Vesting Based on Continued Service. One-third (1/3) of the RSUs subject to vesting based on continued service shall vest in a lump sum on each of the first, second, and third anniversaries of the Vesting Commencement Date specified above, subject to the Recipient’s continued service through each such anniversary, with any fractions rounded down except on the final installment. The shares of Stock earned as such RSUs vest will be transferred or issued to the Recipient (or his or her estate, in the event of his or her death) promptly after the date they vest, but in any event not later than the 15th day of the third month following the end of the calendar year in which such RSUs become vested.
Vesting Based on Continued Service. Subject to the remainder of this Section 2, the Vested Percentage will be determined as follows:
Vesting Based on Continued Service. 20% of the Restricted Shares will become nonforfeitable on each of the first, second, third, fourth and fifth anniversaries of the Effective Date, provided in each case that the Grantee remains continuously employed or engaged by the Company through the applicable anniversary.
Vesting Based on Continued Service. The Option will become exercisable with respect to 20% of the total Shares subject hereto on each of the first, second, third, fourth and fifth anniversaries of the Grant Date, provided in each case that the Optionee remains in continuous service with the Company through the applicable anniversary date. For purposes of this Award Agreement, service with an Affiliate of the Company will be deemed to constitute service with the Company, for so long as such entity remains an Affiliate of the Company.
Vesting Based on Continued Service. 100% of the Awarded Shares will become vested on December 31, 2017, provided the Participant remains in continuous service with the Advisor through that date.
Vesting Based on Continued Service. [_______] of the Units shall become vested on [_______], provided that the Grantee remains continuously in service with the Company or a Subsidiary through such date. [Insert additional vesting provisions as applicable.]
Vesting Based on Continued Service. 100% of the Restricted Shares will become nonforfeitable on the earlier of (1) the first anniversary of the Effective Date, or (2) the date of the Company’s next Annual General Meeting of Stockholders, provided that the Participant has remained in continuous service to the Company through such date.
Vesting Based on Continued Service. That portion of the Shares specified in the table below shall become Vested Shares on the date set opposite such number in the table below: Portion of the Shares Vesting Date 25 % First anniversary of the Grant Date 25 % Second anniversary of the Grant Date 25 % Third anniversary of the Grant Date
Vesting Based on Continued Service. [percent (___%)] of the Restricted Shares will become nonforfeitable on ___________________, provided in each case that the Grantee has remained in continuous service with the Company through such date.
Vesting Based on Continued Service. <time vest number> (XXX) of the Units will vest on <vest date>, provided that the Grantee remains continuously employed by the Company or a Subsidiary through such date.
