Common use of Restricted Share Vesting Clause in Contracts

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 its Grant Date (each such anniversary, a “Vesting Date”) as provided in the applicable Award Agreement, unless forfeited before such Vesting Date.

Appears in 2 contracts

Sources: 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: 100% of each Award on the third anniversary of its the Grant Date (each such anniversary, a the “Vesting Date”) as provided in the applicable Award Agreement), unless forfeited before such Vesting Date.

Appears in 2 contracts

Sources: 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 Award supplemental award on the third anniversary of its Grant Date (each such anniversary, a “Vesting Date”) as provided in the applicable Award Agreement, unless forfeited before such Vesting Date.

Appears in 1 contract

Sources: 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 its Grant Date (each such anniversary, a “Vesting Date”) as provided subject to continued Service through the Vesting Date. Restricted Shares will automatically be forfeited for no consideration in the applicable Award Agreement, unless forfeited before connection with a termination of Service for any reason prior to such Vesting Date.

Appears in 1 contract

Sources: 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 anniversary of its Grant Date (each such anniversary, a “Vesting Date”) as provided in the applicable Award Agreement, unless forfeited before such Vesting Date.]

Appears in 1 contract

Sources: 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: 10050% 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 (each such anniversary, a “Vesting Date”) as provided in the applicable Award Agreement, unless forfeited before such Vesting Date.

Appears in 1 contract

Sources: Restricted Stock Award Agreement (Sypris Solutions Inc)