Deferred Vesting Date definition

Deferred Vesting Date means the Distribution Date specified under the Sara Lee Corporation Executive Deferred Compensation Plan, in the event the Participant elected to defer his or her LTRSU award.
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Deferred Vesting Date means the earlier of the Participant’s Retirement Date, Disability Date, or death.
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Deferred Vesting Date has the meaning set forth in Section 2.9.
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Examples of Deferred Vesting Date in a sentence

  • Shares In the event that your Service terminates for any reason, except as provided above in the section entitled “Termination without Cause, Good Reason or Non-Renewal of Employment Agreement; Change of Control,” or in connection with a Deferred Vesting Date, you will forfeit all of the Performance Shares that have not yet vested.

  • If Grantee has not surrendered to the Company cash in an amount sufficient to pay any applicable withholding taxes by the applicable Deferred Vesting Date, the Company shall retain a portion of the vested and non-forfeitable Deferred Shares otherwise deliverable to the Grantee on the Deferred Vesting Date for payment of such withholding taxes.

  • Following the occurrence of any Change in Control that constitutes a change in ownership or effective control within the meaning of Section 409A(a)(2)(A)(v) of the Code, you shall be immediately entitled to receive the Preliminary Consideration and, to the extent not earlier paid or forfeited pursuant to Paragraph 4 hereof, you shall be entitled to receive the Deferred Consideration (if any) upon the Deferred Vesting Date.

  • This applies whether or not that Security Interest or purported Security Interest was valid or prior, equal or subsequent ranking, or the property or moneys stated in the certificate were secured by it.

  • At the Deferred Vesting Date, the fulfillment of the Vesting Performance Target shall be reexamined for the purpose of vesting of the tranche of Options, and the tranche of Options shall vest only subject to compliance with the Vesting Performance Target, provided that the Offeree remains an employee of the group at the Deferred Vesting Dates.

  • That portion of the Stock Appreciation Rights that does not become vested on the scheduled Deferred Vesting Date due to the failure of the Company or Blade to satisfy debt agreement obligations in accordance with clause (i) above shall expire and be cancelled as of such Deferred Vesting Date and shall not be subject to vesting pursuant to Section 4.1.

  • In the event of non-fulfillment of the Vesting Performance Target at the Deferred Vesting Date, the vesting date of the tranche of Options shall be deferred for an additional year, and the statements in this section shall apply.

  • The Policyholder on or after the Vesting Date or the Deferred Vesting Date, as the case may be, can exercise any one of the following options: proportion, as permissible as per the applicable Regulations and may apply the balance Benefit Amount towards purchase of Annuity.

  • Notwithstanding the foregoing, if the Grantee dies, becomes permanently disabled or ceases to be a Nonaffiliate Director of the Company or there is a Change of Control, prior to the one-year anniversary of the Deferred Vesting Date, the Deferred Shares shall become transferable by the Grantee as of the date of the Grantee’s death, permanent disability or cessation of service as a Nonaffiliate Director or as of the date of a Change of Control.

  • Except as provided hereinafter, a Participant shall be entitled to such Participant’s 457(f)(2)(F) Account Benefit upon the Participant’s Deferred Vesting Date in accordance with this Article.

Related to Deferred Vesting Date

  • Initial Vesting Date means the date occurring one (1) year after the Date of Option Grant.

  • Vesting Date has the meaning set forth in Section 3.10(c)(ii).

  • Deferred Retirement Date means, in the case of any Participant who continues in employment after his Normal Retirement Date, the first day of any month following his actual retirement.

  • Vesting Dates means, as determined by the Board or by the Committee, the date as of which the Optionee shall be entitled to exercise the Options or part of the Options, as set forth in section 11 of the ISOP.

  • Non-Vested Shares means any portion of the Restricted Stock subject to this Agreement that has not become vested pursuant to this Section 2.

  • Performance Date means December 31, 2022. If the Locality, in consultation with the Authority and VEDP, deems that good faith and reasonable efforts have been made and are being made by the Company to achieve the Targets, the Locality may, prior to the then-current Performance Date, request an extension of the Performance Date by up to 15 months. Any extension of the Performance Date shall require the prior approval of the Board of Directors of VEDP (the “Board”). If the Performance Date is extended, the Locality shall send written notice of the extension to the Authority, the Company and VEDP and the date to which the Performance Date has been extended shall be the “Performance Date” for the purposes of this Agreement.

