Common use of Satisfaction of Vesting Restrictions Clause in Contracts

Satisfaction of Vesting Restrictions. No shares of Common Stock will be issued to you pursuant to your Restricted Stock Unit Award until such shares vest in accordance with the Vesting Schedule indicated in Section 2. As soon as practicable after the date on which shares of Common Stock subject to your Restricted Stock Unit Award vest, the Company will issue to you, free from further vesting restrictions, certificates representing such vested whole shares of Common Stock.

Appears in 3 contracts

Samples: Restricted Stock Unit Award Agreement (Accelrys, Inc.), Restricted Stock Unit Award Agreement (Accelrys, Inc.), Restricted Stock Unit Award Agreement (Accelrys, Inc.)

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Satisfaction of Vesting Restrictions. No shares of Common Stock will be issued to you pursuant to your Restricted Stock Unit Award until such shares vest in accordance with the Vesting Schedule indicated in Section 21. As soon as practicable after the date on which shares of Common Stock subject to your Restricted Stock Unit Award vest, the Company will issue to you, free from further vesting restrictions, certificates representing such vested whole shares of Common Stock.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Accelrys, Inc.)

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