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.
Appears in 4 contracts
Samples: Restricted Stock Unit Agreement (Aleris Ohio Management, Inc.), Restricted Stock Unit Agreement (Aleris Ohio Management, Inc.), Restricted Stock Unit Agreement (Aleris Ohio Management, Inc.)
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%) 33 1/3% of the Restricted Stock Units on each quarterly anniversary of the Effective Date during first three anniversaries of the four year period following the Effective Grant Date, so as to be fully vested on the fourth third anniversary of the Effective Grant Date.
Appears in 1 contract
Samples: Aleris Corporation (Aleris Corp)
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%) 33 1/3% of the Restricted Stock Units on each quarterly anniversary of the Effective Date during the four year period following the Effective Datefirst three anniversaries of July 11, 2015, so as to be fully vested on the fourth anniversary of the Effective DateJuly 11, 2018.
Appears in 1 contract
Samples: Employment Agreement (Aleris Corp)
