Common use of Vesting of Restricted Stock Clause in Contracts

Vesting of Restricted Stock. The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the Vesting Date or Dates specified in the following schedule so long as the Grantee remains an employee of the Company or a Subsidiary on such Dates. If a series of Vesting Dates is specified, then the restrictions and conditions in Paragraph 2 shall lapse only with respect to the number of shares of Restricted Stock specified as vested on such date.

Appears in 8 contracts

Samples: Restricted Stock Award Agreement (Northeast Bancorp /Me/), Restricted Stock Award Agreement (Northeast Bancorp /Me/), Restricted Stock Award Agreement (Northeast Bancorp /Me/)

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Vesting of Restricted Stock. The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the Vesting Date or Dates specified in the following schedule so long as the Grantee remains an employee of the Company or a Subsidiary on such Datesschedule. If a series of Vesting Dates is specified, then the restrictions and conditions in Paragraph 2 shall lapse only with respect to the number of shares of Restricted Stock specified as vested on such date.

Appears in 8 contracts

Samples: Restricted Stock Award Agreement (Mercury Systems Inc), Restricted Stock Award Agreement (Mercury Systems Inc), Restricted Stock Award Agreement (Mercury Computer Systems Inc)

Vesting of Restricted Stock. (a) The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the Vesting Date or Dates specified in the following schedule so long as the Grantee remains an employee of the Company or a Subsidiary on such Datesschedule. If a series of Vesting Dates is specified, then the restrictions and conditions in Paragraph 2 shall lapse only with respect to the number of shares of Restricted Stock specified as vested on such date.. [insert performance vesting schedule]

Appears in 3 contracts

Samples: Performance Restricted Stock Award Agreement (Mercury Systems Inc), Performance Restricted Stock Award Agreement (Mercury Systems Inc), Performance Restricted Stock Award Agreement (Mercury Systems Inc)

Vesting of Restricted Stock. [The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the Vesting Date or Dates specified in the following schedule so long as the Grantee remains an employee a [director][employee] of the Company or a Subsidiary on such DatesDate. If a series of Vesting Dates is specified, then the restrictions and conditions in Paragraph 2 shall lapse only with respect to the number of shares of Restricted Stock specified as vested on such date.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Brookline Bancorp Inc), Restricted Stock Award Agreement (Brookline Bancorp Inc)

Vesting of Restricted Stock. The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the Vesting Date or Dates specified in the following schedule so long as the Grantee remains an employee of the Company or a Subsidiary on such Dates. If a series of Vesting Dates is specified, then the restrictions and conditions in Paragraph 2 shall lapse only with respect to the number of shares of Restricted Stock specified as vested on such date. Number of Shares Vested Vesting Date % % % % Subsequent to such Vesting Date or Dates, the shares of Stock on which all restrictions and conditions have lapsed shall no longer be deemed Restricted Stock.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Digitas Inc)

Vesting of Restricted Stock. The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the Vesting Date or Dates specified in the following schedule so long as the Grantee remains an employee a member of the Board of Directors of the Company or a Subsidiary on such Vesting Date or Vesting Dates. If a series of Vesting Dates is specified, then the restrictions and conditions in Paragraph 2 shall lapse only with respect to the number of shares of Restricted Stock specified as vested on each such dateVesting Date.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Zoll Medical Corp)

Vesting of Restricted Stock. (a) The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the Vesting Date or Dates vesting dates specified in and otherwise in accordance with the following schedule terms of Schedule 1 attached hereto (the “Vesting Date”), so long as the Grantee remains an employee of in a Service Relationship with the Company or a Subsidiary on through such Datesdates. If a series of Vesting Dates is specified, then the restrictions and conditions in Paragraph 2 shall lapse only with respect to the number of shares of Restricted Stock specified as vested on such date.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Dynatrace, Inc.)

Vesting of Restricted Stock. The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the Vesting Date or Dates specified in the following schedule so long as the Grantee remains an employee of the Company or a Subsidiary subsidiary on such Dates. If a series of Vesting Dates is specified, then the restrictions and conditions in Paragraph 2 shall lapse only with respect to the number of shares of Restricted Stock specified as vested on such date.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Moldflow Corp)

Vesting of Restricted Stock. (a) The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the Vesting Date or Dates specified in the following schedule so long as the Grantee remains an employee of the Company or a Subsidiary on such Dates. If a series of Vesting Dates is specified, then the restrictions and conditions in Paragraph 2 shall lapse only with respect to the number of shares of Restricted Stock specified as vested on such date.. Number of Shares Vested Vesting Date

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Plug Power Inc)

Vesting of Restricted Stock. The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the Vesting Date or Dates specified in the following schedule so long as the Grantee remains an employee a Director of the Company or a Subsidiary on such Datesthe Vesting Date. If a series of Subsequent to the Vesting Dates is specifiedDate, then the Shares on which all restrictions and conditions in Paragraph 2 have lapsed shall lapse only with respect to the number of shares of no longer be deemed Restricted Stock specified as vested on such dateStock.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Unifirst Corp)

