Vesting Schedule Clause Example with 59 Variations from Business Contracts

This page contains Vesting Schedule 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 Schedule. Except as provided in Section 3, the Option awarded by this Option Agreement will vest in accordance with the vesting provisions set forth in the Notice of Grant. Shares scheduled to vest on a certain date or upon the occurrence of a certain condition will not vest in Participant in accordance with any of the provisions of this Option Agreement, unless Participant will have been continuously a Service Provider from the Date of Grant until the date such vesting occurs.

Variations of a "Vesting Schedule" Clause from Business Contracts

Vesting Schedule. Except as provided in Section 3, and subject to Section 7, the Option SARs awarded by this Option Award Agreement will vest in accordance with the vesting provisions set forth in the Notice of Grant. No [cash will be paid]2 [Shares will be issued and no cash will be paid]3 to Participant before the SARs vest and are exercised. Shares scheduled to vest on a certain date date, or upon the occurrence of a certain condition condition, will not vest in Participant in accordance with any of the provis...ions of this Option Agreement, Award Agreement unless Participant will have been continuously a in Continuous Service Provider from the Grant Date of Grant until the date such vesting occurs. Notwithstanding the foregoing, the Committee shall have the sole and absolute discretion to determine when Participant is no longer providing Continuous Service for purposes of participation in the Plan and this award of SARs if other than a last day of employment or services. The termination of vesting will apply regardless of whether Participant is entitled to a period of notice of termination which would otherwise permit a greater portion of the SARs to vest. For greater certainty, the date on which Participant ceases to have been in Continuous Service shall be based upon the last day of actual Continuous Service to the Company or its Affiliate (and specifically does not include any period of notice that the Company or its Affiliate may be required to provide to Participant). View More
Vesting Schedule. Except as provided in Section 3, 4, and subject to Section 5, the Option Restricted Stock Units awarded by this Option Award Agreement will vest in accordance with the vesting provisions set forth in the Notice of Grant. Shares Restricted Stock Units scheduled to vest on a certain date date, or upon the occurrence of a certain condition condition, will not vest in Participant in accordance with any of the provisions of this Option Agreement, Award Agreement unless Participant will have been cont...inuously a in Continuous Service Provider from the Date of Grant until the date such vesting occurs. Notwithstanding the foregoing, the Administrator (or any delegate thereof) shall have the sole discretion to determine when Participant is no longer providing Continuous Service for purposes of participation in the Plan and this award of Restricted Stock Units. The termination of vesting will apply regardless of whether you are entitled to a period of notice of termination which would otherwise permit a greater portion of your Restricted Stock Units to vest. For greater certainty, the date on which you cease to have been in Continuous Service shall be based upon the last day of actual Continuous Service to the Company (and specifically does not include any period of notice that the Company may be required to provide to you). View More
Vesting Schedule. Except as provided in Section 3, 4, and subject to Section 5, the Option Restricted Shares awarded by this Option Award Agreement will vest in accordance with the vesting provisions set forth in the Notice of Grant. Restricted Shares scheduled to vest on a certain date date, or upon the occurrence of a certain condition condition, will not vest in Participant in accordance with any of the provisions of this Option Agreement, Award Agreement unless Participant will have been continuously a in Con...tinuous Service Provider from the Grant Date of Grant until the date such vesting occurs. Notwithstanding the foregoing, the Committee shall have the sole and absolute discretion to determine when Participant is no longer providing Continuous Service for purposes of participation in the Plan and this award of Restricted Shares if other than a last day of employment or services. The termination of vesting will apply regardless of whether Participant is entitled to a period of notice of termination which would otherwise permit a greater portion of the Restricted Shares to vest. For greater certainty, the date on which Participant ceases to have been in Continuous Service shall be based upon the last day of actual Continuous Service to the Company or its Affiliate (and specifically does not include any period of notice that the Company or its Affiliate may be required to provide to Participant). View More