  • Deferred Share Unit or “DSU” means a unit equivalent in value to a Share, credited by means of a bookkeeping entry in the books of the Corporation in accordance with Article 7;

  • Deferred Payment Date for a Participant means the date after the Restricted Period in respect of Restricted Share Units which is the earlier of (i) the date which the Participant has elected to defer receipt of the underlying Shares in accordance with Section 4.5 of this Plan; and (ii) the Participant's Separation Date.

  • Deferred Stock Account means a bookkeeping account maintained by the Company for a Participant representing the Participant's interest in the shares credited to such Deferred Stock Account pursuant to Paragraph 7 hereof.

  • Deferred Stock Units means the number of hypothetical Shares subject to an Election.

  • Vesting Event means the earliest to occur of the following events:

  • Deferred Share means a Share which by its terms of issue is a deferred share as defined in the Statutes and includes a permanent interest bearing share and a Core Capital Deferred Share;

  • Vesting Period means the period of time specified by the Committee during which vesting restrictions for an Award are applicable.

  • Measurement Date has the meaning set forth in Section 3.3(a).

  • Deferred Stock Unit means a right granted to a Participant under Article 9 to receive Shares (or the equivalent value in cash or other property if the Committee so provides) at a future time as determined by the Committee, or as determined by the Participant within guidelines established by the Committee in the case of voluntary deferral elections.

  • Deferral Date means the date Fees would otherwise have been paid to the Participant.

  • Award Date means the date upon which the Committee took the action granting an Award or such later date as the Committee designates as the Award Date at the time of the Award.

  • Postponed Retirement Date means the first day of the month coincident with or next following a Participant’s date of actual retirement which occurs after his Normal Retirement Date.

  • Deferred Shares means an award made pursuant to Section 7 of this Plan of the right to receive Common Shares at the end of a specified Deferral Period.

  • Section 409A Payment Date means the earlier of (a) the date of Executive’s death or (b) the date that is six months after the date of termination of Executive’s employment with the Company.

  • Qualifying Retirement means the Employee’s voluntary termination of employment after the Employee has (i) attained (X) age sixty-five (65), (Y) age fifty-five (55) with ten (10) Years of Service as a full-time employee of the Partnership or any of its Affiliates, or (Z) an age which, when added to such Years of Service of the Employee equals at least seventy-five (75), and (ii) previously delivered a written notice of retirement to the Partnership and on the date of retirement the Employee has satisfied the minimum applicable advance written notice requirement set forth below: By way of illustration, and without limiting the foregoing, if (i) the Employee is eligible to retire at age fifty-nine (59) after ten (10) Years of Service, (ii) the Employee gives two (2) years notice at age fifty-eight (58) that the Employee intends to retire at age sixty (60), and (iii) the Employee later terminates employment at age fifty-nine (59), then the Employee’s retirement at age fifty-nine (59) would not constitute a Qualifying Retirement. However, if (i) the Employee is eligible to retire at age fifty-nine (59) after ten (10) Years of Service, (ii) the Employee gives two (2) years notice at age fifty-eight (58) that the Employee intends to retire at age sixty (60), and (iii) the Employee terminates employment upon reaching age sixty (60), then the Employee’s retirement at age sixty (60) would constitute a Qualifying Retirement.

  • Qualified Retirement means any termination of your employment with the Company Group that occurs on or after your 60th birthday, at a time when no member of the Company Group is entitled to discharge you for Cause, so long as you have served the Company Group continuously for at least the five-year period immediately preceding that termination.

  • Change in Control Date means the date on which a Change in Control occurs.

  • Change in Control Benefit means the benefit set forth in Section 4.1 below.

  • Plan Termination Date means the date that is ten (10) years after the Effective Date, unless the Plan is earlier terminated by the Board pursuant to Section 15 hereof.

  • Severance Date means the date on which an Executive incurs a Severance, which shall be the date of termination as determined under Section 5.2.