Vesting Expiration Date definition

Vesting Expiration Date means the earlier of:
Vesting Expiration Date means the first annual anniversary of the closing date of the Company's first Acquisition after the Closing, and "Vesting Date" shall mean the date that is the last day of each calendar month prior to the month in which the Vesting Expiration Date occurs, or, if the Company undergoes a transaction to which subsection 1.3(b)(i) of this Agreement applies prior to the end of any such calendar month and prior to the Vesting Expiration Date, the day preceding the effective date of such transaction. Each Investor's right to purchase these additional shares of Common Stock shall expire one year after the Vesting Expiration Date (the "Expiration Date"). For purposes of this Agreement, "Acquisition" shall mean any business combination in which the Company issues or may issue shares of Common Stock for the consideration thereof, including, without limitation, a stock purchase, sale, merger, joint venture or otherwise and whether in one or more transactions for the purchase of an organization's equity, debt securities or assets, or by means of a merger, consolidation, reorganization, spin-off, joint venture, partnership, tender offer, exchange offer, purchase, lease, licensing arrangement, strategic alliance or any other transaction of a like nature, regardless of form. This right is exercisable with respect to any or all of the shares issuable pursuant to this Section 1.3, at the option of the Investor, at any time and from time to time at or prior to the Expiration Date, upon Investor giving notice of his or its intention to exercise such right and payment of an amount equal to the exercise price multiplied by the number of shares of Common Stock with respect to which this right is being exercised. Payment of the exercise price for the shares of Common Stock issuable pursuant to the rights granted in this Section 1.3 is being exercised shall be made, at the option of Investor, (X) by delivery of cash payable by wire transfer of immediately available funds, (Y) by cancellation by the Investor of indebtedness of the Company to Investor, or (Z) by any combination of items (X)-(Y). Any partial exercise of this right prior to the Expiration Date shall correspondingly reduce the number of shares issuable pursuant to this Section 1.3.

Examples of Vesting Expiration Date in a sentence

  • The option to purchase the Option Shares shall vest in the Optionee based on the gross revenue of the Corporation during the period of April 1, 1997 till the Vesting Expiration Date (as hereinafter defined) (the "Vesting Period").

  • For the avoidance of doubt, any portion of the Employee’s Options, RSUs and PSUs that were not vested as of the Vesting Expiration Date shall terminate and be forfeited as of the Vesting Expiration Date.

  • Any portion of the Option which has vested may be exercised; provided, however, no portion of the Option may be exercised ______ years after their respective date of vesting (“Vesting Expiration Date”) and any portion of the Option that has not been exercised on or prior to the Vesting Expiration Date shall be automatically forfeited and of no further effect without any action by the Company or the Committee (a “Vesting Expiration”).

  • All vested Options, RSUs and PSUs held by Employee as of the Vesting Expiration Date shall remain exercisable untilthe date that is 120 4 days after the Vesting Expiration Date (or if earlier, the original expiration date of such awards) (such date, the “A ward E xpiration Date”).

  • All vested Options, RSUs and PSUs held by Employee as of the Vesting Expiration Date shall remain exercisable until the date that is 120 days after the Vesting Expiration Date (or if earlier, the original expiration date of such awards) (such date, the “Award Expiration Date”).

  • Any portion of the Option which has vested may be exercised; provided, however, no portion of the Option may be exercised after the fifth anniversary of its respective date of vesting (“Vesting Expiration Date”) and any portion of the Option that has not been exercised on or prior to the Vesting Expiration Date shall be automatically forfeited and of no further effect without any action by the Company or the Board (a “Vesting Expiration”).

  • Each Investor's right to purchase these additional shares of Common Stock shall expire one year after the Vesting Expiration Date (the "Expiration Date").

  • Upon the Vesting Expiration Date, you hereby agree to sell, and the Company hereby agrees to repurchase any of the Initial Purchased Shares that are unvested and subject to repurchase as of such date at a price per share of $11.86 and following any such repurchase you hereby acknowledge and agree that you shall have no further interest in or rights to any shares repurchased.

  • Without limiting the foregoing, if the Vesting Expiration Date is the Resignation Date, then 2,100 of the Initial Purchased Shares will be subject to repurchase and the Company will repurchase such shares for an aggregate amount of Twenty-Four Thousand Nine Hundred Six Dollars and no cents ($24,906.00).

