Common use of Vesting and Nonassignability of Restricted Stock Clause in Contracts

Vesting and Nonassignability of Restricted Stock. (a) The shares of Restricted Stock shall become vested, and the restrictions described in Sections 2(b) and 2(c) shall lapse, according to the following vesting schedule, if the Grantee continues to be employed by, or provide service to, the Employer (as defined in the Plan) from the Date of Grant until the applicable vesting date:

Appears in 2 contracts

Samples: Restricted Stock Grant (Zynerba Pharmeceuticals, Inc.), Restricted Stock Grant (Zynerba Pharmeceuticals, Inc.)

AutoNDA by SimpleDocs

Vesting and Nonassignability of Restricted Stock. (a) The Except as provided in Paragraphs 2(b) and 2(c), the shares of Restricted Stock shall become vested, and the restrictions described in Sections 2(b) and 2(cParagraph 2(f) shall lapse, according to the following vesting schedule, if the Grantee continues to be employed by, or provide service services to, the Employer (as defined in the Plan) from the Date of Grant until the applicable vesting date:

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Nutri System Inc /De/), Restricted Stock Award Agreement (Nutri System Inc /De/)

Vesting and Nonassignability of Restricted Stock. (a) The shares of Restricted Stock shall become vested, and the restrictions described in Sections 2(b) and 2(c) shall lapse, according to in the following vesting schedulemanner provided below, if the Grantee continues to be employed by, or provide service to, to the Employer (as defined in the Plan) from the Date of Grant until the applicable vesting date:. For this purpose, the term “Shares” refers to the number of shares underlying that portion of the Award that vests in the manner described under Vest Type and Full Vest Date. The term “

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Quigley Corp)

Vesting and Nonassignability of Restricted Stock. (aExcept as provided in Paragraphs 2(b), 2(c) The and 2(d), the shares of Restricted Stock shall become vested, and the restrictions described in Sections 2(bParagraphs 2(e) and 2(c2(f) shall lapse, according to the following vesting schedule, if the Grantee continues to be employed by, or provide service services to, the Employer Company or any subsidiary of the Company (as defined in the Plan"Employer") from the Date of Grant until the applicable vesting date:

Appears in 1 contract

Samples: Stock Award Agreement (Nutri System Inc /De/)

Vesting and Nonassignability of Restricted Stock. (a) The shares of Restricted Stock shall become vested, and the restrictions described in Sections 2(b) and 2(c) shall lapse, according to the following vesting schedule: Date Vested Shares January 1, if the Grantee continues to be employed by, or provide service to, the Employer (as defined in the Plan) from the Date of Grant until the applicable vesting date:2009 24,300

Appears in 1 contract

Samples: Restricted Stock Award Agreement (ReAble Therapeutics Finance LLC)

Vesting and Nonassignability of Restricted Stock. (a) The shares of Restricted Stock shall become vestedvested in two equal portions, and the restrictions described in Sections 2(b) and 2(cSection 2(d) shall lapse, according to lapse in accordance with the following vesting schedule, if the Grantee continues to be employed by, or provide service to, to the Employer (as defined in the Plan) Company from the Date of Grant until the applicable vesting date:Vesting Date: VESTING DATE SHARES VESTED 5/15/2013 1,250 5/15/2014 1,250

Appears in 1 contract

Samples: Restricted Stock Grant Agreement (Becker Drapkin Management, L.P.)

Vesting and Nonassignability of Restricted Stock. (a) The shares of Restricted Stock shall become vested, and the restrictions described in Sections 2(b2(c) and 2(c2(d) shall lapse, according to lapse in accordance with the following vesting schedule, if the Grantee continues to be employed by, or provide service to, to the Employer (as defined in the Plan) Company from the Date of Grant until the applicable vesting date:

Appears in 1 contract

Samples: Restricted Stock Grant Agreement (Strategic Diagnostics Inc/De/)

