Common use of Restricted Stock Award Agreement Clause in Contracts

Restricted Stock Award Agreement. Each Restricted Stock Award shall be evidenced by an Award Agreement that contains any vesting, transferability restrictions and other provisions not inconsistent with the Plan as the Committee may specify. Unless the forfeiture restrictions of such Restricted Stock Award otherwise lapse in accordance with this Plan or the Award Agreement, the forfeiture provisions of each Restricted Stock Award granted under the Plan shall survive for a minimum of at least one (1) year.

Appears in 1 contract

Samples: Rex Energy Corp

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