Number of Shares/Vesting. The Company hereby grants to the Award Recipient, on the Grant Date, an Award of shares of Stock (“Common Shares”) under the Plan subject to the vesting schedule and terms and conditions set forth below (the “Restricted Stock”). Subject to earlier termination in accordance with the Plan or this Agreement and the terms and conditions herein, Restricted Stock granted under this Agreement shall vest with respect to 25% of the shares covered hereby on each of the first, second, third and fourth anniversaries of the Grant Date (each, a “Vesting Date”); provided, however, for the avoidance of doubt, that there shall be no proportionate or partial vesting in the periods prior to or between each Vesting Date.
Number of Shares/Vesting. The Company hereby grants to the Award Recipient, on the Grant Date, an Award of _____ shares of Stock (“Common Shares”) under the Plan subject to the vesting schedule and terms and conditions set forth below (the “Restricted Stock”). Subject to earlier termination in accordance with the Plan or this Agreement and the terms and conditions herein, Restricted Stock granted under this Agreement shall vest in full on the first anniversary of the Grant Date (the “Vesting Date”).
Number of Shares/Vesting. The Company hereby grants to the Award Recipient, on the Grant Date, ____ shares of Common Stock under the Plan subject to the vesting schedule and terms and conditions set forth below (the "Restricted Stock"). NUMBER OF SHARES VESTING DATE ---------------- ------------ An additional __ An additional __ Restricted Stock granted under this Agreement shall vest in accordance with the above schedule on the applicable dates listed in the table above (each a "Vesting Date"), if on such Vesting Date the Award Recipient is still employed by the Company or one of its subsidiaries. For avoidance of doubt, there shall be no proportionate or partial vesting in the periods prior to each Vesting Date and vesting shall occur only on the applicable Vesting Date pursuant to this Section 1(a). Upon the Award Recipient's termination of employment with the Company and all of its subsidiaries, the unvested portion of the Restricted Stock shall be forfeited by the Award Recipient and cancelled by the Company. Notwithstanding the foregoing, upon the Award Recipient's termination of employment with the Company and all of its subsidiaries, the Committee may, in its sole and complete discretion, provide for an acceleration of vesting of the Restricted Stock granted under this Agreement.
Number of Shares/Vesting. As set forth in Section I above, the Company has granted the Participant a Restricted Stock Award under the Plan subject to the terms and conditions set forth below. The number of shares of Restricted Stock subject to the Restricted Stock Award may be adjusted from time to time for capitalization adjustments, as provided in Section 22 of the Plan. Subject to the limitations contained herein, the Restricted Stock Award will vest as provided in Section I above, provided that vesting will cease upon the termination of the Participant’s service as a member of the Board of Directors of the Company, except as otherwise provided in Section I above or the Plan. The unvested portion of the Participant’s Restricted Stock Award, after giving effect to the vesting schedule provided in Section I above, will be forfeited by the Participant and cancelled by the Company immediately upon the termination of the Participant’s service as a member of the Board of Directors of the Company.
Number of Shares/Vesting. (1) If a Vesting Date falls on a non-business day, the Restricted Stock Award will vest on the next business day.
Number of Shares/Vesting. Provided that the Profitability Requirement and the Certification Requirement have both been satisfied, the number of Common Shares (if any) that vest hereunder will be determined as follows:
Number of Shares/Vesting. The Company hereby grants to the Award Recipient, on the Grant Date, an Award of _____ Common Shares under the Plan subject to the vesting schedule and terms and conditions set forth below (the “Restricted Stock”). Subject to earlier termination in accordance with the Plan or this Agreement and the terms and conditions herein, Restricted Stock granted under this Agreement shall vest with respect to 33 1/3% of the shares covered hereby on each of the first, second and third anniversaries of the Grant Date (each, a “Vesting Date”); provided, however, that there shall be no proportionate or partial vesting in the periods prior to each Vesting Date.
Number of Shares/Vesting. The Company hereby grants to the Award Recipient, on the Grant Date, Restricted Stock Units relating to 14,743 shares of Stock, subject to the vesting schedule and terms and conditions set forth below (the “Award”). Subject to earlier termination in accordance with this Agreement and the terms and conditions herein, Restricted Stock Units granted under this Agreement shall vest with respect to 25% of the shares of Stock covered hereby on each of the first, second, third, and fourth anniversaries of the Grant Date (each, a “Vesting Date”); provided, that the Award Recipient continues in Service and has not had a Separation from Service on each such Vesting Date; provided, further, for the avoidance of doubt, that there shall be no proportionate or partial vesting in the periods prior to or between each Vesting Date unless otherwise provided under this Agreement, and fractional shares shall be rounded to the nearest whole share but, if applicable, shall be rounded up or down on the last applicable Vesting Date so that the Award Recipient is eligible to vest in the total number of Restricted Stock Units granted under this Agreement (but in no event more than the total number of Restricted Stock Units granted under this Agreement); provided, further, for the avoidance of doubt, that no additional Restricted Stock Units shall vest following the Award Recipient’s Separation from Service.
Number of Shares/Vesting. The Company hereby grants to the Award Recipient, on the Grant Date, Restricted Stock Units relating to 25,478 shares of Stock, subject to the vesting schedule and terms and conditions set forth below (the “Award”). Subject to earlier termination in accordance with the Plan or this Agreement and the terms and conditions herein, Restricted Stock Units granted under this Agreement shall vest with respect to 33-1/3% of the shares of Stock covered hereby on each of the first, second and third anniversaries of the Grant Date (each, a “Vesting Date”) provided that Award Recipient continues in Service and has not had a Separation from Service on each such date; provided further, however, for the avoidance of doubt, that there shall be no proportionate or partial vesting in the periods prior to or between each Vesting Date unless otherwise provided under this Agreement or the Plan; provided further, that for the avoidance of doubt, following Award Recipient’s Separation from Service, no additional Restricted Stock Units shall vest.
Number of Shares/Vesting. The Company hereby grants to the Participant # shares of Common Stock under the Plan, subject to the terms and conditions set forth below (the “Restricted Shares”). The Restricted Shares shall be subject to the following vesting schedule: Date Vesting