  • Except as otherwise provided in this Agreement, any portion of the Option which has vested may be exercised; provided, however, no portion of the Option may be exercised ten years after their respective date of vesting (“Vesting Expiration Date”) and any portion of the Option that has not been exercised on or prior to the Vesting Expiration Date shall be automatically forfeited and of no further effect without any action by the Company or the Committee (a “Vesting Expiration”).

Related to Vesting Expiration Date

  • L/C Expiration Date means the day that is thirty days prior to the Maturity Date then in effect (or, if such day is not a Business Day, the next preceding Business Day).

  • Option Expiration Date means the last day of the maximum term of an Option.

  • Initial Expiration Date is defined in Section 1.1(c) of the Agreement.

  • Stated Expiration Date has the meaning specified in Section 3.05(d).

  • Term Expiration Date means the earlier of (i) the date that is thirty (30) years after the Term Commencement Date; provided that if such date occurs within an NFL Season or within thirty (30) days following an NFL Season, such date shall be automatically extended to the date that is thirty (30) days following the end of such NFL Season, as applicable, or (ii) the date on which the Stadium Lease is terminated pursuant to the express rights and terms of the Stadium Lease.

  • Warrant Expiration Date means 5:00 P.M. (New York time) on __________, 2001 or the Redemption Date as defined in Section 8, whichever is earlier; provided that if such date shall in the State of New York be a holiday or a day on which banks are authorized or required to close, then 5:00 P.M. (New York time) on the next following day which in the State of New York is not a holiday or a day on which banks are authorized or required to close. Upon notice to all warrantholders the Company shall have the right to extend the warrant expiration date.

  • Final Expiration Date shall have the meaning set forth in Section 7(a) hereof.

  • Scheduled Expiration Date is defined in Schedule 1 to the Lease.

  • Cure Expiration Date has the meaning set forth in Section 8.04(a).

  • Offer Expiration Date has the meaning set forth in the definition of “Offer to Purchase.”

  • Release Expiration Date means the date that is twenty-one (21) days following the date upon which the Company timely delivers to Executive the Release (which shall occur no later than seven (7) days after the Date of Termination), or in the event that such termination of employment is “in connection with an exit incentive or other employment termination program” (as such phrase is defined in the Age Discrimination in Employment Act of 1967, as amended), the date that is forty-five (45) days following such delivery date.

  • Lease Expiration Date means the later of (i) the date of the final payment in full of the French Advances and (ii) the Vehicle Lease Expiration Date for the last Lease Vehicle leased by the Lessee hereunder. The “Term” of this Agreement shall mean the period commencing on the Lease Commencement Date and ending on the Lease Expiration Date.

  • Extended Termination Date has the meaning specified in Section 2.16(c).

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

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

  • Initial Optional Termination Date The first Distribution Date on which the aggregate Stated Principal Balance of the Mortgage Loans is equal to or less than 10% of the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date.

  • Non-Call Period has the meaning set forth under the definition of “Specific Redemption Provisions.”

  • Expiration Date shall have the meaning set forth in Section 7(a) hereof.

  • Restriction Termination Date means the first day on which the Board of Directors of the Corporation determines that it is no longer in the best interests of the Corporation to attempt to, or continue to, qualify as a REIT.

  • Initial Termination Date has the meaning set forth in Section 9.1(b)(i).

  • Optional Termination Date Any Distribution Date on or after which the Stated Principal Balance (after giving effect to distributions to be made on such Distribution Date) of the Mortgage Loans is less than 10.00% of the Cut-off Date Balance.

  • Commitment Expiration Date means the date on which IHCDA’s commitment under the Program expires.

  • Accretion Termination Date As defined in the Series Supplement.

  • Stated Termination Date means, with respect to the Revolving Credit Facility, March 4, 2027 and, with respect to any Extended Revolving Credit Facility, the maturity date set forth in the Extension Agreement related thereto.

  • Series Termination Date means, with respect to any Series of Certificates, the date stated in the related Supplement.

  • Vesting Commencement Date means the Grant Date or such other date selected by the Committee as the date from which an Award begins to vest.