Common use of Distribution of Restricted Stock Clause in Contracts

Distribution of Restricted Stock. If Participant remains in the continuous employment of the Company or an Affiliate during the entire Restricted Period and otherwise does not forfeit such shares pursuant to subparagraph (c) hereof, all restrictions applicable to the shares of Restricted Stock shall lapse upon expiration of the Restricted Period and a certificate or certificates representing the shares of Common Stock that were granted to Participant in the form of shares of Restricted Stock shall be delivered to Participant.

Appears in 14 contracts

Samples: Performance Share Award Agreement (Owens & Minor Inc/Va/), Performance Share Award Agreement (Owens & Minor Inc/Va/), Performance Share Award Agreement (Owens & Minor Inc/Va/)

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Distribution of Restricted Stock. If Participant remains in the continuous employment of the Company or an Affiliate during the entire Restricted Period and otherwise does not forfeit such shares pursuant to subparagraph (csubsection 2(d) hereof, all restrictions applicable to the shares of Restricted Stock shall lapse upon expiration of the Restricted Period and a certificate or certificates representing the shares of Common Stock that were granted to Participant in the form of shares of Restricted Stock shall be delivered to Participant.

Appears in 7 contracts

Samples: Restricted Stock Agreement (Owens & Minor Inc/Va/), Restricted Stock Agreement (Owens & Minor Inc/Va/), Restricted Stock Agreement (Owens & Minor Inc/Va/)

Distribution of Restricted Stock. If Participant remains in a member of the continuous employment Board of Directors of the Company or an Affiliate during the entire Restricted Period and otherwise does not forfeit such shares pursuant to subparagraph (csubsection 2(d) hereof, all restrictions applicable to the shares of Restricted Stock shall lapse upon expiration of the Restricted Period and a certificate or certificates representing the shares of Common Stock that were granted to Participant in the form of shares of Restricted Stock shall be delivered to Participant.

Appears in 6 contracts

Samples: Director Restricted Stock Agreement (Owens & Minor Inc/Va/), Director Restricted Stock Agreement (Owens & Minor Inc/Va/), Director Restricted Stock Agreement (Owens & Minor Inc/Va/)

Distribution of Restricted Stock. If Participant remains in the continuous employment of the Company or an Affiliate during the entire applicable Restricted Period and otherwise does not forfeit such shares pursuant to subparagraph (csubsection 2(d) hereof, all restrictions applicable to the shares of Restricted Stock hereunder shall lapse upon expiration of the applicable Restricted Period and a certificate or certificates representing the shares of Common Stock that were granted to Participant in the form of shares of Restricted Stock shall be delivered to Participant.

Appears in 4 contracts

Samples: Restricted Stock Agreement (Owens & Minor Inc/Va/), Restricted Stock Agreement (Owens & Minor Inc/Va/), Restricted Stock Agreement (Owens & Minor Inc/Va/)

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Distribution of Restricted Stock. If Participant remains in the continuous employment of the Company or an Affiliate during the entire Restricted Period and otherwise does not forfeit such shares pursuant to subparagraph (csubsection 2(d) hereof, all restrictions applicable to the shares of Restricted Stock shall lapse upon expiration of the applicable Restricted Period and a certificate or certificates representing the shares of Common Stock that were granted to Participant in the form of shares of Restricted Stock shall be delivered to Participant.

Appears in 1 contract

Samples: Restricted Stock Agreement (Owens & Minor Inc/Va/)

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