Additional Holding Period. In addition to any restrictions imposed pursuant to this Paragraph 2, if the Grantee is the CEO of the Trust, an Executive Vice President or a Senior Vice President, the Grantee hereby agrees that he or she shall hold the Restricted Shares received under this Award Agreement for a minimum of one year from the date such Restricted Shares vest.
Appears in 3 contracts
Samples: Restricted Share and Outperformance Unit Award Agreement (Pennsylvania Real Estate Investment Trust), Restricted Share Award Agreement (Pennsylvania Real Estate Investment Trust), Restricted Share Award Agreement (Pennsylvania Real Estate Investment Trust)
Additional Holding Period. In addition to any restrictions imposed pursuant to this Paragraph 2, if the Grantee is the CEO Chief Executive Officer of the Trust, an Executive Vice President or a Senior Vice President, the Grantee hereby agrees that he or she shall hold the Restricted Shares received under this Award Agreement for a minimum of one year from the date such Restricted Shares vest.
Appears in 1 contract
Samples: Restricted Share Award Agreement (Pennsylvania Real Estate Investment Trust)
