Time-Based Vesting. Fifty Percent (50%) of the Executive Stock shall vest on each date set forth below (each, a "Vesting Date") as to that number of shares of the Executive Stock set forth opposite such Vesting Date: Vesting Date No. of shares of Executive Stock ------------ -------------------------------- On the first anniversary of the Effective 12.5% of the Executive Stock Date After the first anniversary of the Effective An additional 1.0417% of the Executive Stock Date through the fourth anniversary of the on the first day of each calendar month after the Effective Date first anniversary of the Effective Date until 50% of the Executive Stock is vested
Time-Based Vesting. Subject to Section C, 151,575 of the Restricted Units (the “Time-Based Units”) shall become vested on April 1, 2017 (the “Vesting Date”).
Time-Based Vesting. Subject to any accelerated vesting pursuant to paragraphs 2 and 3 below, the Unreleased Shares shall be released from the Company’s Repurchase Option in their entirety on the fifth anniversary of the Grant Date, if the Holder is an Employee, Director or Consultant on such date.
Time-Based Vesting. Any PSUs conditionally earned based on Company performance under Section 4.1 shall become vested and earned on the following vesting dates (each such date a “Vesting Date”):
Time-Based Vesting. A portion of the Option equal to 7,750 shares of each class of Common Stock (the “Time-Vested Option”) shall vest and become exercisable on the dates and in the cumulative percentages provided in the table below (which percentages shall apply equally with respect to the Class A Common Stock and the Class B Common Stock subject to the Time-Vested Option), provided, with respect to each vesting date, that the Participant has not experienced a Termination prior to such date. There shall be no proportionate or partial vesting in the periods prior to each vesting date. Time-Vested Option Vesting Date Cumulative Percent Vested September 21, 2016 25 % September 21, 2017 50 % September 21, 2018 75 % September 21, 2019 100 %
Time-Based Vesting. Subject to any accelerated vesting and exercisability pursuant to paragraphs 2, 3 and 4 below, the shares of Common Stock subject to the Option shall vest and become exercisable in their entirety on the third anniversary of the Grant Date, if Holder is an Employee, Director or Consultant on that date.
Time-Based Vesting. The RSUs shall vest in four (4) equal installments as follows: First installment — October 1, 2014 Second installment - October 1, 2015 Third installment - October 1, 2016 Fourth installment - October 1, 2017
Time-Based Vesting. During the Optionee’s Employment, the Options shall vest and become exercisable with respect to:
Time-Based Vesting. Subject to Section 3 of this Agreement, the Restricted Stock Units shall vest with respect to six and a quarter percent (6.25%) of the Restricted Stock Units on each quarterly anniversary of the Effective Date during the four year period following the Effective Date, so as to be fully vested on the fourth anniversary of the Effective Date.
Time-Based Vesting. The Shares shall vest and become Vested ------------------ Shares, to the extent not previously vested or repurchased, on December 4, 2003.
