Common use of Number of Shares Vested Vesting Date Clause in Contracts

Number of Shares Vested Vesting Date. Subsequent to such Vesting Date or Dates, the shares of Stock on which all restrictions and conditions have lapsed shall no longer be deemed Restricted Stock. The Administrator may at any time accelerate the vesting schedule specified in this Section 3. Notwithstanding the foregoing, the Grantee shall become vested in the shares of Restricted Stock prior to the Vesting Dates in the following circumstances:

Appears in 2 contracts

Samples: Washington Trust (Washington Trust Bancorp Inc), Washington Trust (Washington Trust Bancorp Inc)

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Number of Shares Vested Vesting Date. Subsequent to such Vesting Date or Dates, the shares of Stock on which all restrictions and conditions have lapsed shall no longer be deemed Restricted Stock. The Administrator may at any time accelerate the vesting schedule specified in this Section 3. Notwithstanding the foregoing, the Grantee shall become vested in the shares of Restricted Stock prior to the Vesting Dates in the following circumstances:.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Cypress Communications Inc), Restricted Stock Award Agreement (Moldflow Corp)

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Number of Shares Vested Vesting Date. ( %) ( %) ( %) ( %) ( %) Subsequent to such Vesting Date or Dates, the shares of Stock on which all restrictions and conditions have lapsed shall no longer be deemed Restricted Stock. The Administrator may at any time accelerate the vesting schedule specified in this Section 3. Notwithstanding the foregoing, the Grantee shall become vested in the shares of Restricted Stock prior may be subject to the Vesting Dates accelerated vesting in the following circumstances:accordance with Section 6 below.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Arbinet Thexchange Inc)

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