Common use of Vesting; Forfeiture Clause in Contracts

Vesting; Forfeiture. Awarded Units which have become vested pursuant to the terms of this Section 3 are collectively referred to herein as “Vested Units.” All other Awarded Units are collectively referred to herein as “Unvested Units.” The Participant shall be eligible to receive shares of Common Stock with respect to the Vested Units in accordance with Section 4 below.

Appears in 6 contracts

Samples: Performance Award Agreement (Texas Capital Bancshares Inc/Tx), Performance Award Agreement (Texas Capital Bancshares Inc/Tx), Performance Award Agreement (Texas Capital Bancshares Inc/Tx)

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Vesting; Forfeiture. Awarded Units which have become vested pursuant to the terms of this Section 3 are collectively referred to herein as “Vested Units.” All other Awarded Units are collectively referred to herein as “Unvested Units.” The Participant shall be eligible to receive shares of Common Stock payment with respect to the Vested Units in accordance with Section 4 below.

Appears in 5 contracts

Samples: Restricted Stock Unit Award Agreement (Texas Capital Bancshares Inc/Tx), Performance Award Agreement (Texas Capital Bancshares Inc/Tx), Performance Award Agreement (Texas Capital Bancshares Inc/Tx)

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Vesting; Forfeiture. Awarded Units which have become vested pursuant to the terms of this Section 3 are collectively referred to herein as “Vested Units.” All other Awarded Units are collectively referred to herein as “Unvested Units.” The Participant shall be eligible to receive shares of Common Stock with respect to the Vested Units in accordance with Section 4 below.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Texas Capital Bancshares Inc/Tx)

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