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 percentages of the Shares specified on page 1 of this Award Agreement, on the respective dates specified on page 1; provided the Participant is then still employed by or in service of the Company or an Affiliate; or (b) Termination of a Participant's employment by reason of death or Disability; or
Appears in 4 contracts
Samples: Incentive Stock Option Award Agreement (Provident Community Bancshares, Inc.), Restricted Stock Award Agreement (BV Financial, Inc.), Restricted Stock Award Agreement (Ocean Shore Holding Co)
Expiration and Termination of Restrictions. The restrictions imposed under Section 2 above will expire on the earliest to occur of the following (the period prior to such expiration being is referred to herein as the "Restricted Period"):
(a) As to the percentages of the Restricted Shares specified on page 1 of this Award Agreement, on the respective dates specified on page 1; provided the Participant is then still you remain employed by or in service of to the Company or an Affiliate; or
(b) Termination of a Participant's your employment or service by reason of death or Disability; or
(c) Upon a Change in Control.
Appears in 1 contract
Samples: Restricted Stock Award Agreement (Ottawa Savings Bancorp, Inc.)
