Vesting or Forfeiture. (a) Except as specified otherwise in this Section 4, the Units shall be subject to Forfeiture Restrictions. The Forfeiture Restrictions shall lapse as to the Units that are granted hereby in accordance with the following schedule (each such date being a “Vesting Date”), provided that the Units have not been forfeited to the Company prior to such date pursuant to Section 4(c). 74603 2010 Plan; RSU Officer Agreement; CIC Vesting Date Number ofUnits Subject to ForfeitureRestrictions
Appears in 2 contracts
Samples: Restricted Share Unit Award Agreement (Weatherford International PLC), Restricted Share Units Award Agreement (Weatherford International PLC)
Vesting or Forfeiture. (a) Except as specified otherwise in this Section 4, the Units shall be subject to Forfeiture Restrictions. The Forfeiture Restrictions shall lapse as to the Units that are granted hereby in accordance with the following schedule set forth in the Holder’s online account with the Company’s designated broker/stock plan administrator (each such date being a “Vesting Date”), provided that the Units have not been forfeited to the Company prior to such date pursuant to Section 4(c). 74603 2010 Plan; RSU Officer Agreement; - Officer, CIC Vesting Date Number ofUnits Subject to ForfeitureRestrictions2018
Appears in 1 contract
Samples: Restricted Share Units Award Agreement (Weatherford International PLC)
Vesting or Forfeiture. (a) Except as specified otherwise in this Section 4, the Units shall be subject to Forfeiture Restrictions. The Forfeiture Restrictions shall lapse as to the Units that are granted hereby in accordance with the following schedule (each such date being a “Vesting Date”), provided that the Units have not been forfeited to the Company prior to such date pursuant to Section 4(c). 74603 2010 Plan; RSU Officer Director Agreement; CIC CIC-Retirement Vesting Date Number ofUnits Subject to ForfeitureRestrictions
Appears in 1 contract
Samples: Restricted Share Units Award Agreement (Weatherford International PLC)