AND FORFEITURES Sample Clauses

AND FORFEITURES. 8-1 CONTRIBUTIONS SUBJECT TO VESTING. Does the Plan provide for Employer Contributions under AA §6 or Matching Contributions under AA §6B that are subject to vesting? 🗹 Yes 🞎 No [If “No” is checked, skip to Section 9.] [Note: “Yes” should be checked under this AA §8-1 if the Plan provides for Employer Contributions and/or Matching Contributions that are subject to a vesting schedule, even if such contributions are always 100% vested under AA §8-2. “No” should be checked if the only contributions under the Plan are Salary Deferrals, and/or After-Tax Employee Contributions.] 8-2 VESTING SCHEDULE. The vesting schedule under the Plan is as follows for both Employer Contributions and Matching Contributions, to the extent authorized under AA §6 and AA §6B. (See Section 7.02 of the Plan for a description of the various vesting schedules under this AA §8-2.) 🗹 (a) Vesting schedule for Employer Contributions and Matching Contributions: ER Match 🗹 🞎 (1) Full and immediate vesting 🞎 🞎 (2) 3-year cliff vesting schedule 🞎 🞎 (3) 5-year graded vesting schedule 🞎 🞎 (4) 6-year graded vesting schedule 🞎 🞎 (5) Modified vesting schedule % after 1 Year of Service % after 2 Years of Service % after 3 Years of Service % after 4 Years of Service % after 5 Years of Service % after 6 Years of Service % after 7 Years of Service % after 8 Years of Service % after 9 Years of Service % after 10 Years of Service
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AND FORFEITURES. The Restricted Period shall begin on the Grant Date, and end on the third anniversary thereof (the "Vesting Date"). As of the Vesting Date, the amount of such Restricted Stock which will vest will be determined by reference to the Company's TRS Percentile (as defined below) for the three-year period preceding such Vesting Date in accordance with the following schedule: ======================================================== ================== Company's TRS Percentile for Three-Year Period Prior to Shares Vested on Vesting Date Such Vesting Date -------------------------------------------------------- ------------------ 70% or Higher 10,500 Above 60% to 70% 8,400 Above 50% to 60% 6,300 Above 40% to 50% 4,200 40% and below 0 ======================================================= ==================
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AND FORFEITURES. Complete Parts A through B Part A. Vesting Schedule For Employer Profit Sharing Contributions A Participant will become Vested in the portion of their Individual Account derived from Employer Profit Sharing Contributions, if applicable, made pursuant to Section Three of the Adoption Agreement as follows. YEARS OF VESTING
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AND FORFEITURES. Sample Document
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AND FORFEITURES. 8-1 CONTRIBUTIONS SUBJECT TO VESTING. Does the Plan provide for Employer Contributions under AA §6 or Matching Contributions under AA §6B that are subject to vesting?  Yes  No [If “No” is checked, skip to Section 9.] [Note: “Yes” should be checked under this AA §8-1 if the Plan provides for Employer Contributions and/or Matching Contributions that are subject to a vesting schedule, even if such contributions are always 100% vested under AA §8-2. “No” should be checked if the only contributions under the Plan are Salary Deferrals, and/or After-Tax Employee Contributions.] 8-2 VESTING SCHEDULE. The vesting schedule under the Plan is as follows for both Employer Contributions and Matching Contributions, to the extent authorized under AA §6 and AA §6B. (See Section 7.02 of the Plan for a description of the various vesting schedules under this AA §8-2.)  (a) Vesting schedule for Employer Contributions and Matching Contributions: ER Match   (1) Full and immediate vesting   (2) 3-year cliff vesting schedule   (3) 5-year graded vesting schedule   (4) 6-year graded vesting schedule
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AND FORFEITURES a. Requirements for Participants who are actively employed at the end of the Plan Year.
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AND FORFEITURES. There are no elections required for Section Four. There are no elections required for Section 4. Refer to the Basic Plan Document for information regarding this Section.
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Related to AND FORFEITURES

  • Restrictions and Forfeiture (i) All Class B Units when issued shall be subject to forfeiture and shall constitute “Restricted Class B Units” and shall remain subject to forfeiture as provided in this Section 16.2(a) until the requirements of this Section 16.2(a) have been satisfied.

  • Vesting and Forfeiture Any Award which has become payable pursuant to the performance measures set forth in Section 4 shall be considered as fully earned by you, subject to the further provisions of this Section 3. Notwithstanding any other provision of this Award Agreement to the contrary, any Award will be forfeited back to Tyson in the event of: (i) your Termination of Employment before the Vesting Date, except as otherwise provided in Sections 3.2 through 3.4, or (ii) the failure to satisfy any of the performance measures provided in Section 4.

  • Restrictions; Forfeiture The Restricted Shares are restricted in that they may not be sold, transferred or otherwise alienated or hypothecated until these restrictions are removed or expire as described in Section 5 or 6 of this Agreement. The Restricted Shares are also restricted in the sense that they may be forfeited to the Company (the “Forfeiture Restrictions”). You hereby agree that if the Restricted Shares are forfeited, as provided in Section 6, the Company shall have the right to deliver the Restricted Shares to the Company’s transfer agent for, at the Company’s election, cancellation or transfer to the Company.

  • Allocation of Forfeitures NOTE: Subsections (a), (b) and (c) below apply to forfeitures of amounts other than Excess Aggregate Contributions.

  • Vesting; Forfeiture Subject to the terms and conditions of this Agreement and provided that the Participant continues to provide services until the Vesting Date (as defined below):

  • Forfeiture Unless otherwise specified in the Vesting Agreement, upon the occurrence of any event specified in a Vesting Agreement as resulting in either the right of the Partnership or the General Partner to repurchase LTIP Units at a specified purchase price or some other forfeiture of any LTIP Units, then if the Partnership or the General Partner exercises such right to repurchase or forfeiture in accordance with the applicable Vesting Agreement, the relevant LTIP Units shall immediately, and without any further action, be treated as cancelled and no longer outstanding for any purpose. Unless otherwise specified in the Vesting Agreement, no consideration or other payment shall be due with respect to any LTIP Units that have been forfeited, other than any distributions declared with respect to a Partnership Record Date prior to the effective date of the forfeiture. In connection with any repurchase or forfeiture of LTIP Units, the balance of the portion of the Capital Account of the LTIP Unitholder that is attributable to all of his or her LTIP Units shall be reduced by the amount, if any, by which it exceeds the target balance contemplated by Section 5.01(g) hereof, calculated with respect to the LTIP Unitholder’s remaining LTIP Units, if any.

  • Risk of Forfeiture Participant shall immediately forfeit all rights to any shares of the Restricted Stock which have not vested and with respect to which the restrictions thereon have not lapsed in the event of the termination, resignation, or removal of Participant from Employment with the Company or any Affiliate under circumstances that do not cause Participant to become fully vested, and the restrictions on such shares of Restricted Stock to lapse, under the terms of the Plan.

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