Time Vesting Schedule Sample Clauses

Time Vesting Schedule. Except as otherwise provided in this Section 2, the Phantom Units granted hereunder will become time vested in accordance with the schedule set forth below so long as the Grantee continuously spends the majority of the Grantee’s business time providing services to the Company and its subsidiaries (collectively, the “Company Group”) from the Grant Date through each time vesting date set forth below (each, a “Time Vesting Date”).
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Time Vesting Schedule. (a) 50% of the Options shall vest on October 1, 2021 (the “First Vesting Date”); (b) 30% of the Options shall vest on October 1, 2022 (the “Second Vesting Date”); (c) 10% of the Options shall vest on October 1, 2023 (the “Third Vesting Date”); and (d) 10% of the Options shall vest on October 1, 2024 (the “Fourth Vesting Date”). The Time Vesting Schedule is illustrated as set forth in Exhibit A.
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Time Vesting Schedule. If this box is checked, the Option will vest according to the Vesting Schedule below: The Option shall initially be unvested and shall vest (i) twenty-five percent (25%) on the first anniversary of the Vesting Commencement Date and (ii) the balance of the Option in twelve (12) successive equal quarterly installments over the thirty-six (36) month period measured from the first anniversary of the Vesting Commencement Date. In no event shall any additional portion of the Option vest after Participant’s Termination of Service.
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Time Vesting Schedule. Your Award will vest in increments on the date(s) shown below. Vesting entitles you to such vested PSUs, subject to final adjustment following the last day of each Performance Period to reflect the level of performance respecting the Performance Measures as described above. You must continuously provide services to the Company on the dates below in order for the corresponding PSUs to vest. In no event shall any payment be made prior to the end of an applicable Performance Period. 1-year performance period PSUs: 2-year performance period PSUs: 3-year performance period PSUs:
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Time Vesting Schedule. Subject to earlier forfeiture described in Paragraph 2(b), shares of Restricted Stock that have become Earned Shares described in Paragraph 2(a)(1) shall become vested as follows: i. Shares that become Earned Shares during fiscal year 2013 shall become vested upon May 15, 2014, subject to the prior certification of achievement of the performance goals by the Committee for such performance period pursuant to the Incentive Plan. ii. Shares that become Earned Shares during fiscal year 2014 shall become vested upon May 15, 2015, subject to the prior certification of achievement of the performance goals by the Committee for such performance period pursuant to the Incentive Plan. iii. Shares that become Earned Shares during fiscal year 2015 shall become vested upon May 15, 2016, subject to the prior certification of achievement of the performance goals by the Committee for such performance period pursuant to the Incentive Plan.
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Time Vesting Schedule. Except as otherwise provided herein, an --------------------- amount of Un-Time-Vested Securities (as defined below) shall time vest on December 31, 1998, on each of the first three anniversaries of such date, and on November 12, 2002, such that the Executive Securities shall be time vested on each such date in accordance with the following schedule: ------------------------------------------------------------------------------- Cumulative Percentage of Executive Securities Date Time Vested on Such Date ---- ------------------------ ------------------------------------------------------------------------------- December 31, 1998 4.17% ------------------------------------------------------------------------------- December 31, 1999 29.17% ------------------------------------------------------------------------------- December 31, 2000 54.17% ------------------------------------------------------------------------------- December 31, 2001 79.17% ------------------------------------------------------------------------------- November 12, 2002 100% ------------------------------------------------------------------------------- Notwithstanding the foregoing sentence, the above time vesting schedule shall cease and no Un-Time-Vested Securities (as defined below) shall time vest after the date on which Executive's employment with the Company or its Subsidiaries terminates voluntarily, involuntarily, with or without cause, for any reason or for no reason. Executive Securities which have become time vested pursuant to this Section 2 are referred to herein as "Time-Vested Securities," and all other ---------------------- Executive Securities are referred to herein as "Un-Time-Vested Securities." -------------------------
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Time Vesting Schedule. Any PRSUs that have satisfied the performance goals during the Performance Period will vest on the third anniversary of the Grant Date, subject to the provisions of Section 5.
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Time Vesting Schedule. The Options shall vest in the following amounts on the following dates:
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Related to Time Vesting Schedule

  • 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.

  • Vesting Schedule Except as provided in Section 4, and subject to Section 5, the Restricted Stock Units awarded by this Award Agreement will vest in accordance with the vesting provisions set forth in the Notice of Grant. Restricted Stock Units scheduled to vest on a certain date or upon the occurrence of a certain condition will not vest in Participant in accordance with any of the provisions of this Award Agreement, unless Participant will have been continuously a Service Provider from the Date of Grant until the date such vesting occurs.

  • 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

  • Performance Vesting Within sixty (60) days following the completion of the Performance Period, the Plan Administrator shall determine the applicable number of Performance Shares in accordance with the provisions of the Award Notice and Schedule I attached thereto.

