Vesting of Deferred Stock Units. On the Grant Date, the Deferred Stock Units will be fully vested and shall not be subject to forfeiture.
Vesting of Deferred Stock Units. The Deferred Stock Units shall be fully vested upon the Grant Date specified above.
Vesting of Deferred Stock Units. (a) The Deferred Stock Units shall become vested on the fourth anniversary of the Date of Grant, which such date will be (the “Vesting Date”), if the Grantee shall have remained in the continuous employ of the Company or a Subsidiary during that four-year period. Any Deferred Stock Units not vested will be forfeited, except as provided in Article II, Section 3(b) below. Deferred Stock Units may also be forfeited in the event the Committee determines the Grantee has engaged in Detrimental Activity as such term is defined in the Plan.
Vesting of Deferred Stock Units. (a) The Deferred Stock Units shall become vested on the third anniversary of the Date of Grant, which such date will be November 18, 2011 (the “Vesting Date”), if the Grantee shall have remained in the continuous employ of the Company or a Subsidiary during that three (3) year period. Any Deferred Stock Units not vested will be forfeited, except as provided in Section 3(b) below, if the Grantee ceases to be continuously employed by the Company prior to the Vesting Date. Deferred Stock Units may also be forfeited in the event the Board determines the Grantee has engaged in Detrimental Activity as such term is defined in the Plan.
Vesting of Deferred Stock Units. (a) Subject to the terms and conditions of Sections 1(b), 1(e) and 2 hereof, the Grantee's right to receive the Deferred Stock Units shall vest and become non-forfeitable on the fourth anniversary of the Date of Grant, ________________________, 20___ (the "Deferred Vesting Date" and the period from the Date of Grant to _____________________, 20___ being hereinafter referred to as the "Deferral Period") Notwithstanding the foregoing, if Grantee is subject to the policies of the Company permitting transactions in equity securities of the Company to be effected only during designated "window periods", or if Grantee is otherwise subject to a "trading ban" or similar restrictions that would prevent the redemption of the Deferred Stock Units for Common Stock and/or the subsequent resale of Common Stock on the relevant Deferred Vesting Date, then unless the Grantee otherwise advises the Company in writing, the Deferred Vesting Date of the Deferred Stock Units shall be (in lieu of the date specified above) the first date following the relevant date specified above on which such Grantee would be permitted to effect a redemption of Deferred Stock Units in compliance with applicable Company policies and/or law (as appropriate).
Vesting of Deferred Stock Units. Subject to the Participant’s Continuous Service through the applicable vesting date (except as otherwise provided below), the Participant shall become vested in a percentage of the Deferred Stock Units shown below based upon the level of achievement of [ ] and the following vesting schedule: ny-2037657 v3 Vesting Schedule: [ ] Percentage of Target Award Vested: [ ] [ ] [ ] [ ] Performance will be measured over a [ ] performance period commencing on [ ] and ending on [ ] (the “Performance Period”). If [ ] falls between Threshold Performance and Target Performance or between Target Performance and Maximum Performance, the percentage of the Target Award that vests will be determined by straight-line interpolation. If [ ] is above Maximum Performance, [ ] of the Target Award shall vest and if [ ] is below Threshold Performance, [ ] percent of the Target Award shall vest. If the vesting schedule would result in a fractional Deferred Stock Unit vesting, any such fractional Deferred Stock Unit will be cancelled. Except as provided below or as otherwise determined by the Committee, upon a termination of the Participant’s Continuous Service during the Performance Period, all Deferred Stock Units shall automatically be forfeited as of the date of such termination of Continuous Service.
Vesting of Deferred Stock Units. (a) One-half of the DSUs granted under this Agreement shall be vested on the Date of Grant. Subject to Section 2(b) below, the remaining DSUs shall become vested on the first anniversary of the Date of Grant, subject to the Participant’s continued service as a Non-Officer Director on such date.
Vesting of Deferred Stock Units. Subject to Paragraph 4 below, the Deferred Stock Units granted hereunder shall vest in accordance with the terms of the DSU Plan.
Vesting of Deferred Stock Units. The Deferred Stock Units shall fully vest and become non-forfeitable immediately upon being credited to Holder's Deferred Stock Unit Account under the Plan.
Vesting of Deferred Stock Units. (a) The Deferred Stock Units shall become vested on the ______ anniversary of the Date of Grant (the “Vesting Date”), if the Grantee shall have remained in the continuous employ of the Company or a Subsidiary during that ______-year period (such period, the “Vesting Period”). Any Deferred Stock Units not vested as of the end of the Vesting Period will be forfeited, except as provided in Article II, Sections 3(b) or (c) below. Deferred Stock Units may also be forfeited in the event the Committee determines the Grantee has engaged in Detrimental Activity as such term is defined in the Plan.
