Common use of Vesting of Award Shares Clause in Contracts

Vesting of Award Shares. The Award Shares will become vested, and the restrictions set forth in Section 3.1 will lapse in accordance with the vesting schedule set forth in the Award Notice unless an event giving rise to forfeiture of the Award Shares earlier occurs or the vesting is accelerated in accordance with this Agreement or the Plan. When a portion of the Award Shares has become vested, Bancorp will deliver to Participant, upon request, one or more share certificates evidencing the vested portion of the Award Shares, free of the legend described in Section 6(b) of the Plan.

Vesting of Award Shares. The Unless the vesting of the Award Shares is otherwise accelerated in accordance with this Agreement or the Plan, the Award Shares will become vested, and the restrictions set forth in Section 3.1 will lapse in accordance with lapse, according to the vesting schedule set forth in the Award Notice unless an event giving rise to forfeiture of the Award Shares earlier occurs or the vesting is accelerated in accordance with this Agreement or the Plan. following schedule: When a portion of the Award Shares has have become vestedvested as provided above, Bancorp will deliver to Participant, upon request, one or more share certificates evidencing the vested portion of the Award Shares, free of the legend described in Section 6(b) of the Plan.