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. (a) Except as otherwise provided in any Employment Agreement (as defined in Section 14 hereof) or determined by the Committee in its sole discretion or provided in Section 4, 5, 6 or 7 hereof, the Shares shall vest and the Restrictions shall lapse and thereby terminate and be of no further force or effect in three approximately equal installments on each anniversary of the Award Date (each, a "Vesting Date") provided that you are continuously employed by the Company through each such Vesting Dat...e. (b) For the avoidance of doubt, to the extent a number of Shares vests pursuant to the terms of Section 4, 5, 6 or 7 of this Agreement, the number of Shares that so vests shall include, but shall not be in addition to, any Shares that previously vested pursuant to the terms of Section 3 of this Agreement. View More
Found in CyrusOne contract

Variations of a "Vesting" Clause from Business Contracts

Vesting. (a) Except as otherwise provided in any Employment Agreement (as defined in Section 14 hereof) or determined by the Committee in its sole discretion or provided in Section 4, 5, or 6 or 7 hereof, the Shares shall vest and the Restrictions shall lapse and thereby terminate and be of no further force or effect in three approximately equal installments on each the third anniversary of the Award Date (each, a (the "Vesting Date") provided that you are continuously employed by the Company through eac...h such Vesting Date. (b) For the avoidance of doubt, to the extent a number of Shares vests pursuant to the terms of Section 4, 5, 6 or 7 of this Agreement, the number of Shares that so vests shall include, but shall not be in addition to, any Shares that previously vested pursuant to the terms of Section 3 of this Agreement. View More
Found in CyrusOne contract
Vesting. (a) Except as otherwise provided in any Employment Agreement (as defined in Section 14 hereof) or determined by the Committee in its sole discretion or provided in Section 4, 5, 6 or 7 hereof, the Shares shall vest and the Restrictions shall lapse and thereby terminate and be of no further force or effect in three approximately equal installments on each the third anniversary of the Award Date (each, a (the "Vesting Date") provided that you are continuously employed by the Company through each s...uch Vesting Date. (b) For the avoidance of doubt, to the extent a number of Shares vests pursuant to the terms of Section 4, 5, 6 or 7 of this Agreement, the number of Shares that so vests shall include, but shall not be in addition to, any Shares that previously vested pursuant to the terms of Section 3 of this Agreement. View More
Found in CyrusOne contract
Vesting. (a) Except as otherwise provided in any Employment this Agreement (as defined in (including pursuant to Section 14 hereof) or determined by the Committee in its sole discretion or provided in Section 4, 5, 6 or 7 hereof, the Shares shall vest and the Restrictions shall lapse and thereby terminate and be of no further force or effect in three approximately equal annual installments beginning on each the first anniversary of the Award Date (each, a "Vesting Date") provided that you are continuousl...y employed by the Company through each such Vesting Date. (b) For the avoidance of doubt, to the extent a number of Shares vests pursuant to the terms of Section 4, 5, 6 or 7 of this Agreement, the number of Shares that so vests shall include, but shall not be in addition to, any Shares that previously vested pursuant to the terms of Section 3 of this Agreement. View More
Found in CyrusOne contract
Vesting. (a) Except as otherwise provided in any Employment Agreement (as defined in Section 14 hereof) or determined by the Committee in its sole discretion or provided in Section 4, 5, or 6 or 7 hereof, the Shares shall vest and the Restrictions shall lapse and thereby terminate and be of no further force or effect in three approximately equal installments on each anniversary of the Award Date (each, a "Vesting Date") provided that you are continuously employed by the Company through each such Vesting ...Date. (b) For the avoidance of doubt, to the extent a number of Shares vests pursuant to the terms of Section 4, 5, or 6 or 7 of this Agreement, the number of Shares that so vests shall include, but shall not be in addition to, any Shares that previously vested pursuant to the terms of Section 3 of this Agreement. View More
Found in CyrusOne contract