Vesting of Shares. The shares acquired hereunder shall vest in accordance with the provisions of this Section 9 and applicable provisions of the Plan, as follows: 25% percent of the Shares on January 26, 2007 and an additional 6.25% on each three months anniversary thereafter until January 26, 2010. Notwithstanding the foregoing, no shares shall vest on any vesting date specified above unless the undersigned is then, and since the date of grant has continuously been, employed by the Company or its subsidiaries.
Appears in 4 contracts
Samples: Restricted Stock Award Agreement (Combinatorx, Inc), Restricted Stock Award Agreement (Combinatorx, Inc), Restricted Stock Award Agreement (Combinatorx, Inc)
Vesting of Shares. The shares acquired hereunder shall vest in accordance with the provisions of this Section 9 and applicable provisions of the Plan, as follows: 25% percent of the Shares on January 26, 2007 and an additional 6.2525% on each three months anniversary thereafter until January 26, 2010. Notwithstanding the foregoing, no shares shall vest on any vesting date specified above unless the undersigned is then, and since the date of grant has continuously been, employed by the Company or its subsidiaries.
Appears in 3 contracts
Samples: Restricted Stock Award Agreement (Combinatorx, Inc), Combinatorx, Inc, Combinatorx, Inc
Vesting of Shares. The shares acquired hereunder shall vest in accordance with the provisions of this Section 9 8 and applicable provisions of the Plan, as follows: 25% percent of the Shares on January 2615, 2007 2009 and an additional 6.2525% on each three months anniversary thereafter until January 2615, 20102012. Notwithstanding the foregoing, no shares shall vest on any vesting date specified above unless the undersigned is then, and since the date of grant has continuously been, employed by the Company or its subsidiaries.
Appears in 1 contract
Samples: Restricted Stock Award Agreement (Combinatorx, Inc)
Vesting of Shares. The shares acquired hereunder shall vest in accordance with the provisions of this Section 9 and applicable provisions of the Plan, as follows: 25100% percent of the Shares on January 26, 2007 and an additional 6.25% on each three months anniversary thereafter until January 26, 20102008. Notwithstanding the foregoing, no shares shall vest on any vesting date specified above unless the undersigned is then, and since the date of grant has continuously been, employed by the Company or its subsidiaries.
Appears in 1 contract
Samples: Restricted Stock Award Agreement (Combinatorx, Inc)
Vesting of Shares. The shares acquired hereunder shall vest in accordance with the provisions of this Section 9 8 and applicable provisions of the Plan, as follows: 25% percent of the Shares on January 26April 24, 2007 and an additional 6.2525% on each three months anniversary thereafter until January 26April 24, 2010. Notwithstanding the foregoing, no shares shall vest on any vesting date specified above unless the undersigned is then, and since the date of grant has continuously been, employed by the Company or its subsidiaries.
Appears in 1 contract
Samples: Restricted Stock Award Agreement (Combinatorx, Inc)
Vesting of Shares. The shares acquired hereunder shall vest in accordance with the provisions of this Section 9 8 and applicable provisions of the Plan, as follows: 25% percent of the Shares on January 26, 2007 2009 and an additional 6.2525% on each three months anniversary thereafter until January 26, 20102012. Notwithstanding the foregoing, no shares shall vest on any vesting date specified above unless the undersigned is then, and since the date of grant has continuously been, employed by the Company or its subsidiaries.
Appears in 1 contract
Samples: Restricted Stock Award Agreement (Combinatorx, Inc)
Vesting of Shares. The shares acquired hereunder shall vest in accordance with the provisions of this Section 9 Paragraph 5 and applicable provisions of the Plan, as follows: 25% percent one-fifth of the Shares on January 26, 2007 and an additional 6.25% on each three months anniversary thereafter until January 26, 2010of the first through fifth anniversaries of the effective date set forth in Paragraph 1 above. Notwithstanding the foregoing, no shares shall vest on any vesting date specified above unless the undersigned is then, and since the date of grant has continuously been, employed by the Company or its subsidiaries.
Appears in 1 contract
Samples: Restricted Stock Award Agreement (Michaels Stores Inc)
Vesting of Shares. The shares acquired hereunder shall vest in accordance with the provisions of this Section 9 8 and applicable provisions of the Plan, as follows: 2550% percent of the Shares on January 26, 2007 and an additional 6.2512.5% on each three months anniversary thereafter until January 26, 20102008. Notwithstanding the foregoing, no shares shall vest on any vesting date specified above unless the undersigned is then, and since the date of grant has continuously been, employed by the Company or its subsidiaries.
Appears in 1 contract
Samples: Restricted Stock Award Agreement (Combinatorx, Inc)
Vesting of Shares. The shares acquired hereunder shall vest in accordance with the provisions of this Section 9 8 and applicable provisions of the Plan, as follows: 25% percent of the Shares on January 26April 24, 2007 and an additional 6.25% on each three months anniversary thereafter until January 26April 24, 2010. Notwithstanding the foregoing, no shares shall vest on any vesting date specified above unless the undersigned is then, and since the date of grant has continuously been, employed by the Company or its subsidiaries.
Appears in 1 contract
Samples: Restricted Stock Award Agreement (Combinatorx, Inc)
Vesting of Shares. The shares acquired hereunder shall vest in accordance with the provisions of this Section 9 Paragraph 5 and applicable provisions of the Plan, as follows: 25% percent of the Shares on January 26, 2007 and an additional 6.25% on each three months anniversary thereafter until January 26, 2010201 . Notwithstanding the foregoing, no shares shall vest on any vesting date specified above unless the undersigned is then, and since the date of grant has continuously been, employed by a member of the Board of Directors of the Company or its subsidiaries.
Appears in 1 contract
Samples: Restricted Stock Award Agreement (Michaels Stores Inc)