Common use of [Time-Vesting Conditions Clause in Contracts

[Time-Vesting Conditions. In addition to the performance-vesting conditions stated above, and except as expressly provided below, as applicable, or as otherwise provided pursuant to the terms of the Plan, once any number of Performance-Based RSUs have been earned in accordance with Section 2(a), the Participant must remain continuously employed with the Company or its Subsidiaries through the following date(s) (each a “Vesting Date”) to become vested in such Performance-Based RSUs (after adjustment for performance): If the number of Performance-Based RSUs vesting is a fractional number, the number vesting will be rounded down to the nearest whole number.]

Appears in 2 contracts

Sources: Performance Based Restricted Stock Unit Award Agreement (NextDecade Corp.), Performance Based Restricted Stock Unit Award Agreement (NextDecade Corp.)