Restriction Periods. Each Restriction Period commences on the Grant Date and ends as follows:
(a) on (“Restriction Period 1”);
(b) on (“Restriction Period 2”);
(c) on (“Restriction Period 3”); and
(d) on (“Restriction Period 4”).
Restriction Periods. The RSUs are subject to the Restriction Periods shown on the first page of this Agreement.
Restriction Periods. The Restricted Stock Units are subject to Restriction Periods which shall terminate ratably in three installments, with the first Restriction Period terminating on the second anniversary of the On-Cycle Award Date, and the subsequent Restriction Periods terminating on the third and fourth anniversaries of the On-Cycle Award Date, or if Corporation’s Common Stock is not traded on any such termination date, on the next date on which the Corporation’s Common Stock is traded. If the termination of a Restriction Period will result in a fractional share, then the amount shall be rounded down to the nearest whole share and the Restriction Period for all fractional shares shall terminate upon the expiration of the last Restriction Period for the Award. For purposes of this Agreement, “On-Cycle Award Date” shall mean the Award Date for RSUs awarded in January of the current year.
Restriction Periods. The Restricted Stock Units are subject to Restriction Periods which shall terminate ratably in installments over four years from the Award Date on each annual anniversary of the Award Date or, if Corporation’s Common Stock is not traded on any such anniversary date, on the next date on which the Corporation’s Common Stock is traded. If the termination of a Restriction Period will result in a fractional share, then the amount shall be rounded down to the nearest whole share and the Restriction Period for all fractional shares shall terminate upon the expiration of the last Restriction Period for the Award.
Restriction Periods. (i) Subject to the provisions of the Plan and this Award Agreement (including Section 3), provided that you are continuously employed by the Company, continuously serve as a member of the Advisory Board of the Company (“Advisory Board Member”), or continuously serve as a member of the Board of Directors of the Company (“Director”), as applicable, the restrictions on your Restricted Stock will lapse and the Restricted Stock will become fully vested according to the following schedule:
(A) Shares on _____________;
(B) Shares on _____________;
(C) Shares on _____________; and
(D) Shares on _____________.
(ii) Notwithstanding the foregoing and unless otherwise specified in a separate change in control agreement (or similar written agreement) between you and the Company, the Restriction Periods will lapse and the Restricted Stock will become fully vested if an Applicable Event occurs.
Restriction Periods. The Restricted Stock Units are
Restriction Periods. Each Restriction Period commences on the Grant Date and ends as follows:
(a) on July 1, 20__ ("Restriction Period 1");
(b) on July 1, 20__ ("Restriction Period 2");
(c) on July 1, 20__ ("Restriction Period 3"); and
(d) on July 1, 20__ ("Restriction Period 4").
Restriction Periods. (i) Subject to the provisions of the Plan and this Award Agreement (including Section 3), the restrictions on your Restricted Stock will lapse and the Restricted Stock will become fully vested with respect to:
(ii) Notwithstanding the foregoing and unless otherwise specified in a separate change in control agreement (or similar written agreement) between you and the Company, the Restriction Periods will lapse and the Restricted Stock will become fully vested if an Applicable Event occurs.
Restriction Periods. (i) Subject to the provisions of the Plan and this Award Agreement (including Section 3), the restrictions on your Restricted Stock will lapse and the Restricted Stock will become fully vested with respect to:
(A) [___] Shares on the first anniversary of the Grant Date;
(B) [___] Shares on the second anniversary of the Grant Date; and
(C) [___] Shares on the third anniversary of the Grant Date.
(ii) Notwithstanding the foregoing and unless otherwise specified in a separate change in control agreement (or written agreement of similar import) between you and us or any Related Entity, the restrictions on the Restricted Stock will lapse and the Restricted Stock will become fully vested if a Business Combination or Change in Control occurs and:
(A) We are not the surviving corporation following such Business Combination or Change in Control; or
(B) Within 24 months following such Business Combination or Change in Control, the Plan is terminated and not replaced simultaneously with a similar program providing comparable benefits; or
(C) Within 24 months following such Business Combination or Change in Control, your employment is Terminated by us and the Related Entities without Cause or by you for Good Reason (as defined below).
Restriction Periods. (i) 33% of the Awarded Restricted Stock Units shall vest and no longer be subject to forfeiture on the first anniversary of the Grant Date; and
(ii) 33% of the Awarded Restricted Stock Units shall vest and no longer be subject to forfeiture on the second anniversary of the Grant Date; and
(iii) 34% of the Awarded Restricted Stock Units shall vest and no longer be subject to forfeiture on the third anniversary of the Grant Date.
