Vesting Schedule Contract Clauses (1,258)

Vesting Schedule. The Option shall vest and become exercisable in full only upon the consummation by the Company of a Business Combination (as such term is defined in the Company's memorandum of association, as amended and restated on February 5, 2021) (the "Vesting Date"), subject to the Optionee continuing to serve as a member of the Board through the date immediately preceding the date of the consummation by the Company of a Business Combination.

Vesting Schedule. For purposes of this Agreement, "Vesting Commencement Date" shall be as set forth in the Summary of Stock Option Grant. This Option will become exercisable ("vest") as set forth in the Summary of Stock Option Grant. Notwithstanding anything to the contrary in this Agreement, unless determined otherwise by the Company's Board of Directors in its discretion or otherwise required by applicable law, the vesting of this Option shall be tolled during any unpaid leave of absence that is either taken by... the Participant pursuant to the Company's one-year sabbatical program in effect from time to time, or following twelve (12) consecutive weeks of any unpaid leave of absence taken by the Participant. Participant acknowledges that in the event any leave of absence taken by Participant exceeds three months without a right to reemployment with the Company provided either by statute or by contract, the Option may become a Nonstatutory Stock Option and as a result will no longer eligible for the potentially advantageous tax treatment afforded to "incentive stock options" within the meaning of Section 422 of the Code. In addition, Participant acknowledges that if Participant ceases to be an ISO Eligible Employee but continues to provide services to the Company or a subsidiary, any portion of this Option that qualified as an Incentive Stock Option will be deemed to be a Nonstatutory Stock Option three months after Participant ceases to be an ISO Eligible Employee. 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. Provided that the Participant continues to render services to the Company through the applicable vesting date, the Restricted Stock shall vest as follows: (a) Time-Based Shares. Fifty percent (50%) of the Restricted Stock will vest in two (2) separate tranches over four (4) years as follows: Vesting Date Number of Shares December 31, 2015 7.5% of total Award December 31, 2018 42.5% of total Award (b) Performance-Based Shares. Fifty percent (50%) of the Restricted Stock will be eligible to vest i...n two (2) separate tranches, seven and a half percent (7.5%) at the end of the one-year Performance Period ending on December 31, 2015, and forty-two and a half percent (42.5%) at the end of the three-year performance period ending on December 31, 2018, in each case based on the Performance Measures and goals for each such period set forth on Addendum A hereto. Each tranche will vest on the later of the last day of the Performance Period and the date the Committee determines in its discretion that the performance goals for that particular Performance Period have been met. If the performance goals for a particular Performance Period are not met, that tranche of Restricted Stock will be forfeited. View More

Vesting Schedule. Your RSU becomes nonforfeitable ("Vested") as provided in the Cover Letter and the Grant Agreement assuming you remain employed (or serve as a member of the Company's Board of Directors ("Board")) until the Vesting Date(s). For purposes of this Grant Agreement, employment with the Company will include employment with any Subsidiary whose employees are then eligible to receive Awards under the Plan (provided that a later transfer of employment to an ineligible Subsidiary will not terminate employ...ment unless the Board determines otherwise). While you are employed (or serving as a member of the Board), vesting will accelerate fully on your death, Disability or Retirement. If your employment and, if applicable, Board service is terminated by the Company without Cause (other than by reason of your death or Disability) before the RSU is fully vested and such termination does not constitute a Retirement, the RSU will remain or become Vested on the original schedule as though you remained working through any Vesting Date(s) occurring during the period that is the greater of 90 days after the date of termination and the period over which you receive base salary severance payments from the Company pursuant to an applicable employment or severance agreement, plan or policy, if any. "Cause" has the meaning provided in Section 11.2(b) of the Plan. "Disability" has the meaning provided in Section 2.1 of the Plan. "Retirement" means your employment and, if applicable, board service ends for any reason other than Cause, your death or your Disability at a point at which (i) you are at least age 55, (ii) you have been employed by the Company (or served as a member of the Board), any of its current or future Subsidiaries or Affiliates, or Discovery Communications, LLC for at least ten years, where your period of service is determined using the Company's Prior Employment Service Policy or a successor policy chosen by the Committee, and (iii) you have been actively employed or actively served as a member of the Company's Board as described in the foregoing clause (ii) for at least six months since the Date of Grant. View More

Vesting Schedule. The option shares vest as follows: 25% of the option shares vest upon the one-year anniversary of the "Vesting Commencement Date" and 6.25% of the option shares vest every three-months thereafter. 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 ter...mination of this option under Section 3 hereof or the Plan. View More

Vesting Schedule. Except as specifically provided in Sections 4 and 5 below, the Restricted Stock Units awarded by the Notice and this RSU Agreement will vest in accordance with the "Vesting Schedule" set forth in the Notice.

