Common use of Vesting of Restricted Units Clause in Contracts

Vesting of Restricted Units. Except as otherwise provided in this Agreement, the Restricted Units will vest in accordance with the vesting schedule set forth in the following table, provided that the Employee remains continuously employed by a Company Entity from the Date of Grant through each vesting date set forth below (each, a “Vesting Date”): Vesting Date Cumulative Vested Percentage One Year Anniversary of Date of Grant 33 1/3 % Two Year Anniversary of Date of Grant 66 2/3 % Three Year Anniversary of Date of Grant 100 % If, on any Vesting Date, the application of the vesting schedule set forth above results in a fractional Restricted Unit becoming vested, the number of Restricted Units vesting on such date shall be rounded up to the next whole number of Restricted Units. Restricted Units that have become vested pursuant to the schedule above are referred to herein as “Vested Units.”

Vesting of Restricted Units. Except as otherwise provided in this Agreement, the Restricted Units will vest in accordance with the vesting schedule set forth in the following table, provided that the Employee remains continuously employed by a Company Entity from the Date of Grant through each vesting date set forth below (each, a “Vesting Date”): Vesting Date Cumulative Vested Percentage One Year Anniversary of Date of Grant 33 1/3 January 4, 2___ 33⅓ % Two Year Anniversary of Date of Grant 66 2/3 January 4, 2___ 66⅔ % Three Year Anniversary of Date of Grant January 4, 2___ 100 % If, on any Vesting Date, the application of the vesting schedule set forth above results in a fractional Restricted Unit becoming vested, the number of Restricted Units vesting on such date shall be rounded up to the next whole number of Restricted Units. Restricted Units that have become vested pursuant to the schedule above are referred to herein as “Vested Units.”

Vesting of Restricted Units. Except as otherwise provided in this Agreement, the Restricted Units will vest in accordance with the vesting schedule set forth in the following table, provided that the Employee remains continuously employed by a Company Entity from the Date of Grant through each vesting date set forth below (each, a “Vesting Date”): Vesting Date Cumulative Vested Percentage One Year Anniversary of Date of Grant 33 1/3 % Two Year Anniversary of Date of Grant 66 2/3 % Three Year Anniversary of Date of Grant 100 , 2___ 33⅓% , 2___ 66⅔% , 2___ 100% If, on any Vesting Date, the application of the vesting schedule set forth above results in a fractional Restricted Unit becoming vested, the number of Restricted Units vesting on such date shall be rounded up to the next whole number of Restricted Units. Restricted Units that have become vested pursuant to the schedule above are referred to herein as “Vested Units.”

Vesting of Restricted Units. Except as otherwise provided in this Agreement, the Restricted Units will shall vest in accordance with the vesting schedule set forth in the following table, provided that the Employee Executive remains continuously employed by a Company Entity and complies with the covenants set forth in Section 8 from the Date of Grant through each vesting date set forth below (each, a “Vesting Date”): Vesting Date Dates Cumulative Vested Percentage One Year Anniversary of Date of Grant 33 1/3 331/3% Two Year Anniversary of Date of Grant 66 2/3 December 31, 2015 662/3% Three Year Anniversary of Date of Grant 100 December 31, 2016 100% If, on any Vesting Date, the application of the vesting schedule set forth above results in a fractional Restricted Unit becoming vested, the number of Restricted Units vesting on such date shall be rounded up to the next whole number of Restricted Units. Restricted Units that have become vested pursuant to the schedule above are referred to herein as “Vested Units”.”