Common use of Restricted Share Vesting Clause in Contracts

Restricted Share Vesting. Unless otherwise determined by the Committee, grants of Restricted Shares will vest 100% on the third anniversary of the Grant Date (the “Vesting Date”), unless forfeited before such Vesting Date.

Appears in 2 contracts

Samples: Restricted Stock Agreement (Sypris Solutions Inc), Restricted Stock Agreement (Sypris Solutions Inc)

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Restricted Share Vesting. Unless otherwise determined by the Committee, grants of Restricted Shares will vest as follows: 100% of each Award on the third anniversary of the its Grant Date (the each such anniversary, a “Vesting Date”)) as provided in the applicable Award Agreement, unless forfeited before such Vesting Date.

Appears in 2 contracts

Samples: Restricted Stock Agreement (Sypris Solutions Inc), Restricted Stock Agreement (Sypris Solutions Inc)

Restricted Share Vesting. Unless otherwise determined by the Committee, grants of Restricted Shares will vest as follows: 50% of each base award on the first and second anniversaries of the Grant Date, and 100% of each supplemental award on the third anniversary of the its Grant Date (the each such anniversary, a “Vesting Date”)) as provided in the applicable Award Agreement, unless forfeited before such Vesting Date.

Appears in 1 contract

Samples: Non Qualified Stock Options and Restricted Stock Agreement (Sypris Solutions Inc)

Restricted Share Vesting. Unless otherwise determined by the Committee, grants of Restricted Shares will vest as follows: 100% of each Award on the third second anniversary of the its Grant Date (the each such anniversary, a “Vesting Date”), unless ) subject to continued Service through the Vesting Date. Restricted Shares will automatically be forfeited before for no consideration in connection with a termination of Service for any reason prior to such Vesting Date.

Appears in 1 contract

Samples: Restricted Stock Agreement (Sypris Solutions Inc)

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Restricted Share Vesting. Unless otherwise determined by the Committee, grants of Restricted Shares will vest 100as follows: 50% of each Award on the third fourth anniversary of its Grant Date and 50% of each Award on the fifth anniversary of its Grant Date (the each such anniversary, a “Vesting Date”)) as provided in the applicable Award Agreement, unless forfeited before such Vesting Date.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Sypris Solutions Inc)

Restricted Share Vesting. Unless otherwise determined by the Committee, grants of Restricted Shares will vest as follows: 100% of each Award on the third anniversary of the its Grant Date (the each such anniversary, a “Vesting Date”)) as provided in the applicable Award Agreement, unless forfeited before such Vesting Date.]

Appears in 1 contract

Samples: Non Qualified Stock Options and Restricted Stock Agreement (Sypris Solutions Inc)

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