Regular Vesting Schedule. Subject to the provisions of this Agreement and except as provided in Section 5 of the Employment Agreement, the Option shall become vested and exercisable, and all restrictions shall lapse with respect to the Restricted Stock, in each case, in thirty-six (36) equal monthly installments commencing on the date which is one month following the Effective Date.
Appears in 4 contracts
Samples: Restricted Stock and Stock Option Award Agreement (Rite Aid Corp), Rite Aid Corporation Restricted Stock and Stock Option Award Agreement (Rite Aid Corp), Restricted Stock and Stock Option Award Agreement (Rite Aid Corp)
