Vesting Date definition: Copy, customize, and use instantly
Introduction
The term "Vesting Date" refers to a specific date on which certain rights, such as stock options, retirement benefits, or ownership stakes, become fully owned or accessible to an individual. This is typically used in the context of employee compensation plans, pensions, or equity grants. The Vesting Date is crucial in determining when the recipient can legally exercise their rights or claim ownership.
Below are various examples of how "Vesting Date" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Vesting Date" for employee stock options
This definition ties "Vesting Date" to employee stock option plans.
"Vesting Date" refers to the date on which the employee becomes fully entitled to exercise the stock options granted under the employee stock option plan.
Definition of "Vesting Date" for retirement benefits
This definition connects "Vesting Date" to the entitlement of retirement benefits.
"Vesting Date" means the date on which the employee gains full rights to the retirement benefits or pension contributions made by the employer.
Definition of "Vesting Date" for equity grants
This definition links "Vesting Date" to equity grants or shares.
"Vesting Date" refers to the date on which the employee becomes the full legal owner of the equity shares granted as part of the compensation package.
Definition of "Vesting Date" for bonus plans
This definition applies "Vesting Date" to the entitlement to bonuses.
"Vesting Date" means the date by which an employee must fulfill the terms and conditions for earning a performance-based bonus.
Definition of "Vesting Date" for profit-sharing plans
This definition connects "Vesting Date" to profit-sharing programs.
"Vesting Date" refers to the date on which the employee becomes fully entitled to receive a share of the profits under the profit-sharing plan.
Definition of "Vesting Date" for retirement contributions
This definition ties "Vesting Date" to contributions made to retirement accounts.
"Vesting Date" means the date on which the employee's rights to employer contributions in the retirement plan are fully vested and non-forfeitable.
Definition of "Vesting Date" for restricted stock units (RSUs)
This definition links "Vesting Date" to the release of restricted stock units.
"Vesting Date" refers to the date on which the restricted stock units granted to the employee become fully vested and can be converted into actual stock.
Definition of "Vesting Date" for deferred compensation
This definition connects "Vesting Date" to deferred compensation arrangements.
"Vesting Date" means the date on which the employee has met the required conditions to receive deferred compensation under the terms of the agreement.
Definition of "Vesting Date" for stock options and performance-based grants
This definition applies "Vesting Date" to performance-based stock options.
"Vesting Date" refers to the date on which stock options, contingent upon achieving specific performance targets, become exercisable.
Definition of "Vesting Date" for executive compensation packages
This definition connects "Vesting Date" to executive compensation.
"Vesting Date" means the date when executives are entitled to exercise or access their compensation, including stock options and equity grants, as specified in the executive compensation agreement.
Definition of "Vesting Date" for employee benefit plans
This definition ties "Vesting Date" to employee benefit entitlement.
"Vesting Date" refers to the specific date when the employee becomes entitled to the full benefits under the employer’s employee benefit plan.
Definition of "Vesting Date" for long-term incentive plans
This definition links "Vesting Date" to long-term incentive compensation.
"Vesting Date" means the date on which the employee is fully vested in the long-term incentive plan benefits, such as stock options or deferred bonuses.
Definition of "Vesting Date" for severance benefits
This definition connects "Vesting Date" to severance pay.
"Vesting Date" refers to the date on which an employee becomes eligible for severance benefits, as outlined in the severance agreement.
Definition of "Vesting Date" for pension plans
This definition ties "Vesting Date" to pension rights.
"Vesting Date" means the date on which the employee has met the required service period to qualify for full pension benefits under the pension plan.
Definition of "Vesting Date" for grant-based awards
This definition connects "Vesting Date" to grant-based incentives.
"Vesting Date" refers to the specific date on which the employee gains full ownership of a grant-based award, such as stock or performance bonuses, according to the grant terms.
Definition of "Vesting Date" for conditional stock options
This definition connects "Vesting Date" to stock options with specific conditions.
"Vesting Date" refers to the date on which the employee gains the right to exercise stock options, contingent upon fulfilling certain conditions set forth in the stock option agreement.
Definition of "Vesting Date" for team-based performance goals
This definition applies "Vesting Date" to team performance criteria.
"Vesting Date" means the date on which an employee or team becomes entitled to performance-based stock options, based on meeting team goals or milestones.
Definition of "Vesting Date" for executive stock grants
This definition ties "Vesting Date" to stock grants for executives.
"Vesting Date" refers to the date on which executives are entitled to fully access and convert stock grants into ownership, according to the terms of their executive stock agreement.
Definition of "Vesting Date" for incentive programs
This definition links "Vesting Date" to incentive-based benefits.
"Vesting Date" means the date on which the employee qualifies for full benefits under an incentive program, such as bonuses or equity-based rewards.
Definition of "Vesting Date" for retirement fund contributions
This definition connects "Vesting Date" to retirement fund plans.
"Vesting Date" refers to the date on which an employee becomes fully vested in the employer's contributions to the employee's retirement fund or pension plan.
Definition of "Vesting Date" for equity-based compensation
This definition applies "Vesting Date" to equity compensation plans.
"Vesting Date" means the date on which equity-based compensation, such as restricted stock or options, becomes fully vested, allowing the employee to exercise their rights.
Definition of "Vesting Date" for alternative investment plans
This definition connects "Vesting Date" to alternative investment schemes.
"Vesting Date" refers to the date on which an employee becomes fully entitled to participate in or claim profits from an alternative investment plan established by the employer.
Definition of "Vesting Date" for grants subject to non-compete conditions
This definition ties "Vesting Date" to grants with non-compete clauses.
"Vesting Date" means the date on which an employee gains full ownership of granted options, subject to compliance with any non-compete or non-disclosure agreements in place.
Definition of "Vesting Date" for sales commission structures
This definition links "Vesting Date" to commission-based earnings.
"Vesting Date" refers to the date when an employee's entitlement to a sales commission becomes fully vested, after meeting specified performance criteria.
Definition of "Vesting Date" for profit-sharing entitlements
This definition applies "Vesting Date" to profit-sharing arrangements.
"Vesting Date" means the date on which an employee becomes entitled to their full share of the profits under a profit-sharing plan.
Definition of "Vesting Date" for leadership development programs
This definition connects "Vesting Date" to leadership benefits.
"Vesting Date" refers to the date on which employees in leadership development programs are entitled to the benefits, stock options, or other incentives tied to the program.
Definition of "Vesting Date" for performance evaluation criteria
This definition ties "Vesting Date" to performance assessments.
"Vesting Date" means the date on which an employee’s stock options or bonuses vest, contingent upon meeting specific performance evaluation criteria.
Definition of "Vesting Date" for workforce longevity incentives
This definition applies "Vesting Date" to long-term employment rewards.
"Vesting Date" refers to the date on which employees become entitled to long-term incentives or benefits, such as retirement contributions, after meeting longevity milestones.
Definition of "Vesting Date" for variable compensation plans
This definition connects "Vesting Date" to variable pay structures.
"Vesting Date" means the date when employees are entitled to receive payments or equity awards under a variable compensation plan based on meeting defined targets.
Definition of "Vesting Date" for deferred salary options
This definition links "Vesting Date" to salary deferrals.
"Vesting Date" refers to the date on which an employee’s deferred salary, bonuses, or equity compensation becomes fully vested and payable, based on the terms of the agreement.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.