Common use of Vesting of Restricted Stock Clause in Contracts

Vesting of Restricted Stock. The shares of Stock subject to this Award shall remain forfeitable until the risks of forfeiture lapse according to the following vesting schedule: Vesting Date Cumulative Shares/Percent Vested If the Participant’s [employment/directorship/relationship] with the Company (or a subsidiary of the Company) ceases at any time prior to a Vesting Date for any reason, including the Participant’s voluntary resignation or retirement, the Participant shall immediately forfeit all shares of Stock subject to this Award which have not yet vested and for which the risks of forfeiture have not lapsed.

Appears in 2 contracts

Samples: Restricted Stock Agreement (Winland Electronics Inc), Restricted Stock Agreement (Winland Electronics Inc)

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Vesting of Restricted Stock. The shares of Stock subject to this Award shall remain forfeitable until the risks of forfeiture lapse according to the following vesting schedule: Vesting Date Cumulative Shares/Percent Vested If the Participant’s [employment/directorship/relationship] with the Company (or a subsidiary of the Company) ceases at any time prior to a Vesting Date for any reason, including the Participant’s voluntary resignation or retirement, the Participant shall immediately forfeit all shares of Stock subject to this Award which have not yet vested and for which the risks of forfeiture have not lapsed.

Appears in 2 contracts

Samples: Agreement (Bluestem Brands, Inc.), Restricted Stock Agreement (Bluestem Brands, Inc.)

Vesting of Restricted Stock. The shares of Stock subject to this Award shall remain forfeitable until the risks of forfeiture lapse according to the following vesting schedule: Vesting Date Cumulative Shares/Percent Vested If the Participant’s [employment/directorship/relationship] with the Company (or a subsidiary of the Company) ceases at any time prior to a Vesting Date for any reason, including the Participant’s voluntary resignation or retirement, the Participant shall immediately forfeit all shares of Stock subject to this Award which have not yet vested and for which the risks of forfeiture have not lapsed.Number

Appears in 1 contract

Samples: Restricted Stock Agreement (Talon Therapeutics, Inc.)

Vesting of Restricted Stock. The shares of Stock subject to this Award shall remain forfeitable until the risks of forfeiture lapse according to the following vesting schedule: Vesting Date Cumulative Percentage of Shares/Percent Vested If the Participant’s [employment/directorship/relationship] with the Company (or a subsidiary of the Company) ceases at any time prior to a Vesting Date for any reason, including the Participant’s voluntary resignation or retirement, the Participant shall immediately forfeit all shares of Stock subject to this Award which have not yet vested and for which the risks of forfeiture have not lapsed.

Appears in 1 contract

Samples: Restricted Stock Agreement (Christopher & Banks Corp)

Vesting of Restricted Stock. (a) The shares of Stock Shares subject to this Award shall remain forfeitable until the risks of forfeiture lapse according to the following vesting schedule: Vesting Date Cumulative Shares/Percent Vested If the Participant’s [employment/directorship/relationship] with the Company (or a subsidiary of the Company) ceases at any time prior to a Vesting Date for any reason, including the Participant’s voluntary resignation or retirement, the Participant shall immediately forfeit all shares of Stock subject to this Award which have not yet vested and for which the risks of forfeiture have not lapsed.Number

Appears in 1 contract

Samples: Restricted Stock Agreement (Cantel Medical Corp)

Vesting of Restricted Stock. The shares of Stock subject to this Award shall remain forfeitable until the risks of forfeiture lapse according to the following vesting schedule: Vesting Date Cumulative Shares/Percent Vested If the Participant’s [employment/directorship/relationship] with the Company (or a subsidiary of the Company) ceases at any time prior to a Vesting Date for any reason, including the Participant’s voluntary resignation or retirement, the Participant shall immediately forfeit all shares of Stock subject to this Award which have not yet vested and for which the risks of forfeiture have not lapsed.Percentage

Appears in 1 contract

Samples: Restricted Stock Agreement (Cardiovascular Systems Inc)

Vesting of Restricted Stock. a. The shares of Stock subject to this Award shall remain forfeitable until the risks of forfeiture lapse according to the following vesting schedule: Vesting Date Cumulative Shares/Percent Vested If the Participant’s [employment/directorship/relationship] with the Company (or a subsidiary of the Company) ceases at any time prior to a Vesting Date for any reason, including the Participant’s voluntary resignation or retirement, the Participant shall immediately forfeit all shares of Stock subject to this Award which have not yet vested and for which the risks of forfeiture have not lapsed.provisions:

Appears in 1 contract

Samples: Restricted Stock Agreement (Analysts International Corp)

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Vesting of Restricted Stock. a) The shares of Stock subject to this Award shall remain forfeitable until the risks of forfeiture lapse according to the following vesting schedule: Vesting Date Cumulative Shares/Percent Vested If the Participant’s [employment/directorship/relationship] with the Company (or a subsidiary of the Company) ceases at any time prior to a Vesting Date for any reason, including the Participant’s voluntary resignation or retirement, the Participant shall immediately forfeit all shares of Stock subject to this Award which have not yet vested and for which the risks of forfeiture have not lapsed.Percentage

Appears in 1 contract

Samples: Restricted Stock Agreement (Cash Systems Inc)

Vesting of Restricted Stock. (a) The shares of Stock subject to this Award shall remain forfeitable until the risks of forfeiture lapse according to the following vesting schedule: Vesting Date Cumulative Shares/Percent Vested If the Participant’s [employment/directorship/relationship] with the Company (or a subsidiary of the Company) ceases at any time prior to a Vesting Date for any reason, including the Participant’s voluntary resignation or retirement, the Participant shall immediately forfeit all shares of Stock subject to this Award which have not yet vested and for which the risks of forfeiture have not lapsed.:

Appears in 1 contract

Samples: Restricted Stock Agreement (Iowa Telecommunications Services Inc)

Vesting of Restricted Stock. The shares of Common Stock subject to this Award shall remain forfeitable until the risks of forfeiture lapse according to the following vesting schedule: Vesting Date Cumulative Shares/Percent Vested If schedule set forth in the Participant’s [employment/directorship/relationship] with the Company (or a subsidiary of the Company) ceases at any time prior to a Vesting Date for any reason, including the Participant’s voluntary resignation or retirement, the Participant shall immediately forfeit all shares of Stock subject to this Award which have not yet vested and for which the risks of forfeiture have not lapsedSummary.

Appears in 1 contract

Samples: Restricted Stock Agreement (Cardiovascular Systems Inc)

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