Common use of Service-Based Vesting Condition Clause in Contracts

Service-Based Vesting Condition. Except as otherwise provided in this Section 3, the Award shall vest in full on the earlier to occur of (a) the [ ] anniversary of the Grant Date and (b) the [ ] annual meeting of the Company’s shareholders that occurs after the Grant Date, provided the Holder continuously serves as a Non-Employee Director through the applicable vesting date. The period of time prior to the vesting shall be referred to herein as the “Restriction Period.”

Appears in 4 contracts

Samples: Restricted Stock Unit Award Agreement, Restricted Stock Unit Award Agreement, Restricted Stock Unit Award Agreement (Navigant Consulting Inc)

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Service-Based Vesting Condition. Except as otherwise provided in this Section 3, the Award shall vest in full on the earlier to occur of (a) the [ ] anniversary of the Grant Date and (b) the [ ] annual meeting of the Company’s shareholders that occurs after the Grant Date, provided the Holder continuously serves as a Non-Employee Director through the applicable vesting date. The period of time prior to the vesting shall be referred to herein as the “Restriction Period.”

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Navigant Consulting Inc), Restricted Stock Unit Award Agreement (Navigant Consulting Inc)

Service-Based Vesting Condition. Except as otherwise provided in this Section 3, the Award shall vest in full on the earlier day immediately prior to occur of (a) the [ ] anniversary of the Grant Date and (b) the [ ] annual meeting of the Company’s shareholders that occurs after the Grant Date, provided the Holder continuously serves as a Non-Employee Director through the applicable vesting date[DATE] Annual Meeting of Stockholders. The period of time prior to the vesting shall be referred to herein as the “Restriction Period.”

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Tri Pointe Homes, Inc.), Restricted Stock Unit Award Agreement (Tri Pointe Homes, Inc.)

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Service-Based Vesting Condition. Except as otherwise provided in this Section 3, the Award shall vest in full its entirety on the earlier to occur of (a) the [ ] one-year anniversary of the Grant Date and (b) the [ ] annual meeting of the Company’s shareholders that occurs after the Grant Date, provided the Holder continuously serves continues to serve as a Non-Employee Director director of the Company through the applicable vesting date. The period of time prior to the vesting shall be referred to herein as the “Restriction Period.”

Appears in 1 contract

Samples: Restricted Stock Award Agreement (LoanCore Realty Trust, Inc.)

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