"This award is subject to: […] your continued compliance with your obligations to, and, unless you are over the age of 59 years, your employment by, J.________ or any of its subsidiaries Seite 46/64 or affiliates (collectively, "J.________") at each vesting date; and […] your being so employed when this Award is acknowledged in writing by you. The Award Shares will be issued and earned on the vesting dates as follows:  10 % of the Award Share on or about May 9, 2012 (the 'Issue Date'); and  an additional 15 % of the Award Shares on each of the first six anniversaries of the Issue Date."