Vesting Schedule Clause Example with 14 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 otherwise provided in this Agreement, this Option first becomes exercisable, subject to the Option's expiration date, in accordance with the vesting schedule specified herein. The Options granted under this Agreement shall vest in five (5) equal annual installments, with the first installment becoming exercisable on the first anniversary of the date of grant, or __________ __, 201__, and succeeding installments on each anniversary thereafter, through ___________ __, 201__. To the exten...t the Options awarded to me are not equally divisible by "5," any excess Options shall vest on _______________ __, 201__. This Option may not be exercised at any time on or after the Option's expiration date. Vesting will automatically accelerate pursuant to Section 2.6, 2.9 and 4.1 of the Plan (in the event of death or Disability or Involuntary Termination of Employment following a Change in Control). View More
Found in Hamilton Bancorp, Inc. contract

Variations of a "Vesting Schedule" Clause from Business Contracts

Vesting Schedule. Except as otherwise provided in this Agreement, this Option Restricted Stock Award first becomes exercisable, subject to the Option's expiration date, earned in accordance with the vesting schedule specified herein. herein, provided, however that that vesting rate shall not exceed 20% per year, with the first installment vesting no earlier than one year after the date on which stockholders of the Company approved the Plan (which occurred on November 15, 2016). The Options Restricted Stock Awards... granted under this Agreement the Plan shall vest in five (5) equal annual installments, with the first installment becoming exercisable vesting on the first anniversary of the date of grant, or __________ __, 201__, ________________ and succeeding installments on each anniversary thereafter, through ___________ __, 201__. ________________. To the extent the Options shares of Restricted Stock awarded to me are not equally divisible by "5," any excess Options shares of Restricted Stock shall vest on _______________ __, 201__. This Option may not be exercised at any time on or after the Option's expiration date. ________________. Vesting will automatically accelerate pursuant to Section 2.6, Sections 2.9 and 4.1 of the Plan (in the event of death or death, Disability or Involuntary Termination at the time of Employment following a Change in Control). View More
Found in Equitable Financial Corp. contract
Vesting Schedule. Except as otherwise provided in this Agreement, this Option Restricted Stock Award first becomes exercisable, subject to the Option's expiration date, earned in accordance with the vesting schedule specified herein. herein, provided, however that that vesting rate shall not exceed 20% per year, with the first installment vesting no earlier than one year after the date on which stockholders of the Company approved the Plan (which occurred on November 15, 2016). The Options Restricted Stock Awards... granted under this Agreement the Plan shall vest in five (5) equal annual installments, with the first installment becoming exercisable vesting on the first anniversary of the date of grant, or __________ __, 201__, ________________ and succeeding installments on each anniversary thereafter, through ___________ __, 201__. ________________. To the extent the Options shares of Restricted Stock awarded to me are not equally divisible by "5," any excess Options shares of Restricted Stock shall vest on _______________ __, 201__. This Option may not be exercised at any time on or after the Option's expiration date. ________________. Vesting will automatically accelerate pursuant to Section 2.6, Sections 2.9 and 4.1 of the Plan (in the event of death or death, Disability or Involuntary Termination at the time of Employment following a Change in Control). View More
Found in Equitable Financial Corp. contract
Vesting Schedule. Except as otherwise provided in this Agreement, this Option Restricted Stock Award first becomes exercisable, subject to the Option's expiration date, earned in accordance with the vesting schedule specified herein. The Options Restricted Stock Awards granted under this Agreement the Plan shall vest in five (5) equal annual installments, with the first installment becoming exercisable on the first anniversary of the date of grant, or __________ __, 201__, and succeeding installments on each anni...versary thereafter, through ___________ ______________ __, 201__. To the extent the Options shares of Restricted Stock awarded to me are not equally divisible by "5," any excess Options shares of Restricted Stock shall vest on _______________ _________ __, 201__. This Option may not be exercised at any time on or after the Option's expiration date. Vesting will automatically accelerate pursuant to Section 2.6, 2.9 and 4.1 of the Plan (in the event of death or death, Disability or Involuntary Termination of Employment Service following a Change in Control). View More
Found in 2 Contracts from 2 Companies
Vesting Schedule. Except as otherwise provided in this Agreement, this Option Restricted Stock Award first becomes exercisable, subject to the Option's expiration date, earned in accordance with the vesting schedule specified herein. The Options Restricted Stock Awards granted under this Agreement the Plan shall vest in five (5) equal annual installments, with the first installment becoming exercisable on the first anniversary of the date of grant, or __________ ___________ __, 201__, 201__ and succeeding install...ments on each anniversary thereafter, through ___________ ____________ __, 201__. To the extent the Options shares of Restricted Stock awarded to me are not equally divisible by "5," any excess Options shares of Restricted Stock shall vest on _______________ __________ __, 201__. This Option may not be exercised at any time on or after the Option's expiration date. Vesting will automatically accelerate pursuant to Section 2.6, 2.9 and 4.1 of the Plan (in the event of death or death, Disability or Involuntary Termination of Employment following a Change in Control). View More
Found in 2 Contracts from 2 Companies