Vesting of Awarded Units. (a) Unless otherwise determined by the Administrator, the Award shall vest in accordance with the following schedule (each date described below, a “Vesting Date”), if the Grantee is employed by the Company on the applicable Vesting Date.
Appears in 7 contracts
Samples: Award Agreement (Bioventus Inc.), Award Agreement (Bioventus Inc.), Award Agreement (Bioventus Inc.)
Vesting of Awarded Units. (a) Unless otherwise determined by the Administrator, the Award shall vest in accordance with the following schedule (each date described below, a “Vesting Date”), if the Grantee is employed by the Company on the applicable Vesting Date.
Appears in 1 contract
Samples: Award Agreement (Bioventus Inc.)
Vesting of Awarded Units. (a) Unless otherwise determined by the Administrator, the Award shall vest in accordance with the following schedule (each date described below, a “Vesting Date”), if the Grantee is employed by the Company on the applicable Vesting Date.. Applicable Date Vesting Percentage December 31, 2016 20% Each quarter after December 31, 2016 5% PHANTOM AWARD (EXECUTIVE) /TERMINATION
Appears in 1 contract
Samples: Award Agreement (Bioventus Inc.)
