Common use of Vesting Schedule and Forfeiture Provisions Clause in Contracts

Vesting Schedule and Forfeiture Provisions. (a) Subject to the Executive’s continued employment with the Xxxxxx Group through the applicable vesting date (set forth in the left column), the RSUs shall vest as follows and become payable in accordance with Section 3.2 below: Percentage of Shares as to which Date RSUs Become Vested RSUs Become Vested On [insert date] [insert] % On [insert date] [insert] % On [insert date] [insert] %

Appears in 1 contract

Samples: Restricted Share Unit Award Agreement (Willis Group Holdings PLC)

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Vesting Schedule and Forfeiture Provisions. (a) Subject to The RSUs shall become vested as follows provided that at the Executive’s continued employment with the Xxxxxx Group through the applicable vesting date (set forth the Associate is still in the left column), the RSUs shall vest as follows and become payable in accordance with Section 3.2 belowemployment: Percentage of Shares as to which Date RSUs Become Vested RSUs Become Vested On [insert date] [insert] % insert]% On [insert date] [insert] % insert]% On [insert date] [insert] %insert]%

Appears in 1 contract

Samples: Restricted Share Units Award Agreement (Willis Group Holdings PLC)

Vesting Schedule and Forfeiture Provisions. (a) Subject to the Executive’s Associates’ continued employment with the Xxxxxx Group through the applicable vesting date (set forth in the left column), the RSUs shall vest as follows and become payable in accordance with Section 3.2 belowfollows: Percentage of Shares as to which RSUs Date RSUs Become Vested RSUs that Become Vested On [insert dateINSERT DATE] [insert] % INSERT]% On [insert dateINSERT DATE] [insert] % INSERT]% On [insert dateINSERT DATE] [insert] %INSERT]%

Appears in 1 contract

Samples: Restricted Share Units Award Agreement (Willis Group Holdings PLC)

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Vesting Schedule and Forfeiture Provisions. (a) Subject to the Executive’s 's continued employment with the Xxxxxx Group Company, its Subsidiaries or a Designated Associate Company through the applicable vesting date (set forth in the left column)date, the RSUs shall vest as follows according to the vesting schedule that is set forth in a schedule set forth below and become payable in accordance with Section 3.2 3 .1 and Section 3 .2 below: Percentage of Shares as to which . Date RSUs Become Vested RSUs Become Vested On [insert date] [insert] Percentage of Shares 10 May 2014 33% On [insert date] [insert] 10 May 2015 33% On [insert date] [insert] 10 May 2016 34%

Appears in 1 contract

Samples: Restricted Share Unit Award Agreement (Willis Group Holdings PLC)

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