Common use of Restricted Periods Clause in Contracts

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.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Exxon Mobil Corp)

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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 2530, 20192016; and (b) with respect to the remaining units, on the later to occur of (i) November 2530, 20242021, 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 GxxxxxxXxxxxxx.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Exxon Mobil Corp)

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 2523, 20192015; and (b) with respect to the remaining units, on the later to occur of (i) November 2523, 20242020, 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 GxxxxxxXxxxxxx.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Exxon Mobil Corp)

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 2526, 20192018; and (b) with respect to the remaining units, on the later to occur of (i) November 2526, 20242023, 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.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Exxon Mobil Corp)

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 2526, 20192024; and (b) with respect to the remaining units, on the later to occur of (i) November 2526, 20242029, 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.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Exxon Mobil Corp)

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 2524, 20192020; and b) with respect to the remaining units, on the later to occur of (i) November 2524, 20242025, 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.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Exxon Mobil Corp)

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 2530, 20192021; and (b) with respect to the remaining units, on the later to occur of (i) November 2530, 20242026, 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.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Exxon Mobil Corp)

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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 2528, 20192017; and (b) with respect to the remaining units, on the later to occur of (i) November 2528, 20242022, 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.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Exxon Mobil Corp)

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 2528, 20192023; and (b) with respect to the remaining units, on the later to occur of (i) November 2528, 20242028, 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.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Exxon Mobil Corp)

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 2529, 20192022; and (b) with respect to the remaining units, on the later to occur of (i) November 2529, 20242027, 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.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Exxon Mobil Corp)

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