Common use of General Vesting Clause in Contracts

General Vesting. The shares of Restricted Stock shall become vested in the following amounts, at the following times and upon the following conditions, provided that the Continuous Service of the Recipient continues through and on the applicable Vesting Date: Number of Shares of Restricted Stock Vesting Date [ ] [ ] [ ] [ ] Except as otherwise provided in Sections [2(b),] [2(c),] [2(d),] [2(e)] and 4 hereof, there shall be no proportionate or partial vesting of shares of Restricted Stock in or during the months, days or periods prior to each Vesting Date, and all vesting of shares of Restricted Stock shall occur only on the applicable Vesting Date.

Appears in 5 contracts

Samples: Restricted Stock Agreement, Restricted Stock Agreement (Kid Castle Educational Corp), Restricted Stock Agreement (Video River Networks, Inc.)

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General Vesting. The shares Shares of Restricted Stock shall become vested in the following amounts, at the following times and upon the following conditions, provided that the Continuous Termination of Service of the Recipient continues through and on Participant does not occur before the applicable date on which the Shares of Restricted Stock become vested (the “Vesting Date: ”): Number of Shares of Restricted Stock Vesting Date [ ] [ ] [ ] [ ] Except as otherwise provided in Sections [2(b),] [2(c),] [2(d),] [2(e)] ) and 4 hereof, there shall be no proportionate or partial vesting of shares Shares of Restricted Stock in or during the months, days or periods prior to each Vesting Date, and all vesting of shares Shares of Restricted Stock shall occur only on the applicable Vesting Date.

Appears in 4 contracts

Samples: Restricted Stock Agreement (Industrial Income Trust Inc.), Restricted Stock Agreement (Industrial Income Trust Inc.), Restricted Stock Agreement (Industrial Property Trust Inc.)

General Vesting. The shares Shares of Restricted Stock shall become vested in the following amounts, at the following times and upon the following conditions, provided that the Continuous Termination of Service of the Recipient continues through and on Participant does not occur before the applicable date on which the Shares of Restricted Stock become vested (the “Vesting Date”), or the closest Business Day thereafter: Number of Shares of Restricted Stock Vesting Date [ ] [ ] [ ] [ ] Except as otherwise provided in Sections [2(b),] [2(c),] [2(d),] [2(e)] ) and 4 hereof, there shall be no proportionate or partial vesting of shares Shares of Restricted Stock in or during the months, days or periods prior to each Vesting Date, and all vesting of shares Shares of Restricted Stock shall occur only on the applicable Vesting Date, or the closest Business Day thereafter.

Appears in 2 contracts

Samples: Restricted Stock Agreement (BLACK CREEK INDUSTRIAL REIT IV Inc.), Restricted Stock Agreement (BLACK CREEK INDUSTRIAL REIT IV Inc.)

General Vesting. The shares of Except as otherwise provided in Section 2(b), the Restricted Stock Units shall become vested in the following amounts, at the following times times, and upon the following conditions, provided that the Continuous Service of the Recipient continues through and on the applicable Vesting Date: Number of Shares Percentage of Restricted Stock Units Vesting Date [ ] [ ] [ ] [ ] Except as otherwise provided in Sections [2(b),] [2(c),] [2(d),] [2(e)] and 4 hereof, there % % There shall be no proportionate or partial vesting of shares of Restricted Stock Units in or during the months, days or periods prior to each Vesting Date, and except as otherwise provided in Section 2(b) hereof, all vesting of shares of Restricted Stock Units shall occur only on the applicable Vesting Date.

Appears in 2 contracts

Samples: Stock Option Agreement, Option Agreement (Lifelock, Inc.)

General Vesting. The shares of Restricted Stock shall become vested in the following amounts, at the following times and upon the following conditions, provided that the Continuous Service of the Recipient continues through and on the applicable Vesting DateDate [the minimum vesting period is 12 months and no portion of the award can vest prior to 12 months]: Number of Shares of Restricted Stock Vesting Date [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] Except as otherwise provided in Sections [2(b),] [2(c),] [2(d),] [2(e)] ) and 4 hereof, there shall be no proportionate or partial vesting of shares of Restricted Stock in or during the months, days or periods prior to each Vesting Date, and all vesting of shares of Restricted Stock shall occur only on the applicable Vesting Date.

