Common use of Date Shares Vesting Clause in Contracts

Date Shares Vesting. [●] [●] [●] [●] [●] [●] [●] [●] If and to the extent provided in an employment, change of control, severance or similar agreement executed by the Participant and the Company or by a determination by the Administrator, in each case pursuant and subject to Section 15 of the Plan, this Award may become fully-vested and exercisable in connection with a Change of Control as defined in Section 1(f) of the Plan. Subject to such other terms and conditions set forth in this Agreement, the Participant shall not be entitled to the removal of transfer restrictions on the Shares until the Administrator determines the number of Shares, if any, which have vested and for which risks of forfeiture have lapsed.]

Appears in 3 contracts

Samples: Restricted Stock Award Agreement (BIO-TECHNE Corp), Restricted Stock Award Agreement (BIO-TECHNE Corp), Restricted Stock Award Agreement (BIO-TECHNE Corp)

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Date Shares Vesting. [●] [●] [●] [●] [●] [●] [●] [●] If and to the extent provided in an employment, change of control, severance or similar agreement executed by the Participant and the Company or by a determination by the Administrator, in each case pursuant and subject to Section 15 of the Plan, this Award may become fully-vested and exercisable in connection with a Change of Control as defined in Section 1(f) of the Plan. Subject to such other terms and conditions set forth in this Agreement, the Participant shall not be entitled to the removal of transfer restrictions on the Shares until the Administrator determines the number of Shares, if any, which have vested and for which risks of forfeiture have lapsed.]

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (BIO-TECHNE Corp), Restricted Stock Award Agreement (BIO-TECHNE Corp)

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