Vesting Schedule. Except as provided in Section 3, 4, and subject to Section 5, the Option Restricted Stock Units awarded by this Option Award Agreement will vest in accordance with the vesting provisions set forth in the Notice of Grant. Shares Unless specifically provided otherwise in this Award Agreement or other written agreement between Participant and the Company or any applicable Subsidiary of the Company governing the terms of this Award, Restricted Stock Units that are scheduled to vest on a certain date... or upon the occurrence of a certain condition will not vest in Participant in accordance with any of the provisions of this Option Award Agreement, unless Participant will have been continuously a Service Provider from the Date of Grant until through the date such applicable vesting occurs. date. The Administrator will have the exclusive discretion to determine when Participant no longer is providing services for purposes of determining Service Provider status under this Award of Restricted Stock Units (including without limitation whether Participant will be considered to be providing services while on a leave of absence). View More
Vesting Schedule. Except as provided in Section 3, 4, and subject to Section 5, the Option Restricted Stock Units awarded by this Option Award Agreement will vest in accordance with the vesting provisions set forth in the Notice of Grant. Shares Grant section of this Award Agreement. Restricted Stock Units scheduled to vest on a certain date or upon the occurrence of a certain condition will not vest in Participant Awardee in accordance with any of the provisions of this Option Agreement, unless Participant will ...have Award Agreement if Awardee has been continuously a Service Provider from the Date of Grant until Terminated prior to the date such vesting occurs. View More
Vesting Schedule. Except as provided in Section 3, 4 of this Agreement and Section 15 of the Option Plan, and subject to Section 5 of this Agreement, the Restricted Stock Units awarded by this Option Agreement will shall vest in accordance with the vesting provisions set forth in the Notice of Grant. Shares Restricted Stock Units scheduled to vest on a certain date or upon the occurrence of a certain condition will not shall vest in Participant in accordance with any of the provisions of this Option Agreement, un...less Agreement only if Participant will have been continuously a Service Provider is an Employee from the Date of Grant until the date such vesting occurs. View More
Vesting Schedule. Except as provided in Section 3, 4, and subject to any acceleration provisions contained in the Option Plan or set forth in this Agreement, and subject to Section 5, the Restricted Stock Units awarded by this Option Agreement will vest in accordance with the vesting provisions set forth in the Notice of Grant. Shares Restricted Stock Units scheduled to vest on a certain date or upon the occurrence of a certain condition will not vest in Participant in accordance with any of the provisions of thi...s Option Agreement, unless Participant will have been continuously a Service Provider from the Date of Award Grant until the date such vesting occurs. In the event Participant ceases to be a Service Provider for any or no reason before Participant vests in the Restricted Stock Units, the Restricted Stock Units and Participant's right to acquire any Shares hereunder will immediately terminate. View More
Vesting Schedule. Except as provided in Section 3, 4, and subject to Section 5, the Option Restricted Stock Units awarded by this Option Award Agreement will vest in accordance with the vesting provisions set forth in the Notice of Grant. Shares Restricted Stock Units scheduled to vest on a certain date or upon the occurrence of a certain condition will not vest in Participant in accordance with any of the provisions of this Option Agreement, Award Agreement unless Participant will have been continuously a in Con...tinuous Service Provider from the Date of Grant until the date such vesting occurs. Notwithstanding the foregoing, the Administrator (or any delegate thereof) shall have the sole discretion to determine when Participant is no longer providing Continuous Service for purposes of participation in the Plan and this award of Restricted Stock Units. View More
Vesting Schedule. Except as provided in Section 3, 4, and subject to any acceleration provisions contained in the Option Plan or set forth in this Agreement, and subject to Section 5, the Restricted Stock Units awarded by this Option Agreement will vest in accordance with the vesting provisions set forth in the Notice of Grant. Shares Restricted Stock Units scheduled to vest on a certain date or upon the occurrence of a certain condition will not vest in Participant in accordance with any of the provisions of thi...s Option Agreement, unless Participant will have been continuously a Service Provider from the Date of Grant until the date such vesting occurs. In the event Participant ceases to be a Service Provider for any or no reason before Participant vests in the Restricted Stock Units, the Restricted Stock Units and Participant's right to acquire any Shares hereunder will immediately terminate. View More
Vesting Schedule. Except as provided in Section 3, 4, and subject to Section 5, the Option Restricted Stock Units awarded by this Option Award Agreement will vest in accordance with the vesting provisions set forth in the Notice of Grant. Shares Unless specifically provided otherwise in this Award Agreement or other written agreement authorized by the Committee between Grantee and the Company or any Subsidiary of the Company, as applicable, governing the terms of this Award, Restricted Stock Units scheduled to ve...st on a certain date or upon the occurrence of a certain condition will not vest in Participant in accordance with any of the provisions of this Option Award Agreement, unless Participant Grantee will have been continuously a Service Provider from the Date of Grant until the date such vesting occurs. View More