Lapse of Restrictions and Forfeiture. Subject to Section 4(b) hereof, the restrictions on transfer imposed on the shares of Restricted Stock by Section 3 and this Section 4 shall lapse with respect to the shares of Restricted Stock and the Employee will vest, or gain actual “ownership” of the shares of Restricted Stock in accordance with the terms of Section 4(a) hereof.
Appears in 3 contracts
Samples: Restricted Stock Award Agreement (Covanta Holding Corp), Restricted Stock Award Agreement (Covanta Holding Corp), Corporation Restricted Stock Award Agreement (Covanta Holding Corp)
Lapse of Restrictions and Forfeiture. Subject to Section 4(b4(c) hereof, the restrictions on transfer imposed on the shares of Restricted Stock by Section 3 and this Section 4 shall lapse with respect to the shares of Restricted Stock and the Employee will vest, or gain actual “ownership” of the shares of Restricted Stock in accordance with the terms of Section Sections 4(a) or (b) hereof.
Appears in 3 contracts
Samples: Restricted Stock Award Agreement (Covanta Holding Corp), Restricted Stock Award Agreement (Covanta Holding Corp), Restricted Stock Award Agreement (Covanta Holding Corp)
Lapse of Restrictions and Forfeiture. Subject to Section 4(b) hereof, the restrictions on transfer imposed on the shares of Restricted Stock by Section 3 and this Section 4 shall lapse with respect to the shares of Restricted Stock and the Employee Participant will vest, or gain actual “"ownership” " of the shares of Restricted Stock in accordance with the terms of Section 4(a) hereof.
Appears in 2 contracts
Samples: Restricted Stock Award Agreement (Acl Finance Corp), Restricted Stock Award Agreement (Acl Finance Corp)
Lapse of Restrictions and Forfeiture. Subject to Section 4(b4(c) hereof, the restrictions on transfer imposed on the shares of Restricted Stock by Section 3 and this Section 4 shall lapse with respect to the shares of Restricted Stock and the Employee will vest, or gain actual “ownership” of the shares of Restricted Stock in accordance with the terms of Section 4(a) hereof.
Appears in 2 contracts
Samples: Holding Corporation Restricted Stock Award Agreement (Danielson Holding Corp), Holding Corporation Restricted Stock Award Agreement (Covanta Energy Corp)
Lapse of Restrictions and Forfeiture. Subject to Section 4(b) hereof, the The restrictions on transfer imposed on the shares of Restricted Stock by Section 3 and this Section 4 shall lapse with respect to the shares of Restricted Stock and the Employee will vest, or gain actual “ownership” of the shares of Restricted Stock in accordance with the terms of Section Sections 4(a), (b) or (c) hereof.
Appears in 1 contract
Samples: Restricted Stock Award Agreement (Real Industry, Inc.)
Lapse of Restrictions and Forfeiture. Subject to Section 4(b) hereof, the restrictions on transfer imposed on the shares of Restricted Stock by Section 3 and this Section 4 shall lapse with respect to the shares of Restricted Stock and the Employee Participant will vest, or gain actual “"ownership” " of the shares of Restricted Stock in accordance with the terms of Section 4(a) hereof.
Appears in 1 contract
Samples: Restricted Stock Award Agreement (American Barge Line Co)
