Applicable Vesting Date definition

Applicable Vesting Date means March 1 of the calendar year following the calendar year in which the Participant terminates due to Disability or Normal Retirement or, if earlier, the Award vesting date.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Applicable Vesting Date means, with respect to a Performance Period, the fifth business day following the Certification Date therefor.

Applicable Vesting Date has the meaning set forth in Section 2.11(k).

Examples of Applicable Vesting Date in a sentence

• To the extent Award Shares vest pursuant to the provisions of Section 3, all such amounts representing accrued dividends and distributions shall be payable to Grantee on the Applicable Vesting Date (as defined below).

• The RSUs shall not vest on the Applicable Vesting Date or be delivered on the applicable Delivery Date unless such vesting and delivery is in compliance, to the reasonable satisfaction of the Committee, with all applicable federal and state laws, as they are in effect on each such date.

• The Company shall, on or within thirty (30) days following the Applicable Vesting Date, deliver (or cause to be delivered) to the Participant the Shares underlying the Earned PSUs that vested on the Applicable Vesting Date pursuant to Section 3(a).

• Except as otherwise set forth in the Award Agreement, any Earned Tranches will only be eligible to vest on the Applicable Vesting Date.

• 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.

More Definitions of Applicable Vesting Date

Applicable Vesting Date has the meaning set forth in the chart under “Vesting Schedule” of this Appendix B.

Applicable Vesting Date means the Scheduled Vesting Date or the effective date of the Sale, as applicable.

Applicable Vesting Date means, in respect of any Company Restricted Shares, each date on which the Company's right to repurchase such Company Restricted Shares would have lapsed if such Company Restricted Shares had remained outstanding.

Applicable Vesting Date means March 1 of the calendar year following the calendar year in which the Participant’s Employment terminates or, if earlier, the Vesting Date. Upon vesting, such RSUs will be settled promptly, provided that if vesting occurs at an Applicable Vesting Date earlier than the Vesting Date, settlement will occur within fourteen (14) days after the Applicable Vesting Date.

Applicable Vesting Date means, with respect to Tranche A RSUs, Tranche B RSUs, Tranche C RSUs, and Executive OSOs, the applicable date specified in Section 3(c) on which Executive would become vested in the Tranche A RSUs, Tranche B RSUs, Tranche C RSUs, and Executive OSOs, respectively.

Applicable Vesting Date shall be determined as follows: (i) if any vesting criteria are met before the fifth anniversary of the Grant Date, the Applicable Vesting Date as to those vesting criteria shall be the fifth anniversary of the Grant Date; and (ii) if any vesting criteria are met after the fifth anniversary of the Grant Date (but before the end of the Performance Period), the Applicable Vesting Date as to those vesting criteria shall be the last day of the applicable Trading Period during which those vesting criteria are met.

Applicable Vesting Date means the later of (A) the first to occur of (1) a Change in Control and (2) July 1, 2021 (the “Applicable Measurement Date”) and (B) the date of Participant’s Termination of Employment.