Common use of Time-Based LTIP Units Clause in Contracts

Time-Based LTIP Units. With respect to the Award LTIP Units listed on Schedule A as Time-Based LTIP Units (the “Time-Based LTIP Units”), vesting shall occur in substantially equal installments commencing on [ ] and on each of the first, second, third and fourth anniversaries thereof (each a “Vesting Date”), subject to the Grantee’s continuous employment with the Company through each applicable Vesting Date.

Appears in 2 contracts

Samples: Long Term Incentive Plan Award Agreement (Acadia Realty Trust), Long Term Incentive Plan Award Agreement (Acadia Realty Trust)

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Time-Based LTIP Units. With respect to the Award LTIP Units listed on Schedule A as Time-Based LTIP Units (the “Time-Based LTIP Units”), vesting shall occur in substantially equal installments commencing on [ ] [___], and on each of the first, second, third and fourth anniversaries thereof (each a “Vesting Date”), subject to the Grantee’s continuous employment with the Company through each applicable Vesting Date.

Appears in 2 contracts

Samples: Long Term Incentive Plan Award Agreement (Acadia Realty Trust), Long Term Incentive Plan Award Agreement (Acadia Realty Trust)

Time-Based LTIP Units. With respect to the Award LTIP Units listed on Schedule A as Time-Based LTIP Units (the “Time-Based LTIP Units”), vesting shall occur in substantially equal installments commencing on [ ] January 6, 2019, and on each of the first, second, third and fourth anniversaries thereof (each a “Vesting Date”), subject to the Grantee’s continuous employment with the Company through each applicable Vesting Date.

Appears in 1 contract

Samples: Award Agreement (Acadia Realty Trust)

Time-Based LTIP Units. With respect to fifty percent (50%) of the Award LTIP Units listed on Schedule A as Time-Based LTIP Units (the “Time-Based LTIP Units”), vesting shall occur in substantially equal installments commencing on [ ] January 6, 2019, and on each of the first, second, third and fourth anniversaries thereof (each a “Vesting Date”), subject to the Grantee’s continuous employment with the Company through each applicable Vesting Date.

Appears in 1 contract

Samples: Award Agreement (Acadia Realty Trust)

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Time-Based LTIP Units. With respect to the Award LTIP Units listed on Schedule A as Time-Based LTIP Units (the “Time-Based LTIP Units”), vesting shall occur in substantially equal installments commencing on [ ] ], and on each of the first, second, third and fourth anniversaries thereof (each a “Vesting Date”), subject to the Grantee’s continuous employment with the Company through each applicable Vesting Date.

Appears in 1 contract

Samples: Long Term Incentive Plan Award Agreement (Acadia Realty Trust)

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