Service-Based Vesting. The Executive will vest in 50% of the Restricted Stock (and the Retained Distributions, if any, related thereto) on the second anniversary hereof if the Executive has been employed with the Company continuously from the date hereof to such date. The Executive will vest in an additional 25% of the Restricted Stock (and the Retained Distributions, if any, related thereto) on the third anniversary hereof if the Executive has been employed with the Company continuously from the date hereof to such date. The Executive will vest in the last 25% of the Restricted Stock (and the Retained Distributions, if any, related thereto) on the last date of the Restricted Period if the Executive has been employed with the Company continuously from the date hereof to such date.
Appears in 4 contracts
Samples: Employment Agreement (Datalink Corp), Employment Agreement (Datalink Corp), Employment Agreement (Datalink Corp)