Vesting and Nonassignability of Restricted Stock. (a) The Except as provided in Paragraphs 2(b) and 2(c), the shares of Restricted Stock shall become vested, and the restrictions described in Sections 2(b) and 2(cParagraph 2(e) shall lapse, according to the following vesting schedule, if the Grantee continues to be employed by, or provide service services to, the Employer (as defined in the Plan) from the Date of Grant until the applicable vesting date:

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Nutri System Inc /De/)

Vesting and Nonassignability of Restricted Stock. (a) The shares of Restricted Stock shall become vested, and the restrictions described in Sections 2(b) and 2(c) shall lapse, according to in the following vesting schedulemanner provided below, if the Grantee continues to be employed by, or provide service to, the Employer (as defined in the Plan) from the Date of Grant until the applicable vesting date:. For this purpose, the term “Shares” refers to the number of shares underlying that portion of the Award that vests in the manner described under Vest Type and Full Vest Date. The term “

Appears in 1 contract

Samples: Stock Award Grant Agreement (Inspire Pharmaceuticals Inc)

AutoNDA by SimpleDocs

Vesting and Nonassignability of Restricted Stock. (a) The shares of Restricted Stock shall become vested, and the restrictions described in Sections 2(b) and 2(c) shall lapse, according to in the following vesting schedulemanner provided below, if the Grantee continues to be employed by, or provide service to, to the Employer Company (as defined in the Plan) from the Date of Grant until the applicable vesting date:. For this purpose, the term “Shares” refers to the number of shares underlying that portion of the Award that vests in the manner described under Vest Type and Full Vest Date. The term “

Appears in 1 contract

Samples: Restricted Stock Award Agreement (ProPhase Labs, Inc.)

Vesting and Nonassignability of Restricted Stock. (a) The Except as provided in Paragraph 2(b), the shares of Restricted Stock shall become vested, and the restrictions described in Sections 2(bParagraphs 2(c) and 2(c2(d) shall lapse, according to the following vesting schedule, if the Grantee continues to be employed by, or provide service to, the Employer Company or any subsidiary of the Company (as defined in the Plan“Employer”) from the Date of Grant until the applicable vesting date:

Appears in 1 contract

Samples: Restricted Stock Inducement Award Agreement (Nutri System Inc /De/)

Vesting and Nonassignability of Restricted Stock. (a) The shares of Restricted Stock shall become vested, and the restrictions described in Sections 2(b) and 2(c) shall lapse, according to upon the following vesting schedule, if Grantee’s satisfaction of the Grantee continues to be employed by, or provide service to, requirements of the Employer (as defined Vesting Schedule set forth in the PlanSummary of Xxxxx. The Restricted Stock may accelerate in vesting in accordance with Section 2.2(b)(iii) from of the Date of Grant until Grantee’s employment agreement with the applicable vesting date:Company, dated February 3, 2012 (the “Employment Agreement”).

Appears in 1 contract

Samples: Restricted Stock Grant Agreement (Auxilium Pharmaceuticals Inc)

Vesting and Nonassignability of Restricted Stock. (a) The shares of Restricted Stock shall become vested, and the restrictions described in Sections 2(b) and 2(c) this Section 2 shall lapse, according to in the following vesting schedulemanner provided below, if the Grantee continues to be employed by, or provide service to, to the Employer Company (as defined in the Plan) from the Date of Grant until the applicable vesting date:. For this purpose, the term “Shares” refers to the number of shares underlying that portion of the Award that vests in the manner described under Vest Type and Full Vest Date. The term “

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Wireless Telecom Group Inc)

Vesting and Nonassignability of Restricted Stock. (aExcept as provided in Paragraphs 2(b), 2(c) The and 2(c), the shares of Restricted Stock shall become vested, and the restrictions described in Sections 2(bParagraphs 2(d) and 2(c2(e) shall lapse, according to the following vesting schedule, if the Grantee continues to be employed by, or provide service to, the Employer Company or any subsidiary of the Company (as defined in the Plan"Employer") from the Date of Grant until the applicable vesting date:

Appears in 1 contract

Samples: Stock Award Agreement (Nutri System Inc /De/)

Time is Money Join Law Insider Premium to draft better contracts faster.