Vesting Clause Example with 17 Variations from Business Contracts

This page contains Vesting 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. (a) Subject to the provisions of Sections 3(b) and 3(c) hereof, the RSUs subject to this Award shall become vested as follows, provided that the Participant has not incurred a Termination prior to each such vesting date: Vesting Date Number of RSUs First Anniversary of the Grant Date 100 % There shall be no proportionate or partial vesting in the periods prior to each vesting date and all vesting shall occur only on the appropriate vesting date, subject to the Participant's continued service wit...h the Company or any of its Subsidiaries on each applicable vesting date. (b) Committee Discretion to Accelerate Vesting. Notwithstanding the foregoing, the Committee may, in its sole discretion, provide for accelerated vesting of the RSUs at any time and for any reason. (c) Change in Control. All unvested RSUs shall become fully vested upon the occurrence of a Change in Control so long as the Participant has not incurred a Termination prior to such Change in Control. (d) Forfeiture. Subject to the Committee's discretion to accelerate vesting hereunder, all unvested RSUs shall be immediately forfeited upon the Participant's Termination for any reason. View More

Variations of a "Vesting" Clause from Business Contracts

Vesting. (a) General. Subject to the provisions of Sections 3(b) and 3(c) hereof, the RSUs Restricted Stock subject to this Award grant shall become unrestricted and vested as follows, provided that the Participant has not incurred a Termination prior to each such vesting date: Vesting Date Number of RSUs First Anniversary of the Grant Date 100 % Shares [—] [—] [—] [—] [—] [—] [—] [—] There shall be no proportionate or partial vesting in the periods prior to each vesting date and all vesting shall occur ...only on the appropriate vesting date, subject to the Participant's continued service with the Company or any of its Subsidiaries on each applicable vesting date. (b) Committee Discretion to Accelerate Vesting. Notwithstanding the foregoing, the Committee may, in its sole discretion, provide for accelerated vesting of the RSUs Restricted Stock at any time and for any reason. (c) Change [Change in Control. All unvested RSUs The Restricted Stock shall become fully vested upon the occurrence of a Change in Control so long as the Participant has not incurred a Termination prior to such Change in Control. Control.] (d) Forfeiture. Subject to the Committee's discretion to accelerate vesting hereunder, all unvested RSUs shares of Restricted Stock shall be immediately forfeited upon the Participant's Termination for any reason. View More
Vesting. (a) Subject to the provisions of Sections 3(b) and 3(c) hereof, the RSUs Restricted Stock subject to this Award grant shall become unrestricted and vested as follows, provided that the Participant has not incurred a Termination prior to each such vesting date: Vesting Date Number of RSUs First Anniversary of the Grant Date 100 % Shares [—] [—] [—] [—] [—] [—] [—] [—] There shall be no proportionate or partial vesting in the periods prior to each vesting date and all vesting shall occur only on t...he appropriate vesting date, subject to the Participant's continued service with the Company or any of its Subsidiaries on each applicable vesting date. (b) Committee Discretion to Accelerate Vesting. Notwithstanding the foregoing, the Committee may, in its sole discretion, provide for accelerated vesting of the RSUs Restricted Stock at any time and for any reason. (c) Change [Change in Control. All unvested RSUs The Restricted Stock shall become fully vested upon the occurrence of a Change in Control so long as the Participant has not incurred a Termination prior to such Change in Control. Control.] (d) Forfeiture. Subject to the Committee's discretion to accelerate vesting hereunder, all unvested RSUs shares of Restricted Stock shall be immediately forfeited upon the Participant's Termination for any reason. View More
Vesting. (a) Subject to the provisions of Sections 3(b) and 3(c) hereof, the RSUs subject to this Award shall become vested as follows, provided that the Participant has not incurred a Termination prior to each such vesting date: Vesting Date Number of RSUs First Anniversary of the Grant Date 100 % [—] [—] [—] [—] [—] [—] [—] [—] There shall be no proportionate or partial vesting in the periods prior to each vesting date and all vesting shall occur only on the appropriate vesting date, subject to the Par...ticipant's continued service with the Company or any of its Subsidiaries on each applicable vesting date. (b) Committee Discretion to Accelerate Vesting. Notwithstanding the foregoing, the Committee may, in its sole discretion, provide for accelerated vesting of the RSUs at any time and for any reason. (c) Change [Change in Control. All unvested RSUs shall become fully vested upon the occurrence of a Change in Control so long as the Participant has not incurred a Termination prior to such Change in Control. Control.] (d) Forfeiture. Subject to the Committee's discretion to accelerate vesting hereunder, all unvested RSUs shall be immediately forfeited upon the Participant's Termination for any reason. View More
