Vesting Clause Example from Business Contracts

This example Vesting clause appears in 2 contracts from 1 company

Vesting. Subject to the limitations contained herein, the Award will vest, if at all, in accordance with the vesting schedule provided in the Grant Notice, provided that vesting will cease upon the termination of your Continuous Service. Upon such termination of your Continuous Service, the Units subject to the Award that were not vested on the date of such termination will be forfeited at no cost to the Company and you will have no further right, title or interest in or to such Units or any shares of Co...mmon Stock in settlement of such Units. View More