a) based on the terms and conditions specified in Exhibit B hereto (the “Performance Criteria”), and (b) on the date (the “Vesting Date”) that the Committee determines, in writing and in its sole discretion, the number of RSUs and Dividend Equivalents that shall become vested pursuant to the Performance Criteria. Notwithstanding the foregoing, and subject to Paragraphs 6 and 7 below, in the event that the Grantee incurs a Termination of Service prior to the Vesting Date, any RSUs or Dividend Equivalents that were unvested on the date of such Termination of Service shall be immediately forfeited to the Company. Any RSUs or Dividend Equivalents that do not vest on the Vesting Date shall be forfeited to the Company. The Committee shall have full discretion and authority to determine whether and to what extent the Performance Criteria have been satisfied, and the determination of the Committee shall be final and binding on the Grantee, the Company, and all other Persons. In addition, notwithstanding the fact that the Performance Criteria may otherwise be fully satisfied, to the extent determined by the Committee in its sole and complete discretion, the number of RSUs and Dividend Equivalents that are to vest on the Vesting Date may be reduced by the Committee. Any such reduction shall be determined after the end of the applicable performance period and on or prior to the Vesting Date. Nothing in this Paragraph 5 shall affect the requirement that the Grantee remain employed by the Company as of the Vesting Date (subject to Paragraphs 6 and 7 below).
Date of Vesting. A Stock Option Holder will not be subject to Taiwan taxation on the vesting date of the stock option under the Rules.
Date of Vesting. Any Restricted Stock that is subject to the vesting schedule set forth above and which has not yet vested shall be forfeited and reacquired by the Bank on the earlier to occur of (a) ninety (90) days after your Separation from Service (as defined in the 2014 Plan) with the Bank for any reason, unless such termination is due to your permanent and total disability (within the meaning of Section 22(e)(3) of the Code) in which case the Award shall vest in full, or (b) the date of your Separation of Service if such termination is for Cause (as defined in the 2014 Plan), in which case the Award shall terminate on the date of such Separation of Service.