Vesting Measurement Date definition

Vesting Measurement Date means the date set forth on Annex I as the Vesting Measurement Date.
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Vesting Measurement Date means the third (3rd) anniversary of the Grant Date.
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Vesting Measurement Date means the third (3rd) anniversary of the Grant Date. Vesting Conditions: The Award shall vest on the Vesting Measurement Date in the increments set forth below under “Performance Conditions” if (1) one or more of the Performance Conditions (as defined below) are met on or prior to the Vesting Measurement Date and (2) you remain continuously employed by the Company through the Vesting Measurement Date. To be deemed satisfied, all Performance Conditions and Vesting Conditions must be certified as completed by the Board or the Compensation Committee in their sole discretion. Performance Conditions: On the Vesting Measurement Date, the following percentages of the Award will vest if the following performance conditions (each a “Performance Condition”) have been met:
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Examples of Vesting Measurement Date in a sentence

  • Accordingly, upon the expiration of the initial 12 month period measured from the Vesting Measurement Date, the Founder shall have acquired a vested interest in, and the Repurchase Right shall have lapsed with respect to, 25% of the Purchased Shares.

  • Accordingly, upon the expiration of 48 months after the Vesting Measurement Date, the Founder shall have acquired a vested interest in, and the Repurchase Right shall have lapsed with respect to all of the Purchased Shares.

  • Vesting will be measured from ___________ (the "Vesting Measurement Date").

  • If the Company achieves the Equity Value Target five years following the Vesting Measurement Date, 100% of the Option will vest on the date the Company achieves the Equity Value Target so long as you have remained employed with the Company or an Affiliate through the date the Company achieves the Equity Value Target.

  • By: Title: Name of Participant _______________________ Date of Grant _______________________ Vesting Measurement Date _______________________ Vesting Schedule By: Title: PARTICIPANT: COMPANY: ViSalus, Inc.

  • The Administrator's determination to permit exercise of the unvested portion of this Option shall be evidenced by the Company's and the Optionee's mutual execution and delivery of a Restricted Stock Purchase Agreement in form and substance determined by the Administrator, having the same or a different Vesting Measurement Date and vesting schedule, as the Administrator and the Optionee may agree.

  • These options will vest as follows: Sixteen and 6/10 percent (16.6%) of the shares granted shall vest on the date six (6) months from March 24, 2003 (the "Vesting Measurement Date"); thereafter, Two and 78/100 percent (2.78%) of the shares granted shall vest at the conclusion of each month, such that One Hundred Percent (100%) of shares granted are vested on the date three (3) years from the Vesting Measurement Date.

  • The Administrator’s determination to permit exercise of the unvested portion of this Option shall be evidenced by the Company’s and the Optionee’s mutual execution and delivery of a Restricted Stock Purchase Agreement in form and substance determined by the Administrator, having the same or a different Vesting Measurement Date and vesting schedule, as the Administrator and the Optionee may agree.

  • This Option shall become vested and may be exercised, in whole or in part, in four equal annual installments on each of the first four anniversaries of the Vesting Measurement Date, subject to (1) your continued employment with the Company or an Affiliate through the applicable vesting date and (2) Section 10(b) of the Plan.

  • If a Change in Control occurs prior to the sixth anniversary of the Vesting Measurement Date, and no Performance Condition has been achieved as of or prior to the Change in Control, the Option shall not be exercisable and shall terminate as of the consummation of such Change in Control without any payment therefor.

Related to Vesting Measurement Date

  • Performance Measurement Period has the meaning set forth in Section 3.1(e)(ii).

  • Measurement Date has the meaning set forth in Section 3.3(a).

  • Equity Conditions Measuring Period means each day during the period beginning twenty (20) Trading Days prior to the applicable date of determination and ending on and including the applicable date of determination.

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

  • Performance Date means December 31, 2022. If the Locality, in consultation with the Authority and VEDP, deems that good faith and reasonable efforts have been made and are being made by the Company to achieve the Targets, the Locality may, prior to the then-current Performance Date, request an extension of the Performance Date by up to 15 months. Any extension of the Performance Date shall require the prior approval of the Board of Directors of VEDP (the “Board”). If the Performance Date is extended, the Locality shall send written notice of the extension to the Authority, the Company and VEDP and the date to which the Performance Date has been extended shall be the “Performance Date” for the purposes of this Agreement.

  • Performance Measure means one or more of the following selected by the Committee to measure Company, Affiliate, and/or business unit performance for a Performance Period, whether in absolute or relative terms (including, without limitation, terms relative to a peer group or index): basic, diluted, or adjusted earnings per share; sales or revenue; earnings before interest, taxes, and other adjustments (in total or on a per share basis); basic or adjusted net income; returns on equity, assets, capital, revenue or similar measure; economic value added; working capital; total shareholder return; and product development, product market share, research, licensing, litigation, human resources, information services, mergers, acquisitions, sales of assets of Affiliates or business units. Each such measure shall be, to the extent applicable, determined in accordance with generally accepted accounting principles as consistently applied by the Company (or such other standard applied by the Committee) and, if so determined by the Committee, and in the case of a Performance Compensation Award, to the extent permitted under Code Section 162(m), adjusted to omit the effects of extraordinary items, gain or loss on the disposal of a business segment, unusual or infrequently occurring events and transactions and cumulative effects of changes in accounting principles. Performance Measures may vary from Performance Period to Performance Period and from Participant to Participant, and may be established on a stand-alone basis, in tandem or in the alternative.

