Common use of All Restricted Stock Clause in Contracts

All Restricted Stock. The Restricted Period shall end and the Restricted Stock will become fully vested and freely transferable by the Participant or his estate upon the death of the Participant or if the Participant becomes Disabled. Termination of Participant's service to the Company for any other reason prior to the end of the Restricted Period shall result in forfeiture of all Restricted Stock. The shares of Restricted Stock shall also become fully vested and the Restricted Period shall end in the event of a Change of Control of Pernix as provided in the Plan.

All Restricted Stock. The Restricted Period shall end and the Restricted Stock will become fully vested and freely transferable by the Participant Employee or his estate upon the death of the Participant Employee or if the Participant Employee becomes Disabled. Termination of Participant's service to the Company employment for any other reason prior to the end of the Restricted Period shall result in forfeiture of all Restricted Stock. The shares of Restricted Stock shall also become fully vested and the Restricted Period shall end in the event of a Change of Control of Pernix Tidewater as provided in the Plan.

All Restricted Stock. The Restricted Period shall end and the Restricted Stock will become fully vested and freely transferable by the Participant or his estate upon the death of the Participant or if the Participant becomes Disabled. Termination of Participant's ’s service to the Company for any other reason prior to the end of the Restricted Period shall result in forfeiture of all Restricted Stock. The shares of Restricted Stock shall also become fully vested and the Restricted Period shall end in the event of a Change of Control of Pernix GameTech as provided in the Plan.