Common use of Time RSUs Clause in Contracts

Time RSUs. (i) The Time RSUs shall vest, subject to the Grantee’s continuous employment with the Company (or an Affiliate of the Company) through the applicable vesting date, as follows: 92,937 Jul. 12, 2022 190,267 Oct. 12, 2022 95,133 Jan. 12, 2023 95,134 Apr. 12, 2023 95,133 Jul. 12, 2023 95,134 Oct. 12, 2023 95,133 Jan. 12, 2024 95,134 Apr. 12, 2024 95,133 Jul. 12, 2024 95,134 Oct. 12, 2024 (ii) From and after the Vesting Commencement Date through the date on which the Time RSUs become fully vested pursuant to subparagraph (i) above, the unvested portion of the grant of Time RSUs remains subject to forfeiture in accordance with the terms of Section 3 hereof.

Appears in 2 contracts

Samples: Rsu Grant Agreement (Shift Technologies, Inc.), Rsu Grant Agreement (Shift Technologies, Inc.)

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Time RSUs. (i) The Time RSUs shall vest, subject to the Grantee’s continuous employment with the Company (or an Affiliate of the Company) through the applicable vesting date, as follows: 92,937 Jul. 12, 2022 190,267 Oct. 12, 2022 95,133 Jan. 12, 2023 95,134 Apr. 12, 2023 95,133 Jul. 12, 2023 95,134 Oct. 12, 2023 95,133 Jan. 12, 2024 2023 95,134 Apr. 12, 2024 2023 95,133 Jul. 12, 2024 2023 95,134 Oct. 12, 20242023 (ii) From and after the Vesting Commencement Date through the date on which the Time RSUs become fully vested pursuant to subparagraph (i) above, the unvested portion of the grant of Time RSUs remains subject to forfeiture in accordance with the terms of Section 3 hereof.

Appears in 2 contracts

Samples: Rsu Agreement (Shift Technologies, Inc.), Rsu Grant Agreement (Shift Technologies, Inc.)

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