Vesting Schedule Contract Clauses (1,258)

Vesting Schedule. Except as otherwise provided in this Agreement, this Option shall vest in five (5) equal annual installments, with the first installment becoming exercisable on the first anniversary of the date of grant, or November 2, 2016, and succeeding installments on each anniversary thereafter, through November 2, 2020. To the extent the Options awarded to me are not equally divisible by "5," any excess Options shall vest on November 2, 2020. The right of exercise shall be cumulative. This Option may not ...be exercised at any time on or after the Option's expiration date. Vesting will automatically accelerate pursuant to Section 2.9(c) of the Plan (in the event of death or Disability). View More

Vesting Schedule. Unless vested earlier as set forth below, the Award shall vest on the second business day after the Corporation's annual report on Form 10-K for the fiscal year 2014 is filed, and in no event later than March 15, 2015.

Vesting Schedule. Subject to Section 3, the Restricted Stock Units awarded by this Agreement will vest in Grantee according to the vesting schedule set forth on the Grant Notice, subject to Grantee's Continuous Status as an Employee, Director or Consultant through each such date. Vesting may be suspended during any unpaid leave of absence, unless continued vesting is required by Applicable Laws or unless continued vesting is approved by the Company in writing.

Vesting Schedule. This Stock Option will vest and become exercisable according to the vesting schedule set forth below except to the extent a severance plan applicable to the Employee provides otherwise, subject to the Employee's compliance with the requirements and conditions provided for in the Plan and this Grant Agreement. (a) This Stock Option shall vest, if at all, as to one-third of the Shares thereunder ("First Tranche") upon the satisfaction of both of the following criteria prior to the expiration of th...e Stock Option: (i) the Employee's continued employment on the first anniversary of the Grant Date ("First Tranche Service Component"), and (ii) subject to the Employee's continued employment on such date, the first date that the closing Share price on the New York Stock Exchange has met or exceeded 110% of the Grant Price set forth above for at least twenty (20) consecutive trading days within two years after the Grant Date ("First Tranche Share Price Component"); and 1 (b) This Stock Option shall vest, if at all, as to one-third of the Shares thereunder ("Second Tranche") upon the satisfaction of both of the following criteria prior to the expiration of the Stock Option: (i) the Employee's continued employment on the second anniversary of the Grant Date ("Second Tranche Service Component"), and (ii) subject to the Employee's continued employment on such date, the first date that the closing Share price on the New York Stock Exchange has met or exceeded 120% of the Grant Price set forth above for at least twenty (20) consecutive trading days within three years after the Grant Date ("Second Tranche Share Price Component"); and (c) This Stock Option shall vest, if at all, as to one-third of the Shares thereunder ("Third Tranche") upon the satisfaction of both of the following criteria prior to the expiration of the Stock Option: (i) the Employee's continued employment on the third anniversary of the Grant Date ("Third Tranche Service Component"), and (ii) the first date that the closing Share price on the New York Stock Exchange has met or exceeded 130% of the Grant Price set forth above for at least twenty (20) consecutive trading days within four years after the Grant Date, subject to the Employee's continued employment on such date ("Third Tranche Share Price Component"); If none of the specified performance measures set forth above are met by the date specified in (a), (b), or (c) as applicable, the Stock Option will not vest and will not be exercisable at any time. View More

