The Vesting Deed means the said Vesting Deed of even date herewith
Vesting Date has the meaning set forth in Section 3.10(c)(ii).
Vesting mean that the Units have become non-forfeitable. If Employee has a Termination of Employment prior to the Stated Vesting Date and the Units are not otherwise deemed vested by that date, the Units will be immediately forfeited except as otherwise provided in Section 4 of the Terms and Conditions.
RSUs means restricted stock units.
Restricted Shares shall have the respective meanings set forth in Section 2.14.
Vesting Period means the period of time specified by the Committee during which vesting restrictions for an Award are applicable.
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 and (B) subsequent to the Business Combination, (x) if the closing 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.
Restricted Share Unit means the right granted to a Participant pursuant to Article 7 to receive a Share at a future date.