Vesting Clause Example from Business Contracts

This example Vesting clause appears in 3 contracts from 1 company

Vesting. Subject to the limitations contained herein, your Award will vest, if at all, in accordance with the vesting schedule set forth in the Grant Notice, provided that vesting will cease upon your Termination of Service. Upon such Termination of Service, the Stock Units credited to the Account 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 the Stock Units or the shares of Stock to be issued in ...respect of the Award. View More