Vesting of DSUs. The DSUs subject to this Agreement are 100% vested as of their respective Grant Dates.
Vesting of DSUs. The DSUs shall vest as follows: (I) one-third of the Supplementary DSUs shall vest in four equal quarterly installments commencing on October 1, 2006 (e.g., the first of four equal quarterly vesting periods will begin on October 1, 2006 so that 25% of such DSUs shall have vested as of January 1, 2007) (the "One-Year DSUs"), (II) both (a) one-third of the Supplementary DSUs and (b) the 45,837 DSUs issued in exchange for options with a vesting date prior to August 31, 2007, shall vest in eight equal quarterly installments commencing on October 1, 2006 (e.g., the first of eight equal quarterly vesting periods will begin on October 1, 2006 so that 12.5% of such DSUs shall have vested as of January 1, 2007) (collectively, the "Two-Year DSUs"), and (III) one-third of the Supplementary DSUs shall vest in twelve equal quarterly installments commencing on October 1, 2006 (e.g., the first of twelve equal quarterly vesting periods will begin on October 1, 2006 so that approximately 8.33% of such DSUs shall have vested as of January 1, 2007) (collectively, the "Three-Year DSUs").
Vesting of DSUs. Subject to the terms and conditions of Sections 5 and 6 hereof, the DSUs covered by this Agreement shall become nonforfeitable and payable to the Grantee pursuant to Section 7 hereof with respect to one-hundred percent (100%) of the DSUs on the earlier of (a) the first anniversary of the Date of Grant or (b) immediately prior to the [first]/[next following] annual meeting of the Company’s Stockholders (either such date, the “Vesting Date”), if the Grantee continues to serve as a Director until the Vesting Date.
Vesting of DSUs. The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the anniversary of the Grant Date so long as the Grantee remains a Director of the Company on such date. Subsequent to such Vesting Date or Dates, the shares of DSUs on which all restrictions and conditions have lapsed shall no longer be deemed restricted and shall be considered vested.
Vesting of DSUs. The DSUs granted hereunder shall be fully vested on the Grant Date.
Vesting of DSUs. The Participant’s interest in the DSUs shall be vested and nonforfeitable as of the Date of Grant.
Vesting of DSUs. Subject to the Participant’s Continuous Service through the applicable Vesting Date, the DSUs shall vest on the earliest to occur of the following: (a) the date set forth in the Notice of Grant; (b) the Participant’s death; (c) cessation of Participant’s Continuous Service due to Disability; or (d) a Change of Control of the Company (each, a “Vesting Date”). The DSUs, to the extent not then vested, shall be immediately forfeited by the Participant without consideration as of the date that the Participant’s Continuous Service ceases (the “Termination Date”).
Vesting of DSUs. The DSUs shall be vested on the Grant Date with respect to /48ths of the DSUs and the balance of the DSUs shall vest in __ equal monthly increments commencing on the first day of the month immediately following the Grant Date. Notwithstanding the foregoing, in the event of a Sale Event, the DSUs shall become fully vested.
Vesting of DSUs. Subject to the terms of this Plan and the applicable DSU Agreement, if any, after the applicable vesting period, if any, has ended and after the Participant’s Termination Date, the holder of DSUs shall be entitled to receive payout on the value and number of DSUs, determined by the Board on the applicable DSU Vesting Determination Date as a function of the extent to which the corresponding vesting criteria, if any, have been achieved. After the Board has determined that the vesting criteria, if any, relating to DSUs credited to a Participant’s Account have been achieved, such DSUs shall entirely vest and be paid in accordance with this Section 6.5, but in no event will such payment be made earlier than the Participant’s Termination Date, or later than the last day of the applicable Restriction Period. Unless otherwise determined by the Board, all DSUs credited to a Participant’s Account in respect of which any vesting criteria have not been achieved shall automatically be forfeited and be cancelled on the DSU Vesting Determination Date and, in any event, no later than the last day of the Restriction Period.
Vesting of DSUs. The DSUs subject to Quarterly DSU Awards are 100% vested as of their respective Grant Dates. The Equity DSU Award will vest and become non-forfeitable as to 1,500 of the DSUs subject to the Award on each of June 30, 2014, September 30, 2014, December 31, 2014 and March 31, 2015 so long as your Service to the Company as a director has not previously ended.
