Common use of Vesting of Restricted Share Units Clause in Contracts

Vesting of Restricted Share Units. (a) Each number of the Restricted Shares Units set forth in the Vesting Schedule above shall vest on the corresponding date in the Vesting Schedule above (each, a “Vesting Date”), provided that Grantee shall have [remained in the continuous employment as _____ of the Company or a Subsidiary]/[continued to provide consulting services to the Company or a Subsidiary under the Consultant Agreement dated ____] (“Continuous Service”) through the applicable Vesting Date.

Appears in 1 contract

Samples: Restricted Share Unit Award Agreement (SKYX Platforms Corp.)

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Vesting of Restricted Share Units. (a) Each number A ratable portion of the Restricted Shares Share Units set forth in (rounded down to the Vesting Schedule above next whole number) shall vest on the corresponding date in each of the Vesting Schedule Dates set forth above (each, a “Vesting Date”), provided that the Grantee shall have [remained in the continuous employment as _____ or other service of the Company or a Subsidiary]/[continued to provide consulting services to the Company or a Subsidiary under the Consultant Agreement dated ____] (“Continuous Service”) through the applicable Vesting Date.

Appears in 1 contract

Samples: Restricted Share Unit Agreement (Ballantyne Strong, Inc.)

Vesting of Restricted Share Units. (a) Each number The Restricted Share Units shall vest to the extent of one-fourth of the Restricted Shares Share Units on each of the Vesting Dates set forth in the Vesting Schedule above shall vest on the corresponding date in the Vesting Schedule above (each, each a “Vesting Date”) (rounded down to the next whole number), provided that the Grantee shall have [remained in the continuous employment as _____ employ of the Company or a Subsidiary]/[continued to provide consulting services to the Company or a Subsidiary under the Consultant Agreement dated ____] (“Continuous Service”) through the applicable Vesting Date.

Appears in 1 contract

Samples: Restricted Share Unit Agreement (E.W. SCRIPPS Co)

Vesting of Restricted Share Units. (a) Each number of the The Restricted Shares Share Units set forth in the Vesting Schedule above shall vest on to the corresponding date in the Vesting Schedule above (each, a “Vesting Date”), provided that Grantee shall have [remained in the continuous employment as extent of ___________ of the Company or Restricted Share Units on each of the Vesting Dates set forth above (each a Subsidiary]/[continued "Vesting Date") (rounded down to provide consulting services to the next whole number), provided that the Grantee shall have remained in the continuous employ of the Company or a Subsidiary under the Consultant Agreement dated ____] (“Continuous Service”) through the applicable Vesting Date.

Appears in 1 contract

Samples: Restricted Share Unit Agreement (Palatin Technologies Inc)

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Vesting of Restricted Share Units. (a) Each number The Restricted Share Units shall vest to the extent of one-third of the Restricted Shares Share Units on each of the Vesting Dates set forth in the Vesting Schedule above shall vest on the corresponding date in the Vesting Schedule above (each, each a “Vesting Date”) (rounded down to the next whole number), provided that the Grantee shall have [remained in the continuous employment as _____ employ of the Company or a Subsidiary]/[continued to provide consulting services to the Company or a Subsidiary under the Consultant Agreement dated ____] (“Continuous Service”) through the applicable Vesting Date.

Appears in 1 contract

Samples: Restricted Share Unit Agreement (Scripps Networks Interactive, Inc.)

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