Common use of Restriction Period and Vesting Clause in Contracts

Restriction Period and Vesting. The restrictions on the applicable portion of the Award shall lapse on _______________ the “Vest Date” if Participant continues service on the Board from the Award Date through such Vest Date.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (El Paso Electric Co /Tx/)

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Restriction Period and Vesting. The restrictions on the applicable portion of the Award shall lapse on _______________ the “Vest Date” specified in the Award Details if Participant continues service remains employed by, or if applicable serving on the Board of, the Company from the Award Date through such Vest Date.. Active 36903681.3

Appears in 1 contract

Samples: Restricted Stock Award Agreement (El Paso Electric Co /Tx/)

Restriction Period and Vesting. The restrictions on the applicable portion of the Award shall lapse on _______________ the “Vest Date” if Participant continues service on the Board from specified in the Award Date through Details if Holder remains employed by the Company on such Vest Date.

Appears in 1 contract

Samples: Long Term Incentive Award Agreement (El Paso Electric Co /Tx/)

Restriction Period and Vesting. The restrictions on the applicable portion of the Award shall lapse on _______________ the “Vest Date” specified in Section 1 if Participant continues service on remains employed by the Board Company from the Award Date through such Vest Date. The period between the Award Date and the relevant Vest Date is referred to herein as the “Restriction Period.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (El Paso Electric Co /Tx/)

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Restriction Period and Vesting. The restrictions on the applicable portion of the Award shall lapse on _______________ the “Vest Date” specified in the Award Details if Participant Holder continues service on the Board from the Award Date through until such Vest Date.

Appears in 1 contract

Samples: Long Term Incentive Award Agreement (El Paso Electric Co /Tx/)

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