Common use of Expiration of Restrictions and Risk of Forfeiture Clause in Contracts

Expiration of Restrictions and Risk of Forfeiture. The restrictions on the Restricted Shares described in Section 4 of this Agreement will expire and the Restricted Shares will become transferable and nonforfeitable, provided that, subject to Section 6, you remain in the employ of, or a service provider to, the Company or its Affiliates until the applicable dates set forth in the following schedule: Number of Restricted Shares that Vest Vesting Date

Appears in 4 contracts

Samples: Restricted Stock Agreement (Riley Exploration - Permian, LLC), Restricted Stock Agreement (Ranger Energy Services, Inc.), Restricted Stock Agreement (Riley Exploration - Permian, LLC)

AutoNDA by SimpleDocs

Expiration of Restrictions and Risk of Forfeiture. The restrictions on the Restricted Shares described in Section 4 of this Agreement will expire and the Restricted Shares will become transferable and nonforfeitable, provided that, subject to Section 66(b), you remain in the employ of, or a service provider to, the Company or its Affiliates until the applicable dates set forth in the following schedule: Number of Restricted Shares that Vest Vesting Date

Appears in 4 contracts

Samples: Restricted Stock Agreement (Cactus, Inc.), 2016 Long Term Incentive Plan (WildHorse Resource Development Corp), Restricted Stock Agreement (Cactus, Inc.)

Expiration of Restrictions and Risk of Forfeiture. The restrictions on the Restricted Shares described in granted pursuant to Section 4 of this Agreement will expire and the Restricted Shares will become transferable transferable, except to the extent provided in Section 13 of this Agreement, and nonforfeitable, provided that, subject to Section 6, that you remain in the employ of, or a service provider to, the Company or its Affiliates Subsidiaries until the applicable dates set forth in the following schedule: Number of Shares of Restricted Shares that Vest Vesting Date

Appears in 2 contracts

Samples: Restricted Stock Grant and Award Agreement (RSP Permian, Inc.), Restricted Stock Grant and Award Agreement (RSP Permian, Inc.)

Expiration of Restrictions and Risk of Forfeiture. The restrictions on the Restricted Shares described in Section 4 of this Agreement will expire and the Restricted Shares will vest and become transferable and nonforfeitable, provided that, subject to Section 6, you remain in the employ of, or a service provider to, the Company or its Affiliates until the applicable dates set forth in the following schedule: Number of Restricted Shares that Vest Vesting Date:

Appears in 1 contract

Samples: Substitute Restricted Stock Agreement (Riley Exploration Permian, Inc.)

Expiration of Restrictions and Risk of Forfeiture. The restrictions on the Restricted Shares described in Section 4 of this Agreement will expire and the Restricted Shares will become transferable and nonforfeitable, provided that, subject to Section 6, that you remain in the employ of, or a service provider to, to the Company or its Affiliates until the applicable dates set forth in the following schedule: Number of Restricted Shares that Vest Vesting DateDate [No. of Shares] August 1, 2024

Appears in 1 contract

Samples: Restricted Stock Agreement for Directors (Ranger Energy Services, Inc.)

Expiration of Restrictions and Risk of Forfeiture. The restrictions on the Restricted Shares described in Section 4 of this Agreement will expire and the Restricted Shares will become transferable and nonforfeitable, provided that, subject to Section 6, you remain in the employ of, or a service provider to, the Company or its Affiliates until the applicable dates set forth in the following schedule: Number of Restricted Shares that Vest Vesting DateDate [●] [●] [●] [●] [●] [●]

Appears in 1 contract

Samples: Ranger Energy Services (Ranger Energy Services, Inc.)

Expiration of Restrictions and Risk of Forfeiture. The restrictions on the Restricted Shares described in Section 4 of this Agreement will expire and the Restricted Shares will become transferable and nonforfeitable, provided that, subject to Section 66(b), you remain in the employ of, or a service provider to, the Company or its Affiliates until the applicable dates set forth in the following schedule: Number of Restricted Shares that Vest Vesting DateDate One-third First anniversary One-third Second anniversary One-third Third anniversary

Appears in 1 contract

Samples: Restricted Stock Agreement (Solaris Oilfield Infrastructure, Inc.)

AutoNDA by SimpleDocs

Expiration of Restrictions and Risk of Forfeiture. The restrictions on the Restricted Shares described in Section 4 of this Agreement will expire and the Restricted Shares will become transferable and nonforfeitable, provided that, subject to Section 6, that you remain in the employ of, or a service provider to, to the Company or its Affiliates until the applicable dates set forth in the following schedule: Number of Restricted Shares that Vest Vesting Date

Appears in 1 contract

Samples: Restricted Stock Agreement (Ranger Energy Services, Inc.)

Expiration of Restrictions and Risk of Forfeiture. The restrictions on the Restricted Shares described in Section 4 of this Agreement will expire and the Restricted Shares will vest and become transferable and nonforfeitable, provided that, subject to Section 6, you remain in the employ of, or a service provider to, the Company or its Affiliates until the applicable dates set forth in the following schedule: Number of Restricted Shares that Vest Vesting Date

Appears in 1 contract

Samples: Restricted Stock Agreement (Riley Exploration Permian, Inc.)

Expiration of Restrictions and Risk of Forfeiture. The Except as otherwise set forth in Section 6, the restrictions on the Restricted Shares described in Section 4 of this Agreement will expire and the Restricted Shares will become transferable and nonforfeitable, provided thataccording to the following schedule, subject to Section 6, you remain in so long as the employ of, or a service provider to, Participant remains continuously employed by the Company or its Affiliates until an Affiliate from the applicable dates Date of Grant through each vesting date set forth in the following schedulebelow: Number of Restricted Shares that Vest Vesting Date

Appears in 1 contract

Samples: Restricted Stock Agreement (Brigham Minerals, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.