Vesting of Restricted Stock. The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the Vesting Date or Dates specified in the following schedule so long as the Grantee remains an employee of the Company or a Subsidiary on such Datesschedule. If a series of Vesting Dates is specified, then the The restrictions and conditions in Paragraph 2 shall lapse only with respect to the number of shares of Restricted Stock specified as vested on such date.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Cambridge Technology Partners Massachusetts Inc)

Vesting of Restricted Stock. The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the Vesting Date or Dates specified in the following schedule so long as the Grantee remains an employee of the Company or a Subsidiary on such Datesschedule. If a series of Vesting Dates is specified, then the restrictions and conditions in Paragraph 2 shall lapse only with respect to the number of shares of Restricted Stock specified as vested on such date.. [insert performance vesting schedule]

Appears in 1 contract

Samples: Performance Restricted Stock Award Agreement (Mercury Systems Inc)

Vesting of Restricted Stock. The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the Vesting Date or Dates specified in the following schedule so long as the Grantee remains an employee a member of the Company or a Subsidiary Company's Advisory Board on such Dates. If a series of Vesting Dates is specified, then the restrictions and conditions in Paragraph 2 shall lapse only with respect to the number of shares of Restricted Stock specified as vested on such date.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Brainstorm Cell Therapeutics Inc)

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Vesting of Restricted Stock. (a) The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the Vesting Date or Dates specified in the following schedule so long as the Grantee remains an employee of the Company or a Subsidiary on such Dates. If a series of Vesting Dates is specified, then the restrictions and conditions in Paragraph 2 shall lapse only with respect to the number of shares of Restricted Stock specified as vested on such date.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Plug Power Inc)

Vesting of Restricted Stock. The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the Vesting Date or Dates specified in the following schedule so long as the Grantee remains an employee of the Company or a Subsidiary on such Dates. If a series of Vesting Dates is specified, then the restrictions and conditions in Paragraph 2 shall lapse only with respect to the number of shares of Restricted Stock specified as vested on such date.. Number of Shares Vested Vesting Date 100% May [__], 20[__]

Appears in 1 contract

Samples: www.sec.gov

Vesting of Restricted Stock. The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the Vesting Date or Dates specified in the following schedule so long as the Grantee remains an employee of the Company Corporation or a Subsidiary on such Dates. If a series of Vesting Dates is specified, then the restrictions and conditions in Paragraph Section 2 shall lapse only with respect to the number of shares of Restricted Stock specified as vested on such date.

Appears in 1 contract

Samples: Washington Trust (Washington Trust Bancorp Inc)

Vesting of Restricted Stock. The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the Vesting Date or Dates specified in the following schedule so long as the Grantee remains an employee of the Company or a Subsidiary on such Dates. If a series of Vesting Dates is specified, then the restrictions and conditions in Paragraph 2 shall lapse only with respect to the number of shares of Restricted Stock specified as vested on such date.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Cypress Communications Inc)

Vesting of Restricted Stock. The restrictions and conditions in Paragraph Section 2 of this Agreement shall lapse on the Vesting Date or Dates specified in the following schedule so long as the Grantee Participant remains an employee of Eligible Participant on the Company or a Subsidiary on such Datesrelevant Vesting Date. If a series of Vesting Dates is specified, then the restrictions and conditions in Paragraph Section 2 shall lapse only with respect to the number of shares of Restricted Stock specified as vested on such dateDate.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Arbinet Thexchange Inc)

Vesting of Restricted Stock. The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the Vesting Date or Dates specified in the following schedule so long as the Grantee remains an employee of in a Service Relationship with the Company or a Subsidiary on such Dates. If a series of Vesting Dates is specified, then the restrictions and conditions in Paragraph 2 shall lapse only with respect to the number of shares of Restricted Stock specified as vested on such date.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Brookline Bancorp Inc)

Vesting of Restricted Stock. The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the Vesting Date or Dates specified in the following schedule so long as the Grantee remains an employee active member of the Company or a Subsidiary Board on such Dates. If a series of Vesting Dates is specified, then the restrictions and conditions in Paragraph Section 2 shall lapse only with respect to the number of shares of Restricted Stock specified as vested on such date.

Appears in 1 contract

Samples: Washington Trust (Washington Trust Bancorp Inc)

Vesting of Restricted Stock. The Subject to the issuance of Restricted Stock pursuant to Paragraph 2, the restrictions and conditions in Paragraph 2 3 of this Agreement shall lapse on the Vesting Date or Dates specified in the following schedule so long as the Grantee remains an employee of the Company or a Subsidiary on such Datesschedule. If a series of Vesting Dates is specified, then the restrictions and conditions in Paragraph 2 3 shall lapse only with respect to the number of shares of Restricted Stock specified as vested on such date.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Stride Rite Corp)

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