Common use of Immediate Vesting of Restricted Stock Grants Clause in Contracts

Immediate Vesting of Restricted Stock Grants. The Company shall take all appropriate action to such that all shares subject to forfeiture under any RSAs shall become fully vested, and no longer subject to forfeiture in accordance with the terms of such RSAs. The provisions of this Section 8.3(d) shall constitute an amendment to any existing RSAs by and between the Company and the Executive as of the termination date of Executive’s employment with the Company.

Appears in 4 contracts

Samples: Employment Agreement (CYS Investments, Inc.), Employment Agreement (CYS Investments, Inc.), Employment Agreement (CYS Investments, Inc.)

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Immediate Vesting of Restricted Stock Grants. The Company shall take all appropriate action to such that all shares subject to forfeiture under any RSAs restricted stock award agreement (an “RSA”) shall become fully vested, and no longer subject to forfeiture in accordance with the terms of such RSAs. The provisions of this Section 8.3(d8.1(d) shall constitute an amendment to any existing RSAs by and between the Company and the Executive as of the termination date of Executive’s employment with the Company.

Appears in 4 contracts

Samples: Employment Agreement (CYS Investments, Inc.), Employment Agreement (CYS Investments, Inc.), Employment Agreement (CYS Investments, Inc.)

Immediate Vesting of Restricted Stock Grants. The Company shall take all appropriate action to such that all shares subject to forfeiture under any RSAs shall become fully vested, and no longer subject to forfeiture in accordance with the terms of such RSAs. The provisions of this Section 8.3(d) shall constitute an amendment to any existing RSAs by and between the Company and the Executive as of the termination date of Executive’s employment with the Company.

Appears in 1 contract

Samples: Employment Agreement (CYS Investments, Inc.)

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Immediate Vesting of Restricted Stock Grants. The Company shall take all appropriate action to such that all shares subject to forfeiture under any RSAs shall become fully vested, and no longer subject to forfeiture in accordance with the terms of such RSAs. The provisions of this Section 8.3(d8.1(d) shall constitute an amendment to any existing RSAs by and between the Company and the Executive as of the termination date of Executive’s employment with the Company.

Appears in 1 contract

Samples: Employment Agreement (CYS Investments, Inc.)

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