Appears in 1 contract

Samples: Restricted Stock Agreement (Rti Surgical, Inc.)

General Vesting. The shares of Restricted Stock shall become vested in the following amounts, at the following times (each a “Vesting Date”), subject to the terms and upon conditions herein and in the following conditionsPlan, provided that the Continuous Service of the Recipient Grantee continues through and on the applicable Vesting Date: Number of Shares of Restricted Stock Vesting Date [ ] [ ] [ ] [ ] Except as otherwise provided in Sections [2(b),] [, 2(c),] [, 2(d),] [, 2(e)] ) and 4 hereof, there shall be no proportionate or partial vesting of shares of Restricted Stock in or during the months, days or periods prior to each the Vesting Date, and all vesting of shares of Restricted Stock shall occur only on the applicable Vesting Date.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Schottenstein Realty Trust, Inc.)

General Vesting. The shares of Restricted Stock shall become vested in the following amounts, at the following times and upon the following conditions, provided that the Continuous Service of the Recipient continues through and on the applicable Vesting Date: Number of Shares Percentage of Restricted Stock Vesting Date [ ] [ ] [ ] [ ] Except as otherwise provided in Sections [2(b),] [2(c),] [2(d),] [2(e)] ) and (c) and 4 hereof, there shall be no proportionate or partial vesting of shares of Restricted Stock in or during the months, days or periods prior to each Vesting Date, and all vesting of shares of Restricted Stock shall occur only on the applicable Vesting Date. The applicable Vesting Date shall be determined in reference to the date of execution of the offer letter between the Company and the Recipient.

Appears in 1 contract

Samples: Restricted Stock Agreement (Paysign, Inc.)

General Vesting. The shares Shares of Restricted Stock shall become vested in the following amounts, at the following times and upon the following conditions, provided that the Continuous Termination of Service of the Recipient continues through and on Participant does not occur before the applicable date on which the Shares of Restricted Stock become vested (the “Vesting Date: ”): Number of Shares of Restricted Stock Vesting Date [ ] [ ] ], 20 [ ] [ ] ], 20 Except as otherwise provided in Sections [2(b),] [, 2(c),] [2(d),] [2(e)] , and 4 hereof, there shall be no proportionate or partial vesting of shares Shares of Restricted Stock in or during the months, days or periods prior to each Vesting Date, and all vesting of shares Shares of Restricted Stock shall occur only on the applicable Vesting Date.

Appears in 1 contract

Samples: Dividend Capital Diversified Property Fund Inc.

General Vesting. The shares of Restricted Stock shall become vested in the following amounts, amounts and at the following times and upon the following conditionstimes, provided that the Continuous Service of the Recipient continues through and on the applicable Vesting Date: Number of Shares of Restricted Stock Vesting Date [ ] [ ] [ ] [ ] 33% 33% 34% Except as otherwise provided in Sections [2(b),] [, 2(c),] [2(d),] [2(e)] ) and 4 hereof, there shall be no proportionate or partial vesting of shares of Restricted Stock in or during the months, days or periods prior to each Vesting Date, and all vesting of shares of Restricted Stock shall occur only on the applicable Vesting Date.

Appears in 1 contract

Samples: Restricted Stock Agreement (Hanmi Financial Corp)

General Vesting. The shares of Restricted Stock shall become vested in the following amounts, at the following times and upon the following conditions, provided that the Continuous Service of the Recipient continues through and on the applicable Vesting Date: Number of Shares of Restricted Stock Vesting Date [ ] [ ] [ ] [ ] Except as otherwise provided in Sections [2(b),] [2(c),] [2(d),] [2(e)] ) and 4 hereof, there shall be no proportionate or partial vesting of shares of Restricted Stock in or during the months, days or periods prior to each Vesting Date, and all vesting of shares of Restricted Stock shall occur only on the applicable Vesting Date.

