Subsequent Vesting Date definition

Subsequent Vesting Date means December 31, 2016. The performance criteria applicable to the units subject to performance-based vesting are as follows:
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Subsequent Vesting Date is defined in Section 2(a).
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Subsequent Vesting Date means a vesting date occurring after the Initial Vesting Date.
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Examples of Subsequent Vesting Date in a sentence

  • If at any time prior to the last Subsequent Vesting Date, the Termination Event occurs, then any remaining unpaid Cancellation Payment Amounts shall be deemed vested and payable by the Company to Employee no sooner than the First Payment Date and no later than thirty (30) days following the date of the Termination Event.

  • Payment shall be made on such date or dates following the occurrence of the Initial Vesting Date or Subsequent Vesting Date, as applicable, as are determined by the Committee in its discretion, but in no event will settlement and payment of any portion of the RSUs be made later than March 15 following the calendar year of the Initial Vesting Date or Subsequent Vesting Date applicable to such portion of the RSUs (each, a “Settlement Date”).

  • The remaining 75% of the Shares shall vest in equal 25% increments on each anniversary of the Initial Vesting Date (each, a “Subsequent Vesting Date”) as long as the Participant is employed by the Company on each such Subsequent Vesting Date.

  • Any units subject to performance-based vesting that have not vested as of the last Subsequent Vesting Date shall be forfeited.

  • The occurrence of the Initial Vesting Event prior to the Expiration Date is intended to be a “substantial risk of forfeiture,” within the meaning of Section 409A, and the settlements related to the Initial Vesting Date and any Subsequent Vesting Date are each intended to be an exempt “short-term deferral,” within the meaning of Section 409A and the Company intends that its initial tax position on its tax return will be consistent with this intent absent a change in legal guidance or other circumstance.

  • In the event of the death of a Participant who has attained an Initial Vesting Date or Subsequent Vesting Date and has received a PRP benefit, the death benefit payable by the Deferred Compensation PRP is calculated using the same methodology as used by the RS Plan to determine the amount of a death benefit payable from the RS Plan.

  • Participant acknowledges that the vesting of the RSUs pursuant to this Agreement is conditioned on Participant’s continuous employment or consulting service to the Company or its Affiliates through the Initial Vesting Date or a Subsequent Vesting Date, as applicable.

  • Subject to acceleration as set forth in the Agreement, the units shall vest on January 17, 2014, if employment continues through such date and the performance-based vesting criteria set forth below are satisfied on such date, or, if the units do not vest on January 17, 2014, on the first Subsequent Vesting Date on which the performance-based vesting criteria set forth below are satisfied, provided that employment continues through such date.

  • If vested, each Subsequent Installment will be paid to you in cash as soon as practicable, but no more than five (5) days following the applicable Subsequent Vesting Date.

  • For purposes of this Notice, the “First Vesting Date” means the May 20 or November 20 on or next following the first anniversary of the Vesting Commencement Date; a “Subsequent Vesting Date” means any of the three anniversaries of the First Vesting Date next succeeding the First Vesting Date; and “Vesting Date” generally refers to either the First Vesting Date or a Subsequent Vesting Date.


More Definitions of Subsequent Vesting Date

Subsequent Vesting Date has the meaning set forth in Section 8.1(c).
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Subsequent Vesting Date means, with respect to a Participant who remains an employee of the Cooperative on such date, (i) with respect to the EBR Benefit accrued on such date, the Vesting Date identified by the Board in the Addendum as the Subsequent Vesting Date and (ii) with respect to subsequently-accrued EBR Benefits as to which no new Subsequent Vesting Date has been validly elected, the last day of the Plan Year in which such EBR Benefit accrues.
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Subsequent Vesting Date means, with respect to a Participant who is in continuous Service as of the Initial Vesting Date, each vesting date that occurs pursuant to the Time-Based Requirement following the Initial Vesting Date.
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Related to Subsequent Vesting Date

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

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

  • 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.

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

  • Non-Vested Shares means any portion of the Restricted Stock subject to this Agreement that has not become vested pursuant to this Section 2.

  • Initial Optional Termination Date The first Distribution Date on which the aggregate Stated Principal Balance of the Mortgage Loans is equal to or less than 10% of the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date.

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

  • Measurement Date has the meaning set forth in Section 3.3(a).

  • 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.

  • Exit Date means the date on which the insurance cover of the Scheme Member ceases due to occurrence of any of the following events:

  • Deferred Retirement Date means, in the case of any Participant who continues in employment after his Normal Retirement Date, the first day of any month following his actual retirement.

  • Change of Control Conversion Date shall have the meaning provided in the Articles Supplementary.

  • Performance Date means December 31, 2022. If the Locality, in consultation with the Authority and VEDP, deems that good faith and reasonable efforts have been made and are being made by the Company to achieve the Targets, the Locality may, prior to the then-current Performance Date, request an extension of the Performance Date by up to 15 months. Any extension of the Performance Date shall require the prior approval of the Board of Directors of VEDP (the “Board”). If the Performance Date is extended, the Locality shall send written notice of the extension to the Authority, the Company and VEDP and the date to which the Performance Date has been extended shall be the “Performance Date” for the purposes of this Agreement.

  • 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.

  • True-Up Date means the date which is forty-five (45) days after the latest to occur of the Termination Date of this Agreement, the Termination Date of the Commercial Agreement or disposition of all Assets pursuant to this Agreement or the Commercial Agreement.

  • Postponed Retirement Date means the first day of the month coincident with or next following a Participant’s date of actual retirement which occurs after his Normal Retirement Date.

  • Ending Date means the calendar date specified in the Notice of Intent as the date upon which lead - based paint abatement activities are completed.

  • Purchase Termination Date means the date upon which the Transferor shall cease, for any reason whatsoever, to make purchases of Receivables from the Seller under the Receivables Purchase Agreement or the Receivables Purchase Agreement shall terminate for any reason whatsoever.

  • 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.

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

  • Early Preference Share Valuation Date means the date specified as such in the relevant Early Preference Share Redemption Notice which shall fall not less than one day and not more than 180 days following the day such Early Preference Share Redemption Notice is given. The Early Preference Share Redemption Notice may provide that such date is subject to adjustment in accordance with certain disruption or adjustment events, as determined by the Calculation Agent.

  • Subsequent Distribution Date means the last Business Day of the month following the end of each calendar quarter after the Effective Date; provided, however, that if the Effective Date is within thirty (30) days of the end of a calendar quarter, then the first Subsequent Distribution Date will be the last Business Day of the month following the end of the first (1st) calendar quarter after the calendar quarter in which the Effective Date falls.

  • Optional Termination Date Any Distribution Date on or after which the Stated Principal Balance (after giving effect to distributions to be made on such Distribution Date) of the Mortgage Loans is less than 10.00% of the Cut-off Date Balance.

  • First Anniversary means the first anniversary of the Closing Date.

  • Applicable Anniversary of the Commencement Date means the fifth (5th) anniversary of the Commencement Date.

  • Option Date means, with respect to any Stock Option, the date on which the Stock Option is awarded under the Plan.