Vesting Provisions. (a) The shares of Restricted Stock shall vest as follows: 50% of the Restricted Stock shall vest on the first anniversary of the Grant Date and 50% of the Restricted Stock shall vest on the second anniversary of the Grant Date; provided, that no shares of Restricted Stock shall vest unless on such vesting date the Recipient has, since the Grant Date, continuously provided Services to the Company.
Appears in 4 contracts
Samples: Restricted Stock Agreement (ASTROTECH Corp \WA\), Restricted Stock Agreement (ASTROTECH Corp \WA\), Form of Restricted Stock Agreement (ASTROTECH Corp \WA\)
