Common use of Restrictions; Vesting Clause in Contracts

Restrictions; Vesting. Except as otherwise provided in paragraphs (3) and (4) below, the Restricted Shares shall vest and become transferable only if you continue in the employment of the Company or any of its subsidiaries up to the applicable vesting dates. The Restricted Shares will vest and become transferable in as follows: (a) 50% will vest on vest date 1; and (b) the remaining 50% of the Award will vest vest date 2. This Letter Agreement constitutes part of a prospectus covering securities that have been registered under the Securities Act of 1933, as amended.

Appears in 1 contract

Samples: First Midwest Bancorp Inc

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Restrictions; Vesting. Except as otherwise provided in paragraphs (3) and (4) below, the Restricted Shares shall vest and become transferable only if you continue in the employment of the Company or any of its subsidiaries up to the applicable vesting dates. The Restricted Shares will vest and become transferable in as follows: (a) 50% will vest on vest date 1; and (b) the remaining 50% of the Award will vest vest date 2. This Letter Agreement constitutes part of a prospectus covering securities that have been registered under the Securities Act of 1933, as amended.

Appears in 1 contract

Samples: First Midwest Bancorp Inc

Restrictions; Vesting. Except as otherwise provided in paragraphs (3) and (4) below, the Restricted Shares shall vest and become transferable only if you continue in the employment of the Company or any of its subsidiaries up to the applicable vesting datesCompany. The Restricted Shares will vest and become transferable in as follows: (a) 50% will vest on vest date 1August 16, 2007; and (b) the remaining 50% of the Award will vest vest date 2. This Letter Agreement constitutes part of a prospectus covering securities that have been registered under the Securities Act of 1933August 16, as amended2008.

Appears in 1 contract

Samples: August 16 (First Midwest Bancorp Inc)

Restrictions; Vesting. Except as otherwise provided in paragraphs (3) and (4) below), the Restricted Shares shall vest and become transferable only if you continue in the employment of the Company or any of its subsidiaries up to through the applicable vesting dates. The Restricted Shares will vest and become transferable in as follows: (a) 50% will vest on vest date [Vest Date 1]; and (b) the remaining 50% of the Award will vest vest date on [Vest Date 2. This Letter Agreement constitutes part of a prospectus covering securities that have been registered under the Securities Act of 1933, as amended].

Appears in 1 contract

Samples: First Midwest Bancorp Inc

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Restrictions; Vesting. Except as otherwise provided in paragraphs (3) and (4) below), the Restricted Shares shall vest and become transferable only if you continue in the employment of the Company or any of its subsidiaries up to through the applicable vesting dates. The Restricted Shares will vest and become transferable in as follows: (a) 50% will vest on vest date 1[VEST 1 DATE]; and (b) the remaining 50% of the Award will vest vest date 2. This Letter Agreement constitutes part of a prospectus covering securities that have been registered under the Securities Act of 1933, as amendedon [VEST 2 DATE].

Appears in 1 contract

Samples: First Midwest Bancorp Inc

Restrictions; Vesting. Except as otherwise provided in paragraphs (3) and (4) below), the Restricted Shares shall vest and become transferable only if you continue in the employment of the Company or any of its subsidiaries up to through the applicable vesting dates. The Restricted Shares will vest and become transferable in as follows: (a) 50% will vest on vest date 1[DATE+2]; and (b) the remaining 50% of the Award will vest vest date 2on [DATE+3]. This Letter Award Agreement constitutes part of a prospectus covering securities that have been registered under the Securities Act of 1933, as amended.

Appears in 1 contract

Samples: First Midwest Bancorp Inc

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