Common use of Vesting of Restricted Share Units Clause in Contracts

Vesting of Restricted Share Units. The restrictions and conditions of Paragraph 1 of this Agreement shall lapse on the Vesting Date or Dates specified in Appendix A so long as the Grantee remains an employee of the Company or a Subsidiary on such Dates. If a series of Vesting Dates is specified, then the restrictions and conditions in Paragraph 1 shall lapse only with respect to the number of Restricted Share Units specified as vested on such date. The Administrator may at any time accelerate the vesting schedule specified in this Agreement.

Appears in 1 contract

Samples: Share Option Agreement (Mimecast LTD)

AutoNDA by SimpleDocs

Vesting of Restricted Share Units. The restrictions and conditions of Paragraph 1 of this Agreement shall lapse on the Vesting Date or Dates specified in Appendix A to this agreement so long as the Grantee remains an employee of the Company or a Subsidiary on such Dates. If a series of Vesting Dates is specified, then the restrictions and conditions in Paragraph 1 shall lapse only with respect to the number of Restricted Share Units specified as vested on such date. The Administrator may at any time accelerate the vesting schedule specified in Appendix A to this Agreement.

Appears in 1 contract

Samples: Non Qualified Share Option Agreement (Mimecast LTD)

Vesting of Restricted Share Units. The restrictions and conditions of Paragraph 1 of this Agreement shall lapse on the Vesting Date or Dates specified in Appendix A hereto so long as the Grantee remains an employee of the Company or a Subsidiary on such Dates. If a series of Vesting Dates is specified, then the restrictions and conditions in Paragraph 1 shall lapse only with respect to the number of Restricted Share Units specified as vested on such date. The Administrator may at any time accelerate the vesting schedule specified in this AgreementParagraph 2.

Appears in 1 contract

Samples: Restricted Share Unit Award Agreement (Mimecast LTD)

AutoNDA by SimpleDocs

Vesting of Restricted Share Units. The restrictions and conditions of Paragraph 1 of this Agreement shall lapse on the Vesting Date or Dates specified in Appendix A the attached schedule so long as the Grantee remains an employee of the Company or a Subsidiary on such Dates. If a series of Vesting Dates is specified, then the restrictions and conditions in Paragraph 1 shall lapse only with respect to the number of Restricted Share Units specified as vested on such date. The Administrator may at any time accelerate the vesting schedule specified in this Agreement.

Appears in 1 contract

Samples: Non Qualified Share Option Agreement (Mimecast LTD)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!