Time-Vesting RSUs. The Time Vesting RSUs shall vest in equal installments on each of the first three anniversaries of the Vesting Start Date, subject to the Participant’s continued employment through the applicable vesting date; provided, that if the number of RSUs specified above is not evenly divisible by three, then no fractional units shall vest and the installments shall be as equal as possible with the smaller installments vesting first.
Time-Vesting RSUs. Each Time-Vesting RSU granted under this Agreement shall, subject to the vesting schedule set forth above and the other terms herein, represent the right to receive a payment of one share of Stock (rounded down to the nearest whole share in the aggregate on each Vesting Date). Any Time-Vesting RSUs that become vested shall thereafter be payable in accordance with Section 2(c).
Time-Vesting RSUs. (i) The Company hereby grants the Participant 2,333,334 RSUs as of the Date of Grant (the “Time-Vesting RSUs”), with one-third of the Time-Vesting RSUs being fully vested upon the Date of Grant (the “First Tranche”) and the remaining Time-Vesting RSUs eligible to become vested in two equal annual installments on each of the first and second anniversaries of the Date of Grant (each, a “Subsequent Tranche”), subject to the Participant’s continued employment with the Company or any of its Affiliates through the applicable vesting date.
(ii) The number of Time-Vesting RSUs eligible to vest on any vesting date shall be rounded down to the nearest whole share and any fractional Time-Vesting RSU reduced by such rounding shall be aggregated and the Time-Vesting RSUs resulting from such aggregation shall vest on the final applicable vesting date.
(iii) The First Tranche of the Time-Vesting RSUs shall be settled in an equal number of shares of Common Stock within 30 days following the six-month anniversary of the Date of Grant. Each Subsequent Tranche of the Time-Vesting RSUs shall be settled in an equal number of shares of Common Stock within 30 days following the applicable vesting date.
Time-Vesting RSUs. Notwithstanding anything to the contrary contained in this Agreement, (i) upon the earliest to occur of (x) the consummation of a Change of Control and (y) the date the Participant no longer is employed by the Company or any of its Affiliates for any reason (other than due to termination by the Company or any of its Affiliates for Cause, by the Participant without Good Reason or due to death or Disability), 100% of the Time-Vesting RSUs shall be vested upon the occurrence of such event, and (ii) if the Participant no longer is employed by the Company or any of its Affiliates due to the Participant’s death or Disability, the portion of each issuance of the Participant’s then-unvested Time-Vesting RSUs, if any, that, absent termination, would have vested within one year following such termination of employment will become fully vested on the date of such termination of employment. Any Time-Vesting RSUs that become vested pursuant to this Section 3(b) shall be settled in an equal number of shares of Common Stock within 30 days following the date of termination.
Time-Vesting RSUs. Fifty percent (50%) of the Restricted Stock Units shall be subject to time-vesting conditions (“TSUs”) and shall vest in accordance with the following schedule, subject to the Participant’s continued Service through each applicable vesting date, except as otherwise provided in this Section 2: First Anniversary of the Date of Grant 331⁄3% Second Anniversary of the Date of Grant 662⁄3% Third Anniversary of the Date of Grant 100%
Time-Vesting RSUs. Subject to the terms and restrictions of the Award Agreement (including, in the case of Foreign Holders, the Foreign Country Appendix) and the Plan, the “Time-Vesting” RSUs shall be eligible to become vested in accordance with the following schedule: On This Date This Restricted Stock Unit Award Shall be Eligible to Become Vested with Respect to the Following Number of the Time-Vesting RSUs [DATE] X% [DATE] X%
Time-Vesting RSUs. Subject to the terms of the Plan and the provisions of Section 3(b) and Section 3(c) hereof, the Time Vesting RSUs shall vest and become exercisable as follows, provided that the Participant has not incurred a Termination prior to each such vesting date:
Time-Vesting RSUs. Subject to the Grantee’s continued employment with the Company or any of its Subsidiaries, the following portions of the Time-Vesting RSUs shall vest and no longer be subject to cancellation pursuant to Section 3 on the following dates: Vesting Date Percent of Time Vesting RSUs Vesting August 31, 2016 33 1/3 % August 31, 2017 33 1/3 % August 31, 2018 33 1/3 %
Time-Vesting RSUs. On or prior to December 31, 2009, in the event of the Executive’s death, Disability or termination by the Company without Cause, and after December 31, 2009, in the event of Executive’s termination of employment for any reason, any unvested Initial Time-Vesting RSU Grant and Subsequent Time-Vesting RSU Grant shall vest immediately prior to such events, on a pro-rata basis (based on the number of months Executive worked since the date of grant) with respect to all shares constituting such grant. Shares of Company common stock shall be delivered in respect of RSUs vesting in accordance with this Section 1(b)(v)(G)(2) on or as soon as practicable after the date on which such RSUs vest.
Time-Vesting RSUs. On each of the first, second and third anniversaries of March 12, 2015 (the “Vesting Commencement Date”) (each date, a “Time Vesting Date”) and subject to the Grantee’s continued employment with the Company or any of its Subsidiaries through the applicable Time Vesting Date, a portion of the Time-Based RSUs shall vest and no longer be subject to cancellation pursuant to Section 3 as follows: Anniversary of Vesting Commencement Date Percent of Time Vesting RSUs Vesting First 33 1/3 % Second 33 1/3 % Third 33 1/3 %
