Common use of Vesting and Settlement of RSUs Clause in Contracts

Vesting and Settlement of RSUs. (1) Subject to the Participant's continued employment with the Company and its Subsidiaries (the "Company Group"), one hundred percent (100%) of the RSUs shall vest in full on the third anniversary of the Date of Award (the "Vesting Date").

Appears in 1 contract

Samples: Cit Group Inc

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Vesting and Settlement of RSUs. (1) Subject to the Participant's ’s continued employment with the Company and its Subsidiaries Affiliates (the "Company Group"), one hundred fifty percent (10050%) of the RSUs shall vest in full on the third one-year anniversary of the Date of Retention Award and the remaining fifty percent (50%) of the RSUs shall vest on the three-year anniversary of the Date of the Retention Award (the "each a “Vesting Date").

Appears in 1 contract

Samples: Cit Group Inc

Vesting and Settlement of RSUs. (1) Subject to the Participant's ’s continued employment with the Company and its Subsidiaries Affiliates (the "Company Group"), one hundred fifty percent (10050%) of the RSUs shall vest in full on the third one-year anniversary of the Date of Award and the remaining fifty percent (50%) of the "RSUs shall vest on the three-year anniversary of the Date of the Award (each a “Vesting Date").

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Cit Group Inc)

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Vesting and Settlement of RSUs. (1) Subject to the Participant's ’s continued employment with the Company and its Subsidiaries Affiliates (the "Company Group"), one hundred percent (100%) all of the RSUs shall vest in full on the third two-year anniversary of the Date of Award (the "Vesting Date").

Appears in 1 contract

Samples: Incentive Plan Restricted Stock Unit (Cit Group Inc)

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