Common use of VESTING SCHEDULE; SERVICE REQUIREMENT Clause in Contracts

VESTING SCHEDULE; SERVICE REQUIREMENT. Except as provided otherwise in Section 4 of this Agreement, a portion of the RSUs shall vest during Participant’s continued service with the Company or an Affiliate (“Continuous Service”) on each “Vesting Date” set forth on Participant’s Grant Summary Report (each, a “Vesting Date”) as follows: (a) thirty-three and one-third percent (33 1/3%) of the RSUs will vest on the first Vesting Date; (b) an additional thirty-three and one-third percent (33 1/3%) of the RSUs will vest on the second Vesting Date; and (c) the remaining thirty-three and one-third percent (33 1/3%) of the RSUs will vest on the third Vesting Date. If an installment of the vesting would result in a fractional vested RSU, such installment will be rounded to the next higher or lower RSU, except that the final installment will be for the balance of the RSUs.

VESTING SCHEDULE; SERVICE REQUIREMENT. Except as provided otherwise in Section 4 of this Agreement, a portion of the RSUs Restricted Stock Units shall vest during Participant’s continued service with the Company or an Affiliate (“Continuous Service”) on each “Vesting Date” set forth on Participant’s Grant Summary Report (each, a “Vesting Date”) as follows: (a) thirty-three and one-third percent (33 1/3%) of the RSUs Restricted Stock Units will vest on the first Vesting Date; (b) an additional thirty-three and one-third percent (33 1/3%) of the RSUs Restricted Stock Units will vest on the second Vesting Date; and (c) the remaining thirty-three and one-third percent (33 1/3%) of the RSUs Restricted Stock Units will vest on the third Vesting Date. If an installment of the vesting would result in a fractional vested RSURestricted Stock Unit, such installment will be rounded to the next higher or lower RSURestricted Stock Unit, except that the final installment will be for the balance of the RSUsRestricted Stock Units.