Common use of Vesting of RSUs Clause in Contracts

Vesting of RSUs. Subject to the terms and conditions of Sections 5, 6 and 7 hereof, all of the RSUs covered by this Agreement shall become nonforfeitable upon the Grantee remaining in the continuous employment of the Company or a Subsidiary until the third anniversary of the Date of Grant (the period of time from the Date of Grant to the third anniversary, the “Restriction Period”).

Appears in 7 contracts

Samples: Restricted Stock Unit Agreement (Lincoln Electric Holdings Inc), Restricted Stock Unit Agreement (Lincoln Electric Holdings Inc), Restricted Stock Unit Agreement (Lincoln Electric Holdings Inc)

AutoNDA by SimpleDocs

Vesting of RSUs. Subject to the terms and conditions of Sections 5, 5 and 6 and 7 hereof, all of the RSUs covered by this Agreement shall become nonforfeitable upon and payable to the Grantee remaining in the continuous employment pursuant to Section 7 hereof with respect to 25% of the Company or a Subsidiary until RSUs on the first anniversary of the Date of Grant, 25% of the RSUs on the second anniversary of the Date of Grant, 25% of the RSUs on the third anniversary of the Date of Grant (Grant, and 25% of the period RSUs on the fourth anniversary of time from the Date of Grant to the third anniversary(each such date, the a Restriction PeriodVesting Date”), if the Grantee remains in the continuous employ of the Company or any Subsidiary as of each such Vesting Date.

Appears in 4 contracts

Samples: Restricted Stock Unit Agreement (FTS International, Inc.), Restricted Stock Unit Agreement (FTS International, Inc.), Restricted Stock Unit Agreement (FTS International, Inc.)

Vesting of RSUs. Subject to the terms and conditions of Sections 5, 6 and 7 hereof, all of the RSUs covered by this Agreement shall become nonforfeitable upon the Grantee remaining in the continuous employment of the Company or a Subsidiary until the third anniversary of the Date of Grant (the period of time from the Date of Grant to the third anniversary, the “Restriction Period”)Grant.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Lincoln Electric Holdings Inc)

AutoNDA by SimpleDocs

Vesting of RSUs. Subject to the terms and conditions of Sections 5, 6 and 7 hereof, all of the RSUs covered by this Agreement shall become nonforfeitable upon the Grantee remaining in the continuous employment of the Company or a Subsidiary until the third anniversary of the Date of Grant (the period of time from the Date of Grant to the third anniversary, the “Restriction Period”).. ​

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Lincoln Electric Holdings Inc)

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