Vesting Criteria. The RSU Award shall vest, and the Shares shall be issuable to the Participant, according to the Vesting Criteria set forth above. If application of the Vesting Criteria causes vesting of a fractional Share, such Share shall be rounded down to the nearest whole Share. Shares that vest and are issuable pursuant to the Vesting Criteria are “Vested Shares.”
Appears in 10 contracts
Samples: Restricted Share Unit Award Agreement (Flex Ltd.), Restricted Share Unit Award Agreement (Flex Ltd.), Restricted Share Unit Award Agreement (Flex Ltd.)
Vesting Criteria. The Subject to Section 1.1(b), the RSU Award shall vest, and the Shares shall be issuable to the Participant, according to the Vesting Criteria set forth above. If application of the Vesting Criteria causes vesting of a fractional Share, such Share shall be rounded down to the nearest whole Share. Shares that vest and are issuable pursuant to the Vesting Criteria are “Vested Shares.”
Appears in 3 contracts
Samples: Restricted Share Unit Award Agreement (Flex Ltd.), Restricted Share Unit Award Agreement (Flex Ltd.), Restricted Share Unit Award Agreement (Flex Ltd.)
Vesting Criteria. The RSU Award shall vest, and the Shares shall be issuable to the Participant, according to the Vesting Criteria set forth above. If application of the Vesting Criteria causes vesting of a fractional Share, such Share shall be rounded down to the nearest whole Share. Shares that vest and are issuable pursuant to the Vesting Criteria are “Vested Shares.” The period from the date of grant to the Vesting Date set forth under “Vesting Criteria” above is the “Vesting Period.”
Appears in 1 contract
Vesting Criteria. The RSU Award shall vest, and the Shares shall be issuable to the Participant, according to the Vesting Performance Criteria set forth above. If application of the Vesting Performance Criteria causes vesting of a fractional Share, such Share shall be rounded down to the nearest whole Share. Shares that vest and are issuable pursuant to the Vesting Performance Criteria are “Vested Shares.”
Appears in 1 contract
Samples: Share Unit Award Agreement (Flextronics International Ltd.)