Vesting Schedule Contract Clauses (1,258)

Vesting Schedule. Subject to Section 5, the Market Stock Units awarded by this Agreement will vest in Participant according to the Vesting Schedule set forth on the attached Notice of Grant, subject to Participant continuing to be a Service Provider through each such date.

Vesting Schedule. Except as provided in Sections 4 and 5, and subject to Section 6, the Restricted Stock Units awarded by this Award Agreement will vest in the Participant according to the vesting schedule set forth in the Award Agreement. In the event any Restricted Stock Units have not vested by the fifteenth (15th) anniversary of the Vesting Commencement Date, the then-unvested Restricted Stock Units awarded by this Award Agreement will thereupon be forfeited at no cost to the Company and the Participant will ...have no further rights thereunder. View More

Vesting Schedule. Participant's Actual Award will vest as follows: (a) 100% will be eligible to vest on the later of the date the Committee certifies achievement of the applicable performance goals as set forth in Exhibit A, for the period commencing January 1, 2014 and ending December 31, 2016 (the "Certification Period") and the date the Company receives an unqualified signed opinion of the Company's financial statements from its independent registered public accounting firm for the Certification Period (the "V...esting Date"). View More

Vesting Schedule. The Option will only be exercisable (also referred to as vested) under the Vesting Schedule on the Notice of Grant or as set out in Section 3 of this Agreement. Shares scheduled to vest on a date or upon the occurrence of a condition will not vest unless Participant continues to be a Service Provider beginning on the Grant Date through the date that the vesting is scheduled to occur. The Administrator may modify the vesting schedule under Section 10 of the Plan if Participant takes a leave of ab...sence or has a reduction in hours worked. View More

Vesting Schedule. The interest of the Holder in the Restricted Shares shall vest, as to one-fourth of the Restricted Shares, on the first anniversary of the Grant Date, and, as to an additional one-fourth of the Restricted Shares, on each succeeding anniversary thereof, so as to be 100% vested on the fourth anniversary thereof, conditioned upon, except to the extent the Plan Administrator determines otherwise, the Holder's continued service as a Director of the Company as of each vesting date. Notwithstanding the... foregoing, the interest of the Holder in the Restricted Shares shall vest as to 100% of the then unvested Restricted Shares upon the Holder's termination of service to the Company due to death or Disability. As used herein, the term "Disability" shall mean any condition, arising by reason of ill health or otherwise, on account of which the Holder shall become unable to perform services as a Director of the Company for a period of six (6) consecutive months. View More

Vesting Schedule. Except as otherwise provided in this Agreement, this Restricted Stock Award first becomes earned in accordance with the vesting schedule specified herein. The Restricted Stock granted under this Agreement shall vest in seven (7) annual installments, with the first installment of 16 percent (16%) becoming exercisable on the first anniversary of the date of grant, or June 13, 2019, and the succeeding six (6) equal annual installments of 14 percent (14%) on each anniversary thereafter, through June... 13, 2025. Vesting will automatically accelerate pursuant to Sections 2.9 and 4.1 of the Plan (in the event of death, Disability or Involuntary Termination following a Change in Control). View More

Vesting Schedule. The Option shall vest and become exercisable as to [Insert Vesting Schedule]. In no event will any portion of the Option that is not vested and exercisable at the time of the termination of the Optionee's service relationship become vested and exercisable following such termination. Further, notwithstanding any provision of the Plan or this Agreement to the contrary, in no event will any portion of the Option that is not vested and exercisable immediately prior to the time of a Sale of the Compa...ny become vested and exercisable because of such event. View More

Vesting Schedule. Unless vested earlier as set forth below, the PSUs will vest, and will be settled in shares of the Corporation's common stock, based on the following vesting terms: • Subject to the other provisions of this Section 1, a specified percentage of the total PSUs granted shall vest based on the Corporation's performance for fiscal years 2016, 2017 and 2018 in the aggregate, as shown in the following performance chart: Performance Metric Weight Percentage of PSUs Vesting 0% 50% 100% 150% Net Student L...oan Cash Flows 50 % Less than $7.5 billion $7.5 billion $7.8 billion $8.6 billion or greater Cumulative Revenue From Growth Businesses 30 % Less than $520 million $520 million $665 million $775 million or greater Strategic Objectives 20 % Determined by the Committee * For points between each performance level, the vesting percentages will be interpolated. • If compensation paid to the Grantee might be subject to the tax deduction limitations of Section 162(m) of the Internal Revenue Code ("Section 162(m)"), vesting of the PSUs is contingent upon certification by the Committee that the applicable Section 162(m) performance targets (as pre-determined by the Committee) have been met on or prior to the applicable vesting event; provided, however, that in no event will the conversion of the PSUs into shares of the Corporation's common stock occur after the end of the calendar year following the calendar year in which ends the performance period described in this Section 1. • Each vested PSU will be settled in shares of the Corporation's common stock. PSUs shall vest on the second business day after the Corporation's annual report on Form 10-K for the fiscal year 2018 is filed, and in no event later than March 15, 2019. 1 • "Net Student Loan Cash Flows" shall mean the Corporation's aggregate cash flows net of secured borrowings from student loans realized for the fiscal years 2016, 2017 and 2018, including student loan cash flows realized from new acquisitions, but excluding the impact of cash flows for fiscal years beyond 2018 that are accelerated through securitizing or pledging unencumbered students loans, or through loan sales. • "Cumulative Revenue from Growth Businesses" shall mean that portion of the Corporation's aggregate revenue for the fiscal years 2016, 2017, and 2018 derived from products and services in existing and new business lines that have been targeted for long-run growth, as identified by management and approved by the Committee. • "Strategic Objectives" shall mean those qualitative business objectives identified by management and approved by the Committee. View More

Vesting Schedule. This Option shall vest and become exercisable at the time or times set forth in the accompanying Notice. In addition, this Option may vest and become exercisable on an accelerated basis as follows: Immediately prior to the effective date of a Change in Control, this Option shall vest and become exercisable as to 100% of the Total Number of Shares, it being understood that in no event shall the Participant be entitled to exercise the Option to purchase greater than the Total Number of Shares as a... result of this provision. View More

Vesting Schedule. Subject to paragraph 4, the RSUs awarded by this Agreement will vest according to the vesting schedule specified in the Notice of Grant.