General Vesting Requirements Sample Clauses

General Vesting Requirements. Except as otherwise provided in the Plan and subject to the conditions of Paragraph 6 hereof, Restricted Stock Units shall vest in accordance with the Vesting Schedule above as of the occurrence of a Vesting Date (including the Scheduled Vesting Date as set forth above), provided that the Participant has not experienced a Separation From Service with Forestar and its Affiliates through such Vesting Date. Notwithstanding the Vesting Schedule provided above, upon a Change in Control, all unvested Restricted Stock Units shall immediately vest. Except as provided in Paragraph 6, upon a Participant’s Separation From Service for any reason prior to a Vesting Date, all Restricted Stock Units that are not vested and payable under Paragraph 7, and all accompanying DERs, shall be forfeited, and the Participant shall not thereafter have any rights with respect to the Restricted Stock Units and DERs so forfeited.
Sample 1
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General Vesting Requirements. Except as otherwise provided below, the Options shall vest and become exercisable on the vesting dates set forth below (the “Option Vesting Dates”), provided that the Employee remains in continuous employment with the Company through the applicable Option Vesting Date. Options shall be exercisable only to the extent vested. Option Vesting Dates Vesting Percent Cumulative First anniversary of Grant Date 33.3% 33.3% Second anniversary of Grant Date 33.3% 66.6% Third anniversary of Grant date 33.4% 100% Exhibit 10.1 Equity Award Agreement February 25, 2013 Page 4
Sample 1
General Vesting Requirements. Except as otherwise provided in this Agreement, the RSUs shall vest on the vesting dates set forth below (the “RSU Vesting Dates”), provided that the Employee remains in continuous employment with the Company through the applicable RSU Vesting Date. RSU Vesting Dates Vesting Percent Cumulative First anniversary of Grant Date 25% 25% Exhibit 10.1 Equity Award Agreement February 25, 2013 Page 8 Second anniversary of Grant Date 25% 50% Third anniversary of Grant date 50% 100% Except as otherwise set forth in this Agreement, RSUs will convert to Shares as soon as practicable, and in all cases within fourteen (14) days, after the date on which the RSUs vest (whether vesting occurs on a RSU Vesting Date or as provided in Sections 7(b) through 7(i)) and such Shares, net of required tax withholding as described in Section 15 below, shall be transferred into the Employee’s account at the Company’s dedicated broker.
Sample 1
General Vesting Requirements. Except as otherwise provided in the Plan Documents and subject to the conditions of paragraphs 5 and 6 hereof: (a) all of the Employee’s Restricted Stock Units shall vest as of the occurrence of a Vesting Date, provided that the Employee has not incurred a Separation From Service prior to the Vesting Date, (b) no payment of the Restricted Stock Units shall be made unless the Performance Goal set forth in Exhibit A hereto has been achieved, and (c) any Restricted Stock Units that have not vested on or prior to the earlier of the Employee’s Separation From Service or the Scheduled Vesting Date shall be forfeited, and the Employee shall not thereafter have any rights with respect to the Restricted Stock Units so forfeited.
Sample 1
General Vesting Requirements. Except as otherwise provided in this Agreement, the RSUs shall vest on the vesting dates set forth below (the “RSU Vesting Dates”), provided that the Employee remains in continuous employment with the Company through the applicable RSU Vesting Date.
Sample 1
General Vesting Requirements. (i) Except as otherwise provided in this Section 2, the Restriction Period applicable to the Price Vested Stock Units shall lapse, if at all, as to (1) 50% of the Price Vested Stock Units subject to this Agreement multiplied by (2) the Three Year Vesting Percentage, as of the Three Year Certification Date, subject to (x) the continued employment of the Participant by the Company or any Subsidiary thereof through the third anniversary of the Grant Date, (y) the achievement of the Three Year Performance Criteria set forth on the signature page hereof and (z) the Committee’s certification of the achievement of the Three Year Performance Criteria and Three Year Vesting Percentage in accordance with Section 3(a). Price Vested Stock Units that cease to be subject to a Restriction Period in accordance with this Section 2(a)(i) shall be settled as provided in Section 3.
Sample 1

Related to General Vesting Requirements

  • Vesting Requirements The vesting of this Award (other than pursuant to accelerated vesting in certain circumstances as provided in Section 3 below or vesting pursuant to Section 6 below) shall be subject to the satisfaction of the conditions set forth in each of subsections A and B, as applicable, and, in each case, subsection C of this Section 2:

  • 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 Continuous Service of the Recipient continues through and on the applicable Vesting Date: Number of Shares of Restricted Stock Vesting Date [ ] [ ] [ ] [ ] Except as otherwise provided in Sections [2(b),] [2(c),] [2(d),] [2(e)] 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.

  • Listing Requirements The Company shall not be obligated to deliver any certificates representing any shares until all applicable requirements imposed by federal and state securities laws and by any stock exchanges upon which the shares may be listed have been fully met.

  • Special Vesting Rules Notwithstanding Section 1.2 above:

  • Voting Requirements The affirmative vote at the Company Stockholders Meeting (the "Company Stockholder Approval") of a majority of the number of outstanding shares of Company Common Stock to approve and adopt this Agreement is the only vote of the holders of any class or series of the Company's capital stock necessary to approve and adopt this Agreement and the transactions contemplated hereby, including the Merger.

  • Compliance with Nasdaq Continued Listing Requirements The Company is in compliance with applicable Nasdaq continued listing requirements. There are no proceedings pending or, to the Company’s Knowledge, threatened against the Company relating to the continued listing of the Common Stock on Nasdaq and the Company has not received any notice of, nor to the Company’s Knowledge is there any reasonable basis for, the delisting of the Common Stock from Nasdaq.

  • Reporting Requirements The Company, during the period when the Prospectus is required to be delivered under the 1933 Act or the 1934 Act, will file all documents required to be filed with the Commission pursuant to the 1934 Act within the time periods required by the 1934 Act and the 1934 Act Regulations.

  • Compliance with Withholding Requirements Notwithstanding any other provision of this Agreement, the Trustee shall comply with all federal withholding requirements respecting payments to Certificateholders of interest or original issue discount that the Trustee reasonably believes are applicable under the Code. The consent of Certificateholders shall not be required for such withholding. In the event the Trustee does withhold any amount from interest or original issue discount payments or advances thereof to any Certificateholder pursuant to federal withholding requirements, the Trustee shall indicate the amount withheld to such Certificateholders.

  • Compliance with Timing Requirements of Regulations In the discretion of the Liquidator or the General Partner, a pro rata portion of the distributions that would otherwise be made to the General Partner and Limited Partners pursuant to this Article 13 may be:

  • Normal Vesting Subject to the terms and conditions of Sections 2 and 3 hereof, Grantee’s right to receive the Common Shares covered by this Agreement and any Deferred Cash Dividends accumulated with respect thereto shall become nonforfeitable on the fifth anniversary of the Date of Grant if Grantee has been in the continuous employ of the Company or a Subsidiary from the Date of Grant until the date of such fifth anniversary. For purposes of this Agreement, Grantee’s continuous employment with the Company or a Subsidiary shall not be deemed to have been interrupted, and Grantee shall not be deemed to have ceased to be an employee of the Company or a Subsidiary, by reason of any transfer of employment among the Company and its Subsidiaries.

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