Time Vesting. Subject to Sections 5(b) and 6 below, the RSUs will vest and become nonforfeitable in accordance with and subject to the time vesting schedule set forth on Exhibit A attached hereto, subject to the Participant’s continued status as a Service Provider through each applicable vesting date.
Time Vesting. Subject to Sections 4(b) and 5 below, the Restrictions set forth in Section 5 below will lapse and the LTIP Units will vest and become nonforfeitable in accordance with and subject to the time vesting schedule set forth on Exhibit A attached hereto, subject to the Participant’s continued status as a Service Provider through each applicable vesting date.
Time Vesting. The restrictions shall lapse with respect to the Shares of Restricted Stock covered by this Award, in the installments set forth in the Award Agreement, provided that Gxxxxxx’s service as a Director of the Company and its Subsidiaries continues through the specified dates.
Time Vesting. Unless accelerated as otherwise provided in Section 6 of this Award Agreement or pursuant to a provision of the Plan, the Option shall become exercisable as to 200 Option Shares (one-sixth of the Option Shares) on August 1, 2007, 200 Option Shares (another one-sixth of the Option Shares) on August 1, 2008, and 200 Option Shares (another one-sixth of the Option Shares) on August 1, 2009 provided that the Optionee is employed on the relevant vesting dates.
Time Vesting. 194.789958 Restricted Shares shall be “Time Vesting Shares.”
Time Vesting. (i) The Executive Securities purchased hereunder will vest annually over a two-year period, provided that the Executive is employed by the Company or one or more of its Subsidiaries as of each successive anniversary of the date hereof. Such Executive Securities shall vest as follows: Anniversary of the date hereof Aggregate Executive Securities vested as of such date 1st Anniversary 50.0% 2nd Anniversary 100.0%
Time Vesting. Fifty percent (50%) of the Units will be subject solely to time based vesting criteria (the “Time Units”). Subject to Executive’s continued Employment through the applicable vesting date (or as otherwise provided in Section 2(e)), twenty percent (20%) of the Time Units shall become time vested on each of the first five (5) anniversaries of the Vesting Commencement Date. For purposes of this Agreement, the “Vesting Commencement Date” shall be January 31, 2020.
Time Vesting. N/A • N/A • 20% per fiscal year of service, 1/1/2008-12/31/2012.
Time Vesting. To the extent not sooner vested or forfeited, one-third of the Restricted Stock Units shall vest annually on each of the first three anniversaries of the Grant Date.
Time Vesting. Subject to paragraphs (b) and (c) of this Section 2, the Option shall vest and become exercisable with respect to twenty percent (20%) of the Shares initially covered by the Option on each of the first, second, third, fourth and fifth anniversaries (each such anniversary being a "Vesting Date") of the purchase of shares of common stock of Sheridan pursuant to the Offer.
