Common use of Graduated Vesting Schedules Clause in Contracts

Graduated Vesting Schedules. Top Heavy Schedule Non Top Heavy Schedule (Mandatory) (Optional) Years of Nonforfeitable Years of Nonforfeitable Service Percentage Service Percentage Less than 1 % Less than 1 % -- -- 1 % 1 % -- -- 2 % 2 % -- -- 3 % 3 % -- -- 4 % 4 % -- -- 5 % 5 % -- -- 6 or more 100% 6 % -- 7 or more 100%

Appears in 3 contracts

Samples: Adoption Agreement (Modine Manufacturing Co), Adoption Agreement (Modine Manufacturing Co), Adoption Agreement (Modine Manufacturing Co)

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Graduated Vesting Schedules. Top Heavy Schedule Non Top Heavy Schedule (Mandatory) (Optional) Years of Nonforfeitable Years of Nonforfeitable Service Percentage Percengage Service Percentage -------------------------------------------------------------------------------- Less than 1 % ----- Less than 1 % -- -- ----- 1 % ----- 1 % -- -- ----- 2 % ----- 2 % -- -- ----- 3 % ----- 3 % -- -- ----- 4 % ----- 4 % -- -- ----- 5 % ----- 5 % -- -- ----- 6 or more 100% 6 % -- ----- 7 or more 100%

Appears in 2 contracts

Samples: Adoption Agreement (Invesco Emerging Opportunity Funds Inc), Adoption Agreement (Invesco International Funds Inc)

Graduated Vesting Schedules. Top Heavy Schedule Non Top Heavy Schedule TOP HEAVY SCHEDULE NON TOP HEAVY SCHEDULE (MandatoryMANDATORY) (OptionalOPTIONAL) Years of Nonforfeitable Years of Nonforfeitable Service Percentage Service Percentage --------- -------------- --------- -------------- Less than 1 0% Less than 1 % -- -- 1 0% 1 0% -- -- 2 1 0% 2 0% -- -- 3 2 0% 3 100% -- -- 4 3 0% 4 100% -- -- 5 4 0% 5 100% -- -- 5 100% 6 or more 100% 6 100% -- 7 or more 100%

Appears in 2 contracts

Samples: Adoption Agreement (Conagra Inc /De/), Adoption Agreement (Conagra Inc /De/)

Graduated Vesting Schedules. Top Heavy Schedule Non Top Heavy Schedule TOP HEAVY SCHEDULE NON TOP HEAVY SCHEDULE (MandatoryMANDATORY) (OptionalOPTIONAL) Years of Nonforfeitable Years of Nonforfeitable Service Percentage Service Percentage ----------- --------------- ---------- -------------- Less than 1 0% Less than 1 % -- -- 1 0% 1 % -- -- 2 20% 2 % -- -- 3 40% 3 % -- -- 4 60% 4 % -- -- 5 80% 5 % -- -- 6 or more 100% 6 % -- 7 or more 100%

Appears in 1 contract

Samples: Adoption Agreement (Transcrypt International Inc)

Graduated Vesting Schedules. Top Heavy Schedule Non Top Heavy Schedule (Mandatory) Years of Nonforfeitable Service Percentage Less than 1 0% 1 0% 2 0% 3 100% 4 100% 5 100% 6 or more 100% Non Top Heavy Schedule (Optional) Years of Nonforfeitable Years of Nonforfeitable Service Percentage Service Percentage Less than 1 % Less than 1 % -- -- 1 0% 1 % -- -- 2 0% 2 % -- -- 3 0% 3 % -- -- 4 0% 4 % -- -- 5 0% 5 100% -- -- 6 100% 7 or more 100% 6 % -- 7 or more 100%[ ]

Appears in 1 contract

Samples: Adoption Agreement (Steel Technologies Inc)

