Vesting Day definition
Examples of Vesting Day in a sentence
The entire amount of any Deferred Bonus earned on or after the Third Vesting Day will be credited to the vested portion of the Deferral Account when earned, since the Deferral Account will be 100% vested on and after that date.
Accordingly, that day will be the First Vesting Day, and 1/3rd of the unvested balance of your Deferral Account will vest on that day.
Prior to the Relevant Vesting Day the Contractor shall have provided the Authority with a written 'measures' letter and, if required, any revised measures letter.
On or as soon as reasonably practicable after the Relevant Vesting Day, the Authority shall provide to the Contractor a copy of the Personnel Annex as at the Relevant Vesting Day.
As soon as is reasonably practicable following the provision of such updated copy, the Parties shall attach the Personnel Annex as at the Relevant Vesting Day to Appendix 1 of this Schedule 7 (TUPE, Employees and Pensions).