Normal Vesting Schedule Sample Clauses

Normal Vesting Schedule. Except as set forth below, 100% of the RSUs shall become vested on the earlier of (i) _____________ or (ii) the date of the first annual meeting of the Company’s shareholders following the Grant Date (such date being the “Vesting Date”), provided that the Grantee’s provision of service as a Non-Employee Director of the Company continues through the Vesting Date. Except as otherwise provided in the Award Documentation, the RSUs shall vest only on the Vesting Date specified above and no partial vesting will occur prior to the Vesting Date.
AutoNDA by SimpleDocs
Normal Vesting Schedule. Except as set forth below, the RSUs shall vest in accordance with the following table provided that the Continuous Service of Participant continues through and on the applicable Vesting Date set forth below: Percentage of RSUs that Vest Vesting Date Except as otherwise provided in the Award Documentation, the RSUs shall vest only on the Vesting Dates specified above and no partial vesting will occur prior to any Vesting Date.
Normal Vesting Schedule. [Check one of a. — f. for those contributions the Employer elects to make under Part 4 of this Agreement.]
Normal Vesting Schedule. The normal vesting shall be 20% at the end of the first Plan Year and an additional 20% at the end of each Plan Year thereafter until 100% is reached.
Normal Vesting Schedule. Except as set forth in Sections 7, 8 and 9 below, the following table sets forth each date upon which Participant shall become vested with respect to the number of RSUs set forth opposite such date (each such date, a “Vesting Date”), provided that the Continuous Service of Participant continues through and on the applicable Vesting Date. Except as otherwise provided in the Award Documentation, the RSUs shall vest only on the Vesting Dates specified in the table below and no partial vesting will occur prior to any Vesting Date. Vest Date Vest Quantity [●] [●] [●] [●] [●] [●]
Normal Vesting Schedule. The Target Units shall be unvested and subject to forfeiture as of the Grant Date but a percentage of the Target Units shall be eligible to vest (if at all) subject to (i) actual achievement of the Performance Goal over the Measurement Period as determined by the Committee in accordance with the table set forth below (the number of Target Units so earned (if any) based on such percentage, the “Earned Units” and, the date of such determination by the Committee, the “Award Date”) and (ii) Participant’s continued employment with the Company or an Affiliate through the Award Date. Any remaining unvested portion of this Award shall be immediately forfeited without consideration. Performance Level Performance Goal Achievement Percentage of Target Units Earned* Poor Less than 30th Percentile 0% Threshold 30th Percentile 30% Target 50th Percentile 100% Superior At or above 75th Percentile 200% * If achievement level with respect to the Performance Goal falls between any of the levels above, then the percentage of Target Units earned shall be determined based on linear interpolation. The number of Earned Units will be rounded to the nearest whole number.
Normal Vesting Schedule. The Restricted Stock Units shall be unvested and subject to forfeiture as of the Grant Date but shall vest in full on the third anniversary of the Grant Date (the “Vesting Date”), subject to Participant’s continued employment with the Company or an Affiliate through the Vesting Date.
AutoNDA by SimpleDocs
Normal Vesting Schedule. The Executive will not be vested in any benefit until the end of the fifth Plan Year at which time the Executive will be 100% vested in the Accrued Benefit specified in Schedule A.
Normal Vesting Schedule. The Option shall vest in full on the third anniversary of the Grant Date (the “Vesting Date”), subject to Participant’s continued employment with the Company or an Affiliate through the Vesting Date.
Normal Vesting Schedule. Except as set forth below, the PSUs related to the first Performance Cycle shall vest on March 1, 2016 and the PSUs related to the second Performance Cycle shall vest on March 1, 2017 (each such date, a “Vesting Date”), provided that the Continuous Service of Participant continues through and on the applicable Vesting Date. Except as otherwise provided in the Award Documentation, the PSUs shall vest only on the Vesting Dates specified above and no partial vesting will occur prior to any Vesting Date. To the extent the performance criteria have not been achieved for a Performance Cycle, the unvested PSUs related to that Performance Cycle shall be forfeited automatically without any payment to Participant and become null and void.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!