Vesting Clause Example with 6 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 otherwise set forth in these Award Terms, the Restricted Share Units shall vest in accordance with the "Schedule for Vesting" set forth on the Grant Notice. Each Restricted Share Unit, upon vesting thereof, shall entitle the holder thereof to receive one Common Share (subject to adjustment pursuant to Section 10 hereof).

Variations of a "Vesting" Clause from Business Contracts

Vesting. Except as otherwise set forth in these Award Terms, Terms [or Section 12 of the Restricted Employment Agreement ("Shareholder Value Creation Incentive")], the Performance Share Units shall vest in accordance with the "Schedule for Vesting" set forth on the Grant Notice. Each Restricted Performance Share Unit, upon vesting thereof, shall entitle the holder thereof to receive one Common Share (subject to adjustment pursuant to Section 10 hereof).
Vesting. Except as otherwise set forth in these Award Terms, Terms or Section 12 of the Restricted Employment Agreement ("Shareholder Value Creation Incentive"), the Performance Share Units shall vest in accordance with the "Schedule for Vesting" set forth on the Grant Notice. Each Restricted Performance Share Unit, upon vesting thereof, shall entitle the holder thereof to receive one Common Share (subject to adjustment pursuant to Section 10 hereof).
Vesting. Except as otherwise set forth in these Award Terms, the Restricted Performance Share Units shall vest in accordance with the provisions of the Employment Agreement and the "Schedule for Vesting" set forth on the Grant Notice. Exhibit A-1 hereto. Each Restricted Performance Share Unit, upon vesting thereof, shall entitle the holder thereof to receive one Common Share (subject to adjustment pursuant to Section 10 hereof).
Vesting. Except as otherwise set forth in these Award Terms, the The Restricted Share Units shall vest in accordance with the "Schedule for Vesting" set forth on the Grant Notice. Vesting Schedule. Each Restricted Share Unit, upon vesting thereof, shall entitle the holder thereof to receive one Common Share (subject to adjustment pursuant to Section 10 hereof).
Vesting. Except as otherwise set forth in these Award Terms, the Restricted Performance Share Units shall vest in accordance with the "Schedule for Vesting" set forth on the Grant Notice. Each Restricted Performance Share Unit, upon vesting thereof, shall entitle the holder thereof to receive one Common Share (subject to adjustment pursuant to Section 10 hereof).
Vesting. Except as otherwise set forth in these Award Terms, the Restricted Share Units shall vest in accordance with the "Schedule for Vesting" set forth on the Grant Notice. Each Restricted Share Unit, upon vesting thereof, shall entitle the holder thereof to receive one Common Share (subject to adjustment pursuant to Section 10 9 hereof).