Common use of Expiration and Termination of Restrictions Clause in Contracts

Expiration and Termination of Restrictions. The restrictions imposed under Section 2 will expire on the earliest to occur of the following (the period prior to such expiration being referred to herein as the “Restricted Period”): (a) As to the fractions of the Shares specified on page 1 hereof, on the respective dates specified on page 1 hereof; provided Grantee is then still employed by the Company or an Affiliate; or (b) As to all of the unvested Shares, on the date of termination of Grantee’s employment by reason of death or Disability. (c) As to all of the unvested Shares, on the date of termination of Grantee’s employment by the Company without Cause or by Grantee for Good Reason. (d) As to all of the unvested Shares, upon the occurrence of a Change in Control. For purposes of this Agreement, “Cause,” “Disability,” “Good Reason,” and “Change in Control” shall have the same meaning as in Grantee’s Fourth Amended and Restated Executive Employment Agreement, dated as of January 1, 2005.

Appears in 1 contract

Samples: Restricted Stock Agreement (Premiere Global Services, Inc.)

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Expiration and Termination of Restrictions. The restrictions imposed under Section 2 will expire on the earliest to occur of the following (the period prior to such expiration being referred to herein as the “Restricted Period”): (a) As to the fractions of the Shares specified on page 1 hereof, on On the respective dates specified on page 1 hereof; provided Grantee is then still employed by the Company or an Affiliate; or (b) As to all of the unvested Shares, on the date of termination of Grantee’s employment by reason of death or Disability. (c) As to all of the unvested Shares, on the date of termination of Grantee’s employment by the Company without Cause or by the Grantee for Good Reason. (d) As to all of the unvested Shares, upon the occurrence of a Change in Control. For purposes of this Agreement, “Cause,” “Disability,” “Good Reason,” and “Change in Control” shall have the same meaning as in Grantee’s Fourth Amended and Restated Executive Employment Agreement, dated as of January 1, 2005.

Appears in 1 contract

Samples: Restricted Stock Agreement (Premiere Global Services, Inc.)

Expiration and Termination of Restrictions. The restrictions imposed under Section 2 will expire on the earliest to occur of the following (the period prior to such expiration being referred to herein as the “Restricted Period”): (a) As to the fractions of the Shares specified on page 1 hereof, on the respective dates specified on page 1 hereof; provided Grantee is then still employed by the Company or an Affiliate; or (b) As to all of the unvested Shares, on the date of termination of Grantee’s employment by reason of death or Disability. (c) As to all of the unvested Shares, on the date of termination of Grantee’s employment by the Company without Cause or by the Grantee for Good Reason. (d) As to all of the unvested Shares, upon the occurrence of a Change in Control. For purposes of this Agreement, “Cause,” “Disability,” “Good Reason,” and “Change in Control” shall have the same meaning as in Grantee’s Fourth Amended and Restated Executive Employment Agreement, dated as of January 1, 2005.

Appears in 1 contract

Samples: Restricted Stock Agreement (Premiere Global Services, Inc.)

Expiration and Termination of Restrictions. The restrictions imposed under Section 2 will expire on the earliest to occur of the following (the period prior to such expiration being referred to herein as the “Restricted Period”): (a) As to the fractions of the Shares specified on page 1 hereof, on On the respective dates specified on page 1 hereof; provided Grantee is then still employed by the Company or an Affiliate; or (b) As to all of the unvested Shares, on the date of termination of Grantee’s employment by reason of death or Disability. (c) As to all of the unvested Shares, on the date of termination of Grantee’s employment by the Company without Cause or by the Grantee for Good Reason. (d) As to all of the unvested Shares, upon the occurrence of a Change in Control. For purposes of this Agreement, “Cause,” “Disability,” “Good Reason,” and “Change in Control” shall have the same meaning as in Grantee’s Fourth Amended and Restated Executive Employment Agreement, dated as of January 1, 2005.

Appears in 1 contract

Samples: Restricted Stock Agreement (Premiere Global Services, Inc.)

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Expiration and Termination of Restrictions. The restrictions imposed under Section 2 will expire on the earliest to occur of the following (the period prior to such expiration being referred to herein as the “Restricted Period”): (a) As to the fractions of the Shares specified on page 1 hereof, on On the respective dates specified on page 1 hereof; provided Grantee is then still employed by the Company or an Affiliate; or (b) As to all of the unvested Shares, on the date of termination of Grantee’s employment by reason of death or Disability. (c) As to all of the unvested Shares, on the date of termination of Grantee’s employment by the Company without Cause or by the Grantee for Good Reason. (d) As to all of the unvested Shares, upon the occurrence of a Change in Control. For purposes of this Agreement, “Cause,” “Disability,” “Good Reason,” and “Change in Control” shall have the same meaning as in Grantee’s Fourth Amended and Restated Executive Employment Agreement, dated effective as of January 1, 2005, as further amended on September 15, 2006.

Appears in 1 contract

Samples: Restricted Stock Agreement (Premiere Global Services, Inc.)

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