Common use of Restricted Stock Vesting Clause in Contracts

Restricted Stock Vesting. The Restricted Stock shall vest as of the dates and in the amounts set forth below provided that the Awardee is serving as a Director on such date: A. shares shall vest on _________, 20__; B. shares shall vest on _________, 20__; and C. shares shall vest on _________, 20__.

Appears in 2 contracts

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

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Restricted Stock Vesting. The Restricted Stock awarded hereunder shall vest as of the dates and in the amounts set forth below provided that the Awardee Employee is serving as a Director employed on such datedate by any member of the Covanta Group: A. shares shall vest on _________, 20____; B. shares shall vest on _________, 20____; and C. shares shall vest on _________, 20____.

Appears in 2 contracts

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

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