Vesting of the Restricted Stock Units. Except as otherwise provided in the Employment Agreement, dated as of November 14, 2012, between the Company and the Grantee, as amended from time to time (the “Employment Agreement”), the Restricted Stock Units shall vest (i.e., become nonforfeitable) in accordance with Appendix A, attached hereto, so long as the Grantee remains in continuous service with the Company through any applicable vesting date. Restricted Stock Units that have vested and are no longer subject to forfeiture are referred herein to as “Vested Units.” Restricted Stock Units that have not yet vested and thus remain subject to forfeiture are referred herein to as “Unvested Units.”
Appears in 2 contracts
Sources: Restricted Stock Unit Agreement (Bally Technologies, Inc.), Restricted Stock Unit Agreement (Bally Technologies, Inc.)