Appears in 1 contract

Samples: Restricted Stock Agreement (Hanmi Financial Corp)

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General Vesting. The shares of Restricted Stock shall become vested in the following amounts, at the following times and upon the following conditions, provided that the Continuous Service of the Recipient continues through and on the applicable Vesting Date: Number of Shares of Restricted Stock Vesting Date [ ] [ ] [ ] [ ] Except as otherwise provided in Sections [2(b),] [, 2(c),] [, 2(d),] [2(e)] ) and 4 hereof, there shall be no proportionate or partial vesting of shares of Restricted Stock in or during the months, days or periods prior to each Vesting Date, and all vesting of shares of Restricted Stock shall occur only on the applicable Vesting Date.

Appears in 1 contract

Samples: Restricted Stock Agreement (GlassesOff Inc.)

General Vesting. The shares of Restricted Stock shall become vested in the following amounts, at the following times and upon the following conditions, provided that the Continuous Service of the Recipient continues through and on the applicable Vesting Date: Number of Shares Percentage of Restricted Stock Vesting Date [ ] [ ] [ ] [ ] Except as otherwise provided in Sections [2(b),] [2(c),] [2(d),] [2(e)] 3(b) and 4 (c) and 5 hereof, or in the Plan, there shall be no proportionate or partial vesting of shares of Restricted Stock in or during the months, days or periods prior to each Vesting Date, and all vesting of shares of Restricted Stock shall occur only on the applicable Vesting Date. The applicable Vesting Date shall be determined in reference to the date of execution of the offer letter between the Company and the Recipient.

Appears in 1 contract

Samples: Restricted Stock Agreement (Paysign, Inc.)

General Vesting. The shares of Restricted Stock shall become vested in the following amounts, at the following times and upon the following conditions, provided that the Continuous Service of the Recipient continues through and on the applicable Vesting Date: Number of Shares of Restricted Stock Vesting Date [ ] [ ] [ ] [ ] Except as otherwise provided in Sections [2(b),] [2(c),] [2(d),] [2(e)] ) and (c) and 4 hereof, there shall be no proportionate or partial vesting of shares of Restricted Stock in or during the months, days or periods prior to each Vesting Date, and all vesting of shares of Restricted Stock shall occur only on the applicable Vesting Date. The applicable Vesting Date shall be determined in reference to the date of execution of the offer letter between the Company and the Recipient.

Appears in 1 contract

Samples: Restricted Stock Agreement (3pea International, Inc.)

General Vesting. The shares of Restricted Stock shall become vested in the following amounts, at the following times and upon the following conditions, provided that the Continuous Service of the Recipient continues through and on the applicable Vesting Date: Number of Shares of Restricted Stock Vesting Date [ ] [ ] [ ] [ ] [ ] [ ] Except as otherwise provided in Sections [2(b),] [, 2(c),] [2(d),] [2(e)] ) and 4 hereof, there shall be no proportionate or partial vesting of shares of Restricted Stock in or during the months, days or periods prior to each Vesting Date, and all vesting of shares of Restricted Stock shall occur only on the applicable Vesting Date.

Appears in 1 contract

Samples: Restricted Stock Agreement (Platform Specialty Products Corp)

General Vesting. The shares of Restricted Stock shall become vested in the following amounts, at the following times and upon the following conditions, provided that the Continuous Service of the Recipient continues through and on the applicable Vesting Date: Number of Shares of Restricted Stock Vesting Date [ ] [ ] [ ] [ ] 1/3 of the Restricted Stock 07/20/2021 1/3 of the Restricted Stock 07/20/2022 the remainder of the Restricted Stock 07/20/2023 Except as otherwise provided in Sections [2(b),] [, 2(c),] [2(d),] [2(e)] ) and 4 hereof, there shall be no proportionate or partial vesting of shares of Restricted Stock in or during the months, days or periods prior to each Vesting Date, and all vesting of shares of Restricted Stock shall occur only on the applicable Vesting Date.

Appears in 1 contract

Samples: Consultant Agreement (Surgalign Holdings, Inc.)

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