Common use of Earning and Vesting Clause in Contracts

Earning and Vesting. The Performance Shares are subject to forfeiture until they become earned and they vest. Subject to the terms and conditions set forth in this Agreement and the Plan, and unless earlier terminated or forfeited, the Performance Shares will become earned and will vest in accordance with the terms of Exhibit A.

Appears in 3 contracts

Samples: Award Agreement (Iqvia Holdings Inc.), Award Agreement, Award Agreement (Quintiles IMS Holdings, Inc.)

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Earning and Vesting. The Performance Shares are subject to forfeiture until they become earned and they vest. Subject to the terms and conditions set forth in this Agreement and the Plan, and unless earlier terminated or forfeited, the Performance Shares will become be earned and will vest in accordance with the terms of Exhibit A.A. Further, notwithstanding any provision of the Plan or this Agreement to the contrary, in no event will any Performance Shares that are not vested immediately prior to the time of a Sale of the Company become vested because of such event.

Appears in 1 contract

Samples: Award Agreement (Quintiles IMS Holdings, Inc.)

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