Vesting

Vesting. Or "vesting" or derivations thereof with respect to any Option issued under this Agreement, means receiving the right to exercise the Option.

Vesting. Or "Vested" shall mean the date on which the Holder can purchase shares pursuant to the Warrant. The Warrant shall be Vested as follows: (i) 300,000 shares shall vest on the first day of the third year following the date hereof and 300,000 shares shall vest on each anniversary thereof until all shares are fully vested; (iii) all shares underlying the Warrant shall vest on the date on which Biovest sells all or substantially all of its assets or (iv) the number of shares which Holder is entitled... to include in a Piggy-Back Registration Statement under the Piggy-Back Registration Rights granted hereunder shall vest on the effective date of such Piggy–Back Registration Statement. View More

Vesting. Or "Vested" shall mean the date on which the Holder can purchase shares pursuant to the Warrant. Vesting as to 60,000 shares shall occur on the date of grant. Vesting as to the remaining 40,000 shares shall occur upon the date on which an affiliate of Telesis CDE Corporation provides, or arranges for, a sub allocation of New Markets Tax Credits in the minimum amount of $12 million which results in a New Markets financing transaction for the benefit of Biovest International, Inc or Biovax,... Inc. within 90 days from the date hereof (the "2nd Suballocation Event"). View More

Vesting. The occurrence of an event which shall entitle a participant in the 2000 Plan to exercise his or her rights under any Award, subject to the terms and provisions of the 2000 Plan and "vested" and "unvested" in relation to any Shares or Options shall be construed accordingly.

Vesting. The nonforfeitable right to payment of Plan benefits, other than in the event of Termination for Cause.

Vesting. Your option will vest as provided in your Grant Notice. Vesting will cease upon the termination of your Continuous Service.

Vesting. The term "vest" as used herein with respect to any Restricted Stock Unit means the lapsing of the restrictions described herein with respect to such Restricted Stock Unit. Restricted Stock Units shall only vest, and shares of Stock shall only be issued to the Grantee in respect of such Restricted Stock Units, to the extent that both the performance-based vesting conditions and time-based vesting conditions set forth below are satisfied.

Vesting. All of your Short-Term RSUs are Vested. When an RSU is Vested, it means only that your continued active Employment is not required for delivery of that portion of RSU Shares. Vesting does not mean you have a non-forfeitable right to the Vested portion of your Award. The terms of this Award Agreement (including conditions to delivery) continue to apply to Vested Short-Term RSUs, and you can still forfeit Vested Short-Term RSUs and any RSU Shares.

Vesting. All of your Fixed Allowance Restricted Shares are Vested. When a Fixed Allowance Restricted Share is Vested, it means that your continued active Employment is not required for that portion of Restricted Shares to become fully transferable without risk of forfeiture. The terms of this Award Agreement (including any applicable Transfer Restrictions) continue to apply to Vested Fixed Allowance Restricted Shares.