Examples of Applicable Vesting Date in a sentence
Subject to the Participant’s continued Services with the Company and its Affiliates through each Applicable Vesting Date, the PSUs covered by an Earned Tranche that corresponds to the Applicable Vesting Date shall become vested as of such Applicable Vesting Date.
If the Participant’s Services with the Company and its Affiliates terminate for any reason prior to the last Applicable Vesting Date, then, except as otherwise expressly provided in the Award Agreement, the then-outstanding Tranches shall be forfeited.
Earned Tranches shall vest on the Applicable Vesting Date set forth below, subject to the Participant’s continued Services with the Company and its Affiliates through the Applicable Vesting Date.
Except as otherwise set forth in the Award Agreement, any Earned Tranches will only be eligible to vest on the Applicable Vesting Date.
Subject to the Participant’s execution and delivery of a release of claims in the form provided by the Company (and non- revocation thereof within the time period set forth therein), upon the occurrence of a Special Vesting Event prior to the completion of the Performance Period, the Participant shall vest in each Tranche that became an Earned Tranche prior to the Special Vesting Event but for which the Applicable Vesting Date has not occurred prior to the Special Vesting Event.