Vested Portion definition

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

Vested Portion of the Option shall mean one hundred percent (100%) of the total number of shares of Common Stock set forth in paragraph 1 hereof.

Vested Portion has the meaning ascribed thereto in Section 3(b) of this Agreement.

Examples of Vested Portion in a sentence

• The Vested Portion of the Option, if any, shall remain exercisable for the period set forth in Section 4(a) hereof.

• Shares shall be delivered (provided, that such delivery is otherwise in accordance with federal and state securities laws) with respect to the Vested Portion of the Restricted Share Unit Award as soon as practicable following the applicable vesting date, but in no event later than March 15 of the calendar year following the year of vesting.

• Any portion of the Vested Portion of the Option that, following the Optionee’s Termination, is not exercised prior to the expiration of the Post-Termination Exercise Period shall terminate at the end of the Post-Termination Exercise Period.

• Completed Years of Service Vested Portion of Company Contributions Less than nil If you leave the service of the Company after attaining your 45th birthday and completing years of service, provincial pension laws require that you receive a pension at retirement which can be provided by the accumulation of your contri- butions and the contributions of the paid on your behalf.

• If the Optionee Terminates, (a) the Option, other than the Vested Portion of the Option, shall terminate and be of no further force and effect as of and following the close of business on the date of such Termination, and (b) the Vested Portion of the Option shall be exercisable by the Optionee during the “Post-Termination Exercise Period” (as defined below), but in no event after the expiration of the Term.

More Definitions of Vested Portion

Vested Portion means the portion of the Accounts in which the Member has a nonforfeitable interest as provided in Article 6 or, if applicable, Section 13.05.

Vested Portion means the portion of the Accounts in which the Participant has a nonforfeitable interest as provided in Article 6.

Vested Portion means, at any time, the portion of the Option which has become and remains vested in accordance with the Grant Notice and this Agreement.

Vested Portion means, at any time, the portion of the SSARs which have become vested, as described in Section 3 of this Agreement.

Vested Portion of the Option means that portion which: (i) shall have become exercisable pursuant to the terms of this Agreement; (ii) shall not have been previously exercised; and (iii) shall not have expired, been forfeited or otherwise canceled in accordance with the terms hereof or the Plan. For purposes of this Agreement, the term “Non-Vested Portion” of the Option means that portion of the Option that is not vested or exercisable and which has not otherwise expired, been forfeited or canceled in accordance with the terms hereof or the Plan.

Vested Portion shall be determined by multiplying the number of shares of Common Stock awarded as Restricted Stock to the Grantee by the applicable vesting percentage contained in Section 4 below.

Vested Portion means that number of Shares covered by a Converted Option in respect of which the Converted Option may be exercised at any given time, as determined in paragraph 7 below; and