Holding Period Requirement. As a condition to receipt of this Award, Awardee hereby acknowledges and agrees to be bound by applicable stock holding requirements that could require that the Awardee hold and not transfer under any circumstance until the Awardee’s termination of employment with the Company or Subsidiary Corporation: 50% (rounded to the nearest whole share) of the total shares of Stock issued to Awardee pursuant to vesting of the RSU award (such percentage applying to Award Shares, net of any portion withheld to satisfy the Withholding Obligation).
Appears in 3 contracts
Samples: Award Agreement (Jack in the Box Inc /New/), Stock Unit Award Agreement (Jack in the Box Inc /New/), Award Agreement (Jack in the Box Inc /New/)
Holding Period Requirement. As a condition to receipt of this Award, Awardee hereby acknowledges and agrees to be bound by applicable stock holding requirements that could require that the Awardee hold and not transfer under any circumstance until the Awardee’s termination of employment with the Company or Subsidiary Corporation: 50% (rounded to the nearest whole share) of the total shares of Stock issued to Awardee pursuant to vesting of the RSU PSU award (such percentage applying to Award Shares, net of any portion withheld to satisfy the Withholding Obligation).
Appears in 1 contract
Samples: Stock Option and Performance Share Award Agreement (Jack in the Box Inc /New/)
Holding Period Requirement. As a condition to receipt of this Award, Awardee hereby acknowledges and agrees to be bound by applicable stock holding requirements that could require that the Awardee hold and not transfer under any circumstance until the Awardee’s termination of employment with service to the Company Company, all or Subsidiary Corporation: 50% a portion of the total net shares of Stock (rounded to the nearest whole share) of the total shares of Stock issued to Awardee pursuant to vesting of the RSU award (such percentage applying to Award Shares, net of any portion withheld to satisfy the Withholding Obligation)Award.
Appears in 1 contract
Samples: 2004 Stock Incentive Plan (Jack in the Box Inc /New/)
Holding Period Requirement. As a condition to receipt of this Award, Awardee hereby acknowledges and agrees to be bound by applicable stock holding requirements that could require that the Awardee hold and not transfer under any circumstance until the Awardee’s termination of employment with the Company or Subsidiary Corporation: 50% «Holding_Requirement»% (rounded up to the nearest whole share) of the total shares of Stock issued to Awardee pursuant to vesting of the RSU award RSUs that become vested on each Vesting Date (such percentage applying to Award Shares, net of any portion withheld to satisfy the Withholding Obligation).
Appears in 1 contract
Samples: 2004 Stock Incentive Plan (Jack in the Box Inc /New/)