Common use of Vesting and Delivery Dates Clause in Contracts

Vesting and Delivery Dates. The DSUs issued under this Agreement shall initially be 100% unvested and subject to forfeiture. Subject to this Section 1(b), the DSUs shall become vested as follows: Immediately after 1/3 Immediately after Additional 1/3 Immediately after Additional 1/3 The DSUs shall become vested on the vesting date only if Director continues to be a director of the Company immediately after adjournment of the referenced annual meeting. The delivery date for the DSU shall be the date on which Director ceases to be a director for any reason, including death, resignation or termination of Director’s term without re-election, unless deferred pursuant to Section 1(h).

Vesting and Delivery Dates. The DSUs issued under this Agreement shall initially be 100% unvested and subject to forfeiture. Subject to this Section 1(b), the DSUs shall become vested as follows: Vesting Date Portion of DSUs subject to this Agreement Immediately after 1/3 Immediately after Additional 1/3 Immediately after Additional 1/3 The DSUs shall become vested on the vesting date only if Director continues to be a director of the Company immediately after adjournment of the referenced annual meeting. The delivery date for the DSU shall be the date on which Director ceases to be a director for any reason, including death, resignation or termination of Director’s term without re-election, unless deferred pursuant to Section 1(h).