Common use of What Vesting Means Clause in Contracts

What Vesting Means. When an RSU becomes Vested, it means only that your continued active Employment is not required for delivery of that portion of RSU Shares. Vesting does not mean you have a non-forfeitable right to the Vested portion of your Award. The terms of this Award Agreement (including conditions to delivery and any applicable Transfer Restrictions) continue to apply to Vested RSUs, and you can still forfeit Vested RSUs and any RSU Shares. DELIVERY OF YOUR RSU SHARES

Appears in 6 contracts

Samples: Rsu Award Agreement (Goldman Sachs Group Inc), Rsu Award Agreement (Goldman Sachs Group Inc), Year End Rsu Award Agreement (Goldman Sachs Group Inc)

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