Common use of Release of Restrictions Clause in Contracts

Release of Restrictions. Subject to the provisions of paragraphs 2 and 5, the restrictions described in paragraph 3 above shall be released with respect to 100% of the Award Shares on July 31, 2022, except as follows:

Appears in 1 contract

Samples: Performance Restricted Stock Agreement (Aar Corp)

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Release of Restrictions. Subject to the provisions of paragraphs 2 and 5, the restrictions described in paragraph 3 above shall be released with respect to 100331/3% of the Award Shares on July May 31, 20222015, 331/3% of the Award Shares on May 31, 2016, and 331/3% of the Award Shares on May 31, 2017, except as follows:

Appears in 1 contract

Samples: Performance Restricted Stock Agreement (Aar Corp)

Release of Restrictions. Subject to the provisions of paragraphs 2 and 5paragraph 4 below, the restrictions described in paragraph 3 2 above shall be released with respect to 100% of the Award Shares on July 31, 2022, except as follows:

Appears in 1 contract

Samples: Restricted Stock Agreement (Aar Corp)

Release of Restrictions. Subject to the provisions of paragraphs 2 and 5paragraph 4 below, the restrictions described in paragraph 3 2 above shall be released with respect to 10050% of the Award Shares on July May 31, 20222016 and 50% of the Award Shares on May 31, 2017, except as follows:

Appears in 1 contract

Samples: Restricted Stock Agreement (Aar Corp)

Release of Restrictions. Subject to the provisions of paragraphs 2 and 5, the restrictions described in paragraph 3 above shall be released with respect to 100% of the Award Shares on July 31, 20222027, except as follows:

Appears in 1 contract

Samples: Performance Restricted Stock Agreement (Aar Corp)

Release of Restrictions. Subject to the provisions of paragraphs 2 and 5, the restrictions described in paragraph 3 above shall be released with respect to 100% 1/3 of the Award Shares on July 31, 20222017, 1/3 of the Award Shares on July 31, 2018 and 1/3 of the Award Shares on July 31, 2019, except as follows:

Appears in 1 contract

Samples: Performance Restricted Stock Agreement (Aar Corp)

Release of Restrictions. Subject to the provisions of paragraphs 2 and 5paragraph 4 below, the restrictions described in paragraph 3 2 above shall be released with respect to 10050% of the Award Shares on July May 31, 202220 and 50% of the Award Shares on May 31, 20 , except as follows:

Appears in 1 contract

Samples: Restricted Stock Agreement (Aar Corp)

Release of Restrictions. Subject to the provisions of paragraphs 2 and 5paragraph 4 below, the restrictions described in paragraph 3 2 above shall be released with respect to 100% of the Award Shares on July 31, 20222020, except as follows:

Appears in 1 contract

Samples: Restricted Stock Agreement (Aar Corp)

Release of Restrictions. Subject to the provisions of paragraphs 2 and 5, the restrictions described in paragraph 3 above shall be released with respect to 100% of the Award Shares on July 31, 20222025, except as follows:

Appears in 1 contract

Samples: Performance Restricted Stock Agreement (Aar Corp)

Release of Restrictions. Subject to the provisions of paragraphs 2 and 5, the restrictions described in paragraph 3 above shall be released with respect to 100% 1/3 of the Award Shares on July May 31, 20222015, 1/3 of the Award Shares on May 31, 2016, and 1/3 of the Award Shares on May 31, 2017, except as follows:

Appears in 1 contract

Samples: Performance Restricted Stock Agreement (Aar Corp)

Release of Restrictions. Subject to the provisions of paragraphs 2 and 5paragraph 4 below, the restrictions described in paragraph 3 2 above shall be released with respect to 10050% of the Award Shares on July 31, 20222018 and 50% of the Award Shares on July 31, 2019, except as follows:

Appears in 1 contract

Samples: Restricted Stock Agreement (Aar Corp)

Release of Restrictions. Subject to the provisions of paragraphs 2 and 5, the restrictions described in paragraph 3 above shall be released with respect to 100% of the all Award Shares on July May 31, 20222019, except as follows:

Appears in 1 contract

Samples: Performance Restricted Stock Agreement (Aar Corp)

Release of Restrictions. Subject to the provisions of paragraphs 2 and 5paragraph 4 below, the restrictions described in paragraph 3 2 above shall be released with respect to 100% of the Award Shares on July 31, 20222025, except as follows:

Appears in 1 contract

Samples: Restricted Stock Agreement (Aar Corp)

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Release of Restrictions. Subject to the provisions of paragraphs 2 and 5paragraph 4 below, the restrictions described in paragraph 3 2 above shall be released with respect to 10050% of the Award Shares on July May 31, 20222017 and 50% of the Award Shares on May 31, 2018, except as follows:

Appears in 1 contract

Samples: Restricted Stock Agreement (Aar Corp)

Release of Restrictions. Subject to the provisions of paragraphs 2 and 5, the restrictions described in paragraph 3 above shall be released with respect to 100% of the Award Shares on July 31, 20222020, except as follows:

Appears in 1 contract

Samples: Performance Restricted Stock Agreement (Aar Corp)

Release of Restrictions. Subject to the provisions of paragraphs 2 and 5, the restrictions described in paragraph 3 above shall be released with respect to 100% of the Award Shares on July 31, 20222024, except as follows:

Appears in 1 contract

Samples: Performance Restricted Stock Agreement (Aar Corp)

Release of Restrictions. Subject to the provisions of paragraphs 2 and 5paragraph 4 below, the restrictions described in paragraph 3 2 above shall be released with respect to 100% of the Award Shares on July 31, 20222027, except as follows:

Appears in 1 contract

Samples: Restricted Stock Agreement (Aar Corp)

Release of Restrictions. Subject to the provisions of paragraphs 2 and 5, the restrictions described in paragraph 3 above shall be released with respect to 100% of the all Award Shares on July May 31, 20222016, except as follows:

Appears in 1 contract

Samples: Performance Restricted Stock Agreement (Aar Corp)

Release of Restrictions. Subject to the provisions of paragraphs 2 and 5paragraph 4 below, the restrictions described in paragraph 3 2 above shall be released with respect to 10050% of the Award Shares on July May 31, 20222015 and 50% of the Award Shares on May 31, 2016, except as follows:

Appears in 1 contract

Samples: Restricted Stock Agreement (Aar Corp)

Release of Restrictions. Subject to the provisions of paragraphs 2 and 5paragraph 4 below, the restrictions described in paragraph 3 2 above shall be released with respect to 100% of the Award Shares on July 31, 20222021, except as follows:

Appears in 1 contract

Samples: Restricted Stock Agreement (Aar Corp)

Release of Restrictions. Subject to the provisions of paragraphs 2 and 5paragraph 4 below, the restrictions described in paragraph 3 2 above shall be released with respect to 100% of the Award Shares on July 31, 20222023, except as follows:

Appears in 1 contract

Samples: Restricted Stock Agreement (Aar Corp)

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