Common use of Time Vesting Shares Clause in Contracts

Time Vesting Shares. If the Date of Termination (as defined below) does not occur during the Restricted Period with respect to any Installment of the Time Vesting Shares, then, at the end of the Restricted Period for such shares, the Participant shall become vested in those Time Vesting Shares, and shall own the shares free of all restrictions otherwise imposed by this Agreement. With respect to all Time Vesting Shares, the “Restricted Period” shall begin on the Grant Date. The “Restricted Period” with respect to each Installment of Time Vesting Shares shown on the schedule shall end on the Vesting Date applicable to such Installment (but only if the Date of Termination has not occurred before the Vesting Date): VESTING DATE APPLICABLE TO INSTALLMENT INSTALLMENT 833 One-Year Anniversary of Grant Date 833 Two-Year Anniversary of Grant Date 834 Three-Year Anniversary of Grant Date

Appears in 2 contracts

Samples: Restricted Stock Agreement (Coinmach Service Corp), Restricted Stock Agreement (Coinmach Service Corp)

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Time Vesting Shares. If the Date of Termination (as defined below) does not occur during the Restricted Period with respect to any Installment of the Time Vesting Shares, then, at the end of the Restricted Period for such shares, the Participant shall become vested in those Time Vesting Shares, and shall own the shares free of all restrictions otherwise imposed by this Agreement. With respect to all Time Vesting Shares, the “Restricted Period” shall begin on the Grant Date. The “Restricted Period” with respect to each Installment of Time Vesting Shares shown on the schedule shall end on the Vesting Date applicable to such Installment (but only if the Date of Termination has not occurred before the Vesting Date): VESTING DATE APPLICABLE TO INSTALLMENT INSTALLMENT 833 2,083 One-Year Anniversary of Grant Date 833 2,083 Two-Year Anniversary of Grant Date 834 2,084 Three-Year Anniversary of Grant Date

Appears in 1 contract

Samples: Restricted Stock Agreement (Coinmach Service Corp)

Time Vesting Shares. If the Date of Termination (as defined below) does not occur during the Restricted Period with respect to any Installment of the Time Vesting Shares, then, at the end of the Restricted Period for such shares, the Participant shall become vested in those Time Vesting Shares, and shall own the shares free of all restrictions otherwise imposed by this Agreement. With respect to all Time Vesting Shares, the “Restricted Period” shall begin on the Grant Date. The “Restricted Period” with respect to each Installment of Time Vesting Shares shown on the schedule shall end on the Vesting Date applicable to such Installment (but only if the Date of Termination has not occurred before the Vesting Date): VESTING DATE APPLICABLE TO INSTALLMENT INSTALLMENT 833 1,666 One-Year Anniversary of Grant Date 833 1,666 Two-Year Anniversary of Grant Date 834 1,668 Three-Year Anniversary of Grant Date

Appears in 1 contract

Samples: Restricted Stock Agreement (Coinmach Service Corp)

Time Vesting Shares. If the Date of Termination (as defined below) does not occur during the Restricted Period with respect to any Installment of the Time Vesting Shares, then, at the end of the Restricted Period for such shares, the Participant shall become vested in those Time Vesting Shares, and shall own the shares free of all restrictions otherwise imposed by this Agreement. With respect to all Time Vesting Shares, the “Restricted Period” shall begin on the Grant Date. The “Restricted Period” with respect to each Installment of Time Vesting Shares shown on the schedule shall end on the Vesting Date applicable to such Installment (but only if the Date of Termination has not occurred before the Vesting Date): VESTING DATE APPLICABLE TO INSTALLMENT INSTALLMENT 833 2,916 One-Year Anniversary of Grant Date 833 2,916 Two-Year Anniversary of Grant Date 834 2,918 Three-Year Anniversary of Grant Date

Appears in 1 contract

Samples: Coinmach Service Corp (Coinmach Service Corp)

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Time Vesting Shares. If the Date of Termination (as defined below) does not occur during the Restricted Period with respect to any Installment of the Time Vesting Shares, then, at the end of the Restricted Period for such shares, the Participant shall become vested in those Time Vesting Shares, and shall own the shares free of all restrictions otherwise imposed by this Agreement. With respect to all Time Vesting Shares, the “Restricted Period” shall begin on the Grant Date. The “Restricted Period” with respect to each Installment of Time Vesting Shares shown on the schedule shall end on the Vesting Date applicable to such Installment (but only if the Date of Termination has not occurred before the Vesting Date): VESTING DATE APPLICABLE TO INSTALLMENT INSTALLMENT 833 8,333 One-Year Anniversary of Grant Date 833 8,333 Two-Year Anniversary of Grant Date 834 8,334 Three-Year Anniversary of Grant Date

Appears in 1 contract

Samples: Restricted Stock Agreement (Coinmach Service Corp)

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