Vested Awards definition
Examples of Vested Awards in a sentence
Vested Awards, to the extent unexercised, shall expire one month after the termination of employment.
Vested Awards, to the extent unexercised, shall expire one year after the termination of employment.
Any CIC Vested Awards will be treated in accordance with Section 12(b) of the Plan.
At that time, the restrictions on the balance of such Restricted Awards (the "Vested Awards") shall lapse on the date of the Optionee's Retirement and such Vested Awards shall be distributed to Optionee.
Vested Awards, to the extent unexercised, shall expire 120 days after the termination of employment.
All remaining terms of the Non-Vested Awards and all terms of the Vested Awards shall remain in full force and effect, and all other terms and conditions of the Norfolk Southern Corporation Long-Term Incentive Plan and Norfolk Southern Corporation Restricted Stock Unit Plan (collectively, "Plans") shall remain in effect.
All Replacement Vested Awards will be subject to the terms and conditions specified in the award agreement with respect thereto and the 2020 Plan and any option granted pursuant to a Replacement Vested Award shall be an incentive stock option only to the maximum extent permitted under the Plan and under applicable law, including, without limitation, Section 422.
A schedule of the Vested Awards is set forth on the attached Exhibit A.
Vested Awards, to the extent unexercised, shall expire 120 days after termination of the employment.
Notwithstanding the foregoing, if the PSUs become CIC Vested Awards pursuant to Section 10.1(a) of the Plan, they will be settled in accordance with Section 10.1(a) of the Plan.