Common use of Restriction Period and Vesting Clause in Contracts

Restriction Period and Vesting. The restrictions on the Award shall ------------------------------ lapse (i) with respect to all of the shares of Stock subject to the Award on May 2, 1997, or (ii) earlier in accordance with Section 6.8 of the Plan (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 Award ------------------------------ shall ------------------------------ lapse (i) with respect to all of the shares of Stock subject to the Award on at the earlier of May 231, 19971998 and the conclusion of the 1999 Annual Meeting of Shareholders of the Company, or (ii) earlier in accordance with Section 6.8 of the Plan (the "Restriction Period").

Appears in 1 contract

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

Restriction Period and Vesting. The restrictions on the Award ------------------------------ shall ------------------------------ lapse (i) with respect to all of the shares of Stock subject to the Award on at the earlier of May 231, 19972000 and the conclusion of the 2000 Annual Meeting of Shareholders of the Company, or (ii) earlier in accordance with Section 6.8 of the Plan (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 Award ------------------------------ shall ------------------------------ lapse (i) with respect to all of the shares of Stock subject to the Award on at the earlier of May 231, 19971998 and the conclusion of the 1998 Annual Meeting of Shareholders of the Company, or (ii) earlier in accordance with Section 6.8 of the Plan (the "Restriction Period").

Appears in 1 contract

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

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