Vesting Clause Example from Business Contracts

This example Vesting clause appears in 2 contracts from 1 company

Vesting. Except as specifically provided in this Agreement and subject to certain restrictions and conditions set forth in the Plan, the Awarded Shares shall vest as follows: a. ____________________ of the total Awarded Shares shall vest on _______________________, provided the Participant is employed by (or, if the Participant is a Contractor or an Outside Director, is providing services to) the Company or a Subsidiary on that date. b. ____________________ of the total Awarded Shares shall vest on _____...__________________, provided the Participant is employed by (or, if the Participant is a Contractor or an Outside Director, is providing services to) the Company or a Subsidiary on that date. c. ____________________ of the total Awarded Shares shall vest on _______________________, provided the Participant is employed by (or, if the Participant is a Contractor or an Outside Director, is providing services to) the Company or a Subsidiary on that date. d. ____________________ of the total Awarded Shares shall vest on _______________________, provided the Participant is employed by (or, if the Participant is a Contractor or an Outside Director, is providing services to) the Company or a Subsidiary on that date. View More