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One-Year Minimum Vesting for Equity Awards and the 'Directors Compensation Year'
Winston & Strawn LLP, via Lexology; free registration required Link to more items from this source
Feb. 28, 2018

"ISS is 'requiring' that equity incentive plans provide a one-year minimum vesting period for all awards. The plan's language must preclude the possibility of awards vesting prior to one-year from the grant date.... ISS allows that the approximately 12-month period between regular annual shareholders meetings will satisfy its requirement, even if slightly less than 365 days."

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