Common use of Dates of Vesting Clause in Contracts

Dates of Vesting. Subject to the provisions of Sections 5 and 6 of this Agreement, the RSUs shall cease to be restricted and shall become non-forfeitable (thereafter being referred to as “Vested Shares”) in ([each such anniversary, a] “Vesting Date”); provided, however, that a whole number of RSUs shall vest on each Vesting Date and the Company shall accordingly allocate such RSUs across the Vesting Dates as evenly as possible. Notwithstanding the foregoing, and subject to Sections 5 and 6 below, in the event that the Grantee incurs a Termination of Service prior to any Vesting Date, any RSUs that were unvested at the date of such Termination of Service shall be immediately forfeited to the Company.

Appears in 3 contracts

Samples: Restricted Stock Unit Agreement (Career Education Corp), Restricted Stock Unit Agreement (Career Education Corp), Restricted Stock Unit Agreement (Career Education Corp)

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Dates of Vesting. Subject to the provisions of Sections 5 and 6 of this Agreement, the RSUs shall cease to be restricted and shall become non-forfeitable (thereafter being referred to as “Vested SharesRSUs”) in [Insert vesting provisions] ([each such anniversary, a] “Vesting Date”); provided, however, that a whole number of RSUs shall vest on each Vesting Date and the Company shall accordingly allocate such RSUs across the Vesting Dates as evenly as possible. Notwithstanding the foregoing, and subject to Sections 5 and 6 below, in the event that the Grantee incurs a Termination of Service prior to any Vesting Date, any RSUs that were unvested at the date of such Termination of Service shall be immediately forfeited to the Company.

Appears in 2 contracts

Samples: Cash Settled Restricted Stock Unit Agreement (Career Education Corp), Cash Settled Restricted Stock Unit Agreement (Career Education Corp)

Dates of Vesting. Subject to the provisions of Sections 5 and 6 of this Agreement, the RSUs DSUs shall cease to be restricted and shall become non-forfeitable (thereafter being referred to as “Vested Shares”) in ([each such anniversary, a] “Vesting Date”); provided, however, that a whole number of RSUs DSUs shall vest on each Vesting Date and the Company shall accordingly allocate such RSUs DSUs across the Vesting Dates as evenly as possible. Notwithstanding the foregoing, and subject to Sections 5 and 6 below, in the event that the Grantee incurs a Termination of Service prior to any Vesting Date, any RSUs DSUs that were unvested at the date of such Termination of Service shall be immediately forfeited to the Company.

Appears in 1 contract

Samples: Non Employee Director Deferred Stock Unit Agreement (Career Education Corp)

Dates of Vesting. Subject to the provisions of Sections 5 and 6 of this Agreement, the RSUs shall cease to be restricted and shall become non-forfeitable (thereafter being referred to as “Vested Shares”) in three equal installments on each of June 14, 2016, 2017, and 2018 ([each such anniversary, a] a “Vesting Date”); provided, however, that a whole number of RSUs shall vest on each Vesting Date and the Company shall accordingly allocate such RSUs across the Vesting Dates as evenly as possible. Notwithstanding the foregoing, and subject to Sections 5 and 6 below, in the event that the Grantee incurs a Termination of Service prior to any Vesting Date, any RSUs that were unvested at the date of such Termination of Service shall be immediately forfeited to the Company.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Career Education Corp)

Dates of Vesting. Subject to the provisions of Sections 5 and 6 of this Agreement, the RSUs shall cease to be restricted and shall become non-forfeitable (thereafter being referred to as “Vested Shares”) in four equal installments on each of September 14, 2016, 2017, 2018 and 2019 ([each such anniversary, a] a “Vesting Date”); provided, however, that a whole number of RSUs shall vest on each Vesting Date and the Company shall accordingly allocate such RSUs across the Vesting Dates as evenly as possible. Notwithstanding the foregoing, and subject to Sections 5 and 6 below, in the event that the Grantee incurs a Termination of Service prior to any Vesting Date, any RSUs that were unvested at the date of such Termination of Service shall be immediately forfeited to the Company.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Career Education Corp)

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Dates of Vesting. [Subject to the provisions of Sections Paragraphs 5 and 6 of this Agreement, below,] the RSUs shall cease to be restricted and shall become non-forfeitable (thereafter being referred to as “Vested Shares”) vested in ([each such anniversary, a] “Vesting Date”); provided, however, that a whole number of RSUs shall vest on each Vesting Date and accordance with the Company shall accordingly allocate such RSUs across the Vesting Dates as evenly as possible. following schedule: Notwithstanding the foregoing, [and subject to Sections Paragraphs 5 and 6 below, ,] in the event that the Grantee incurs a Termination of Service prior to any Vesting DateService, any RSUs that were unvested at on the date of such Termination of Service shall be immediately forfeited to the Company.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Associated Banc-Corp)

Dates of Vesting. Subject to the provisions of Sections 5 and 6 of this Agreement, the RSUs shall cease to be restricted and shall become non-forfeitable (thereafter being referred to as “Vested Shares”) in on the anniversary of the Grant Date ([each such anniversary, a] the “Vesting Date”); provided, howeverbut only if the Performance Criteria set forth on Exhibit A attached hereto have been satisfied. If, that a whole number as of the Vesting Date, the Performance Criteria set forth on Exhibit A attached hereto have not been satisfied, then the RSUs shall vest on each Vesting Date and the Company shall accordingly allocate such RSUs across the Vesting Dates as evenly as possiblebe immediately forfeited. Notwithstanding the foregoing, and subject to Sections 5 and 6 below, in the event that the Grantee incurs a Termination of Service prior to any the Vesting Date, any RSUs that were unvested at the date of such Termination of Service shall be immediately forfeited to the Company.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Career Education Corp)

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