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A 2-to-1 decision of the United States Court of Appeals for the Federal Circuit overturned the ruling on the ground that the closest Supreme Court precedent, a 1980 ruling on judicial pay in the case of United States v. Will, treated judicial pay increases as not "vesting" for constitutional purposes until judges had started receiving the money.
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Note that it is still consistent with myopia theories: boards ensure that options do not vest while investment opportunities are strong because they believe that vesting equity induces myopia.
My interest is not vested.
The shares do not vest until 2015 and 2016.
He also received 30,000 stock options, which are not vested.
If the option does not vest, Rodriguez's contract calls for a $3.5 million buyout.
"We're not vested in having patients refuse treatment," Dr. O'Mahony said.
Included is a $5.5 million buyout if the option does not vest.
Executive Order No. 9835 did not vest any additional authority in the heads of administrative agencies to discharge employees.
One reason, he said, is that matches usually do not vest immediately, so they are not available to be withdrawn.
If the option does not vest, Rodriguez would still get a $3.5 million buyout from the Mets for 2012.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com