Vesting of Awarded Shares. Subject to Section 11, the Awarded Shares are subject to forfeiture to the Company until they become vested in accordance with this Section 2.
Vesting of Awarded Shares. The Awarded Shares are subject to forfeiture to the Company until they become nonforfeitable in accordance with this Section 2.
Vesting of Awarded Shares. (a) Except as provided in Section 2(b) and 2(c), the Awarded Shares shall be forfeited to the Company for no consideration in the event the Grantee (i) voluntarily ceases to retain Continuous Status as an Employee or Consultant prior to the third anniversary of the Grant Date or (ii) ceases to retain Continuous Status as an Employee or Consultant as a result of being terminated by the Company, with or without cause, prior to the third anniversary of the Grant Date.
Vesting of Awarded Shares. Subject to Sections 5, 6 and 10 of this Agreement, one-third of the Awarded Shares will vest during the period of your employment with the Company and its Subsidiaries (as defined in Section 13 of this Agreement) on each of the first, second and third anniversaries of the Date of Grant.
Vesting of Awarded Shares. The Awarded Shares shall vest on the first anniversary of the Grant Date, provided there has been no cessation of Grantee’s continuous service to the Company as a member of the Board: (“Continuous Service”) on or before that date. Awarded Shares that have vested pursuant to this Agreement are referred to herein as “Vested Awarded Shares,” and Awarded Shares that have not vested pursuant to this Agreement are referred to herein as “Unvested Awarded Shares.” Notwithstanding the foregoing provisions, if Grantee’s Continuous Service terminates on or after the Grant Date, but prior to the first anniversary of the Grant Date by reason of Grantee’s death, the Unvested Awarded Shares shall become Vested Shares on the date of the Grantee’s death.
Vesting of Awarded Shares. (a) Except as provided in Section 2(b), the Awarded Shares shall be forfeited to the Company for no consideration in the event the Director (i) voluntarily terminates his or her services to the Company prior to the first anniversary of the Grant Date (provided, however, that the Director shall not be considered to have voluntarily terminated his or her services to the Company if the Director completes the term of Board service for which he or she has most recently been elected or appointed but does not stand for re-election to the Board) or (ii) is removed from the Board by a vote of a majority of Directors prior to the first anniversary of the Grant Date.
Vesting of Awarded Shares. Subject to Section 5 of this Agreement, [VESTING PERCENTAGE] percent of the Awarded Shares will vest on each of the first [YEARS OF VESTING] anniversary dates of the Date of Grant, provided you continue to be a director of the Company on each such vesting date.
Vesting of Awarded Shares. (A) Subject to the terms and condition of the Scheme and the fulfillment of all vesting conditions to the vesting of the Awarded Shares on such Selected Employee as specified in the Scheme and the Grant Notice, the respective Awarded Shares held by the Trustee on behalf of the Selected Employee pursuant to the provision hereof shall vest in such Selected Employee in accordance with the vesting schedule (if any) as set out in the Grant Notice, and the Trustee shall cause the Awarded Shares to be transferred to such Selected Employee on the Vesting Date.
Vesting of Awarded Shares. Subject to Sections 5 and 6 of this Agreement, the Awarded Shares will vest pro rata over the calendar year in which the Date of Grant for the Awarded Shares occurred (“Issuance Year”),
Vesting of Awarded Shares. (a) Except as provided in Section 3(b) and 3(c), the Awarded Shares shall be forfeited to the Company for no consideration in the event the Grantee (i) voluntarily ceases to retain Continuous Status as an Employee or Consultant, other than for Good Reason (as such terms are defined in the Plan), prior to the third anniversary of the Grant Date or (ii) ceases to retain Continuous Status as an Employee or Consultant as a result of being terminated by the Company for Cause, prior to the third anniversary of the Grant Date.