  • Vesting Dates means, as determined by the Board or by the Committee, the date as of which the Optionee shall be entitled to exercise the Options or part of the Options, as set forth in section 11 of the ISOP.

  • Performance Milestone means an act or event specified in section 5.1 and described in section 9 of the EPLA.

  • Performance Measures means measures as described in Article 12 on which the performance goals are based and which are approved by the Company’s shareholders pursuant to this Plan in order to qualify Awards as Performance-Based Compensation.

  • Daily Measurement Value means the Specified Dollar Amount (if any), divided by 40.

  • Fully Diluted Weighted Average Basis means, when calculating the number of Outstanding Units for any period, a basis that includes (a) the weighted average number of Outstanding Units during such period plus (b) all Partnership Interests and Derivative Partnership Interests (i) that are convertible into or exercisable or exchangeable for Units or for which Units are issuable, in each case that are senior to or pari passu with the Subordinated Units, (ii) whose conversion, exercise or exchange price, if any, is less than the Current Market Price on the date of such calculation, (iii) that may be converted into or exercised or exchanged for such Units prior to or during the Quarter immediately following the end of the period for which the calculation is being made without the satisfaction of any contingency beyond the control of the holder other than the payment of consideration and the compliance with administrative mechanics applicable to such conversion, exercise or exchange and (iv) that were not converted into or exercised or exchanged for such Units during the period for which the calculation is being made; provided, however, that for purposes of determining the number of Outstanding Units on a Fully Diluted Weighted Average Basis when calculating whether the Subordination Period has ended or Subordinated Units are entitled to convert into Common Units pursuant to Section 5.7, such Partnership Interests and Derivative Partnership Interests shall be deemed to have been Outstanding Units only for the four Quarters that comprise the last four Quarters of the measurement period; provided, further, that if consideration will be paid to any Group Member in connection with such conversion, exercise or exchange, the number of Units to be included in such calculation shall be that number equal to the difference between (x) the number of Units issuable upon such conversion, exercise or exchange and (y) the number of Units that such consideration would purchase at the Current Market Price.

  • Share Valuefinal means the Preference Share Value on the Valuation Date; and "Share Valueinitial" means the Preference Share Value on the Initial Valuation Date.

  • SPS AER Value means the Underlying Reference Value.

  • Performance Period means the one or more periods of time, which may be of varying and overlapping durations, as the Committee may select, over which the attainment of one or more Performance Goals will be measured for the purpose of determining a Participant’s right to, and the payment of, a Performance-Based Award.

  • 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.

  • Earnings Per Share means as to any Fiscal Year, the Company’s or a business unit’s Net Income, divided by a weighted average number of common shares outstanding and dilutive common equivalent shares deemed outstanding, determined in accordance with generally accepted accounting principles.

  • Applicable Measurement Period means the most recently completed four consecutive fiscal quarters of the Issuer immediately preceding the Applicable Calculation Date for which internal financial statements are available.

  • Vesting Event means the earliest to occur of the following events:

  • Performance Cycle means one or more periods of time, which may be of varying and overlapping durations, as the Administrator may select, over which the attainment of one or more Performance Criteria will be measured for the purpose of determining a grantee’s right to and the payment of a Restricted Stock Award, Restricted Stock Units, Performance Share Award or Cash-Based Award, the vesting and/or payment of which is subject to the attainment of one or more Performance Goals. Each such period shall not be less than 12 months.

  • EBITDA Target means the Company's projected earnings before interest, taxes, one-time transition expenses, non-cash compensation expense charges, depreciation and amortization, as contained in the Company's budget for the Applicable Period and which is approved by the Board (without reference to any adjustments or revision, upwards or downwards, to such projected earnings which are subsequently approved by the Board as part of any subsequent revision to such budget), and (ii) the term "Financial Results" shall mean the Company's EBITDA calculated by reference to the Company's financial statements for the Applicable Period as filed with the Securities and Exchange Commission (the "SEC").

  • Award Period means the period beginning on an Award Date and ending on the expiration date of such Award.

  • Measurement means metered volumes at a custody transfer meter through a turbine, Coriolis, or such other meter.

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

  • Performance Goal means a performance goal established by the Committee pursuant to Section 10.3.

  • Performance Year means the calendar year prior to the year in which an Annual Award is made by the Committee.

  • Performance Target means the level of performance expected of the HSP in respect of a Performance Indicator or a Service Volume; “person or entity” includes any individual and any corporation, partnership, firm, joint venture or other single or collective form of organization under which business may be conducted;