Examples of Original vesting Date in a sentence
In the event that Participant ceases to be continuously employed by Corporation (or a Successor) prior to the Original Vesting Date in a manner other than as specified in Sections 5(a), 5(b) or 5(c) hereof, Participant will immediately and automatically forfeit all Performance Shares subject to this Award, and Participant will cease to have any rights with respect to such Performance Shares.
Under the Option Agreement, 250,000 Option Shares are currently vested and 250,000 Option Shares are scheduled to vest on June 30, 1999 (the "Original Vesting Date").
If any Participant ceases to be a director or employee of a Participating Company before the Original Vesting Date, any option granted to him may be exercised only if the Participant would in those circumstances have received the cash which was the subject of the surrendered award under the EDIP and/or the UK RSP (and subject to Rule 3.5 below).
In the event that Participant ceases to maintain his or her Service Relationship with the Corporation (or a Successor) prior to the Original Vesting Date in a manner other than as specified in Sections 5(a), 5(b) or 5(c) hereof, Participant will immediately and automatically forfeit all Performance Shares subject to this Award, and Participant will cease to have any rights with respect to such Performance Shares.
According to our records, you will have as of December 31, 2005, outstanding and otherwise unvested the following options: # of Options Exercise Price Original Vesting Date [ ] [ ] [ ] The abovementioned options are referred to herein as (“your Outstanding Options”).
Subject to sub-rules 3.3 and 3.4 below and to Rule 5 below, an option may not be exercised before the date on which the cash which was the subject of the surrendered award under the EDIP and/or the UK RSP would have been transferred to the participant (the "Original Vesting Date").
Acknowledged: /s/ Xxxx Xxxxxxx Date: 8/15/06 Print Name Xxxx Xxxxxxx ANNEX B Outstanding but Unvested RSUs Date of Grant Number of Units Granted Original Vesting Date 02/15/2016 3,565.50 02/15/2018 ANNEX C Authorized but Unissued RSUs Amount of Units Approved for Grant Original Scheduled Vesting Date $1,000,000 of RSUs 08/15/2017 $1,000,000 of RSUs 08/15/2018 $1,000,000 of RSUs 08/15/2019 ANNEX D COMSCORE, INC.
Provided only that as of the Original Vesting Date (a) the Grantee was employed by the Company and (b) in the case of any performance-based Restricted Stock Unit, each other condition to vesting on the Original Vesting Date was met as of such date, then no further conditions shall apply to the vesting of the Restricted Stock Unit.
Notwithstanding any other provision of the Award Agreement to the contrary (including Section 8 thereof), such vesting shall occur automatically on the Extended Vesting Date, without regard to any change in the Grantee’s employment status with the Company or any other occurrence or change in circumstances whatsoever subsequent to the Original Vesting Date.