Vesting Schedule means the vesting schedule specified in the Grant Notice pursuant to which the Optionee is to vest in the Option Shares in a series of installments over his or her period of Service.
Vesting Schedule means, subject to the terms of the Plan, the vesting schedule attached to these Rules as Appendix A hereto or such other vesting schedule determined by the Board; and
Vesting Schedule. The Shares shall vest upon Participant’s completion of the three (3)-year period of Service measured from the Award Date. However, the Shares may be subject to accelerated vesting in accordance with the provisions of Paragraph 5 below. The Shares which vest hereunder shall be issued in accordance with the provisions of Paragraph 7 of this Agreement, subject to the Corporation’s collection of the applicable Withholding Taxes.
Examples of Vesting Schedule in a sentence
This Option shall be exercisable during its term in accordance with the Vesting Schedule set out in the Notice of Stock Option Grant and with the applicable provisions of the Plan and this Option Agreement.
Award Shares shall mean the Award Shares which have not become vested pursuant to the Vesting Schedule or otherwise.
For purposes of this Agreement, “Vesting Date” means any date, including the Scheduled Vesting Dates specified in the Vesting Schedule on the cover page of this Agreement, on which Units subject to this Agreement vest as provided in this Section 4.
If you remain a Service Provider continuously from the Grant Date specified on the cover page of this Agreement, then the Units will vest in the amounts and on the Scheduled Vesting Dates specified in the Vesting Schedule.
Except as provided in the Vesting Schedule (as defined below), until vested, the PSUs will be subject to forfeiture in the event of the termination of your employment or service with the Company and all of its Subsidiaries for any reason, whether such termination is occasioned by you, by the Company or any of its Subsidiaries, with or without cause or by mutual agreement (“Termination of Employment”).
More Definitions of Vesting Schedule
Vesting Schedule means the vesting schedule set forth in Section 4.
Vesting Schedule. [To be specified in individual agreements], subject to the acceleration provisions set forth in the Restricted Stock Agreement. By his or her signature below, Participant agrees to be bound by the terms and conditions of the Plan, the Restricted Stock Agreement and this Grant Notice. Participant has reviewed the Restricted Stock Agreement, the Plan and this Grant Notice in their entirety, has had an opportunity to obtain the advice of counsel prior to executing this Grant Notice and fully understands all provisions of this Grant Notice, the Restricted Stock Agreement and the Plan. Participant hereby agrees to accept as binding, conclusive and final all decisions or interpretations of the Administrator of the Plan upon any questions arising under the Plan, this Grant Notice or the Restricted Stock Agreement. Participant further agrees to notify the Company upon any change in the residence address indicated below. FARMER BROS. CO. PARTICIPANT By: By: Print Name: Print Name: Title: Address: 00000 Xxxxx Xxxxxxxxx XxxxxxXxxxxxxx, Xxxxxxxxxx 00000 Address: EXHIBIT A TO RESTRICTED STOCK AWARD GRANT NOTICE FARMER BROS. CO. RESTRICTED STOCK AWARD AGREEMENT Pursuant to the Restricted Stock Award Grant Notice (the “Grant Notice”) to which this Restricted Stock Award Agreement (this “Agreement”) is attached, Farmer Bros. Co., a Delaware corporation (the “Company”) has granted to Participant the number of shares of Restricted Stock under the 2007 Omnibus Plan, as amended from time to time (the “Plan”), as set forth in the Grant Notice.
Vesting Schedule means the requirement that all or a portion of an Award may not be released or exercised, as applicable, until a specified period of time shall have lapsed.
Vesting Schedule means the following schedule in which the Covered Shares vest: the Covered Shares shall vest over time, in sixteen (16) quarterly installments, each quarterly installment being as equal in number of shares as possible (as determined by the Company in its reasonable discretion), with the first quarterly installment vesting on January 1, 2009, and an additional quarterly installment vesting on the first day of each calendar quarter thereafter, until all of the Covered Shares are fully vested and the Option may be exercised as to 100% of the Covered Shares.
Vesting Schedule. The Restricted Shares shall vest on each vesting date set forth below: · [Vesting Schedule] Purchase Price per Share of Stock: $ . By your signature below, you agree to all of the terms and conditions described herein, in the attached Agreement and in the Plan, a copy of which is also attached. You acknowledge that you have carefully reviewed the Plan, and agree that the Plan will control in the event any provision of this cover sheet or Agreement should appear to be inconsistent. Grantee: Date: (Signature) Company: Date: (Signature) Title: Attachment This is not a stock certificate or a negotiable instrument. XXXXXX & DUNLOP, INC. 2010 EQUITY INCENTIVE PLAN RESTRICTED STOCK AGREEMENT Restricted Stock This Agreement evidences an award of shares of Stock in the number set forth on the cover sheet and subject to the vesting and other conditions set forth herein, in the Plan and on the cover sheet (the “Restricted Stock”). The purchase price is deemed paid by your prior Services to the Company. Transfer of Unvested Restricted Stock Unvested Restricted Stock may not be sold, assigned, transferred, pledged, hypothecated or otherwise encumbered, whether by operation of law or otherwise, nor may the Restricted Stock be made subject to execution, attachment or similar process. If you attempt to do any of these things, the Restricted Stock will immediately become forfeited. Issuance and Vesting The Company will issue your Restricted Stock in the name set forth on the cover sheet. Your rights under this Restricted Stock grant and this Agreement shall vest in accordance with the vesting schedule set forth on the cover sheet so long as you continue in Service on the vesting dates set forth on the cover sheet. Notwithstanding your vesting schedule, the Restricted Stock will become 100% vested upon your termination of Service due to your death or Disability. [Change in Control Notwithstanding the vesting schedule set forth above, upon the consummation of a Change in Control, the Restricted Stock will become 100% vested.]
Vesting Schedule means the vesting schedule specified in Section 6(c), pursuant to which the Restricted Shares are to vest in a series of installments over Participant's period of Service.