Performance Restricted Shares. Except as otherwise provided in the Plan and this Agreement, subject to the Participant’s continued employment with the Company, the $15.00 Performance Restricted Shares shall vest and become non-forfeitable upon the Fair Market Value of the Common Stock equaling or exceeding $15.00 per share of Common Stock on at least ten (10) trading days (which need not be consecutive) following the Effective Date.
Appears in 2 contracts
Samples: Restricted Stock Award Agreement (Hemisphere Media Group, Inc.), Restricted Stock Award Agreement (Hemisphere Media Group, Inc.)
Performance Restricted Shares. Except as otherwise provided in the Plan and this Agreement, subject to the Participant’s continued employment with the Company, the $15.00 12.50 Performance Restricted Shares shall vest and become non-forfeitable upon the Fair Market Value of the Common Stock equaling or exceeding $15.00 12.50 per share of Common Stock on at least ten (10) trading days (which need not be consecutive) following the Effective Date.
Appears in 2 contracts
Samples: Restricted Stock Award Agreement (Hemisphere Media Group, Inc.), Restricted Stock Award Agreement (Hemisphere Media Group, Inc.)