Vesting. (a) Subject to the provisions of Sections Section 3(b) and 3(c) hereof, the RSUs Restricted Stock subject to this Award grant shall become vested vest as follows, to [●] of the Restricted Stock on the [●] anniversaries of the Grant Date; provided that the Participant has not incurred a Termination prior to each such vesting date: Vesting Date Number of RSUs First Anniversary of the Grant Date 100 % date. There shall be no proportionate or partial vesting in the periods prior to each vesting date... and all vesting shall occur only on the appropriate vesting date, subject to the Participant's continued service with the Company or any of its Subsidiaries on each applicable vesting date. (b) Committee Discretion to Accelerate Vesting. Notwithstanding the foregoing, the Committee may, in its sole discretion, provide for accelerated vesting of the RSUs Restricted Stock at any time and for any reason. (c) Change in Control. All unvested RSUs shall become fully vested upon the occurrence of a Change in Control so long as the Participant has not incurred a Termination prior to such Change in Control. (d) Forfeiture. Subject to the Committee's discretion to accelerate vesting hereunder, all unvested RSUs shares of Restricted Stock shall be immediately forfeited upon the Participant's Termination for any reason. View More
Vesting. (a) Subject to the provisions of Sections 3(b) and 3(c) hereof, the RSUs Restricted Stock subject to this Award grant shall become unrestricted and vested as follows, provided that the Participant has not incurred a Termination prior to each such vesting date: Vesting Date Number of RSUs First Anniversary of the Grant Date 100 % Shares There shall be no proportionate or partial vesting in the periods prior to each vesting date and all vesting shall occur only on the appropriate vesting date, sub...ject to the Participant's continued service with the Company or any of its Subsidiaries on each applicable vesting date. (b) Committee Discretion to Accelerate Accelerated Vesting. Notwithstanding the foregoing, the Committee may, in its sole discretion, provide for accelerated vesting of the RSUs Restricted Stock at any time and for any reason. In addition, accelerated vesting of the Restricted Stock may be provided for in an employment agreement or other agreement between the Company and the Participant. (c) Change in Control. All unvested RSUs shall become fully vested upon the occurrence of a Change in Control so long as the Participant has not incurred a Termination prior to such Change in Control. (d) Forfeiture. Subject to the Committee's discretion to accelerate vesting hereunder, all unvested RSUs shares of Restricted Stock shall be immediately forfeited upon the Participant's Termination for any reason. View More
Vesting. (a) Subject to the provisions of Sections 3(b) and 3(c) hereof, the RSUs Restricted Stock subject to this Award grant shall become unrestricted and vested as follows, provided that the Participant has not incurred a Termination prior to each such vesting date: Vesting Date Number of RSUs First Anniversary of the Grant Date 100 % Shares [•] [•] There shall be no proportionate or partial vesting in the periods prior to each vesting date and all vesting shall occur only on the appropriate vesting d...ate, subject to the Participant's continued service with the Company or any of its Subsidiaries on each applicable vesting date. (b) Committee Discretion to Accelerate Vesting. Notwithstanding the foregoing, the Committee may, in its sole discretion, provide for accelerated vesting of the RSUs Restricted Stock at any time and for any reason. (c) Change [Change in Control. All unvested RSUs shall become fully vested upon the occurrence of a Change in Control so long as the Participant has not incurred a Termination prior to such Change in Control. Control.] (d) Forfeiture. Subject to the Committee's discretion to accelerate vesting hereunder, all unvested RSUs shares of Restricted Stock shall be immediately forfeited upon the Participant's Termination for any reason. View More
Vesting. (a) General. Subject to the provisions of Sections 3(b) and 3(c) hereof, 3(c), the RSUs Restricted Stock subject to this Award grant shall become unrestricted and vested as follows, provided that in full on the Participant has not incurred a Termination prior to each such vesting date: Vesting Date Number of RSUs First Anniversary first anniversary of the Grant Date 100 % Date, subject to the Participant's continued service on the applicable vesting dates. There shall be no proportionate or part...ial vesting in the periods prior to each vesting date and all vesting shall occur only on the appropriate vesting date, subject to the Participant's continued service with the Company or any of its Subsidiaries on each applicable vesting date. (b) Change in Control. The Restricted Stock shall become fully vested upon the consummation of a Change in Control so long as the Participant has not incurred a Termination prior to such Change in Control. (c) Committee Discretion to Accelerate Vesting. Notwithstanding the foregoing, the Committee may, in its sole discretion, provide for accelerated vesting of the RSUs Restricted Stock at any time and for any reason. (c) Change in Control. All unvested RSUs shall become fully vested upon the occurrence of a Change in Control so long as the Participant has not incurred a Termination prior to such Change in Control. (d) Forfeiture. Subject to the Committee's discretion to accelerate vesting hereunder, Sections 3(b) and 3(c) hereof, all unvested RSUs shares of Restricted Stock shall be immediately forfeited upon the Participant's Termination for any reason. View More
