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
Found in Boise Cascade Company contract

Variations of a "Vesting" Clause from Business Contracts

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) reason; provided that, the RSUs will immediately accelerate and become fully vested if the 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. 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) (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
Found in PAYCOR HCM, INC. contract
Vesting. (a) Subject to the provisions of Sections 3(b) and 3(c) hereof, the RSUs subject to this Award shall become fully vested as follows, on the first anniversary (the "Vesting Date") of the Grant Date specified above, 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 period prior to each vesting date such Vesting Dat...e 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. such 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
Found in 21st Century Oncology Holdings, Inc. contract
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 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. (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
Found in Ladder Capital Corp contract
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, on the first anniversary 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 oc...cur 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
Found in TerraForm Power, Inc. contract
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 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 c...ontinued 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 In the event that a Participant's Continuous Service is terminated without Cause or for Good Reason during the 12-month period following a Change in Control Date, 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 termination prior to such Change in Control. Control Date. In addition, in the event of a Change in Control, an Award may be treated, to the extent determined by the Committee to be permitted under Section 409A of the Code, in accordance with such method provided for under the Plan as determined by the Committee in its sole discretion. (d) Forfeiture. Subject to the Committee's discretion to accelerate vesting hereunder, all unvested RSUs shall be immediately forfeited upon the Participant's Termination termination for any reason. View More
Found in SunEdison Semiconductor Ltd contract
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 ser...vice 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
Found in WideOpenWest, Inc. contract
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, set forth in the Grant Notice, 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 th...e 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 In the occurrence event of a Change in Control so long Control, any unvested RSUs shall be treated as set forth in Article XII of the Participant has not incurred a Termination prior to such Change in Control. Plan. (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
Found in GrubHub Inc. contract