Effect of Termination of Employment or Services. (a) The Restricted Stock granted pursuant to this Agreement shall vest in accordance with the vesting schedule reflected in Paragraph 2(b) above, as long as the Participant remains employed by or continues to provide services to the Company or a Subsidiary. If, however, either:
Appears in 11 contracts
Samples: Restricted Stock Agreement for Employees (Hercules Offshore, Inc.), Restricted Stock Agreement (Hercules Offshore, Inc.), Restricted Stock Agreement (Flowserve Corp)
Effect of Termination of Employment or Services. (a) The Restricted Stock granted pursuant to this Agreement shall will vest in accordance with the vesting schedule reflected in Paragraph 2(b) above, as long as on the condition that the Participant remains employed by or continues to provide services to the Company or a SubsidiarySubsidiary through each applicable vesting date set forth in Paragraph 2(b). If, however, either:
Appears in 4 contracts
Samples: Restricted Stock Agreement (Flowserve Corp), Restricted Stock Agreement (Flowserve Corp), Restricted Stock Agreement (Flowserve Corp)
Effect of Termination of Employment or Services. (a) The Restricted Stock granted pursuant to this Agreement shall vest in accordance with the vesting schedule reflected in Paragraph 2(bSection 2(a) above, as long as the Participant remains employed by or Recipient continues to provide services Services to the Company or a SubsidiaryCompany. If, however, prior to the date on which the Restricted Stock vests pursuant to Section 2(a), either:
Appears in 4 contracts
Samples: Restricted Stock Agreement (ASTROTECH Corp \WA\), Restricted Stock Agreement (ASTROTECH Corp \WA\), Form of Restricted Stock Agreement (ASTROTECH Corp \WA\)
Effect of Termination of Employment or Services. (a) The Restricted Stock Performance Shares granted pursuant to this Agreement shall vest in accordance with the vesting schedule reflected in provisions of Paragraph 2(b2(a) above, as long as the Participant remains employed by or continues to provide services to the Company or a Subsidiary. If, however, either:
Appears in 2 contracts
Samples: Performance Restricted Stock Unit Agreement (Flowserve Corp), Performance Restricted Stock Unit Agreement (Flowserve Corp)
Effect of Termination of Employment or Services. (a) The Restricted Common Stock Equivalents granted pursuant to this Agreement shall vest in accordance with the vesting schedule reflected in Paragraph 2(b) aboveon Exhibit A, as long as the Participant remains employed by or continues to provide services to the Company or a Subsidiary. If, however, either:
Appears in 1 contract
Effect of Termination of Employment or Services. (a) The Restricted Stock Performance Shares granted pursuant to this Agreement shall vest in accordance with the vesting schedule reflected in Paragraph 2(b2(a) above, as long as the Participant remains employed by or continues to provide services to the Company or a Subsidiary. IfThe Performance Shares granted pursuant to this Agreement shall cease vesting and shall be immediately forfeited upon the date the Participant terminates employment, however, eitherunless:
Appears in 1 contract
Samples: Performance Restricted Stock Agreement (Flowserve Corp)
