Vesting and Forfeiture Provisions. (i) Except as otherwise provided in Sections 2(ii), 2(iii), or 2(iv) of this Agreement, at such time as the Participant is no longer serving for any reason as an officer, director, or employee of the Company or any subsidiary of the Company, the Participant shall forfeit the right to delivery of any further Shares.
Vesting and Forfeiture Provisions. (a) The Employee’s Restricted Stock will vest as to 100% of the shares on July 8, 2011
Vesting and Forfeiture Provisions. (a) Any earned RSUs will be subject to further vesting as follows: one-third of the RSUs that have been earned will vest on the date the Compensation Committee determines the achievement of the performance goals for (the “Determination Date”) and one-third of the RSUs that have been earned will vest on each of the first and second anniversaries of the Determination Date; provided that the Participant has been continuously employed or otherwise providing services to such date. Within three (3) business days of each vesting date set forth in the prior sentence, the Company will issue one share of Common Stock in satisfaction of each vested RSU. All shares of Common Stock will be issued in book entry form only, in the name of the Participant.
Vesting and Forfeiture Provisions. (a) The Employee’s Restricted Stock will vest in accordance with the following schedule:
Vesting and Forfeiture Provisions. Each Compensation Plan Agreement shall include customary provisions and shall provide, among other things, that: (1) the Qualified Employee’s right, title and interest in any shares of Parent Common Stock which constitute QE Stock Compensation shall vest not more quickly than (a) twenty-five fifty percent (25%) of such shares of Parent Common Stock shall vest on the date which is six (6) months after the Closing Date, (b) twenty-five percent of such shares of Parent Common Stock shall vest on the date which is twelve (12) months after the Closing Date, (c) twenty-five percent (25%) of such shares of Parent Common Stock shall vest on the date which is eighteen (18) months after the Closing Date, and (d) twenty-five percent (25%) of such shares shall vest on the date which is twenty-four months after the Closing Date; (2) any New Options issued to any Qualified Employee under such agreement shall vest not more quickly than fifty percent (50%) on the date which is twenty-four (24) months after the Closing Date and fifty percent (50%) on the date which is thirty-six (36) months after the Closing Date; (3) the QE Stock Compensation shall be subject to certain restrictions on transfer under applicable law and shall bear appropriate legends to such effect; and (4) upon the occurrence of any Forfeiture Event, the Qualified Employee shall have the right to receive only that portion of such shares of Parent Common Stock or to exercise only such New Options as to which his or her right, title has vested and shall forfeit and have no further right to receive any unvested shares of Parent Common Stock or to exercise any unvested New Options. For the purposes hereof, “
Vesting and Forfeiture Provisions
