Sep 28, 2023 08:42
7 mos ago
28 viewers *
English term
Accuracy, expertise & creativity
Native in: French 
Works in: English to French, Portuguese to French
time-vesting
English to French
Law/Patents
Law: Contract(s)
time vesting options
Hello,
I am struggling with the exact terminology for time-vesting options.
Vesting - General
This Option is comprised of Time-Vesting Options and Performance- Vesting Options, each of which is subject to separate vesting terms as set forth below. You cannot vest in more than the number of shares of Stock covered by this option.
Time Vesting- Options
Subject to the terms of the Plan, your right to purchase shares of Stock under your options under this Agreement vests and becomes exercisable as follows: one-half (1/2) of the total number of shares of Stock under the options granted under this Agreement will vest one-fourth (1/4) on each annual anniversary of the Vesting Start Date, provided you then continue in Service (the “Time-Vesting Options”).
So, I am thinking of: Options assorties d'un délai d'acquisition OR options assorties d'une période d'indisponibilité OR période de blocage.
Thanks!
I am struggling with the exact terminology for time-vesting options.
Vesting - General
This Option is comprised of Time-Vesting Options and Performance- Vesting Options, each of which is subject to separate vesting terms as set forth below. You cannot vest in more than the number of shares of Stock covered by this option.
Time Vesting- Options
Subject to the terms of the Plan, your right to purchase shares of Stock under your options under this Agreement vests and becomes exercisable as follows: one-half (1/2) of the total number of shares of Stock under the options granted under this Agreement will vest one-fourth (1/4) on each annual anniversary of the Vesting Start Date, provided you then continue in Service (the “Time-Vesting Options”).
So, I am thinking of: Options assorties d'un délai d'acquisition OR options assorties d'une période d'indisponibilité OR période de blocage.
Thanks!
Proposed translations
(French)
| 3 -1 | Délai d'acquisition |
Sakshi Garg
|
Proposed translations
-1
15 mins
Sakshi Garg
India
India
Native in English
&
French
Specializes in field
India
- Because every word matters
Native in: English (Variants: US, Australian, French, Wales / Welsh, Singaporean, British, New Zealand, Scottish, South African, US South, Canadian, UK, Irish, Indian, Jamaican) , French
Related KudoZ points
:
11
Selected
Délai d'acquisition
Time-Vesting Options : Options assorties d'un délai d'acquisition emphasizes the delay or period before the options can be acquired or exercised. Here, Délai d'acquisition literally means acquisition delay.
Peer comment(s):
| disagree |
Andrew Bramhall
: "délai" is a false friend; although it can mean ' delay', usually it means 'deadline', and delay is more often 'retard'., which is what is meant here
1 hr
|
|
Thank you but I feel 'retard' will be too literal here to fix in this context, thus, I disagree with your comment.
|
|
| agree |
Adrian MM.
: a perfectly good option: https://www2.proz.com/kudoz/english-to-french/bus-financial/...
4 hrs
|
|
Thank you, Adrian :-)
|
|
| neutral |
liz askew
: @ Adrian MM - your reference states nothing regarding "délai"!!
5 hrs
|
| disagree |
Daryo
: yes, it's got to do with "timing" BUT if you want a translation that makes sense in this context you have to look at at the whole of "Time Vesting Options" (N.B. the noun is "OPTIONS", "Time-Vesting" is the attached adjective) AND the definition given.
10 hrs
|
|
No wonder that you have not seen the answer carefully. I mentioned "Options assorties d'un délai d'acquisition" which is the answer for "Time Vesting Options" not just 'Time Vesting'!
|
4 KudoZ points awarded for this answer.
Reference comments
3 hrs
Reference:
see
https://shs.hal.science/file/index/docid/512840/filename/Art...
a- Périodes d’acquisition et d’indisponibilité fiscale.
Les contrats de stock-options sont généralement assortis d’une clause stipulant la suspension de la levée des options
pendant une ou plusieurs périodes postérieurs à leurs dates d’attribution. La pratique des entreprises en matière de
design des plans de stock options consiste à aligner ces périodes dites « d’acquisition » (« Vesting periods ») sur la
période d’indisponibilité fiscale. Ainsi, plus la période d’acquisition des options est longue, plus le salarié est
contraint de reporter sa décision d’exercice
a- Périodes d’acquisition et d’indisponibilité fiscale.
Les contrats de stock-options sont généralement assortis d’une clause stipulant la suspension de la levée des options
pendant une ou plusieurs périodes postérieurs à leurs dates d’attribution. La pratique des entreprises en matière de
design des plans de stock options consiste à aligner ces périodes dites « d’acquisition » (« Vesting periods ») sur la
période d’indisponibilité fiscale. Ainsi, plus la période d’acquisition des options est longue, plus le salarié est
contraint de reporter sa décision d’exercice
Note from asker:
| Merci pour le lien ! |
Discussion
One reference (law insider time-vesting) explains that time vesting means any conditions relating to the passage of time or continued service with the corporation or subsidiary of the corporation for a period of time in respect of a grant, that may be determined.
But you need a translation that would make clear the difference between:
"Time Vesting Options" - where the employee has only to stay employed for a certain period of time to get to right to vest 50 / 75 / 100% of these options - the right comes with the employment, IOW "Time Vesting Options" means "options you get to vest/exercice simply after the passing of some time" nothing more required.
and
"Performance Vesting Options" - that are given ONLY for some level of "performance" - i.e. are not automatic for all employees.
The distinction is in fact between "rights to vest" acquired by simply staying employed and "rights to vest" given to those showing some noteworthy "performance".