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 Termination of Service of the Participant does not occur before the applicable date on which the Shares of Restricted Stock become vested (the “Vesting Date”): Except as otherwise provided in Sections 2(b) 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 4 contracts

Samples: Restricted Stock Agreement (Industrial Income Trust Inc.), Restricted Stock Agreement (Industrial Income Trust Inc.), Restricted Stock Agreement (Industrial Property Trust 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 Termination of Continuous Service of the Participant does not occur before Recipient continues through and on the applicable date on which the Shares of Restricted Stock become vested (the “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 (Kid Castle Educational Corp), Restricted Stock Agreement (Video River Networks, Inc.), 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 Termination of Service of the 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: Except as otherwise provided in Sections 2(b) 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, 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 shares of Restricted Stock shall become vested in the following amounts, at the following times and upon the following conditions, provided that the Termination of Continuous Service of the Participant does not occur before Recipient continues through and on the applicable date on which the Vesting Date: Number of Shares of Restricted Stock become vested (the “Vesting Date”): Date [ ] [ ] [ ] [ ] [ ] [ ] Except as otherwise provided in Sections 2(b), 2(c) 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: Restricted Stock Agreement (Platform Specialty Products Corp)

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 Termination of Continuous Service of the Participant does not occur before Recipient continues through and on the applicable date on which the Shares of Restricted Stock become vested (the “Vesting Date”): : Except as otherwise provided in Sections 2(b3(b) and 4 (c) and 5 hereof, or in the Plan, 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. 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 Termination of Continuous Service of the Participant does not occur before Recipient continues through and on the applicable date on which the Vesting Date: Number of Shares of Restricted Stock become vested (the “Vesting Date”): Date Except as otherwise provided in Sections 2(b) 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: Restricted Stock Agreement (Hanmi Financial Corp)

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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 Termination of Continuous Service of the Participant does not occur before Recipient continues through and on the applicable date on which the Shares of Restricted Stock become vested (the “Vesting Date”): : Except as otherwise provided in Sections 2(b), 2(c), 2(d) 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: Restricted Stock Agreement (GlassesOff 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 Termination of Continuous Service of the Participant does not occur before Recipient continues through and on the applicable date on which the Shares of Restricted Stock become vested (the “Vesting Date”): : Except as otherwise provided in Sections 2(b) and (c) 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. 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 Termination of Continuous Service of the Participant does not occur before Recipient continues through and on the applicable date on which the Shares of Restricted Stock become vested (the “Vesting Date”): : [ ] [ ] [ ] [ ] Except as otherwise provided in Sections 2(b) and (c) 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. 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.)

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