Vesting; Payment. (a) The Award shall not be vested as of the Grant Date and shall be forfeitable unless and until otherwise vested pursuant to the terms of this Agreement. After the Grant Date, provided that Participant remains continuously employed by the Company through the fifth anniversary of the Grant Date (the “Normal Vesting Date”), the Award shall become vested with respect to 100% of the Restricted Stock Units on such Normal Vesting Date. In addition, prior to the Normal Vesting Date:
Appears in 4 contracts
Samples: Corporation Restricted Stock Unit Award Agreement (Arkansas Best Corp /De/), Corporation Restricted Stock Unit Award Agreement (Arcbest Corp /De/), Corporation Restricted Stock Unit Award Agreement (Arkansas Best Corp /De/)
Vesting; Payment. (a) The Award shall not be vested as of the Grant Date and shall be forfeitable unless and until otherwise vested pursuant to the terms of this Agreement. After the Grant Date, provided that Participant remains a member of the Board continuously employed by the Company through the fifth third anniversary of the Grant Date (the “Normal Vesting Date”), the Award shall become vested with respect to 100% of the Restricted Stock Units on such Normal Vesting Date. In addition, prior to the Normal Vesting Date:
Appears in 4 contracts
Samples: Restricted Stock Unit Award Agreement (Arkansas Best Corp /De/), Corporation Restricted Stock Unit Award Agreement (Arkansas Best Corp /De/), Restricted Stock Unit Award Agreement (Arkansas Best Corp /De/)
Vesting; Payment. (a) The Award shall not be vested as of the Grant Date and shall be forfeitable unless and until otherwise vested pursuant to the terms of this Agreement. After the Grant Date, provided that Participant remains a member of the Board continuously employed by the Company through the fifth first anniversary of the Grant Date (the “Normal Vesting Date”), the Award shall become vested with respect to 100% of the Restricted Stock Units on such Normal Vesting Date. In addition, prior to the Normal Vesting Date:
Appears in 3 contracts
Samples: Restricted Stock Unit Award Agreement (Arcbest Corp /De/), Restricted Stock Unit Award Agreement (Arcbest Corp /De/), Restricted Stock Unit Award Agreement (Arcbest Corp /De/)
Vesting; Payment. (a) The a)The Award shall not be vested as of the Grant Date and shall be forfeitable unless and until otherwise vested pursuant to the terms of this Agreement. After the Grant Date, provided that Participant remains a member of the Board continuously employed by the Company through the fifth first anniversary of the Grant Date (the “Normal Vesting Date”), the Award shall become vested with respect to 100% of the Restricted Stock Units on such Normal Vesting Date. In addition, prior to the Normal Vesting Date::
Appears in 3 contracts
Samples: Restricted Stock Unit Award Agreement (Arcbest Corp /De/), Restricted Stock Unit Award Agreement (Arcbest Corp /De/), Restricted Stock Unit Award Agreement (Arcbest Corp /De/)
Vesting; Payment. (a) The Award shall not be vested as of the Grant Date and shall be forfeitable unless and until otherwise vested pursuant to the terms of this Agreement. After the Grant Date, provided that Participant remains continuously employed by the Company through the fifth fourth anniversary of the Grant Date (the “Normal Vesting Date”), the Award shall become vested with respect to 100% of the Restricted Stock Units on such Normal Vesting Date. In addition, prior to the Normal Vesting Date:
Appears in 2 contracts
Samples: Restricted Stock Unit Award Agreement (Arcbest Corp /De/), Corporation Restricted Stock Unit Award Agreement (Arcbest Corp /De/)
Vesting; Payment. (a) The Award shall not be vested as of the Grant Date and shall be forfeitable unless and until otherwise vested pursuant to the terms of this Agreement. After the Grant Date, provided that Participant remains a member of the Board continuously employed by the Company through the fifth anniversary of the Grant Date (the “Normal Vesting Date”), the Award shall become vested with respect to 100% of the Restricted Stock Units on such Normal Vesting Date. In addition, prior to the Normal Vesting Date:
Appears in 1 contract
Samples: Restricted Stock Unit Award Agreement (Arkansas Best Corp /De/)
Vesting; Payment. (a) The a)The Award shall not be vested as of the Grant Date and shall be forfeitable unless and until otherwise vested pursuant to the terms of this Agreement. After the Grant Date, provided that Participant remains continuously employed by the Company through the fifth fourth anniversary of the Grant Date (the “Normal Vesting Date”), the Award shall become vested with respect to 100% of the Restricted Stock Units on such Normal Vesting Date. In addition, prior to the Normal Vesting Date:
Appears in 1 contract
Samples: Restricted Stock Unit Award Agreement (Arcbest Corp /De/)