Common use of General Vesting Clause in Contracts

General Vesting. Subject to the accelerated vesting provisions described below, (a) the EIP equity awards granted for the 2009 fiscal year will vest in equal one-third (1/3) installments on each of (i) the date of grant, (ii) March 31, 2011 and (iii) March 31, 2012, respectively, and (b) the EIP equity awards granted for the 2010 fiscal year will vest in equal one-third (1/3) installments on each of (i) the date of grant, (ii) March 31, 2012 and (iii) March 31, 2013, respectively.

Appears in 5 contracts

Samples: Employment Agreement (Chemtura CORP), Employment Agreement (Chemtura CORP), Employment Agreement (Chemtura CORP)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.