Common use of Extension of Vesting Period Clause in Contracts

Extension of Vesting Period. The first sentence of Section 3 of the Original Agreement is hereby amended and restated in its entirety as follows: “The Restricted Shares will vest upon the latest to occur of: (i) a public offering by the Trust sufficient to liquidate the Restricted Shares; (ii) an exchange of the Trust’s existing shares for new shares, and (iii) September 30, 2016.”

Appears in 1 contract

Samples: Restricted Share Agreement (Paragon Real Estate Equity & Investment Trust)

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Extension of Vesting Period. The first sentence of Section 3 of the Original Agreement is hereby amended and restated in its entirety as follows: “The Restricted Shares will vest upon the latest to occur of: (i) a public offering by the Trust sufficient to liquidate the Restricted Shares; (ii) an exchange of the Trust’s existing shares for new shares, and (iii) September 30, 20162014.”

Appears in 1 contract

Samples: Restricted Share Agreement (Paragon Real Estate Equity & Investment Trust)

Extension of Vesting Period. The first sentence of Section 3 of the Original Agreement is hereby amended and restated in its entirety as follows: “The Restricted Shares will vest upon the latest to occur of: (i) a public offering by the Trust sufficient to liquidate the Restricted Shares; (ii) an exchange of the Trust’s existing shares for new shares, and (iii) September 30, 20162013.”

Appears in 1 contract

Samples: Restricted Share Agreement (Paragon Real Estate Equity & Investment Trust)

Extension of Vesting Period. The first sentence of Section 3 of the Original Agreement is hereby amended and restated in its entirety as follows: “The Restricted Shares will vest upon the latest to occur of: (i) a public offering by the Trust sufficient to liquidate the Restricted Shares; (ii) an exchange of the Trust’s existing shares for new shares, and (iii) September 3029, 20162010.”

Appears in 1 contract

Samples: Restricted Share Agreement (Paragon Real Estate Equity & Investment Trust)

Extension of Vesting Period. The first sentence of Section 3 of the Original Agreement is hereby amended and restated in its entirety as follows: “The Restricted Shares will vest upon the latest to occur of: (i) a public offering by the Trust sufficient to liquidate the Restricted Shares; (ii) an exchange of the Trust’s existing shares for new shares, and (iii) September 3029, 20162012.”

Appears in 1 contract

Samples: Restricted Share Agreement (Paragon Real Estate Equity & Investment Trust)

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Extension of Vesting Period. The first sentence of Section 3 of the Original Agreement is hereby amended and restated in its entirety as follows: “The Restricted Shares will vest upon the latest to occur of: (i) a public offering by the Trust sufficient to liquidate the Restricted Shares; (ii) an exchange of the Trust’s existing shares for new shares, and (iii) September 3029, 20162011.”

Appears in 1 contract

Samples: Restricted Share Agreement (Paragon Real Estate Equity & Investment Trust)

Extension of Vesting Period. The first sentence of Section 3 of the Original Agreement is hereby amended and restated in its entirety as follows: “The Restricted Shares will vest upon the latest to occur of: (i) a public offering by the Trust sufficient to liquidate the Restricted Shares; (ii) an exchange of the Trust’s existing shares for new shares, and (iii) September 3029, 20162009.”

Appears in 1 contract

Samples: Restricted Share Agreement (Paragon Real Estate Equity & Investment Trust)

Extension of Vesting Period. The first sentence of Section 3 of the Original Agreement is hereby amended and restated in its entirety as follows: “The Restricted Shares will vest upon the latest to occur of: (i) a public offering by the Trust sufficient to liquidate the Restricted Shares; (ii) an exchange of the Trust’s existing shares for new shares, and (iii) September 30, 20162015.”

Appears in 1 contract

Samples: Restricted Share Agreement (Paragon Real Estate Equity & Investment Trust)

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