Common use of Time Vesting Clause in Contracts

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.

Appears in 4 contracts

Samples: Ltip Unit Agreement (Xenia Hotels & Resorts, Inc.), Ltip Unit Agreement (Xenia Hotels & Resorts, Inc.), Ltip Unit Agreement (Workspace Property Trust)

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Time Vesting. Subject to Sections 4(b) – (e) and 5 below, the Restrictions set forth in Section 5 below will lapse and the LTIP Profits Interest 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.

Appears in 3 contracts

Samples: Profits Interest Unit Agreement (Digital Realty Trust, L.P.), Profits Interest Unit Agreement (Digital Realty Trust, L.P.), Profits Interest Unit Agreement (Digital Realty Trust, L.P.)

Time Vesting. Subject to Sections 4(b), 4(c) and 5 below, the Restrictions set forth in Section 5 below will lapse and the LTIP Profits Interest 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.

Appears in 3 contracts

Samples: Profits Interest Unit Agreement (Digital Realty Trust, L.P.), Profits Interest Unit Agreement (Digital Realty Trust, L.P.), Profits Interest Unit Agreement (Digital Realty Trust, L.P.)

Time Vesting. Subject to Sections 4(b), 4(c) and 5 below4(d), the Restrictions set forth in Section 5 below will lapse and the LTIP Profits Interest 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.

Appears in 3 contracts

Samples: Profits Interest Units Agreement (Vinebrook Homes Trust, Inc.), Profits Interest Units Agreement (Vinebrook Homes Trust, Inc.), Profits Interest Units Agreement (Vinebrook Homes Trust, Inc.)

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Time Vesting. Subject to Sections 4(b5(b) and 5 6 below, the Restrictions set forth in Section 5 6 below will lapse and the LTIP Units will vest in full and become nonforfeitable in accordance with and subject to the time vesting schedule set forth on Exhibit A attached heretoDecember 31, 2022, subject to the Participant’s continued status as a Service Provider through each applicable such vesting date.

Appears in 1 contract

Samples: Ltip Unit Agreement (Xenia Hotels & Resorts, Inc.)

Time Vesting. Subject to Sections 4(b4(b),4(c)) and 5 below, the Restrictions set forth in Section 5 below will lapse and the LTIP Profits Interest 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.

Appears in 1 contract

Samples: Profits Interest Unit Agreement (Digital Realty Trust, L.P.)

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