Vesting Schedule. Except as otherwise provided in Section 4 of this Agreement, subject to the Participant's continued Service with the Company through the applicable vesting date, this Restricted Stock Unit Award shall vest as follows: Step One: If the Company's Net Operating Income for 2015 is $75 million or greater, as certified by the Committee, then the total number of shares of Stock covered by this Restricted Stock Unit Award shall become subject to the vesting schedule set forth in Step Two below, such tha...t this Restricted Stock Unit Award shall be treated as "performance-based compensation" for purposes of Section 162(m) of the Internal Revenue Code of 1986, as amended (the "Code"). If the Company's Net Operating Income for 2015 is less than $75 million, then the total number of shares of Stock covered by this Restricted Stock Unit Award shall be forfeited. "Net Operating Income" has the meaning given such term in the Company's Executive Annual Incentive Plan.Step Two: If the Company's Net Operating Income for 2015 is $75 million or greater, as certified by the Committee, then this Restricted Stock Unit Award shall become vested on the third anniversary of the Grant Date (i.e., three-year cliff vesting). 1 2. Grant of Restricted Stock Unit Award.The Restricted Stock Unit Award will be in the form of a bookkeeping entry denominated in the number of shares of Stock subject to this Restricted Stock Unit Award, pending the vesting or forfeiture of this Restricted Stock Unit Award. View More

Vesting Schedule. The RSUs shall vest on the earlier of: (a) the end of the Performance Period, in which case, the RSUs shall vest in the amount determined by the Committee pursuant to the Payout Formula; (b) the date that the conditions for an Accelerated Vesting Event set forth in Section 5 are satisfied, in which case, the RSUs shall vest in the amount specified under the respective Accelerated Vesting Event; or (c) as specified in Sections 6 or 7. The date of vesting is referred to as the "Vesting Date". All ...such vested RSUs shall be paid out as provided in Section 11, in accordance with and subject to any restrictions set forth in this Agreement, the Plan or any agreement the Executive may be required to enter pursuant to Sections 5 or 6. View More

Vesting Schedule. Except as otherwise provided in Sections 6 and 13, the Stock Units shall vest in accordance with the Vesting Schedule specified in the Award Agreement; provided that the Director continues as a director of the Company until the dates specified in the Vesting Schedule.

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. Unless specifically provided otherwise in this Option Agreement or other written agreement between Participant and the Company or any of its Subsidiaries or Parents, as applicable, Shares subject to this Option that are scheduled to vest on a certain date or upon the occurrence of a certain condition will not vest in accordance with an...y 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. For the avoidance of doubt, being a Service Provider for only a portion of the vesting period does not entitle Participant to pro-rata vesting on a vesting date, nor will Participant be entitled to any compensation for lost vesting. For purposes of the Option, Participant's status as a Service Provider will be considered terminated as of the date Participant is no longer actively providing services to the Company or any Parent or Subsidiary (regardless of the reason for such termination and whether or not later found to be invalid or in breach of employment laws in the jurisdiction where Participant is employed or otherwise rendering service or the terms of Participant's employment or service agreement, if any), and will not be extended by any notice period (e.g., Participant's period of service would not include any contractual notice period or any period of "garden leave" or similar period mandated under employment laws in the jurisdiction where Participant is employed or otherwise rendering services or the terms of Participant's employment or service agreement, if any). The Administrator shall have the exclusive discretion to determine when Participant is no longer actively providing services for purposes of this Option grant (including whether Participant may still be considered to be providing services while on a leave of absence). View More

Vesting Schedule. This option will become exercisable ("vest") one-third per year over three years on the day immediately prior to the applicable anniversary of the date of grant (or if earlier, on the date which is one business day prior to date of the Company's next annual meeting), in each case provided that the individual is serving on the Board, or is an employee of or consultant to the Company, on such date; provided that no additional vesting shall take place after the Participant ceases to provide service...s to the Company; and, further provided, that the Board may provide for accelerated vesting in the case of death or disability. The right of exercise shall be cumulative so that to the extent the option is not exercised in any period to the maximum extent permissible it shall continue to be exercisable, in whole or in part, with respect to all Shares for which it is vested until the earlier of the Final Exercise Date or the termination of this option under Section 3 hereof or the Plan. View More

Vesting Schedule. Subject to Section 4, the Restricted Stock Units awarded by this Agreement will vest according to the vesting schedule set forth on the attached Restricted Stock Unit Agreement, subject to the Participant's continuous Service through each such date. For purposes of clarification, Service shall include any notice of termination period (e.g., garden leave, etc.) during which the Participant is not providing active Service to the Company or one of its affiliates.