Common use of General Vesting Terms Clause in Contracts

General Vesting Terms. (i) Provided the Participant remains employed by the Company or a Subsidiary through the applicable vesting date set forth in this Section 2 (the “Vesting Date”) and meets all applicable requirements set forth in this Agreement, the Restricted Stock Units awarded pursuant to this Agreement shall vest as follows, except as set forth in Sections 2(b) and 2(c) below (the period over which the Restricted Stock Units vest is referred to as the “Period of Restriction”):

Appears in 4 contracts

Samples: 2020 Stock and Incentive Plan (Dynex Capital Inc), 2020 Stock and Incentive Plan (Dynex Capital Inc), Restricted Stock Unit Award (Dynex Capital Inc)

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