Second Vesting Period definition

Second Vesting Period means the period commencing on day immediately after the First Vesting Date and ending on the Second Vesting Date. 7
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Second Vesting Period means the period between the twelve (12) months after the end of the First Vesting Period.
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Examples of Second Vesting Period in a sentence

  • For the avoidance of doubt, any outstanding and unexercised option(s) at the end of the First Vesting Period shall be carried over to the Second Vesting Period and shall be exercisable during the Second Vesting Period.

  • Follow appropriate Service guidelines for issuance of lighting NOT- AMs. Air Force units should adhere to AFI 13-213, Airfield Management, table of allowances or other equipment technical manuals to determine whether partial lighting failures require an issued NOTAM.

  • Bolotnov, Coarse-Grid Computational Fluid Dynamic (CG-CFD) Error Prediction using Machine Learning.

  • Refer to the Cautionary Announcement on Adoption of the Discretionary Exercise Method for the Second Vesting Period of the Stock Options Granted under the 2019 Stock Option Incentive Plan (Announcement No.2021-069) for details.

  • On July 2, 2021, the 2nd meeting of the 5th Board of Directors and the 2nd meeting of the 5th Board of Supervisors considered and approved the Proposal Regarding Satisfaction of the Vesting Conditions for the Second Vesting Period of the Stock Options Granted under the 2019 Stock Option Incentive Plan, pursuant to which, the grantees who have satisfied the vesting conditions may exercise the stock options vested in the second vesting period in their sole discretion from July 15, 2021 to April 21, 2022.

  • May 9, 2022, the 4th interim meeting of the seventh board of directors and the 4th interim meeting of the seventh board of supervisors deliberated and approved The Proposal on the Achievement of Unlocking Conditions of the Second Vesting Period for the 2020 Stock Incentive Plan.

  • In 2020 this line item included an amount of EUR 4,387 thousand to settle the Second Vesting Period (2016-2019) of the 2014 General Share Plan and Special Share Plan.

  • For the avoidance of doubt, any outstanding and unexercised option at the end of the First Vesting Period shall be carried over to the Second Vesting Period and shall be exercisable during the Second Vesting Period.

  • Any purchases by CCCM or its Affiliates of goods or services from the Company or its Affiliates for an aggregate purchase price in excess of $340,000,000 during the First Vesting Period (a “First Vesting Period Excess Purchase”) will be carried forward and credited to the Second Vesting Period as if such purchases occurred on the first day of the Second Vesting Period.

  • The Sessions reviewed and approved the “Proposal on Vesting Conditions in Second Vesting Period of Restricted Stock Incentive Program”, the “Proposal on Repurchase and Cancellation of Unvested Stock Acquired by Some Awardees and Adjustment on Repurchase Price”, and other proposals.

Related to Second Vesting Period

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

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

  • Forfeiture Period means the period from the Grant Date until the Forfeiture Date.

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

  • Grant Year has the same meaning as in subclause 1(1) of Schedule 1 of HESA; ‘HESA’ means the Higher Education Support Xxx 0000; ‘maximum basic grant amount’ or ‘MBGA’ has the same meaning as in subclause 1(1) of Schedule 1 of HESA.

  • Vesting Commencement Date means the Grant Date or such other date selected by the Committee as the date from which an Award begins to vest.

  • Retention Period means the minimum time that must pass after the creation, recording, or receipt of a record, or the fulfillment of certain actions associated with a record, before it is eligible for destruction.

  • Qualifying Period means 12 continuous Calendar Weeks during the whole or part of which the Agency Worker is supplied by one or more Temporary Work Agencies to the relevant Hirer to work temporarily for and under the supervision and direction of the relevant Hirer in the same role, and as further defined in the Schedule to these Terms;

  • Year of Vesting Service means a vesting computation period during which you complete 1,000 hours of service during the Plan Year.

  • 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.

  • 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.

  • Anniversary Year The one-year period beginning on the Closing Date and ending on the first anniversary thereof, and each subsequent one-year period beginning on the day after the end of the preceding Anniversary Year and ending on next succeeding anniversary of the Closing Date.

  • Restriction Termination Date means the first day on which the Board of Directors of the Corporation determines that it is no longer in the best interests of the Corporation to attempt to, or continue to, qualify as a REIT.

  • Minimum Hire Period means the Minimum Hire Period as described on the invoices, quotation, authority to hire, or any other forms as provided by the Supplier to the Client.

  • Post-Closing Period means any taxable period or portion thereof beginning after the Closing Date. If a taxable period begins on or before the Closing Date and ends after the Closing Date, then the portion of the taxable period that begins on the day following the Closing Date shall constitute a Post-Closing Period.

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

  • Testing Period means a single period consisting of the four consecutive fiscal quarters of the Borrower then last ended (whether or not such quarters are all within the same fiscal year), except that if a particular provision of this Agreement indicates that a Testing Period shall be of a different specified duration, such Testing Period shall consist of the particular fiscal quarter or quarters then last ended that are so indicated in such provision.

  • Start-up Period means up to 7 Academy Financial Years and covers the period up to and including the first Academy Financial Year in which all age groups are present at the Academy (that is, all the pupil cohorts relevant to the age range of the Academy will have some pupils present).

  • Severance Date means the date on which an Eligible Employee incurs a Severance.

  • Founder Shares Lock-up Period means, with respect to the Founder Shares, the period ending on the earlier of (A) one year after the completion of the Company’s initial Business Combination or (B) subsequent to the Business Combination, (x) if the last sale price of the Common Stock equals or exceeds $12.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after the Company’s initial Business Combination or (y) the date on which the Company completes a liquidation, merger, capital stock exchange, reorganization or other similar transaction that results in all of the Company’s stockholders having the right to exchange their shares of Common Stock for cash, securities or other property.

  • Payout Period means the time frame during which certain benefits payable hereunder shall be distributed. Payments shall be made in monthly installments commencing on the first day of the month following the occurrence of the event which triggers distribution and continuing for a period of one hundred eighty (180) months. Should the Executive make a Timely Election to receive a lump sum benefit payment, the Executive's Payout Period shall be deemed to be one (1) month.

  • Waiting Period shall have the meaning set forth in Section 2.2.

  • Vesting Year means a unit of Service credited to a Participant pursuant to Section 9.2 for purposes of determining his vested interest in his Account.

  • Rolling Period means, as of any date, the four Fiscal Quarters ending on or immediately preceding such date.

  • One year means 365 calendar days as required in federal regulations.