Vesting Contract Clauses (4,221)

Vesting. (a) Subject to the terms and conditions of this award, the Units vest as to 12.5% of the original number of Units at the end of each successive three-month period after the date set forth in Section 1 above until the second anniversary of such date. On each vesting date, each Unit becoming vested is automatically converted into a Share on a one-to-one basis. (b) This vesting schedule requires that, at the time any Units vest, the Participant is, and has been at all times since the date in Sectio...n 1 above on which the Units were granted, an employee, officer or director of, or consultant or advisor to, the Company or any parent or subsidiary of the Company as defined in Section 424(e) or (f) of the United States Internal Revenue Code of 1986, as amended, and any regulations promulgated thereunder (the "Code"). Therefore, the Participant expressly accepts and agrees that any termination of his or her relationship with the Company for any reason whatsoever (including without limitation unfair or objective dismissal, permanent disability, resignation or desistance) automatically means the forfeiture of all of his or her unvested Units, with no compensation whatsoever. The Participant acknowledges and accepts that this is an essential condition of this Agreement and expressly agrees to this condition. If the Participant serves as an employee, officer or director of, or consultant or advisor to, a parent or subsidiary of the Company, any references in this Agreement to such relationship with the Company or termination of such relationship with the Company are instead deemed to refer to such parent or subsidiary. (c) If for any reason the Participant ceases to be an employee, officer or director of, or consultant or advisor to, the Company or any parent or subsidiary of the Company as defined in Section 2(b) above, then the vesting of Units ceases and the Participant has no further rights with respect to any unvested Units. If the Participant violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company or a parent or subsidiary of the Company, then the vesting of Units ceases, and this award terminates immediately upon such violation. View More

Vesting. (a) Subject to Section 4(b) hereof and the further provisions of this Agreement, a number of whole shares of Restricted Stock equal to 1/3 of the total number of shares granted hereunder shall vest on each of the first three anniversaries of the Grant Date (rounding down to the nearest whole share on each of the first two anniversaries and rounding up on the third anniversary) (each such date, a "Vesting Date"). (b) In the event of the occurrence of a Change in Control, as defined in Section 3.8...(a) of the MIP, as in effect on the date of such occurrence, the Restricted Stock shall become vested in full on the date of such Change in Control. View More

Vesting. All of the RSUs will become vested and nonforfeitable on the date of the Company's next regularly scheduled annual meeting of stockholders at which directors are elected, provided that you remain in continuous service with the Company through that date. In addition, the vesting of all of the RSUs will accelerate in full (i) immediately prior to and contingent upon the occurrence of a Change in Control, provided that you remain in continuous service with the Company through the date of that trans...action, or (ii) upon cessation of your service with the Company due to your death or Disability. If your service ceases for any reason other than due to death or Disability, all RSUs that then remain subject to forfeiture will be immediately and automatically forfeited. View More

Vesting. Subject to Section 4, the Cash Award held by the Participant shall vest in accordance with the vesting schedule set forth in Schedule A hereto (each date listed in Schedule A, a "Scheduled Vesting Date"), provided that the Participant is continuously employed through the applicable Scheduled Vesting Date, and shall be paid in accordance with Section 5 hereof.

Vesting. The Options shall vest and be exercisable by the Participant in accordance with the following schedule: Date Number of Options Vested October 24, 2014 66,667 Options October 24, 2015 66,667 Options October 24, 2016 66,666 Options 5. Separation from Service. (a) If the Participant's service is terminated by the Company for Cause (as defined in the Plan), then all Options shall immediately terminate and no longer be exercisable. (b) If the Participant terminates his service, then all Options shall... terminate and no longer be exercisable on the date that is 90 days after the date of termination of the Participant's Continuous Service (as defined in the Plan), but not later than the Expiration Date. No Options shall vest following the date of termination of the Participant's Continuous Service (as defined in the Plan). (c) If, before the Expiration Date, the Participant's service is terminated by the Company other than for Cause (as defined in the Plan), upon a Change in Control (as defined in the Plan) of the Company or upon the death or Disability (as defined in the Plan) of the Participant, then, all unexercisable Options shall become exercisable and remain exercisable until the Expiration Date. All vested Options not exercised within the period described in the preceding sentence shall terminate. (d) Notwithstanding anything herein to the contrary, in the event of Participant's Disability (as defined in the Plan), the Participant may exercise the Options at any time within one (1) year after the Date of Termination (as defined in the Plan) but not later than the Expiration Date. (e) Notwithstanding anything herein to the contrary, in the event of Participant's death or if a Participant should die within a period of 90 days after termination of the Participant's Continuous Service for reason other than Cause (as defined in the Plan), the personal representatives of the Participant's estate or the person or persons who shall have acquired the Options from the Participant by bequest or inheritance may exercise the Options at any time within one (1) year after the date of death, but not later than the Expiration Date. View More

Vesting. The Class B-1 Interests shall vest with respect to forty percent (40%) of the Class B-1 Interests on the Grant Date, an additional twenty percent (20%) on July 15,2014 and with respect to the remaining Class B-1 Interests on July 15, 2015 (each such date, a "Vesting Date"), subject to the Participant's continued employment with Defco or its Subsidiaries on each Vesting Date. 5.1 Change of Control. Notwithstanding the foregoing, upon a Change of Control, all Class B-1 Interests, to the extent not... previously forfeited or terminated, shall immediately vest. View More

Vesting. The Restricted Stock shall become vested as follows: 33.3% of the shares of Restricted Stock shall vest on the first anniversary of the Grant Date; 33.3% of the shares of Restricted Stock shall vest on the second anniversary of the Grant Date; and 33.4% of the shares of Restricted Stock shall vest on the third anniversary of the Grant Date; provided that the Grantee remains in continuous service as a member of the Board through, and has not given or received a notice of termination of such servi...ce as of, the applicable vesting date. Notwithstanding the foregoing, in the event that the Grantee's service as a member of the Board ends on account of the Grantee's death or Disability at any time, all unvested shares of Restricted Stock not previously forfeited shall immediately vest on the date such service ends. View More

Vesting. Except in the event of your Termination of Employment due to death[ or Full Retirement], the incurrence of a Disability, or as otherwise provided in Section 8 of this Agreement relating to a Change in Control, the Restricted Units [and Additional Restricted Units] will vest as follows: [VESTING PROVISIONS CONSISTENT WITH THE PLAN].

Vesting. Except in the event of your death or Disability or as otherwise provided in Section 8 of this Agreement relating to a Change in Control, the Option will become exercisable as follows: [DESCRIBE VESTING PROVISIONS CONSISTENT WITH THE PLAN].

Vesting. The Award shall vest as follows: Substantially equal 25% increments of the RSUs shall vest on each of the following dates as long as Employee continuously remains employed by the Company or its Affiliates through the applicable vesting date: January 31, 2016; January 31, 2017; January 31, 2018 and January 31, 2019. Any RSUs that have not vested shall remain subject to forfeiture under Section 3 of this Agreement.