Vesting (Plan Sample Clauses

Vesting (Plan. Article 8) A.
Sample 1
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Vesting (Plan. A Vesting Plan shall be prepared which describes the procedures, timing, infrastructure, property, documentation and method by which vesting shall occur. This Plan shall conform with TIDC’s requirements for vesting and to TIDC’s Project Commissioning and Operational Readiness Strategy. Schedule 9 – Project Brief South West Rail Link Glenfield Junction Alliance Project Brief Table of Contents 1 Introduction 190 2 The Project 190 3 Planning Approval 193 4 General Requirements 195 5 Operational Requirements 196 6 Maintenance 196 7 Safety Management 196 8 Operational Readiness 196 9 Other information 197 1 Introduction The South West Rail Link (SWRL) forms part of the response of the NSW Government to issues of reliability and passenger growth on the metropolitan rail network. In December 2004, the NSW Government announced that a new rail line, the SWRL would be constructed between Glenfield and Leppington to support the population growth and provide public transport for the planned development of the South West Growth Centre. The NSW Government’s Rail Clearways Program to improve capacity and reliability on CityRail’s suburban network would facilitate the operation of this new line. The SWRL is planned to be delivered in two stages with the first stage to be commissioned and handed over in January 2013. On 31 October 2008, the NSW Minister for Transport announced that the SWRL would be delivered in stages to match population growth in Sydney’s South West region. The announcement included a direction to proceed with Stage 1 - Glenfield Transport Interchange to be commissioned and handed over to RailCorp in 2013. Xxxxx 0 - XXXX Xxxxxxxx from Glenfield South to Leppington would be constructed in a time consistent with land releases and population growth in the region.
Sample 1

Related to Vesting (Plan

  • Vesting of Award Subject to Section 2(b) below and the other terms and conditions of this Agreement, this Award shall become vested in three equal annual installments on the first, second and third anniversaries of the date hereof. Unless otherwise provided by the Company, all dividends and other amounts receivable in connection with any adjustments to the Shares under Section 4(c) of the Plan shall be subject to the vesting schedule in this Section 2(a).

  • Vesting of Awards In the event of a Change in Control, the surviving or successor entity (or its parent corporation) may continue, assume or replace awards granted to the Executive under the terms of the 2013 Equity Plan that are outstanding as of the Change in Control, and such awards or replacements therefore shall remain outstanding and be governed by their respective terms. If and to the extent that outstanding awards granted to the Executive under the terms of the 2013 Equity Plan are not continued, assumed or replaced in connection with a Change in Control, then the vesting of such awards shall be accelerated and such awards shall become immediately fully vested and, in the case of options, exercisable in full as of the Change in Control. With respect to outstanding awards granted to the Executive under the terms of the 2013 Equity Plan that are subject to performance-based vesting conditions, the level of achievement of the performance-based vesting conditions shall be measured consistent with the original terms of the award to preserve the intent of the metrics, and to the extent performance can no longer be reasonably measured consistent with the original terms, the vesting of such awards shall be accelerated and such awards shall become immediately fully vested and, in the case of options, exercisable in full as of the Change in Control. The reference to "fully vested" in connection with any award subject to performance-based vesting conditions refers to vesting at the maximum level of achievement of the performance goal or goals under the award.

  • Vesting of Equity Awards Notwithstanding the provisions of any plan or agreement governing such an Award (as defined in Section 4(c)), all Awards granted to you that remain outstanding and unvested immediately prior to the occurrence of a Change in Control (as defined in Section 4(d)(i)) automatically shall vest in full upon the occurrence of the Change in Control.

  • Vesting Schedule Except as provided in Section 4, and subject to Section 5, the Restricted Stock Units awarded by this Award Agreement will vest in accordance with the vesting provisions set forth in the Notice of Grant. Restricted Stock Units scheduled to vest on a certain date or upon the occurrence of a certain condition will not vest in Participant in accordance with any of the provisions of this Award Agreement, unless Participant will have been continuously a Service Provider from the Date of Grant until the date such vesting occurs.

  • Vesting of the Award Except as otherwise provided in Section 3 and Section 5 below, the Restricted Stock Units will vest at such times (the "Vesting Date") and in the percentages set forth below, as long as the Grantee is serving as an employee of the Company on the Vesting Date. Vesting Date Award Percentage of Restricted Stock Units One Year from Grant Date Two Years from Grant Date Three Years from Grant Date 33% 33% 34% The Company shall issue one share of Stock to the Grantee in settlement of each vested Restricted Stock Unit (the "Distributed Shares") at the time the Restricted Stock Unit vests pursuant to any provision of this Agreement. The Distributed Shares shall be represented by a certificate or by a book-entry.

  • Vesting Schedules The vested interest of each Employee (who has an Hour of Service on or after January 1, 1989) in his Employer-derived account balance shall be determined on the basis of the following schedules:

  • Vesting of RSUs (a) Subject to Participant’s continued employment with or service to a Company Group Member on each applicable vesting date and subject to the terms of this Agreement, including, without limitation, Section 2.2(d), the RSUs shall vest in such amounts and at such times as are set forth in the Grant Notice.

  • Vesting of Options The Option shall vest (become exercisable) in accordance with the vesting schedule shown on page 1 of this Award Agreement. Notwithstanding the vesting schedule on page 1, the Option will also vest and become exercisable:

  • Vesting of Stock Options All unvested stock options held by Executive, if any, shall vest immediately upon a Change of Control Termination as defined in Section 6.1.2. Executive may exercise such options in accordance with the terms and conditions of the stock option plan and the agreement pursuant to which such options were granted.

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