Common use of Vesting and Settlement Clause in Contracts

Vesting and Settlement. (a) The RSUs shall vest as follows, provided that the Grantee remains continuously employed by the Company through each applicable vesting date:

Appears in 4 contracts

Samples: Restricted Stock Unit Grant Agreement (International Seaways, Inc.), Grant Agreement (International Seaways, Inc.), Restricted Stock Unit Grant Agreement (Overseas Shipholding Group Inc)

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Vesting and Settlement. (a) The RSUs shall vest as follows, provided that the Grantee remains continuously employed by the Company through each applicable vesting date. [Exhibit A sets out in detail the Company’s performance metrics and targets for these RSUs, which are as follows:

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (International Seaways, Inc.), Grant Agreement (International Seaways, Inc.)

Vesting and Settlement. (a) The RSUs shall vest as follows, provided that the Grantee remains continuously employed by the Company through each applicable vesting date:. Exhibit A sets out in detail the Company’s performance metrics and targets for these RSUs, which are as follows: [Insert vesting schedule based on terms of grant]

Appears in 1 contract

Samples: Restricted Stock Unit Grant Agreement (International Seaways, Inc.)

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Vesting and Settlement. (a) The RSUs shall vest as follows, provided that the Grantee remains continuously employed by the Company through each applicable vesting date:: [Insert vesting schedule based on terms of grant]

Appears in 1 contract

Samples: Restricted Stock Unit Grant Agreement (International Seaways, Inc.)

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