Vesting Conditions definition

Vesting Conditions means those conditions established in accordance with Section 8.4 or Section 10.2 of the Plan prior to the satisfaction of which shares subject to a Restricted Stock Award or Restricted Stock Unit Award, respectively, remain subject to forfeiture or a repurchase option in favor of the Company upon the Participant’s termination of Service.

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Vesting Conditions mean those conditions established in accordance with Section 3 of this Agreement prior to the satisfaction of which shares subject to the Award remain subject to forfeiture or a repurchase option in favor of the Company.

Vesting Conditions. All of the PSUs are nonvested and forfeitable as of the Grant Date. In order for any PSUs to vest, each of two vesting conditions must be satisfied: (i) the Service Vesting Condition, and (ii) the Performance Vesting Condition.

Examples of Vesting Conditions in a sentence

• The Award of RSUs represents the right to receive a number of Shares equal to the number of RSUs that vest pursuant to the Vesting Conditions.

• Without limiting the generality of the foregoing, prior to the expiration of the Vesting Conditions, the Award and Restricted Shares may not be assigned, alienated, pledged, attached, sold or otherwise transferred except as aforesaid, or encumbered.

• The Restricted Shares are not transferable by the Participant prior to the satisfaction of the Vesting Conditions except by will or the laws of descent and distribution.

• The Committee shall determine how many PSUs vest pursuant to the Vesting Conditions and such determination shall be final and conclusive.

• Upon the satisfaction of the Vesting Conditions as to particular shares of Restricted Shares, the restrictions on the applicable number of shares of Restricted Shares shall terminate and a stock certificate for such number of shares of Common Stock shall be delivered, free and clear of all such restrictions, to the Participant or, subject to Section 5, the Participant’s beneficiary or estate, as the case may be, subject to the provisions of Sections 7 and 8(e).

More Definitions of Vesting Conditions

Vesting Conditions means those conditions established in connection with Section 7.1 prior to the satisfaction of which shares subject to a Restricted Stock Grant remain subject to forfeiture or a repurchase option in favor of the Company.

Vesting Conditions means one or more conditions, including time or performance conditions, as determined by the Board in its discretion and notified to the Participant at the Time of Grant.

Vesting Conditions means any time based or any other requirement or condition (as specified in the Invitation Letter and determined by the Board in its discretion) which must be met prior to Options vesting and being capable of being exercised by a Participant; and

Vesting Conditions. The vesting conditions for this award are set forth in the Agreement, including Exhibit A.

Vesting Conditions means the conditions set forth in Section 4 hereof that must be satisfied for any or all of the Unvested Shares to become Vested Shares.

Vesting Conditions means in relation to all or some of the Shares which are the subject of an Option, as appropriate, the conditions applying to the Option Holder’s ability to exercise the Option in respect of those Shares (including where appropriate, for the avoidance of doubt, the passage of time) as set out in Rule 4.

Vesting Conditions mean those conditions of which the Award or shares subject to the Award remain subject to forfeiture or a repurchase option in favor of the Company exercisable for the Participant’s monetary purchase price, if any, for such shares upon the Participant’s termination of Service.