Common use of Dates of Vesting Clause in Contracts

Dates of Vesting. Subject to the provisions of Paragraphs 4 and 5 below, the Restricted Shares shall cease to be restricted and shall become non-forfeitable (thereafter being referred to as “Vested Shares”) in accordance with the following schedule: 1st Anniversary of Grant Date 34 % 2nd Anniversary of Grant Date 67 % 3rd Anniversary of Grant Date 100 % Notwithstanding the foregoing, and subject to Paragraphs 4 and 5 below, in the event that the Grantee incurs a Termination of Service, any Restricted Shares that were unvested on the date of such Termination of Service shall be immediately forfeited to the Company.

Appears in 2 contracts

Samples: Restricted Stock Agreement (Associated Banc-Corp), Restricted Stock Agreement (Associated Banc-Corp)

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Dates of Vesting. Subject to the provisions of Paragraphs 4 and 5 below, the Restricted Shares shall cease to be restricted and shall become non-forfeitable (thereafter being referred to as “Vested Shares”) in accordance with the following schedule: 1st Anniversary of Grant Date 34 34% 2nd Anniversary of Grant Date 67 67% 3rd Anniversary of Grant Date 100 100% Notwithstanding the foregoing, and subject to Paragraphs 4 and 5 below, in the event that the Grantee incurs a Termination of Service, any Restricted Shares that were unvested on the date of such Termination of Service shall be immediately forfeited to the Company.

Appears in 1 contract

Samples: Restricted Stock Agreement (Associated Banc-Corp)

Dates of Vesting. Subject to the provisions of Paragraphs 4 and 5 belowof this Agreement, the Restricted Shares shall cease to be restricted and shall become non-forfeitable (thereafter being referred to as “Vested Shares”) in accordance with on certain dates (each such date, a “Vesting Date”) according to the following schedule: 1st Anniversary of Grant Date 34 % 2nd Anniversary of Grant Date 67 % 3rd Anniversary of Grant Date 100 % schedule set forth on Schedule A attached hereto. Notwithstanding the foregoing, and subject to Paragraphs 4 and 5 below, in the event that the Grantee incurs a Termination of ServiceService prior to any Vesting Date, any Restricted Shares that were unvested on at the date of such Termination of Service shall be immediately forfeited to the Company.

Appears in 1 contract

Samples: Restricted Stock Agreement (Power Solutions International, Inc.)

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Dates of Vesting. Subject to the provisions of Paragraphs 4 and 5 belowof this Agreement, the Restricted Shares shall cease to be restricted and shall become non-forfeitable (thereafter being referred to as “Vested Shares”) in accordance with two installments. The applicable vesting dates for the following scheduleShares subject to this award Agreement are as follows: 1st Anniversary of Grant Date 34 % 2nd Anniversary of Grant Date 67 % 3rd Anniversary of Grant Date 100 % (each such anniversary, a “Vesting Date”). Notwithstanding the foregoing, and subject to Paragraphs 4 and 5 below, in the event that the Grantee incurs a Termination of ServiceService prior to any Vesting Date, any Restricted Shares that were unvested on at the date of such Termination of Service shall be immediately forfeited to the Company.

Appears in 1 contract

Samples: Restricted Stock Agreement (Career Education Corp)

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