Common use of Vesting and Lapse of Restrictions Clause in Contracts

Vesting and Lapse of Restrictions. Subject to Sections 2.2, 2.4 and 2.6, each share of Restricted Stock shall not be transferable until such share becomes vested pursuant to this Section. The shares shall vest in accordance with the following schedule (each a “Vesting Date”):

Appears in 2 contracts

Samples: Restricted Stock Agreement (Chay Enterprises, Inc.), Restricted Stock Agreement (Chay Enterprises, Inc.)

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Vesting and Lapse of Restrictions. Subject to Sections 2.2, 2.4 and 2.6, each share of Restricted Stock shall not be transferable until such share becomes vested pursuant to this Section. The shares shall vest in accordance with the following schedule (each a “Vesting Date”):following:

Appears in 1 contract

Samples: Restricted Stock Agreement (Emdeon Corp)

Vesting and Lapse of Restrictions. Subject to Sections 2.2, 2.4 and 2.6, each share of Restricted Stock shall not be transferable until such share becomes vested pursuant to this Section. The shares shall vest in accordance with the following schedule (each a "Vesting Date"):

Appears in 1 contract

Samples: Restricted Stock Agreement (Lev Pharmaceuticals Inc)

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Vesting and Lapse of Restrictions. Subject to Sections 2.2, 2.4 and 2.6, each share of Restricted Stock shall not be transferable until such share becomes vested pursuant to this Section. The shares shall vest in accordance with the following schedule (each a the “Vesting Date”):): 100% of the shares of Restricted Stock shall vest on the earlier of

Appears in 1 contract

Samples: Retention Bonus Agreement (BM Technologies, Inc.)

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