Vesting. (a) Subject to the provisions of Sections 3(b) and 3(c) hereof, the RSUs subject to this Award shall will become vested as follows, set forth in the Award Notice; provided that that, the Participant has not incurred a Termination prior to each such vesting date: Vesting Date Number of RSUs First Anniversary of the Grant Date 100 % date. There shall will be no proportionate or partial vesting in the periods prior to each vesting date and all vesting shall will occur only on the appropriate vestin...g date, subject to the Participant's continued service with the Company or any of its Subsidiaries on each applicable vesting date. (b) Committee Discretion to Accelerate Vesting. Notwithstanding the foregoing, the Committee may, in its sole discretion, provide for accelerated vesting of the RSUs at any time and for any reason. (c) Change in Control. All unvested reason; provided that, the RSUs shall will immediately accelerate and become fully vested upon if (i) the occurrence Participant experiences a Termination that is the result of a termination by the Company or any of its Subsidiaries for reasons other than Cause (and not due to death or Disability) at any time on or following a Change in Control so long as or (ii) the Participant has not incurred experiences a Termination prior to such Change in Control. (d) that is the result of Participant's death or Disability at any time. (c) Forfeiture. Subject to the Committee's discretion to accelerate vesting hereunder, all unvested RSUs shall will be immediately forfeited upon the Participant's Termination for any reason. View More
Vesting. (a) Subject to the provisions of Sections 3(b) 3(b), 3(c), and 3(c) 3(d) hereof, all of the RSUs subject to this Award Agreement shall become vested as follows, on the one-year anniversary of the Vesting Commencement Date, provided that the Participant has not incurred a Termination prior to each such the vesting date: Vesting Date Number of RSUs First Anniversary of the Grant Date 100 % date. There shall be no proportionate or partial vesting in the periods prior to each vesting date and all ve...sting shall occur only on the appropriate vesting date, subject to the Participant's continued service with the Company or any of its Subsidiaries on each applicable vesting date. (b) Committee Discretion to Accelerate Vesting. Notwithstanding the foregoing, the Committee may, in its sole discretion, provide for accelerated vesting of the RSUs at any time and for any reason. (c) Change in Control. All unvested RSUs shall become fully vested upon the occurrence of In connection with a Change in Control so long as Control, subject to the Participant has not incurred a Termination continuing to provide services to the Company through immediately before the Change in Control, all unvested RSUs will fully vest immediately prior to such the Change in Control. (d) Forfeiture. Subject to the Committee's discretion to accelerate vesting hereunder, all unvested RSUs shall be immediately forfeited upon the Participant's Termination for any reason. View More
Vesting. (a) Subject to the provisions of Sections 3(b) and 3(c) through 3(d) hereof, the RSUs Restricted Stock Units subject to this Award grant shall become vested as follows, provided that the Participant has not incurred a Termination prior to each such vesting date: Vesting Date Number of RSUs First Anniversary of the Grant Date 100 Percentage ofRestricted Stock Units 25 % 25 % 50 % There shall be no proportionate or partial vesting in the periods prior to each vesting date and all vesting shall occ...ur only on the appropriate vesting date, subject to the Participant's continued service with the Company or any of its Affiliates or Subsidiaries on each applicable vesting date. (b) Committee Discretion to Accelerate Vesting. Notwithstanding the foregoing, the Committee may, in its sole discretion, provide for accelerated vesting of the RSUs Restricted Stock Units at any time and for any reason. (c) Change in Control. All unvested RSUs The Restricted Stock Units shall become fully vested upon the occurrence of a Change in Control so long as the Participant has not incurred a Termination prior to such Change in Control. (d) Forfeiture. Subject to the Committee's discretion to accelerate vesting hereunder, hereunder and subject to the provisions of Sections 3(b) and 3(c) above, all unvested RSUs Restricted Stock Units shall be immediately forfeited upon the Participant's Termination for any reason. View More
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