Vesting Schedule. Subject to paragraph 4, and to relevant Plan provisions, the RSUs awarded by this Agreement will vest in the Non-Employee Director according to the vesting schedule specified in the Notice of Grant.

Vesting Schedule. Subject to the Recipient's not experiencing a termination or reduction of employment or service during the following vesting period, the interest of the Recipient in the Stock Units shall vest as follows: 16.67% of the total shares shall vest on the six month anniversary of the Grant Date. The remaining 83.33% of the total shares shall vest in (30) substantially equal monthly installments, with the first installment vesting on the seven month anniversary of the Grant Date and each additional ins...tallment vesting on the same day of each of the remaining (29) months thereafter. The vesting schedule requires continued full-time employment or service through each applicable vesting date as a condition to the vesting and the rights and benefits under this Agreement. Partial employment or service, even if substantial, during any vesting period will not entitle the Recipient to any proportionate vesting or avoid or mitigate a termination of rights and benefits upon or following a termination of employment or service as provided in Section 4(b) below or under the Plan. 1 3. Benefit Upon Vesting. Upon the vesting of the Stock Units and subject to any limitations set forth in this Agreement, the Recipient shall be entitled to receive, and the Corporation shall as soon as reasonably practicable (but in any event, within the period ending on the later to occur of the date that is two and one half (21⁄2) months after the end of (a) the Recipient's tax year that includes the applicable vesting date, or (b) the Corporation's tax year that includes the applicable vesting date) issue to the Recipient, a number of Shares equal to the number of Stock Units that have vested on the applicable vesting date subject to Section 7 below. View More

Vesting Schedule. (a) The interest of Employee in the Restricted Stock shall vest as follows: 33% of the shares of Restricted Stock shall vest on ______, 20__, 33% of the shares of Restricted Stock shall vest on ______, 20__ and 34% of the shares of Restricted Stock shall vest on ______, 20__; provided, that Employee remains continuously employed by the Company on a full-time basis from the Grant Date through the applicable vesting date. If a vesting date falls on a weekend or any other day on which the NASDAQ St...ock Market ("NASDAQ") is not open, vesting of the corresponding Restricted Stock shall occur on the next following NASDAQ trading day. Notwithstanding the foregoing, the interest of Employee in the Restricted Stock may vest as to one hundred percent (100%) of the then unvested shares of Restricted Stock upon a Change in Control but only in accordance with the Plan. 1 (b) Upon termination of the Restriction Period, the Company shall, as soon as practicable thereafter, deliver instructions to American Stock Transfer ("AST") to deposit and make available the number of shares of Restricted Stock with respect to which such restrictions have lapsed into the Employee's Managed Shares account at AST or a brokerage company selected from time to time by the Company. Employee may instruct AST to deliver vested shares of Restricted Stock to Employee, or Employee's broker or other designee; provided, that Employee communicates such instruction through the AST site not less than five (5) business days prior to the applicable vesting date. Employee may thereafter request delivery of the vested shares of Restricted Stock to Employee, or Employee's broker or other designee in accordance with the terms and conditions applicable to Employee's Managed Shares account. View More

Vesting Schedule. Except as provided in Section 4 and subject to any acceleration provisions contained in the Plan or set forth below, this Option will become vested and exercisable in accordance with this section. 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 Award Agreement, unless Participant will have been continuously a Service Provider from the Date of Grant until the date such vesting is... scheduled to occur. The Option will become vested and exercisable with respect to 100% of the Shares subject to the Option on the earlier of the first anniversary of the Date of Grant or the date of the first annual meeting of the stockholders of the Company immediately following the date of grant. 100% of the Shares subject to this Award also shall vest upon the Participant's death or Disability. In the event of a Change in Control (as defined in the Plan), the Award will be treated as the plan administrator determines in accordance with the Plan, including, without limitation, assumption or grant of a substitute award by the successor or acquiring company. If the successor or acquiring company does not assume or provide a substitute for the Award, the Award will fully vest in connection with such Change in Control. View More