Common use of RESTRICTIONS, FORFEITURES, AND SETTLEMENT Clause in Contracts

RESTRICTIONS, FORFEITURES, AND SETTLEMENT. Except as otherwise provided in this Xxxxxxx 0, XXXx shall be subject to the restrictions and conditions set forth herein during the Restricted Period (as defined below). Vesting of the RSUs is conditioned upon you remaining continuously employed by the Company or a subsidiary of the Company from the Award Date until the relevant vesting date, subject to the provisions of this Section 2. Assuming satisfaction of such employment conditions, 25% of the RSUs shall vest on each of the first four anniversaries of the Award Date. In the event you attain age 65 while still an employee of the Company or a subsidiary, all unvested RSUs held by you at least one year from the Award Date will become vested and non-forfeitable, and thereafter, so long as you remain an employee of the Company or a subsidiary after attaining age 65, all other RSUs will become 100% vested one year from the Award Date.

RESTRICTIONS, FORFEITURES, AND SETTLEMENT. Except as otherwise provided in this Xxxxxxx 0Section 2, XXXx RSUs shall be subject to the restrictions and xxxxxxxxxxxx xxd conditions set forth herein during the Restricted Period (as defined below). Vesting of the RSUs is conditioned upon you remaining continuously employed by the Company or a subsidiary of the Company from the Award Date until the relevant vesting date, subject to the provisions of this Section 2. Assuming satisfaction of such employment conditions, 25% of the RSUs shall vest on each of the first four anniversaries of the Award Date. In the event you attain age 65 while still an employee of the Company or a subsidiary, all unvested RSUs held by you at least one year from the Award Date will become vested and non-forfeitable, and thereafter, so long as you remain an employee of the Company or a subsidiary after attaining age 65, all other RSUs will become 100% vested one year from the Award Date.

RESTRICTIONS, FORFEITURES, AND SETTLEMENT. Except as otherwise provided in this Xxxxxxx 0, XXXx shall be subject to the restrictions and conditions set forth herein during the Restricted Period (as defined in Section 3(c) below). Vesting of the RSUs is conditioned upon you remaining continuously employed by the Company or a subsidiary of the Company from an Affiliate or Subsidiary following the Award Date until the relevant vesting date, subject to the provisions of this Section 2. Assuming satisfaction of such employment conditions, 25% of the RSUs shall vest on each of the first four anniversaries of the Award Datewill become vested and nonforfeitable as follows: [insert appropriate vesting schedule applicable to award]. In the event you attain age 65 while still an employee of the Company or a subsidiaryan Affiliate or Subsidiary, all unvested RSUs held by you at least one year from the Award Date will become vested and non-forfeitable, and thereafter, so long as you remain an employee of the Company or a subsidiary an Affiliate or Subsidiary after attaining age 65, all other RSUs will become 100% vested one year from the Award Date.