Vesting Clause Example with 4 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. Except as provided in Sections 3 or 4 below, the Restricted Stock Units (and any related Dividend Equivalent Units) shall vest with respect to all of the number of Shares subject to the Award on the third anniversary of the Grant Date (the "Vesting Date"). After the Vesting Date, the Shares will be settled and transferred in accordance with Section 7. Prior to the Vesting Date, the Restricted Stock Units subject to the Award (and any related Dividend Equivalent Units) shall be nontransferable an...d, except as provided in Sections 3 and 4 below, shall be forfeited immediately following Participant's termination of employment with the Company. Prior to the Vesting Date, the Award shall not be earned by Participant's performance of services and there shall be no such vesting of the Award. Prior to the Vesting Date, the Committee which administers the Plan reserves the right, in its sole discretion, to waive or reduce the vesting requirements, with respect to all or any portion or the Award. Participant acknowledges that the opportunity to receive the Shares represents valuable consideration, regardless of whether the Shares vest. View More
Found in Equifax Inc. contract

Variations of a "Vesting" Clause from Business Contracts

Vesting. Except as provided Subject to earlier vesting in accordance with Sections 3 4 or 4 5 below, the Restricted Stock Units Shares (and any related Dividend Equivalent Units) shall vest with respect to all will become vested on the later of December 31, 2025 or the date on which the Committee certifies the attainment of the number of Shares subject to the Award on the third anniversary of the Grant Date Performance Goals (the "Vesting Date"). After the Vesting Date, the Shares will be settled and tra...nsferred Date") in accordance with the provisions of Section 7. 3 below. Prior to the Vesting Date, the Restricted Stock Units subject to the Award Shares (and any related Dividend Equivalent Units) subject to the Award shall be nontransferable and, except as otherwise provided in Sections 3 and 4 below, herein, shall be forfeited immediately following Participant's termination of employment with the Company. Prior to the Vesting Date, the Award shall not be earned by Participant's performance of services and there shall be no such vesting of the Award. Prior Subject to the Vesting Date, terms of the Plan, the Committee which administers the Plan reserves the right, right in its sole discretion, discretion to waive or reduce the vesting requirements, with respect to all or any portion or the Award. requirements. Participant acknowledges that the opportunity to receive obtain the Shares represents valuable consideration, regardless of whether the Shares actually vest. View More
Found in Equifax Inc. contract
Vesting. Except as provided Subject to earlier vesting in accordance with Sections 3 4 or 4 5 below, the Restricted Stock Units Shares (and any related Dividend Equivalent Units) shall vest with respect to all will become vested on the later of the number of Shares subject to the Award on the third anniversary of the Grant Date or the date on which the Committee certifies the attainment of the Performance Goals (the "Vesting Date"). After the Vesting Date, the Shares will be settled and transferred Date"...) in accordance with the provisions of Section 7. 3 below. Prior to the Vesting Date, the Restricted Stock Units subject to the Award Shares (and any related Dividend Equivalent Units) subject to the Award shall be nontransferable and, except as otherwise provided in Sections 3 and 4 below, herein, shall be immediately forfeited immediately following upon Participant's termination of active employment with the Company. Prior to the Vesting Date, the Award shall not be earned by Participant's performance of services and there shall be no such vesting of the Award. Prior Subject to the Vesting Date, terms of the Plan, the Committee which administers the Plan reserves the right, right in its sole discretion, discretion to waive or reduce the vesting requirements, with respect to all or any portion or the Award. requirements. Participant acknowledges that the opportunity to receive obtain the Shares represents valuable consideration, regardless of whether the Shares actually vest. View More
Found in Equifax Inc. contract
Vesting. Except as provided Subject to earlier vesting in accordance with Sections 3 4 or 4 5 below, the Restricted Stock Units Shares (and any related Dividend Equivalent Units) shall vest with respect to all will become vested on the later of the number of Shares subject to the Award on the third anniversary of the Grant Date or the date on which the Committee certifies the attainment of the Performance Goals (the "Vesting Date"). After the Vesting Date, the Shares will be settled and transferred Date"...) in accordance with the provisions of Section 7. 3 below. Prior to the Vesting Date, the Restricted Stock Units subject to the Award Shares (and any related Dividend Equivalent Units) subject to the Award shall be nontransferable and, except as otherwise provided in Sections 3 and 4 below, herein, shall be forfeited immediately following Participant's termination of employment with the Company. Prior to the Vesting Date, the Award shall not be earned by Participant's performance of services and there shall be no such vesting of the Award. Prior Subject to the Vesting Date, terms of the Plan, the Committee which administers the Plan reserves the right, right in its sole discretion, discretion to waive or reduce the vesting requirements, with respect to all or any portion or the Award. requirements. Participant acknowledges that the opportunity to receive obtain the Shares represents valuable consideration, regardless of whether the Shares actually vest. View More
Found in Equifax Inc. contract
Vesting. Except as provided in Sections 3 or 4 below, the Restricted Stock Units and the right to the Shares (and any related Dividend Equivalent Units) shall vest with respect to all of the percentage or number of Shares subject to the Award shown in the table below on the third anniversary of date or dates shown below (each such date a "Vesting Date" and the Grant Date (the "Vesting final or only Vesting Date, the "Final Vesting Date"). After the each Vesting Date, the Shares will be settled and transf...erred in accordance with Section 7. Prior to the an applicable Vesting Date, the Restricted Stock Units subject to the Award (and any related Dividend Equivalent Units) shall be nontransferable and, except as provided in Sections 3 and 4 below, the unvested Shares shall be forfeited immediately following Participant's termination of employment with the Company. Vesting DatePercentage of Shares Vesting on Vesting Date3rd anniversary of the Grant Date100% Prior to the an applicable Vesting Date, the Award shall not be earned by Participant's performance of services and there shall be no such vesting of the Award. Prior to the Final Vesting Date, the Committee which administers the Plan reserves the right, in its sole discretion, to waive or reduce the vesting requirements, with respect to all or any portion or of the Award. Participant acknowledges that the opportunity to receive the Shares represents valuable consideration, regardless of whether the Shares vest. View More
Found in Equifax Inc. contract