One Year Holding Requirement Sample Clauses

One Year Holding Requirement. The Participant is prohibited from selling, transferring, or otherwise disposing of the Shares for a period of one (1) year following the vesting, if any, of the Shares, except that the Participant may sell or otherwise dispose of that number of shares sufficient to cover any tax withholding obligations as determined by the Company.
Sample 1
AutoNDA by SimpleDocs
One Year Holding Requirement. The Shares granted to a Participant are subject to a holding period requirement of one (1) year when accelerated vesting occurs. If the acceleration fails to take place, the Shares vesting <<time increment>> from the Grant Date (cliff vesting) do not require the Participant to maintain a one (1)-year post vesting holding period.] RSU Agreement Form
Sample 1
One Year Holding Requirement. The PAVRS granted to a Participant are subject to a holding period requirement of one (1) year when accelerated vesting occurs. If the acceleration fails to take place, the Shares vesting four (4) years from grant (cliff vesting) do not require the Participant to maintain a one (1)-year post vesting holding period.
Sample 1
One Year Holding Requirement. Any net Shares issued after withholding in respect of Performance RSUs earned for Performance Period 2 and vesting on February 8, 2028 will be subject to a one-year holding requirement following such issuance, during which period Grantee shall not be permitted to sell, assign, transfer, pledge, or otherwise encumber any such Shares. · At the end of Performance Period 3, if less than 125% of the Performance RSUs were earned in respect of Performance Period 1 and Performance Period 2, the Committee will evaluate performance in respect of Performance Period 3 against the Performance Grid. The number of Performance RSUs earned in respect of Performance Period 3 will be equal to the number of Performance RSUs earned according to the Performance Grid, minus any gross Performance RSUs earned in respect of Performance Period 1 and Performance Period 2 (including any Performance RSUs subject to an additional year of time-based vesting). Any Performance RSUs earned in respect of Performance Period 3 will vest on February 8, 2029, subject to Gxxxxxx’s continued employment through such date.
Sample 1

Related to One Year Holding Requirement

  • 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:

  • Restricted Period; Vesting 3.1. Except as otherwise provided herein, provided that the Grantee remains in Continuous Service through the applicable vesting date, and further provided that any additional conditions and performance goals set forth in Schedule I have been satisfied, the Restricted Stock will vest in accordance with the following schedule: Vesting Date Shares of Common Stock [VESTING DATE] [NUMBER OR PERCENTAGE OF SHARES THAT VEST ON THE VESTING DATE] [VESTING DATE] [NUMBER OR PERCENTAGE OF SHARES THAT VEST ON THE VESTING DATE] The period over which the Restricted Stock vests is referred to as the “Restricted Period”.

  • Equity Vesting All of the then-unvested shares subject to each of the Executive’s then-outstanding equity awards will immediately vest and, in the case of options and stock appreciation rights, will become exercisable (for avoidance of doubt, no more than 100% of the shares subject to the then-outstanding portion of an equity award may vest and become exercisable under this provision). In the case of equity awards with performance-based vesting, all performance goals and other vesting criteria will be deemed achieved at the greater of actual performance or 100% of target levels. Unless otherwise required under the next following two sentences or, with respect to awards subject to Section 409A of the Code, under Section 5(b) below, any restricted stock units, performance shares, performance units, and/or similar full value awards that vest under this paragraph will be settled on the 61st day following the CIC Qualified Termination. For the avoidance of doubt, if the Executive’s Qualified Termination occurs prior to a Change in Control, then any unvested portion of the Executive’s then-outstanding equity awards will remain outstanding for 3 months or the occurrence of a Change in Control (whichever is earlier) so that any additional benefits due on a CIC Qualified Termination can be provided if a Change in Control occurs within 3 months following the Qualified Termination (provided that in no event will the Executive’s stock options or similar equity awards remain outstanding beyond the equity award’s maximum term to expiration). In such case, if no Change in Control occurs within 3 months following a Qualified Termination, any unvested portion of the Executive’s equity awards automatically will be forfeited permanently on the 3-month anniversary of the Qualified Termination without having vested.

  • Post-Closing Requirements Borrowers shall complete each of the post-closing obligations and/or provide to Agent each of the documents, instruments, agreements and information listed on Schedule 7.4 attached hereto on or before the date set forth for each such item thereon, each of which shall be completed or provided in form and substance satisfactory to Agent.

  • Vesting Date All remaining shares of Restricted Stock will become vested on the Vesting Date.

  • Special Vesting Rules Notwithstanding Section 1.2 above:

  • Funding Requirements In addition to the conditions precedent stated elsewhere herein, the Lenders shall not be obligated to make Revolving Loans and the L/C Issuers shall not be obligated to issue Letters of Credit unless:

  • 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.

  • Employment Requirement This Option may be exercised only while the Optionee remains employed with the Company or a parent or subsidiary thereof, and only if the Optionee has been continuously so employed since the date of this Agreement; provided that:

  • Change in Control Vesting The shares of Common Stock underlying each Tranche of Performance Shares may also vest on an accelerated basis in accordance with the applicable provisions of Paragraph 4 of this Agreement should a Change in Control occur after the start but prior to the completion of the Performance Period applicable to that particular Tranche or the Certification Date. Issuance Date: The shares of Common Stock which actually vest and become issuable pursuant to each Tranche of Performance Shares shall be issued in accordance with the provisions of this Agreement applicable to the particular circumstances under which such vesting occurs.

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