Restriction Period and Vesting. (a) The restrictions on the Award shall lapse on the earliest of the following: (i) with respect to one-fifth of the aggregate number of shares of Stock subject to the Award on February 19, 1998 and as to an additional one-fifth of such aggregate number of shares on each anniversary thereof during the years 1999 through 2002, inclusive, or (ii) in accordance with Section 6.8 of the Plan (the "Restriction Period").
Restriction Period and Vesting. (a) The Award shall vest (i) with respect to [Insert Number] number of restricted stock units subject to the Award on each of the [Insert Year] anniversaries of the Grant Date or (ii) as otherwise provided pursuant to this Section 2 (the “Restriction Period”).
Restriction Period and Vesting. (a) The Units shall vest and the restrictions shall lapse as follows: (i) 25% of the Units shall vest and restrictions shall lapse on each anniversary of the grant date (the “Vesting Dates”) until the Units are fully vested, or (ii) earlier pursuant to this Agreement or in accordance with Section 6.8 of the Plan (the “Restriction Period”). As used herein, the term “vest” shall mean no longer subject to a substantial risk of forfeiture.
Restriction Period and Vesting. The Award shall vest in accordance with the vesting schedule set forth in the Award Notice, provided the Participant remains continuously employed by the Company through the applicable vesting date. The period of time prior to the vesting shall be referred to herein as the “Restriction Period.” In the event of the Participant’s Termination, the portion of the Award that was not vested immediately prior to such Termination shall be immediately forfeited by the Participant and cancelled by the Company.
Restriction Period and Vesting. (a) The Award shall vest (i) as set forth in the Award Notification, or (ii) earlier pursuant to Section 4(b). The period of time from the Grant Date until the Award vests is referred to as the “Restriction Period”.
Restriction Period and Vesting. (a) Subject to Section 2(e), the Award shall vest (i) with respect to one-quarter (1/4) of the restricted stock units subject to the Award on the first anniversary of the Grant Date, an additional one-quarter (1/4) of the restricted stock units subject to the Award on the second anniversary of the Grant Date, an additional one-quarter (1/4) of the restricted stock units subject to the Award on the third anniversary of the Grant Date, and the remaining one-quarter (1/4) of the restricted stock units subject to the Award on the fourth anniversary of the Grant Date, or (ii) earlier pursuant to Section 2(b) or (d) hereof (the “Restriction Period”).
Restriction Period and Vesting. (a) The Award shall vest (i) with respect to one-third of the aggregate number of shares of Stock subject to the Award on each anniversary of the Grant Date during the years 2003 through 2005, inclusive, or (ii) earlier (x) pursuant to Section 4(b) hereof, (y) upon any termination of the Holder's employment with the Company unless such termination of employment constitutes a "Nonqualifying Termination," as such term is defined in the Holder's Severance Agreement with the Company dated MAY 7, 1996 (the "Severance Agreement"), or (z) upon a "Change in Control" as that term is defined in the Severance Agreement (the "Restriction Period").
Restriction Period and Vesting. The restrictions on the Award ------------------------------ shall lapse (i) with respect to all of the shares of Stock subject to the Award at the earlier of May 31, 1998 and the conclusion of the 1998 Annual Meeting of Shareholders of the Company, or (ii) earlier in accordance with Section 6.8 of the Plan (the "Restriction Period").
Restriction Period and Vesting. (a) Subject to the terms and conditions of this Agreement and the Plan, the RSUs subject to the Award will vest in accordance with the vesting schedule described in the Award Notice (the “Restriction Period”), provided that the Holder remains continuously employed with the Company through each applicable vesting date. Notwithstanding the foregoing, if, because the New York Stock Exchange (or such successor exchange on which shares of Company Common Stock are traded) is not open for trading on such date, the vesting date will be the next date on which the New York Stock Exchange (or such successor exchange) is open for trading.
Restriction Period and Vesting. (a) The Award shall vest and the restrictions shall lapse as follows: (i) 25% of the Award shall vest and restrictions shall lapse on each anniversary of the grant date (the “Vesting Dates”) until the award is fully vested, or (ii) earlier pursuant to this Agreement or in accordance with Section 6.8 of the Plan (the “Restriction Period”). As used herein, the term “vest” shall mean no longer subject to a substantial risk of forfeiture.
