Vesting; Forfeiture. (a) Except as set forth in Section 3 of this Agreement, (i) the Award shall not be fully vested immediately but shall be subject to forfeiture in accordance with the restricted periods determined by the Committee and set forth on Schedule I hereto and (ii) the termination of the forfeiture provisions applicable to the Restricted Shares shall be conditioned upon the continuous employment of Executive by the Company or an Affiliate from the date of this Agreement to the applicable date of vesting.
Appears in 2 contracts
Samples: Time Vested Restricted Stock Agreement (Noble Corp), Restricted Stock Agreement (Noble Corp)
Vesting; Forfeiture. (a) Except as set forth in Section 3 of this Agreement, (i) the Award shall not be fully vested immediately but shall be subject to forfeiture in accordance with the restricted periods period and performance measurement determined by the Committee and set forth on Schedule I hereto and (ii) the termination of the forfeiture provisions applicable to the Restricted Shares shall be conditioned upon the continuous employment of Executive by the Company or an Affiliate from the date of this Agreement to the applicable date of vesting.
Appears in 2 contracts
Samples: Escrow Agreement (Noble Corp), Restricted Stock Agreement (Noble Corp)
Vesting; Forfeiture. (a) Except as set forth in Section 3 of this Agreement, (i) the Award shall not be fully vested immediately but shall be subject to forfeiture in accordance with the restricted periods determined by the Committee and set forth on Schedule I hereto and (ii) the termination of the forfeiture provisions applicable to the Restricted Shares shall be conditioned upon the continuous employment of Executive Employee by the Company or an Affiliate from the date of this Agreement to the applicable date of vesting.
Appears in 2 contracts
Samples: Escrow Agreement (Noble Corp), Time Vested Restricted Stock Agreement (Noble Corp)
Vesting; Forfeiture. (a) Except as set forth in Section 3 of this Agreement, (i) the Award shall not be fully vested immediately but shall be subject to forfeiture in accordance with the restricted periods period and performance measurement determined by the Committee and set forth on Schedule I hereto and (ii) the termination of the forfeiture provisions applicable to the Restricted Shares shall be conditioned upon the continuous employment of Executive Employee by the Company or an Affiliate from the date of this Agreement to the applicable date of vesting.
Appears in 2 contracts
Samples: Performance Vested Restricted Stock Agreement (Noble Corp), Escrow Agreement (Noble Corp)
