Cumulative Percentage definition
Examples of Cumulative Percentage in a sentence
If the loan is not repaid with accrued interest thereon at the end of the twelve month period, such amounts will be credited to Disney Partner's Capital Account and the Disney Partner's Actual Cumulative Percentage would be adjusted at the beginning of the next fiscal year as if Disney Partner had actually funded the Partnership instead of making the loan to Starwave Partner.
The Holder shall vest in the Option based upon the following schedule: Number of Years from Date of Grant Cumulative Percentage Vested One Year - December 10, 1999 20% Two Years - December 10, 2000 40% Three Years - December 10, 2001 60% Four Years - December 10, 2002 80% Five Years - December 10, 2003 100% Acceleration.
Following the date of any such GTCR Investor Sale, the remaining unvested Incentive Units shall continue to be eligible to vest in accordance with Section 2(a)(i) such that on each vesting date thereafter the Cumulative Percentage of Incentive Units Vested as of the Vesting Date reflects the percentage set forth on Schedule I attached hereto (taking into account the Incentive Units that vested pursuant to this Section 2(a)(ii)).
The option shall become vested according to the following schedule: Cumulative Percentage Date of Shares Vested ---- ---------------- Immediately 50% 11/27/98 75% 11/27/99 87.5% 11/27/00 100% Administrator, in its sole and absolute discretion, may accelerate the vesting of the option at any time.
The Option and the Incentive Shares shall vest in accordance with the following schedule, if as of each such date Executive is, and has been, continuously since the date hereof Employed by the Company: Cumulative Percentage of Option and Incentive Date Shares Vested ---- ----------------------- December 31, 2002......................
The amount of Contract Capacity demonstrated in accordance with the procedures in Exhibit R shall be used for purposes of determining the Cumulative Percentage of Installed Capacity and calculating the Startup Payment pursuant to Section 4.02(a).
For example, if, at the end of fiscal year 2006 the Company’s Common Equity Value exceeds the Target Equity Value for fiscal year 2005 but not for fiscal year 2006 and at the end of fiscal year 2005 the Company’s Common Equity Value did not exceed the Target Equity Value for fiscal year 2005, then the maximum Cumulative Percentage of your PV Option that shall vest as of the end of fiscal year 2006 shall be the Cumulative Percentage shown for fiscal year 2005 on Exhibit A.
The Option shall vest according to the following schedule and may be accelerated in accordance with Section 3A below (each date set forth below, a “Vesting Date”): Cumulative Percentage of Vesting Date Option Vested , 25 % , 50 % , 75 % , 100 % Optionee must be employed by TeleTech or any Subsidiary on any Vesting Date, in order to vest in the portion of the Option set forth in the chart above that vests on such Vesting Date.
The option shall become vested according to the following schedule: Cumulative Percentage Date of Shares Vested ---- ---------------- Immediately 25% 12/15/98 50% 12/15/99 75% 12/15/00 100% Administrator, in its sole and absolute discretion, may accelerate the vesting of the option at any time.
The Cumulative Percentage of your PV Option shall vest as of the end of the corresponding fiscal year shown on Exhibit A if the Company’s Common Equity Value exceeds the applicable Target Equity Value as of the end of such fiscal year, and if, as of the end of such fiscal year, you are still employed by the Company or any of its Subsidiaries.