Sentence examples for does not vest from inspiring English sources
If the option does not vest, Rodriguez's contract calls for a $3.5 million buyout.
Included is a $5.5 million buyout if the option does not vest.
If the option does not vest, Rodriguez would still get a $3.5 million buyout from the Mets for 2012.
That is, that this election contest statute does not vest within the judiciary the authority to review votes that were properly cast but never counted.
It will also, as David Anderson QC, the independent reviewer of terrorism legislation, has noted, make the UK the only state in the Five Eyes alliance (which includes the US, Canada, Australia and New Zealand) that does not vest the power to approve surveillance activities in the judiciary.
Restricted stock granted in 2006 is tied to annual net income growth and does not vest until 2011; stock appreciation rights (similar to stock options), also granted in 2006, are linked to three-year earnings-per-share growth and vest only this year.
Firms might be obliged to hold some, or all, of their traders' bonuses in escrow accounts for a period of some years, or to give executive bonuses in the form of restricted stock that doesn't vest for five or ten years.
One reason, he said, is that matches usually do not vest immediately, so they are not available to be withdrawn.
These are theoretically worth £486,312 at ITV's current share price, although these do not vest until March 2014.
The shares, which were awarded to Highfield on 11 November at a share price of 4.77p, do not vest until 11 November 2014.
