Vesting; Delivery of Unit Shares. Subject to earlier vesting and delivery as set forth below, forty percent (40%) (1,200) of the Stock Units vest (i.e., are not subject to forfeiture) and the associated underlying Unit Shares will be delivered on November 16, 2010 and the remaining sixty percent (60%) (1,800) of the Stock Units vest and the associated underlying Unit Shares will be delivered on November 16, 2011.
Appears in 5 contracts
Samples: Stock Unit Agreement (Abovenet Inc), Stock Unit Agreement (Abovenet Inc), Stock Unit Agreement (Abovenet Inc)
Vesting; Delivery of Unit Shares. Subject to earlier vesting and delivery as set forth below, forty percent (40%) (1,200) of the 2,000 Stock Units vest (i.e., are not subject to forfeiture) and the associated underlying Unit Shares will be delivered on November 16, 2010 2012 and the remaining sixty percent (60%) (1,800) of the 1,000 Stock Units vest (i.e., are not subject to forfeiture) and the associated underlying Unit Shares will be delivered on November 16, 20112013.
Appears in 5 contracts
Samples: Stock Unit Agreement (Abovenet Inc), Stock Unit Agreement (Abovenet Inc), Stock Unit Agreement (Abovenet Inc)