Examples of Second Deferral Period in a sentence
The Plan will end in 2026, 24 months after the end of the Vesting Period, on the date of Grant of 15% of the Shares to the Beneficiaries at the end of the Second Deferral Period.
The Grant of Shares shall take place following Accrual:x for a total of 70% of the Shares at the end of the Vesting Period;x for a total of 15% of the Shares at the end of the First Deferral Period;x for a total of 15% of the Shares at the end of the Second Deferral Period.
The proposed Plan provides for the free Grant of Shares of the Company following their Accrual: • for a total of 70% at the end of the Vesting Period, equal to three years (2021, 2022 and 2023);• for a total of 15% at the end of the First Deferral Period, equal to 12 months from the date of Grant of the first portion of Shares;• for a total of 15% at the end of the Second Deferral Period, equal to 24 months from the date of Grant of the first portion of Shares.
The Grant of Shares shall take place:• for a total of 70% of the Shares at the end of the Vesting Period and by 30 June 2024;• for a total of 15% of the Shares at the end of the First Deferral Period;• for a total of 15% of the Shares at the end of the Second Deferral Period.
The Plan will end in 2028 on the date of Grant of 15% of the Shares to the Beneficiaries at the end of the Second Deferral Period.
The proposed Plan provides for the Grant of Shares free of charge of the Company following their Accrual: • for a total of 70% at the end of the Vesting Period, equal to three years (, 2023,2024 and 2025);• for a total of 15% at the end of the First Deferral Period, equal to 12 months from the date of Grant of the first portion of Shares;• for a total of 15% at the end of the Second Deferral Period, equal to 24 months from the date of Grant of the first portion of Shares.
The Grant of Shares shall take place:x for a total of 70% of the Shares at the end of the Vesting Period and by 30 June 2024;x for a total of 15% of the Shares at the end of the First Deferral Period;x for a total of 15% of the Shares at the end of the Second Deferral Period.
The proposed Plan provides for the free Grant of Shares of the Company following their Accrual: x for a total of 70% at the end of the Vesting Period, equal to three years (2021, 2022 and 2023);x for a total of 15% at the end of the First Deferral Period, equal to 12 months from the date of Grant of the first portion of Shares;x for a total of 15% at the end of the Second Deferral Period, equal to 24 months from the date of Grant of the first portion of Shares.
The Shares Granting shall take place after the Shareholders’ Meeting which will approve the Company Financial Statements and take note of the Consolidated Financial Statements as of 31st December 2025: • for a total of 70% of the Shares at the end of the Vesting Period and by 30th June 2026;• for a total of 15% of the Shares at the end of the First Deferral Period;• for a total of 15% of the Shares at the end of the Second Deferral Period.