Restricted Periods. The Restricted Period for each Restricted Stock Award or RSU Award shall be set forth in the applicable Agreement. Except as otherwise provided in the applicable Agreement on a termination of employment or engagement, or pursuant to section 9 hereof in the event of a Change in Control, each Restricted Stock Award or RSU Award shall have such Restricted Period and be subject to such Performance Goals as the Committee may determine. Except as otherwise provided in the applicable Agreement or as determined by the Committee, if a Restricted Stock Award or RSU Award is made to a Recipient whose employment or service as a director or Consultant subsequently terminates for any reason before the lapse of all restrictions thereon, such Restricted Stock or RSU with respect to which such restrictions shall not have lapsed shall be forfeited to that extent by such Recipient.
Restricted Periods. The restricted periods will commence at issuance and, unless the shares have been forfeited earlier under paragraph 6, will expire as follows, whether or not Grantee is still an employee:
(a) with respect to 50% of the shares, on November 28, 2011; and
(b) with respect to the remaining shares, on the later to occur of
(i) November 28, 2016, or
(ii) the first day of the calendar year immediately following the year in which Grantee terminates; except that
(c) the restricted periods will automatically expire with respect to all shares on the death of Xxxxxxx.
Restricted Periods. The restricted periods will commence when the units are credited to Grantee and, unless the units have been forfeited earlier under section 6, will expire as follows, whether or not Grantee is still an employee:
a) with respect to 50% of the units, on November 25, 2019; and
b) with respect to the remaining units, on the later to occur of
(i) November 25, 2024, or
(ii) the first day of the calendar year immediately following the year in which Grantee terminates; except that
c) the restricted periods will automatically expire with respect to all shares on the death of Gxxxxxx.
Restricted Periods. The restricted periods will commence when the units are credited to Grantee and, unless the units have been forfeited earlier under section 6, will expire as follows, whether or not Grantee is still an employee, (a) with respect to 50% of the units on November 29, 2028, and, (b) with respect to the remaining units on November 29, 2033, except that (c) the restricted periods will automatically expire with respect to all units on the death of Grantee.
Restricted Periods. The periods restricting Executive’s activities set forth in Article 6 and Paragraphs 7.1, 7.2 and 7.3 shall be extended by the length of any period during which Executive is in breach of the terms and provisions of such Article or Paragraphs.
Restricted Periods. The operation of the Project must not cause an increase in net loading on the feeders specified in Appendix III during the following periods (“Restricted Periods”): The operation of the Project shall not cause an increase in net loading: Months: Days: Hours:
Restricted Periods. Section 8.(c) below restricts Employee's ability to compete against the Company or it affiliates following Employee's term of employment. For purposes of this Section 8, and in particular Section 8.(c), if Employee voluntarily resigns his employment with the Company, or is terminated by the Company for Cause, then the period for which Employee cannot compete with the Company shall be the longer of (i) four (4) years from the date hereof, or (ii) one (1) year after the termination of employment ("Restricted Period For Cause"). If Employee is terminated by Employer without Cause or pursuant to Section 7(d) above, then the period for which Employee cannot compete with the Company or its affiliates (the "Restricted Period Without Cause"), shall be based upon whether Employee was terminated during the initial three-year term or during any extension thereof. If Employee was terminated without Cause during the initial three-year term, the Restricted Period Without Cause shall be the greater of (i) the remaining months left of the initial three-year term, or (ii) until one (1) year after the termination of employment without Cause. If Employee was terminated during any one (1) year extension of the initial three-year term, the Restricted Period Without Cause shall be equal to one (1) year after the termination of employment without Cause. If Employee is terminated under the circumstances in Section 7(g) above, then the period for which the Employee may not compete pursuant hereto shall be for one year after the date of termination. If Employee is also a party to that certain Agreement and Plan of Exchange dated December 18, 1997 among BrightStar Information Technology Group, Inc. and the Shareholders of the Company (or its predecessor) at that time and bound by certain non-competition provisions contained therein, then any restricted non-compete periods under such agreement are hereby modified so as to conform with the restricted periods contained in this Section 8.(b).
Restricted Periods. (i) One-third of the awarded shares shall vest and no longer be subject to forfeiture on the first anniversary of the Effective Date (or if such date is not a business day, the business day immediately preceding such date); and
(ii) One-third of the awarded shares shall vest and no longer be subject to forfeiture on the second anniversary of the Effective Date (or if such date is not a business day, the business day immediately preceding such date); and
(iii) One-third of the awarded shares shall vest and no longer be subject to forfeiture on the third anniversary of the Effective Date (or if such date is not a business day, the business day immediately preceding such date). THIS ESCROW AGREEMENT, made as of the ___ day of ______, 20___, by and among Noble Corporation, a Cayman Islands exempted company limited by shares (the “Company”), ________________________(“Employee”), and the Company, as escrow agent (the “Escrow Agent”), pursuant to a Restricted Stock Agreement dated of even date herewith (the “Restricted Stock Agreement”) between the Company and Employee;
Restricted Periods. (i) One-third of the Awarded Restricted Stock Units shall vest and no longer be subject to forfeiture on the first anniversary of the Effective Date; and
(ii) One-third of the Awarded Restricted Stock Units shall vest and no longer be subject to forfeiture on the second anniversary of the Effective Date; and
(iii) One-third of the Awarded Restricted Stock Units shall vest and no longer be subject to forfeiture on the third anniversary of the Effective Date.
Restricted Periods. Ascend shall use its best efforts to keep ------------------ effective the Registration Statement during Window Periods (subject to the right of Ascend to suspend use of a prospectus pursuant to this Agreement). Notwithstanding any other provision of this Agreement to the contrary, Ascend shall not be required to keep the Registration Statement effective at any times other than during Window Periods. Holder agrees that the right of Holder to resell the shares of Ascend Common Stock registered pursuant to this Agreement shall be suspended, unless otherwise agreed by Ascend, whenever Ascend "insiders" (as defined in the Ascend Xxxxxxx Xxxxxxx Policy furnished to Holder and any amendments thereto hereafter furnished to Holder) are restricted from trading capital stock of Ascend (a "Restricted Period"). Unless otherwise ----------------- specified by Ascend by written notice to Holder, Restricted Periods shall include the period commencing at the opening of trading on the first day of the third month of each fiscal quarter of Ascend and expiring at the close of trading on the second full trading day following release of Ascend financial results for such fiscal quarter (or, in the case of the fourth quarter of each year, for the fiscal year). If a Restricted Period shall commence or shall expire or terminate on any other date, Ascend shall provide advance written notice of such commencement and prompt written notice of such expiration or termination. Ascend shall have the affirmative right to suspend the effectiveness of any Registration Statement filed by Ascend pursuant to this Agreement at any time and from time to time during a Restricted Period, for the whole of such Restricted Period or any portion thereof.
