Examples of MSG Employee in a sentence
Each tranche of the MSG Performance Alignment Option Grants, which were made under the MSG Employee Stock Plan, will vest in equal installments on September 15, 2019, 2020, 2021 and 2022, subject to continued employment requirements and the terms of Mr. Dolan’s MSG employment agreement.
This grant of performance stock units, which was made under the MSG Employee Stock Plan, will vest in the first quarter following the fiscal year ended June 30, 2020, subject to certification of pre-determined performance goals measured in the 2020 fiscal year and continued employment requirements and the terms of Mr. Dolan’s MSG employment agreement, which is consistent with performance stock units granted as part of MSG’s standard 2018 fiscal year compensation program.
Three quarters of the MSG Performance Alignment PSU Grant, which was granted under the MSG Employee Stock Plan, will vest upon the later of September 15, 2021 and the date of certification of achievement against pre-determined performance goals measured in the 2021 fiscal year, with the remaining one quarter (assuming certification of such predetermined performance goals) vesting on September 15, 2022, subject to continued employment requirements and the terms of Mr. Dolan’s MSG employment agreement.
These grants of restricted stock units, which were made under the MSG Employee Stock Plan, are expected to vest in three equal installments on September 15, 2019, 2020 and 2021, subject to continued employment requirements and MSG employment agreement and award terms (as applicable), and, are subject to performance criteria which have been satisfied.
Two-thirds of this grant of restricted stock units, which was made under the MSG Employee Stock Plan, vested on August 30, 2019, and one-third vests on August 30, 2020, subject to continued employment requirements and the terms of Mr. Dolan’s MSG employment agreement, which is consistent with restricted stock units granted as part of MSG’s standard 2018 fiscal year compensation program.
Notwithstanding the foregoing, in the event that any MSG Participant, Former MSG Employee, or dependent thereof is confined to a facility for treatment as of the Effective Date, such persons nevertheless shall become covered under MSG Health & Welfare Plans as of such date, and shall cease being covered under CVC Health & Welfare Plans as of such date.
Until the Transition Period End Date, MSG will continue to withhold MSG Employee contributions, track matching contributions for MSG Employees and pay CVC the administrative and other expenses for the payment of such benefits, if and to the extent such payment is consistent with past practice.
MSG shall credit each MSG Participant with the amount of accrued but unused vacation time, sick time and other time-off benefits as such MSG Participant had with the CVC Group as of the Distribution Date or as of an employee’s transfer date for a CVC Employee who becomes a MSG Employee prior to December 31, 2010.
CVC shall credit each CVC Participant with the amount of accrued but unused vacation time, sick time and other time-off benefits as of an employee’s transfer date for a MSG Employee who becomes a CVC Employee prior to December 31, 2010.
This grant of restricted stock units, which was made under the MSG Employee Stock Plan, is expected to cliff vest on the third anniversary of the grant date and was subject to performance criteria which have been satisfied.