Vested MSUs definition

Vested MSUs means the portion of the MSUs subject to this Agreement that become vested on the applicable Vesting Date or otherwise, as set forth in Section 4 below.
Sample 1Sample 2Sample 3

Examples of Vested MSUs in a sentence

  • Effective as of and contingent upon the consummation of a Change in Control, the Non-Vested MSUs shall become immediately Vested MSUs and will be payable to the Grantee in accordance with Section 5 hereof, except to the extent that a Replacement Award is provided to the Grantee to continue, replace or assume the Non-Vested MSUs covered by this Agreement.

  • The egs_chamber user code is similar to the old cav- ity(18) user code, but it implements three new variance reduction techniques: photon cross-section enhancement (XCSE), intermediate phase-space storage (IPSS), and correlated sampling (CS) (which is the most powerful).

  • Subject to the terms of the Plan and except as otherwise determined by the Committee in its sole discretion, any MSUs that are not Vested MSUs, and that do not become Vested MSUs pursuant to this Section 4, shall be forfeited immediately upon the termination of the Grantee’s continuous employment without any payment to the Grantee.

  • In the event that while the Grantee is continuously employed by the Company or a Subsidiary, a Change in Control occurs prior to the last day of a Performance Period, the Change in Control MSUs shall become immediately Vested MSUs as of the effective date of the Change in Control, and all such Performance Periods shall be deemed completed.

  • Shares issued in settlement of Vested MSUs shall not be subject to any restriction on transfer other than any such restriction as may be required pursuant to Section 14.

  • Conversion and Settlement of Vested MSUs: As soon as practicable following the Vesting Date set forth in Section 1(a) and the Committee’s certification of the results of the Conversion Formula pursuant to Section 1(b), but in no event later than March 15th of the calendar year following the calendar year that contains the Vesting Date, the MSUs that vest pursuant to the Vesting Schedule shall be converted into whole shares of Forestar common stock and distributed to Participant.

  • As a result of these efforts, the $500,000 (net) savings target was achieved.

  • After giving effect to the preceding sentence, any Non-Vested MSUs with respect to each Tranche shall remain outstanding and will vest and become Vested MSUs thereafter on the applicable Vesting Date for such Tranche, subject to the Grantee’s continuous employment with the Company or a Subsidiary until each such date.

  • After giving effect to the preceding sentence and except as provided in Section 4(c) below, any Non-Vested MSUs with respect to each Tranche shall remain outstanding and will vest and become Vested MSUs thereafter on the applicable Vesting Date for such Tranche, subject to the Grantee’s continuous employment with the Company or a Subsidiary until each such date.

  • For each Tranche, the Company shall multiply the Payout Factor for such Tranche by the Target Number of MSUs subject to the Tranche, and the resulting number of MSUs shall vest in full and become Vested MSUs on the Vesting Date set forth below for that Tranche, in each case subject to the Grantee’s continuous employment with the Company or a Subsidiary until each such date.

Related to Vested MSUs

  • Vested LTIP Units has the meaning provided in Section 4.4(d) hereof.

  • Unvested LTIP Units has the meaning provided in Section 4.4(d) hereof.

  • Vested Shares means "Vested Shares" as defined in the Award Agreement.

  • Vested Units means those Units listed as vested Units in the books and records of the Partnership, as the same may be amended from time to time in accordance with this Agreement.

  • Vested Portion means, at any time, the portion of an Option which has become vested, as described in Section 3 of this Agreement.

  • Vested Company Option means each Company Option outstanding as of immediately prior to the Effective Time that is vested as of such time or will vest in connection with the consummation of the transactions contemplated hereby (whether at the Effective Time or otherwise).

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

  • Unvested Units means any Executive Units which are not Vested Units.

  • Unvested Company Option means any Company Option that is not a Vested Company Option.

  • 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.

  • 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.

  • Vested means the nonforfeitable portion of any account maintained on behalf of a Participant.

  • Vested Interest means a Participant’s nonforfeitable interest in his or her Account, determined in accordance with Article V.

  • Unvested Shares means "Unvested Shares" as defined in the Award Agreement.

  • Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.

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

  • Forfeited means the Insured’s financial Loss of any whole or prorated prepaid

  • Vested Option means any Option, which has already been vested according to the Vesting Dates.

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

  • Separates from Service or “Separation from Service” means the Participant’s termination of service as a non‑employee director and as an employee of UGI for any reason other than death and shall be determined in accordance with section 409A of the Code.

  • Designated Retirement Account means any retirement plan or account described or qualified under the Internal Revenue Code of 1986, as amended, or a subaccount thereof.

  • Unvested Option means an Option in respect of which the relevant Vesting Conditions have not been satisfied and as such, the Option Grantee has not become eligible to exercise the Option.

  • Disability Retirement Date means the first day of the month following the last day of paid employment;

  • Accrued Benefit means the amount standing in a Participant's Account(s) as of any date derived from both Employer contributions and Employee contributions, if any.

  • Individual retirement account means a trust, custodial arrangement, or annuity under Section 408(a) or (b), Internal Revenue Code of 1954 (26 U.S.C. Section 408 (1986)).

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