Vesting of Restricted Stock Units Clause Example with 4 Variations from Business Contracts

This page contains Vesting of Restricted Stock Units clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Vesting of Restricted Stock Units. The restrictions and conditions of Paragraph 1 of this Agreement shall lapse on the Vesting Date or Dates specified in the following schedule so long as the Grantee remains in a Service Relationship with the Company or a Subsidiary on such Dates. If a series of Vesting Dates is specified, then the restrictions and conditions in Paragraph 1 shall lapse only with respect to the number of Restricted Stock Units specified as vested on such date. Incremental Number ofRestricted Stock Units Vested Ves...ting Date _____________ (___%) _____________ (___%) _____________ (___%) _____________ (___%) The Administrator may at any time accelerate the vesting schedule specified in this Paragraph 2. View More

Variations of a "Vesting of Restricted Stock Units" Clause from Business Contracts

Vesting of Restricted Stock Units. The restrictions and conditions of Paragraph 1 of this Agreement shall lapse on the Vesting Date or Dates specified in the following schedule as follows: ________________________ (each such date, a "Vesting Date"), so long as the Grantee remains in an employee or other service provider (including a Service Relationship with consultant) of the Company or a Subsidiary on such Dates. If a series of Vesting Dates is specified, then the restrictions and conditions in Paragraph 1 shall lapse only with... respect to the number of Restricted Stock Units specified as vested on such date. Incremental Number ofRestricted Stock Units Vested Vesting Date _____________ (___%) _____________ (___%) _____________ (___%) _____________ (___%) The Administrator may at any time accelerate the vesting schedule specified in this Paragraph 2. View More
Vesting of Restricted Stock Units. The restrictions and conditions of Paragraph 1 of this Agreement shall lapse on the Vesting Date or Dates specified in the following schedule so long as the Grantee remains in service as a Service Relationship with member of the Company or a Subsidiary Board on such Vesting Dates. If a series of Vesting Dates is specified, then the restrictions and conditions in Paragraph 1 shall lapse only with respect to the number of Restricted Stock Units specified as vested on such date. Incremental Number ...ofRestricted of Restricted Stock Units Vested Vesting Date _____________ (___%) (25%) _____________ (___%) (25%) _____________ (___%) (25%) _____________ (___%) (25%) Notwithstanding anything to the contrary herein or in the Plan, all outstanding Restricted Stock Units shall become fully vested upon a Sale Event. The Administrator may at any time accelerate the vesting schedule specified in this Paragraph 2. View More
Vesting of Restricted Stock Units. The restrictions and conditions of Paragraph 1 of this Agreement shall lapse on the Vesting Date or Dates specified in the following schedule as follows: _________________________________ (each such date, a "Vesting Date"), so long as the Grantee remains in continues to have a Service Relationship with the Company or a Subsidiary on such Vesting Dates. If a series of Vesting Dates is specified, then the restrictions and conditions in Paragraph 1 shall lapse only with respect to the number of Res...tricted Stock Units specified as vested on such date. Incremental Number ofRestricted Stock Units Vested Vesting Date _____________ (___%) _____________ (___%) _____________ (___%) _____________ (___%) The Administrator may at any time accelerate the vesting schedule specified in this Paragraph 2. View More
Vesting of Restricted Stock Units. The restrictions and conditions of Paragraph 1 of this Agreement shall lapse Restricted Stock Units will vest on the Vesting Date or Dates specified in the following schedule schedule, and in the amounts set forth on such schedule, so long as the Grantee remains in a Service Relationship with (as defined in the Company or a Subsidiary Plan) on such Dates. If a series of Vesting Dates is specified, then the restrictions and conditions in Paragraph 1 shall lapse only with respect to the number of ...Restricted Stock Units specified as vested on such date. Incremental Number ofRestricted Stock Units Vested Vesting Date _____________ (___%) _____________ (___%) _____________ (___%) _____________ _____________ (___%) The Administrator may at _____________ _____________ (___%) _____________ 3. Termination of Service Relationship. If the Grantee's Service Relationship terminates for any time accelerate reason (including death or disability) prior to the satisfaction of the vesting schedule specified conditions set forth in this Paragraph 2 above, any Restricted Stock Units that have not vested as of such date shall automatically and without notice terminate and be forfeited, and neither the Grantee nor any of Grantee's successors, heirs, assigns, or personal representatives will thereafter have any further rights or interests in such unvested Restricted Stock Units. View More