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.
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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”):
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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.
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Date of Vesting. On the occurrence of an event described in Rule 2.5.1, a Restricted Award will subject to Rule 2.4, vest to the extent specified by the Remuneration Committee in accordance with Rule 2.5.3 as follows: 2.5.2.1 in relation to Rule 2.5.1.1, on the date that the change of Control takes effect; 2.5.2.2 in relation to Rule 2.5.1.2, on the date on which the scheme of arrangement is sanctioned by the Court ,; and 2.5.2.3 in relation to Rule 2.5.1.3, conditionally on the resolution being passed.
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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.
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Date of Vesting. Subject to the provisions of Paragraphs 6 and 7 below, the RSUs shall become vested in accordance with the following schedule:
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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.
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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.
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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).
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Related to Date of Vesting

  • Time Vesting Subject to Sections 5(b) and 6 below, the RSUs will vest and become nonforfeitable in accordance with and subject to the time vesting schedule set forth on Exhibit A attached hereto, subject to the Participant’s continued status as a Service Provider through each applicable vesting date.

  • Stock Vesting Unless otherwise approved by the Board of Directors, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: (a) twenty-five percent (25%) of such stock shall vest at the end of the first year following the earlier of the date of issuance or such person’s services commencement date with the Company, and (b) seventy-five percent (75%) of such stock shall vest over the remaining three (3) years.

  • Equity Vesting All of the then-unvested shares subject to each of the Executive’s then-outstanding equity awards will immediately vest and, in the case of options and stock appreciation rights, will become exercisable (for avoidance of doubt, no more than 100% of the shares subject to the then-outstanding portion of an equity award may vest and become exercisable under this provision). In the case of equity awards with performance-based vesting, all performance goals and other vesting criteria will be deemed achieved at the greater of actual performance or 100% of target levels. Unless otherwise required under the next following two sentences or, with respect to awards subject to Section 409A of the Code, under Section 5(b) below, any restricted stock units, performance shares, performance units, and/or similar full value awards that vest under this paragraph will be settled on the 61st day following the CIC Qualified Termination. For the avoidance of doubt, if the Executive’s Qualified Termination occurs prior to a Change in Control, then any unvested portion of the Executive’s then-outstanding equity awards will remain outstanding for 3 months or the occurrence of a Change in Control (whichever is earlier) so that any additional benefits due on a CIC Qualified Termination can be provided if a Change in Control occurs within 3 months following the Qualified Termination (provided that in no event will the Executive’s stock options or similar equity awards remain outstanding beyond the equity award’s maximum term to expiration). In such case, if no Change in Control occurs within 3 months following a Qualified Termination, any unvested portion of the Executive’s equity awards automatically will be forfeited permanently on the 3-month anniversary of the Qualified Termination without having vested.

  • Normal Vesting Subject to the Plan and this Agreement, if the Participant has been in Continuous Employment through the Vesting Date as set forth in Section 1, then the RSUs subject to such Vesting Date will become nonforfeitable (“Vest” or similar terms).

  • Option Vesting Options shall vest as follows: -------------- (a) 100% of the Options shall vest on the 1st anniversary of the Grant Date; (b) In the event of any change in control, merger or consolidation between the Company and any other entity (other than one in which the stockholders of the Company prior to such transaction receive, in exchange for their Company shares, stock of the surviving corporation and such stock constitutes more than 50% of the outstanding stock of the surviving corporation following such transaction), or any sale by the Company of all or substantially all of its assets, all Options then held by the Director that have not theretofore vested shall vest five days prior to the earlier of (i) the record date, if any, for such transaction and (ii) the closing date of such transaction, both subject to Section 4(a).

  • Regular Vesting Except as otherwise provided in the Plan or in this Section 2, your RSUs will vest ratably in three (3) equal annual increments commencing on the first anniversary of the Date of Grant.

  • Time-Based Vesting Fifty Percent (50%) of the Executive Stock shall vest on each date set forth below (each, a "Vesting Date") as to that number of shares of the Executive Stock set forth opposite such Vesting Date: Vesting Date No. of shares of Executive Stock ------------ -------------------------------- On the first anniversary of the Effective 12.5% of the Executive Stock Date After the first anniversary of the Effective An additional 1.0417% of the Executive Stock Date through the fourth anniversary of the on the first day of each calendar month after the Effective Date first anniversary of the Effective Date until 50% of the Executive Stock is vested

  • Scheduled Vesting If you remain a Service Provider continuously from the Grant Date specified on the cover page of this Agreement, then the Units will vest in the amounts and on the Scheduled Vesting Dates specified in the Vesting Schedule.

  • Exercise Period Vesting 4.1. 1 111,111 Series C Warrants to purchase up to 1,111,111 Warrant Shares (50% of Series C Warrants) shall vest on March 1, 2023 (the “Second Vesting Date”) and be exercisable as of the Second Vesting Date and for three (3) years thereafter, subject to Section ‎4.3 below.; provided, however, that the Warrants under this Section ‎4.1 shall expire on the Second Vesting Date in the event the Milestone is not met, and the Partner has notified the Company on its decision to rescind the remaining balance of the Facility; 4.2. 1 111,111 Series C Warrants to purchase up to 1,111,111 Warrant Shares (50% of Series C Warrants) shall vest on September 1, 2023 (the “Third Vesting Date”) and be exercisable as of the Third Vesting Date and for three (3) years thereafter, subject to Section ‎‎4.3 below; provided, however, that the Warrants under this Section ‎4.2 shall expire on the Third Vesting Date in the event the Milestone is not met, and the Partner has notified the Company on its decision to rescind the remaining balance of the Facility; and further provided, that the Warrants under this Section ‎‎4.2 shall expire on the Third Vesting Date pro rata to the amounts of Tranches 3-8 which shall have not been actually withdrawn by the Company. By way of illustration only, (a) if the Company, at its sole discretion, withdraws US$0.5 million out of US$2 million of Tranches 3-8 available under the Agreement, than 833,333 Series C Warrants to purchase up to 833,333 Warrant Shares [75% of Series C Warrants under this Section ‎4.2] shall expire on the Third Vesting Date; and (b) if the Company, at its sole discretion, withdraws US$2 million out of US$2 million of Tranches 3-8 available under the Agreement, than none of Series C Warrants under this Section ‎4.2 shall expire on the Third Vesting Date;

  • General Vesting The Shares of Restricted Stock shall become vested in the following amounts, at the following times and upon the following conditions, provided that the Termination of Service of the Participant does not occur before the applicable date on which the Shares of Restricted Stock become vested (the “Vesting Date”): Except as otherwise provided in Sections 2(b) and 4 hereof, there shall be no proportionate or partial vesting of Shares of Restricted Stock in or during the months, days or periods prior to each Vesting Date, and all vesting of Shares of Restricted Stock shall occur only on the applicable Vesting Date.

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