Common use of Restricted Stock Vesting Clause in Contracts

Restricted Stock Vesting. Fifty percent of any shares of stock that you have purchased from the Company that remain unvested on the Termination Date will vest on the Termination Date, except for shares that vest solely upon the achievement of a performance objective or objectives or shares that have their vesting accelerate upon the achievement of a performance objective or objectives.

Appears in 4 contracts

Samples: Severance Agreement (Palmsource Inc), Severance Agreement (Palmsource Inc), Amended and Restated Severance Agreement (Palmsource Inc)

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