  • Vesting Dates The ISOs shall vest as follows, subject to earlier vesting in the event of a termination of Service as provided in Section 6 or a Change in Control as provided in Section 7:

  • Equity Vesting All of the then-unvested shares subject to each of the Executive’s then-outstanding equity awards will immediately vest and, in the case of options and stock appreciation rights, will become exercisable (for avoidance of doubt, no more than 100% of the shares subject to the then-outstanding portion of an equity award may vest and become exercisable under this provision). In the case of equity awards with performance-based vesting, all performance goals and other vesting criteria will be deemed achieved at the greater of actual performance or 100% of target levels. Unless otherwise required under the next following two sentences or, with respect to awards subject to Section 409A of the Code, under Section 5(b) below, any restricted stock units, performance shares, performance units, and/or similar full value awards that vest under this paragraph will be settled on the 61st day following the CIC Qualified Termination. For the avoidance of doubt, if the Executive’s Qualified Termination occurs prior to a Change in Control, then any unvested portion of the Executive’s then-outstanding equity awards will remain outstanding for 3 months or the occurrence of a Change in Control (whichever is earlier) so that any additional benefits due on a CIC Qualified Termination can be provided if a Change in Control occurs within 3 months following the Qualified Termination (provided that in no event will the Executive’s stock options or similar equity awards remain outstanding beyond the equity award’s maximum term to expiration). In such case, if no Change in Control occurs within 3 months following a Qualified Termination, any unvested portion of the Executive’s equity awards automatically will be forfeited permanently on the 3-month anniversary of the Qualified Termination without having vested.

  • Performance-Based Vesting At the end of each Measurement Year, on the Measurement Date, the percentage of Shares set forth above shall be eligible to vest (the "Eligible Shares"). On each Measurement Date, 50% of the Eligible Shares shall become Vested Shares if at least 90% of the Target EBITDA amount was met for the prior Measurement Year. If more than 90% of the Target EBITDA amount was met for the prior Measurement Year, then the Eligible Shares shall become Vested Shares on a straight line basis such that an additional 5% of Eligible Shares shall become Vested Shares for each 1% that actual Consolidated Adjusted EBITDA exceeds 90% of the Target EBITDA amount.

  • Accelerated Vesting (a) Immediately prior to the effective date of the Change in Control, the Unvested Shares subject to this option shall automatically become Vested Shares, and this option shall become exercisable for all of the Option Shares. However, the Unvested Shares shall not vest on such an accelerated basis if and to the extent: (i) this option will be assumed by the successor corporation (or parent thereof) or otherwise continued in effect pursuant to the terms of the Change in Control transaction or (ii) this option is to be replaced with a cash incentive program of the successor corporation which preserves the spread existing on the Unvested Shares at the time of the Change in Control (the excess of the Fair Market Value of those Unvested Shares over the Exercise Price payable for such shares) and provides for subsequent payout of that spread no later than the time Optionee would otherwise vest in the Option Shares as set forth in the Grant Notice. (b) Immediately following the Change in Control, this option shall terminate and cease to be outstanding, except to the extent assumed by the successor corporation (or parent thereof) or otherwise continued in effect pursuant to the terms of the Change in Control transaction. (c) If this option is assumed in connection with a Change in Control or otherwise continued in effect, then this option shall be appropriately adjusted, upon such Change in Control, to apply to the number and class of securities which would have been issuable to Optionee in consummation of such Change in Control had the option been exercised immediately prior to such Change in Control, and appropriate adjustments shall also be made to the Exercise Price, provided the aggregate Exercise Price shall remain the same. To the extent that the holders of Common Stock receive cash consideration for their Common Stock in consummation of the Change in Control, the successor corporation (or its parent) may, in connection with the assumption of this option, substitute one or more shares of its own common stock with a fair market value equivalent to the cash consideration paid per share of Common Stock in such Change in Control. (d) This Agreement shall not in any way affect the right of the Corporation to adjust, reclassify, reorganize or otherwise change its capital or business structure or to merge, consolidate, dissolve, liquidate or sell or transfer all or any part of its business or assets.

  • Scheduled Vesting If you remain a Service Provider continuously from the Grant Date specified on the cover page of this Agreement, then the Units will vest in the amounts and on the Scheduled Vesting Dates specified in the Vesting Schedule.

  • Accelerated Vesting of Equity Awards One hundred percent (100%) of Executive’s then-outstanding and unvested Equity Awards will become vested in full. If, however, an outstanding Equity Award is to vest and/or the amount of the award to vest is to be determined based on the achievement of performance criteria, then the Equity Award will vest as to one hundred percent (100%) of the amount of the Equity Award assuming the performance criteria had been achieved at target levels for the relevant performance period(s).

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