Common use of Restricted Stock Time Vesting Clause in Contracts

Restricted Stock Time Vesting. One-half of the shares of Restricted Stock awarded hereunder, consisting of shares (“Time Vesting Restricted Stock”), shall vest as of the dates and in the amounts set forth below provided that Employee is employed on such date by the Company or its Affiliates or Subsidiaries:

Appears in 2 contracts

Samples: Holding Corporation Restricted Stock Award Agreement (Danielson Holding Corp), Holding Corporation Restricted Stock Award Agreement (Covanta Energy Corp)

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Restricted Stock Time Vesting. One-half percent (__%) of the shares of Restricted Stock awarded hereunder, consisting of __________ shares (“Time Vesting Restricted Stock”), shall vest as of the dates and in the amounts set forth below provided that Employee is employed on such date by the Company or its Affiliates or Subsidiaries:

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Covanta Holding Corp), Restricted Stock Award Agreement (Covanta Holding Corp)

Restricted Stock Time Vesting. One-half of Thirty four percent (34%)of the shares of Restricted Stock awarded hereunder, consisting of 6,800 shares of Restricted Stock (the “Time Vesting Restricted Stock”), shall vest as of the dates and in the amounts set forth below provided that Employee Executive is employed on such date by the Company or its Affiliates affiliates or Subsidiaries:

Appears in 1 contract

Samples: Employment Agreement (Covanta Holding Corp)

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Restricted Stock Time Vesting. One-half percent (___%) of the shares of Restricted Stock awarded hereunder, consisting of shares (“Time Vesting Restricted Stock”), shall vest as of the dates and in the amounts set forth below provided that Employee is employed on such date by the Company or its Affiliates or Subsidiaries:

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Covanta Holding Corp)

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