Common use of Vesting; Effect of Termination of Service Clause in Contracts

Vesting; Effect of Termination of Service. (a) Subject to Sections 3(b) and 3(c) below, Participant’s Restricted Stock Units will vest (i) thirty-three percent (33%) on the twelve (12) month anniversary of the Award Date, provided that Participant has remained in Service continuously through such date, (ii) thirty-three percent (33%) on the twenty-four (24) month anniversary of the Award Date, provided that Participant has remained in Service continuously through such date, and (iii) thirty-four percent (34%) on the thirty-six (36) month anniversary of the Award Date, provided that Participant has remained in Service continuously through such date.

Vesting; Effect of Termination of Service. (a) Subject to Sections 3(b) and 3(c) below, Participant’s Restricted Stock Units will vest become vested (i) thirty-three percent (33%) 25% on the twelve (12) month first one-year anniversary of the Award Date, provided that so long as Participant has remained in Service continuously through until such date, (ii) thirty-three percent (33%) 25% on the twenty-four (24) month second anniversary of the Award Date, provided that so long as Participant has remained in Service continuously through until such date, and (iii) thirty-four percent (34%) 25% on the thirty-six (36) month third anniversary of the Award Date, provided that so long as Participant has remained in Service continuously through until such date, and (iv) 25% on the fourth anniversary of the Award Date, so long as Participant has remained in Service continuously until such date.

Vesting; Effect of Termination of Service. (a) Subject to Sections 3(b‎3(b) and 3(c‎3(c) below, Participant’s Restricted Stock Units will vest (i) thirty-three percent (33%) on the twelve (12) month anniversary of the Award Date, provided that Participant has remained in Service continuously through such date, (ii) thirty-three percent (33%) on the twenty-four (24) month anniversary of the Award Date, provided that Participant has remained in Service continuously through such date, and (iii) thirty-four percent (34%) on the thirty-six (36) month anniversary of the Award Date, provided that Participant has remained in Service continuously through such date.