Graduated Vesting Schedules. Top Heavy Schedule Non Top Heavy Schedule (Mandatory) (Optional) Years of Nonforfeitable Years of Nonforfeitable Service Percentage Service Percentage Less than 1 0% Less than 1 % -- -- 1 0% 1 % -- -- 2 20% 2 % -- -- 3 40% 3 % -- -- 4 60% 4 % -- -- 5 80% 5 % -- -- 6 or more 100% 6 % -- 7 or more 100%

Appears in 1 contract

Samples: Adoption Agreement (Hub Group Inc)

Graduated Vesting Schedules. Top Heavy Schedule Non Top Heavy Schedule (Mandatory) Years of Nonforfeitable Service Percentage Less than 1 0% 1 0% 2 20% 3 40% 4 60% 5 80% 6 or more 100% Non Top Heavy Schedule (Optional) Years of Nonforfeitable Years of Nonforfeitable Service Percentage Service Percentage Less than 1 % Less than 1 % -- -- 1 0% 1 % -- -- 2 0% 2 % -- -- 3 0% 3 % -- -- 4 20% 4 % -- -- 5 40% 5 % -- -- 6 or more 10060% 6 80% -- 7 or more 100%

Appears in 1 contract

Samples: Adoption Agreement (Brenton Banks Inc)

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Graduated Vesting Schedules. Top Heavy Schedule Non Top Heavy Schedule TOP HEAVY SCHEDULE NOT TOP HEAVY SCHEDULE (MandatoryMANDATORY) (OptionalOPTIONAL) Years of Nonforfeitable Years of Nonforfeitable Service Percentage Service Percentage SERVICE PERCENTAGE SERVICE PERCENTAGE --------- -------------- --------- ------------ Less than 1 0% Less than 1 % -- -- 1 0% 1 % -- -- 2 20% 2 % -- -- 3 40% 3 % -- -- 4 60% 4 % -- -- 5 80% 5 % -- -- 6 or more 100% 6 % -- 7 or more 100%

Appears in 1 contract

Samples: Adoption Agreement (Benchmark Electronics Inc)

Graduated Vesting Schedules. Top Heavy Schedule Non Top Heavy Schedule (Mandatory) (Optional) Years of Nonforfeitable Years of Nonforfeitable Service Percentage Service Percentage -------- -------------- -------- -------------- Less than 1 0% Less than 1 % -- -- 1 33% 1 % -- -- 2 67% 2 % -- -- 3 100% 3 % -- -- 4 100% 4 % -- -- 5 100% 5 % -- -- 6 or more 100% 6 % -- 7 or more 100%

Appears in 1 contract

Samples: Adoption Agreement (Ce Software Inc)

Graduated Vesting Schedules. Top Heavy Schedule Non Top Heavy Schedule (Mandatory) (Optional) Years of Nonforfeitable Years of Nonforfeitable Service Percentage Service Percentage Less than 1 0% Less than 1 % -- -- 1 0% 1 0% -- -- 2 1 0% 2 20% -- -- 3 2 0% 3 40% -- -- 4 3 20% 4 60% -- -- 5 4 40% 5 80% -- -- 5 60% 6 or more 100% 6 80% -- 7 or more 100%

Appears in 1 contract

Samples: Adoption Agreement (Wicor Inc)

Graduated Vesting Schedules. Top Heavy Schedule Non Top Heavy Schedule TOP HEAVY SCHEDULE NON TOP HEAVY SCHEDULE (MandatoryMANDATORY) (OptionalOPTIONAL) Years of Nonforfeitable Years of Nonforfeitable Service Percentage Service Percentage Less than 1 0% Less than 1 % -- -- 1 0% 1 0% -- -- 2 1 0% 2 100% -- -- 3 2 100% 3 100% -- -- 4 3 100% 4 100% -- -- 5 4 100% 5 100% -- -- 5 100% 6 or more 100% 6 100% -- 7 or more 100%

Appears in 1 contract

Samples: Adoption Agreement (Pluma Inc)

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