Vested

Vested. With respect to any Unit, means any Class D Unit which is the subject of any award at such time or times that all vesting and forfeiture provisions as the Committee shall have specified in this Plan, or in any applicable Certificate, shall have lapsed. Approved as of October 21, 2003 -5-

Vested. And similar terms shall mean the number of Option Shares which have become nonforfeitable and the portion of an Award on which the Restrictions have lapsed; provided, further, and without limitation, that the lapse of Restrictions based on the attainment of performance objectives may also be a Vesting event to the extent provided in the Award.

Vested. That portion of the Award to which the Director has a nonforfeitable right.

Vested. The total shares represented by this option shall become vested, and capable of being exercised with the passage of time as follows: 58% immediately upon the delivery of this Option plus 6% per month on the last day of each of the successive months through August 31, 2008, provided the Holder is still employed by the Company at the time of each vesting amount; provided, however, the remaining unvested options shall vest immediately in the event there is a Change of Control of the Company and... the Holder was employed by the Company immediately prior to such Change of Control View More

Vested. That portion of the Award to which the Employee has a nonforfeitable right

Vested. Means that portion of a Grant with respect to which the Vesting Date has arrived or passed.

Vested. Shall mean those Warrants which are fully owned by the Holder and not Subject to Forfeiture. These Warrants shall vest ratably on a monthly basis over a 60-month term (i.e. 16,667 per month) commencing on April 26, 2007, but shall Vest in full earlier if IFHR achieves $7.5 million in quarterly revenue as reported in its periodic SEC filings and $720,000 in quarterly EBITDA as reported in its periodic SEC filings and IFHR successfully refinances its existing debt on terms suitable to IFHR's... Chairman in his sole discretion. View More

Vested. Shall mean those Warrants which are fully owned by the Holder and not Subject to Forfeiture.

Vested. ", when used with reference to an Award shall mean vested and nonforfeitable, as provided in the Plan.

Vested. Shall mean that portion of an Option that an Optionee shall be entitled to retain in the event such Optionee's Continuous Status as an Employee or Consultant shall have been terminated and such Option shall have previously become exercisable; vested Options may not be exercised until they become exercisable.