Example ContractsClausescommencement of exercisabilityVariants
Commencement of Exercisability
Commencement of Exercisability contract clause examples

Required Commencement Date. A Participant’s entire interest will be distributed, or begin to be distributed, to the Participant no later than the Participant’s Required Commencement Date.

Required Beginning Date. The Participant’s entire interest will be distributed, or begin to be distributed, to the Participant no later than the Participant’s Required Beginning Date.

Required beginning date. The Participant's entire interest will be distributed, or begin to be distributed, to the Participant no later than the Participant's "required beginning date."

Required Beginning Date – The entire interest of a participant must be distributed, or begin to be distributed, no later than the participant's required beginning date.

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