Vesting during the Restriction Period Sample Clauses

Vesting during the Restriction Period. Subject to the terms and conditions of this Agreement, the Restricted Stock Units shall vest and no longer be subject to any restriction on the anniversaries of the Grant Date set forth below (the period during which restrictions apply, the “Restriction Period”): Vesting Dates (Anniversaries of Grant Date) Percentage of Total Grant Vesting First Anniversary 33% Second Anniversary 33% Third Anniversary 34%
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Vesting during the Restriction Period. Subject to the terms and conditions of this Agreement, the Restricted Stock shall vest and no longer be subject to any restriction on the Vest Dates and in the respective amounts vesting on such dates set forth in the Employee Account Records (such period during which restrictions apply is the “Restriction Period”).
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Vesting during the Restriction Period. Subject to the terms and conditions of this Agreement, the Restricted Stock Units shall vest, and shall no longer be subject to any restriction, in three substantially equal annual installments on each of the first three anniversaries of the Grant Date.
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Vesting during the Restriction Period. Subject to the terms and conditions of this Agreement, the Restricted Stock Units shall vest and shall no longer be subject to any restriction in three substantially equal annual installments (each, an “Installment”), with each Installment to vest on the date immediately preceding the date of the relevant annual meeting of the Company’s stockholders (each such annual meeting, an “Annual Meeting”) as set forth below: Vesting Dates (with respect to Annual Meetings) Portion of Restricted Stock Units Vesting (Installments) Date immediately preceding date of the [ ] Annual Meeting 1/3 Date immediately preceding date of the [ ] Annual Meeting 1/3 Date immediately preceding date of the [ ] Annual Meeting 1/3 provided, however that if an Annual Meeting has not occurred during the period commencing on January 1 and ending on June 30 of the calendar year in which such Annual Meeting is expected to occur, the Installment that would otherwise have vested on the date immediately preceding the date of such Annual Meeting shall instead vest on July 1 of such calendar year.
Sample 1See All (4)
Vesting during the Restriction Period. Subject to the terms and conditions of this Agreement and the Employee’s continued employment through the dates on which the Committee certifies that the Threshold Performance Goal (as defined on Exhibit A) and the Performance Goal (as defined on Exhibit A) are achieved during the applicable Performance Period (as defined on Exhibit A), the Employee shall vest in a number of shares as determined in accordance with Table 2 of Exhibit A based on Stock Price (as defined on Exhibit A) minus such number of shares as have previously vested under this Agreement with respect to a prior Performance Period (such period during which restrictions apply is the “Restriction Period”).
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Vesting during the Restriction Period. Subject to the terms and conditions of this Agreement, the Restricted Stock shall vest and no longer be subject to any restriction on _______, provided that prior to such date the performance goals set forth on Exhibit A are achieved (such period during which restrictions apply is the “Restriction Period”).
Sample 1
Vesting during the Restriction Period. Subject to the terms and conditions of this Award Agreement and those of the Award Plan, the Restriction Period will lapse with respect to the specified number of shares as set forth in the vesting schedule on the Notice. Upon the Grantee’s Termination Date (as defined below) during the Restriction Period, all shares of Restricted Stock not theretofore vested shall be forfeited. For purposes of this Award Agreement, Grantee’s Termination Date means the date on which Grantee’s Continuous Service Status ceases, and “Continuous Service Status” means the absence of any interruption or termination of service as an employee, a member of the Board, or a consultant of the Company. Continuous Service Status shall not be considered interrupted or terminated in the case of (1) Company approved sick leave; (2) military leave; or (3) any other bona fide leave of absence approved by the Company, provided that such leave is not for a period in excess of ninety (90) days, unless reemployment is guaranteed by contract, statute or Company policy. Continuous Service Status shall not be considered interrupted or terminated in the case of a transfer between the Company and its Affiliates, or a change in status from or to employee, director or consultant of the Company.
Sample 1
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Vesting during the Restriction Period. Subject to the terms and conditions of this Agreement and the Employee’s continued employment through the date on which the Committee certifies that the Threshold Performance Goal (as defined below) and the Performance Goal (as defined below) is achieved in any year during the Performance Period (as defined below), the Employee shall vest in a number of shares as determined in accordance with Exhibit A based on Stock Price as defined below minus such number of shares as have already vested under this Agreement with respect to a prior calendar year (such period during which restrictions apply is the “Restriction Period”).
Sample 1

