Restriction Period and Vesting. (a) Subject to Section 2(e), the Award shall vest (i) with respect to one-quarter (1/4) of the restricted stock units subject to the Award on the first anniversary of the Grant Date, an additional one-quarter (1/4) of the restricted stock units subject to the Award on the second anniversary of the Grant Date, an additional one-quarter (1/4) of the restricted stock units subject to the Award on the third anniversary of the Grant Date, and the remaining one-quarter (1/4) of the restricted stock units subject to the Award on the fourth anniversary of the Grant Date, or (ii) earlier pursuant to Section 2(b) or (d) hereof (the “Restriction Period”).
Appears in 4 contracts
Samples: Restricted Stock Unit Award Agreement (SXC Health Solutions Corp.), Restricted Stock Unit Award Agreement (SXC Health Solutions Corp.), Restricted Stock Unit Award Agreement (SXC Health Solutions Corp.)
