Lapse of Forfeiture Restrictions. The Forfeiture Restrictions shall lapse as to 100% of the Restricted Shares on the third anniversary of the Grant Date, provided that the Employee has been continuously employed by the Company from the date of this Agreement through such lapse date. Notwithstanding the foregoing:
Appears in 9 contracts
Samples: Restricted Stock Award Agreement (Dynegy Inc.), Restricted Stock Award Agreement (Dynegy Inc.), Restricted Stock Award Agreement (Dynegy Inc.)
Lapse of Forfeiture Restrictions. The Forfeiture Restrictions shall lapse as to 100% of the Restricted Shares in three equal annual installments on the third anniversary anniversaries of the Grant DateDate as follows, provided that the Employee has been continuously employed by the Company from the date of this Agreement through such lapse date. Notwithstanding the foregoing:
Appears in 3 contracts
Samples: Restricted Stock Award Agreement (Dynegy Inc.), Restricted Stock Award Agreement (Dynegy Inc.), Restricted Stock Award Agreement (Dynegy Inc /Il/)
