Time-Based Condition Sample Clauses

Time-Based Condition. Except as otherwise provided herein, the time-based condition will be satisfied only if the Participant has remained an employee of the Company from the Grant Date through the last day of the Performance Period.
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Time-Based Condition. RSUs will satisfy the Time-Based Condition and vest and become payable on the dates indicated below: Vesting Date Number of RSUs satisfying Time- Based Condition March 1, 2018 33 1/3% of the RSUs March 1, 2019 33 1/3% of the RSUs March 1, 2020 33 1/3% of the RSUs Except as otherwise provided in this Section 3, a Participant must be employed on the applicable vesting date to vest in the applicable portion of the RSUs.
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Time-Based Condition. RSUs will satisfy the Time-Based Condition and vest and become payable on the date indicated below: Vesting Date Number of RSUs satisfying Time-Based Condition December 31, 2022 20,000 Except as otherwise provided in this Section 3, the Participant must be employed as CFO or an equivalent position on the vesting date to vest in the RSUs unless the Participant has been terminated without cause, or has relinquished the CFO position at the request of the Board of Directors, as part of the Company’s succession process.
Sample 1
Time-Based Condition. To the extent that Earned PSUs satisfy the Performance Condition in accordance with Section 3(a), such tentatively vested Earned PSUs shall satisfy the Time-Based Condition and become unrestricted and fully vested as follows, provided that the Participant has not incurred a Termination prior to each such vesting date: Vesting Date Number of Earned PSUs satisfying Time- Based Condition December 31, 2013 33 1/3% of the Earned PSUs December 31, 2014 33 1/3% of the Earned PSUs December 31, 2015 33 1/3% of the Earned PSUs
Sample 1
Time-Based Condition 
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Related to Time-Based Condition

  • Actions to Satisfy Closing Conditions Each Party will take or cause to be taken all actions that are within its power to control, and will make all commercially reasonable efforts to cause other actions to be taken which are not within its power to control, so as to ensure its compliance with, and satisfaction of, all conditions in Article 6 that are for the benefit of the other Party.

  • Vesting Conditions Each Award of Stock Units may or may not be subject to vesting. Vesting shall occur, in full or in installments, upon satisfaction of the conditions specified in the Stock Unit Award Agreement. A Stock Unit Award Agreement may provide for accelerated vesting in the event of the Participant’s death, disability or retirement or other events. The Committee may determine, at the time of granting Stock Units or thereafter, that all or part of such Stock Units shall become vested in the event that a Change in Control occurs with respect to the Company.

  • Post-Closing Conditions On or before each of the dates specified in this Section 4.3, Borrower shall satisfy each of the items specified in the subsections below:

  • Performance Condition Notwithstanding the vesting schedule stated in the Award Notification, your Restricted Stock Units shall not vest unless the Company achieves positive Adjusted Net Earnings in any fiscal year during the term of the Award. “Adjusted Net Earnings” means net earnings determined in accordance with GAAP as publicly reported by the Company for a fiscal year, adjusted to eliminate the following: (1) the cumulative effect of changes in GAAP; (2) gains and losses from discontinued operations; (3) extraordinary gains or losses; and (4) any other unusual or nonrecurring gains or losses which are separately identified and quantified, including merger related charges. 

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