Performance Restricted Stock Award. Subject to, and pursuant to, all terms and conditions stated in this Agreement and in the Plan, as of the Grant Date, the Company hereby makes a Performance Restricted Stock Award to Grantee in the form of shares of performance-based Restricted Stock (“Performance Shares”). The target number of Performance Shares covered by this Agreement (the “Target Award”) is set forth on Exhibit A hereto. To the extent that Grantee vests in greater than one hundred percent (100%) of the Performance Shares, additional Shares shall be issued to Grantee.
Performance Restricted Stock Award. On the terms and conditions and subject to the restrictions, including forfeiture, hereinafter set forth, the Company hereby awards to Employee as of the Effective Date, and Employee hereby accepts, a performance-based restricted stock award (the “Performance Award”) of shares (the “Performance Restricted Shares”) of common stock of the Company. The Performance Restricted Shares shall be issued in book-entry or stock certificate form in the name of Employee as of the Effective Date. The Performance Restricted Shares shall be held by the Company in escrow for Employee’s benefit until such time as the Performance Restricted Shares are either forfeited by Employee to the Company or the restrictions thereon terminate as set forth in this Agreement. Employee shall not retain physical custody of any certificates representing Performance Restricted Shares issued to Employee until such time as the restrictions on such Performance Restricted Shares terminate as set forth in this Agreement. Employee, by acceptance of the Performance Award, shall be deemed to appoint, and does so appoint, the Company and each of its authorized representatives as Employee’s attorney(s)-in-fact to effect any transfer of forfeited Performance Restricted Shares to the Company as may be required pursuant to the Plan or this Agreement, and to execute such representations or other documents or assurances as the Company or such representatives deem necessary or advisable in connection with any such transfer. To the extent allowable by applicable law, the Company, or its designee, shall not be liable for any act it may do or omit to do with respect to holding the Performance Restricted Shares in escrow while acting in good faith in the exercise of its judgment.
Performance Restricted Stock Award. The Performance Restricted Stock Award shall vest in four (4) installments of 31,250 shares each, on the March 15th following each of the calendar years 2011, 2012, 2013 and 2014 (each such calendar year, a “Performance Period”), provided that, except as otherwise provided in Section 5.4, as a condition of vesting of any particular installment of the Performance Restricted Stock Award, the Executive must remain continuously employed by the Company from the Commencement Date through the end of the relevant Performance Period and the Performance Objectives for the Performance Period at the minimum fifty percent (50%) target level under Section 4.2, above, must have been achieved.
Performance Restricted Stock Award. Employee shall receive an award of 13,000 performance restricted shares of Thermo Fxxxxx Scientific Inc. Common Stock pursuant to the Thermo Fxxxxx Scientific Inc. 2005 Equity Incentive Plan, as amended and restated on November 9, 2006, on the terms set forth in the Performance Restricted Stock Agreement attached hereto as Exhibit A-3.
Performance Restricted Stock Award. On the terms and conditions and subject to the restrictions, including forfeiture, hereinafter set forth, the Company hereby awards to Employee as of the Effective Date, and Employee hereby accepts, a performance-based restricted stock award (the “Performance Award”) of __________ shares (the “Performance Restricted Shares”) of common stock, par value $0.01 per share, of the Company. The Performance Restricted Shares shall be issued in book-entry or stock certificate form in the name of Employee as of the Effective Date and delivered to Employee on the Effective Date or as soon thereafter as practicable. Employee shall take all such action as may be requested by the Company to cause the Performance Restricted Shares to be deposited with the Company, together with any executed stock powers and/or other instruments of transfer reasonably requested by the Company, to be held by the Company in escrow for Employee’s benefit until such time as the Performance Restricted Shares are either forfeited by Employee to the Company or the restrictions thereon terminate as set forth in this Agreement.
Performance Restricted Stock Award. Under and pursuant to the Cincinnati Bxxx Inc. 1997 Long Term Incentive Plan (the “Plan”), the Compensation Committee of the Company’s Board of Directors (the “Committee”) hereby, on behalf of the Company, awards to the Employee as of the effective date of this Agreement ________ shares of common stock of the Company (the “Award Shares”). Any Award Shares shall be restricted in that they may not be sold, assigned, transferred, pledged, or otherwise encumbered and shall be subject to forfeiture in accordance with the terms of this Agreement (all such restrictions being referred to herein as the “Restrictions”) until, unless, and to the extent the Restrictions lapse under the terms of this Agreement.
Performance Restricted Stock Award. During the Company’s 2016 fiscal year, the Company will grant to you (so long as you are employed by the Company at the time it grants its annual equity awards) an award of restricted shares of Parent’s common stock. The award will be granted under the Plan, and the terms and conditions of the award (including without limitation vesting schedule and performance metrics) will be determined by the Compensation Committee of Parent’s Board of Directors. The target number of shares of Parent common stock subject to the award will equal $500,000 divided by the closing price of a share of Parent’s common stock on The Nasdaq Stock Market on the last trading day prior to the date of grant of the award.
