Common use of Vesting Years Clause in Contracts

Vesting Years. A “Vesting Year” described above for purposes of determining vesting under the Plan shall be computed in accordance with: [select one — if this is an amendment or restatement of a prior plan, definition from prior plan will override this definition.] o Years of service (12-consecutive-month periods) with the Employer since date of hire (or date of commencement of Board service). o Years of participation in the Plan (12-consecutive-month period between date Participant enters Plan and anniversary of such date) (if this is an amendment or restatement of a prior Plan, years of participation in prior plan will be included) (additional fees will apply if this item is selected).

Appears in 3 contracts

Samples: Nonqualified Supplemental Deferred Compensation Plan Adoption Agreement (Main Street Capital CORP), Nonqualified Supplemental Deferred Compensation Plan Adoption Agreement (Main Street Capital CORP), Nonqualified Supplemental Deferred Compensation Plan (Affymetrix Inc)

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Vesting Years. A “Vesting Year” described above for purposes of determining vesting under the Plan shall be computed in accordance with: [select one if this is an amendment or restatement of a prior plan, definition from prior plan will override this definition.] o Years of service (12-consecutive-month periods) with the Employer since date of hire (or date of commencement of Board service). o Years of participation in the Plan (12-consecutive-month period between date Participant enters Plan and anniversary of such date) (if this is an amendment or restatement of a prior Plan, years of participation in prior plan will be included) (additional fees will apply if this item is selected).

Appears in 2 contracts

Samples: Nonqualified Supplemental Deferred Compensation Plan Adoption Agreement (Eog Resources Inc), Nonqualified Supplemental Deferred Compensation Plan (Ultratech Inc)

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Vesting Years. A "Vesting Year" described above for purposes of determining vesting under the Plan shall be computed in accordance with: [select one - if this is an amendment or restatement of a prior plan, definition from prior plan will override this definition.] o Years of service (12-consecutive-month periods) with the Employer since date of hire (or date of commencement of Board service). o Years of participation in the Plan (12-consecutive-month period between date Participant enters Plan and anniversary of such date) (if this is an amendment or restatement of a prior Plan, years of participation in prior plan will be included) (additional fees will apply if this item is selected).

Appears in 1 contract

Samples: Nonqualified Supplemental Deferred Compensation Plan Adoption Agreement (Eog Resources Inc)

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