Period of Restriction. (a) Subject to Paragraph 7, the Restricted Shares shall constitute "Vested Shares" pro rata over a period of thirty-six (36) months, beginning one month after the date of this Agreement. Notwithstanding the foregoing schedule, the Company may deem all or any portion of the Restricted Shares to be Vested Shares whenever, in the Company's sole discretion, circumstances warrant such action. Furthermore, should there be a "Change in Control" of the Company as defined herein, then all remaining Restricted Shares shall be deemed to be Vested Shares.
Appears in 9 contracts
Samples: Restricted Stock Agreement (Encore Medical Corp), Restricted Stock Agreement (Encore Medical Corp), Restricted Stock Agreement (Encore Medical Corp)
