Vesting Clause Example from Business Contracts

This example Vesting clause appears in 4 contracts from 1 company

Vesting. (i) Shares of Common Stock issued to you under this Agreement shall vest according to the following schedule: _________________________________________________________. (ii) In the event that you become entitled to a fractional Share, such fractional Share shall not vest unless and until the participant becomes entitled to such number of fractional Shares as shall be equal in sum to a whole Share.