Vesting Condition. All of the Restricted Stock Units are nonvested and forfeitable as of the Grant Date. So long as you continue to be an Eligible Person through the applicable date upon which vesting is scheduled to occur, one-fourth of the Restricted Stock Units will vest and become nonforfeitable on each anniversary of the Grant Date, such that 100% of the Restricted Stock Units will be vested and nonforfeitable on the 4th anniversary of the Grant Date.
Appears in 1 contract
Sources: Restricted Stock Unit Award Agreement (Emcore Corp)
Vesting Condition. All of the Restricted Stock Units are nonvested and forfeitable as of the Grant Date. So long as you continue to be an Eligible Person a Service Provider through the applicable date upon which vesting is scheduled to occur, one-fourth 100% of the Restricted Stock Units will vest and become nonforfeitable on each [], which is the first anniversary of the Grant DateCompany’s most recent annual meeting of shareholders (or, if the Company’s next annual meeting of shareholders occurs prior to such that 100% of the Restricted Stock Units will be vested and nonforfeitable vesting date, on the 4th anniversary of the Grant Dateday prior to that annual meeting).
Appears in 1 contract
Sources: Restricted Stock Unit Award Agreement (Emcore Corp)
Vesting Condition. All of the Restricted Stock Units are nonvested and forfeitable as of the Grant Date. So long as you continue to be an Eligible Person through the applicable date upon which vesting is scheduled to occur, [one-fourth fourth] of the Restricted Stock Units will vest and become nonforfeitable on each anniversary of the Grant Date, such that 100% of the Restricted Stock Units will be vested and nonforfeitable on the 4th [4th] anniversary of the Grant Date.
Appears in 1 contract
Sources: Restricted Stock Unit Award Agreement (Emcore Corp)
Vesting Condition. All of the Restricted Stock Units are nonvested and forfeitable as of the Grant Date. So long as you continue to be an Eligible Person a Service Provider through the applicable date upon which vesting is scheduled to occur, [one-fourth third] of the Restricted Stock Units will vest and become nonforfeitable on each anniversary of the Grant Date, such that 100% of the Restricted Stock Units will be vested and nonforfeitable on the 4th [3rd] anniversary of the Grant Date.
Appears in 1 contract
Sources: Restricted Stock Unit Award Agreement (Emcore Corp)