Common use of Normal Vesting Clause in Contracts

Normal Vesting. Subject to acceleration as provided in Section 3.2, this Option shall vest in equal parts on 1st, 2nd and 3rd anniversary dates of this Agreement.

Appears in 8 contracts

Sources: Director Award Agreement (Efunds Corp), Option Award Agreement (Efunds Corp), 2006 Award Agreement (Efunds Corp)

Normal Vesting. Subject to acceleration as provided in Section 3.2, this Option shall vest in equal parts 60% on 1st, 2nd and the 3rd anniversary dates of this Agreement, and 20% on each of the 4th and 5th anniversaries of this Agreement.

Appears in 1 contract

Sources: 2005 Award Agreement (Efunds Corp)

Normal Vesting. Subject to acceleration as provided in Section 3.2, this Option shall vest in equal parts on 1st, 2nd and 3rd anniversary dates anniversaries of this Agreementthe Award Date.

Appears in 1 contract

Sources: Option Award Agreement (Efunds Corp)

Normal Vesting. Subject to acceleration as provided in Section 3.2, this the Option shall vest in equal parts on 1st, 2nd the 3rd and 3rd 4th anniversary dates of this Agreement.

Appears in 1 contract

Sources: Retention Option Award Agreement (Efunds Corp)