Related to Vesting during the Restriction Period

  • Extension of Restriction Period The Restriction Period shall be tolled for any period during which the Executive is in breach of any of Sections 4.2, 4.3 or 4.4 hereof.

  • Restriction Period The Restriction Period with respect to each Restricted Stock Unit is the time between the Grant Date and the date such Restricted Stock Unit vests.

  • Vesting Schedule/Period of Restriction Except as provided in paragraphs 4 and 5, and subject to paragraph 7, the Performance Shares awarded by this Agreement shall vest in accordance with the vesting provisions set forth on the first page of this Agreement. Performance Shares shall not vest in the Employee in accordance with any of the provisions of this Agreement unless the Employee shall have been continuously employed by the Company or by one of its Subsidiaries from the Grant Date until the date the Performance Shares are otherwise scheduled to vest.

  • Period of Restriction (i) The Restricted Stock Units subject to the Award shall be restricted during the period (the “Period of Restriction”) commencing on the Award Date and expiring on the first to occur of:

  • Termination of Restrictions Except as set forth in Section 9.3 hereof, the restrictions imposed by this Section 9 upon the transferability of Restricted Securities shall cease and terminate as to any particular Restricted Securities: (a) which shall have been effectively registered under the Securities Act, or (b) when, in the opinions of both counsel for the holder thereof and counsel for the Company, such restrictions are no longer required in order to insure compliance with the Securities Act or Section 10 hereof. Whenever such restrictions shall cease and terminate as to any Restricted Securities, the Holder thereof shall be entitled to receive from the Company, without expense (other than applicable transfer taxes, if any), new securities of like tenor not bearing the applicable legends required by Section 9.1 hereof.

  • Extension of Restricted Period In addition to the remedies the Company may seek and obtain pursuant to Section 8 of this Agreement, the Restricted Period shall be extended by any and all periods during which the Executive shall be found by a court to have been in violation of the covenants contained in Section 7 hereof.

  • Lapse of Restrictions If, for any reason, Shares are issued to the Employee within six months of the Grant Date, the Employee agrees that he or she will not sell or otherwise dispose of any such Shares prior to the six-month anniversary of the Grant Date.

  • Expiration of Restrictions and Risk of Forfeiture Unless otherwise provided in Section 7 below, the restrictions on the Restricted Stock Units granted pursuant to this Agreement, including the Forfeiture Restrictions, will expire on September 30, 2014, and shares of Stock that are nonforfeitable and transferable will be issued to you in payment of your vested Restricted Stock Units as set forth in Section 5, provided that you remain in the continuous employ of, or a service provider to, the Company or its Subsidiaries until September 30, 2014.

  • Forfeiture Upon Termination as a Service Provider Notwithstanding any contrary provision of this Award Agreement, if Participant ceases to be a Service Provider for any or no reason, the then-unvested Restricted Stock Units awarded by this Award Agreement will thereupon be forfeited at no cost to the Company and Participant will have no further rights thereunder.

  • Release of Restrictions Upon vesting of any portion of the shares of Restricted Stock and satisfaction of any other conditions required by the Plan or pursuant to this Restricted Stock Agreement, the Company shall promptly either issue a stock certificate, without such restricted legend, for any shares of the Restricted Stock that have vested, or, if the shares are held in book entry form, the Company shall remove the notations on the book form for any shares of the Restricted Stock that have vested.

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