Service Vesting Date definition

Service Vesting Date means the first, second or third anniversary of the end of the Performance Period, as applicable.
Service Vesting Date means, with respect to any REU, the date set forth in the REU Grant Certificate as the “Service Vesting Date.”
Service Vesting Date means, with respect to any RSU, the date set forth in the RSU Grant Certificate as the “Service Vesting Date.”

Examples of Service Vesting Date in a sentence

  • If the Participant remains in continuous employment with the Company or its Subsidiaries until the Service Vesting Date, the Participant shall vest in his/her right to receive a number of Performance Share Units based on the performance matrix set forth in Schedule A.

  • If the Participant dies or incurs a PSU Disability while employed by the Company or its Subsidiaries prior to the Service Vesting Date, the Participant’s vested Performance Share Units shall be paid within thirty (30) days following the date of the Participant’s death or PSU Disability.

  • If the Participant dies or incurs a PSU Disability (as defined below) while employed by the Company or its Subsidiaries prior to the Service Vesting Date, the Participant shall vest in a number of Performance Share Units equal to the number of the Participant’s Target Number of Performance Share Units, provided that such Performance Share Units were not previously forfeited.

  • In the event that the Participant ceases to be employed by the Company or its Subsidiaries prior to the Service Vesting Date or, if earlier, the date of a PSU Change in Control for any reason other than death or Retirement, the Participant shall forfeit his/her right to all unvested and unpaid Performance Share Units.

  • At any time prior to the Service Vesting Date or until the Performance Units are paid in accordance with this Section 5, the Committee may, if it so elects, determine to pay part or all of the Performance Units in cash in lieu of issuing or transferring Shares.


More Definitions of Service Vesting Date

Service Vesting Date means the first, second or third anniversary of the Award Date, as applicable.
Service Vesting Date has the meaning set forth on the attached Long-Term Incentive Awards Summary Schedule.
Service Vesting Date means the first, second, third or fourth anniversary of the Performance Vesting Date, as applicable.
Service Vesting Date means the first, second or third anniversary of the end of the Performance Period,
Service Vesting Date means each of the dates specified in Paragraph 1(e)(iii) which define the period of time following the Date of Grant that the Participant must continuously remain an Employee of (or, if the Participant is not an Employee, that the Participant perform services for) the Company and/or its Subsidiaries to satisfy the Service Requirement necessary to vest in Restricted Shares.
Service Vesting Date means, with respect to any Unit, the date set forth in the Grant Certificate as the “Service Vesting Date.”
Service Vesting Date means the third anniversary of the Grant Date.