Vesting definition

Vesting means the process by which the Grantee becomes entitled to receive the benefit of a grant made to him under the Scheme.

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.

Vesting means the process by which the Participant is given the right to apply for Shares of the Company against the Option granted to him in pursuance of the Plan.

Examples of Vesting in a sentence

Except as otherwise provided in Section 3 below, you shall become vested in the RSUs in accordance with the following schedule (the “Vesting Schedule”): one-third (1/3) of the RSU covered by this Award Agreement shall vest on each one (1) year anniversary of the Grant Date (the “Vesting Dates”) for the first three (3) anniversaries following the Grant Date and in accordance with the Plan, subject to your Continuous Service through each Vesting Date.
In the event of any merger, acquisition, disposition or other corporate event affecting the Company prior to the Vesting Dates, the Committee may make such adjustments to the Total Number of Shares subject to this Award Agreement pursuant to Section 12.2 of the Plan.
Vesting Conditions to Award Subject to the other terms and conditions of this Award Agreement and the Plan, you will be entitled to a payment in Shares with respect to your RSUs based on your Total Number of Shares set forth above and the vesting provisions contained herein.
Any RSU representing a fractional share of common stock shall accumulate and vest on the next following Vesting Date on which the aggregate of vested fractional shares represents a whole share of common stock.
Subject to Section 2 of this Award Agreement, promptly following the Vesting Dates the Company will issue to you the percentage of the Total Number of Shares indicated by the Vesting Schedule.

Vesting in relation to an Option, means an Option becoming exercisable and in relation to a Conditional Award, means a Participant becoming entitled to have the Shares transferred to him subject to the Plan.

Vesting means earning by the Option Grantee, of the right to Exercise the Options granted to him in pursuance of the ESOP 2022.

Vesting means the process by which the employee becomes entitled to receive the benefit of a grant made to him under any of the schemes;

Vesting in relation to Qualified Restricted Stock Units, means an Eligible Individual becoming entitled to have the Shares transferred to him subject to the Plan, and the terms “Vest” and “Vested” shall be construed accordingly.

Vesting. A Options: 1/3 of the total number of Equity Units subject to the Initial Grant shall vest ratably (25% a year) on each of the first through fourth anniversaries of the date of grant ("A Options"), provided the Executive is in the employ of the Company on each such date. If there is a Change in Control (as defined in Schedule D to the Employment Agreement) prior to the fourth anniversary of the date of grant, and the Executive is still in the employ of the Company, all unvested A Options shall vest.