Common use of Restrictions; Vesting Clause in Contracts

Restrictions; Vesting. Except as otherwise provided in paragraphs (3) and (4), the Restricted Shares shall vest and become transferable only if you continue in the employment of the Company or any of its subsidiaries through the applicable vesting dates. The Restricted Shares will vest and become transferable as follows: (a) 50% will vest on [Vest Date 1]; and (b) the remaining 50% of the Award will vest on [Vest Date 2].

Appears in 1 contract

Samples: Restricted Stock Award Agreement (First Midwest Bancorp Inc)

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Restrictions; Vesting. Except as otherwise provided in paragraphs (3) and (4)) below, the Restricted Shares shall vest and become transferable only if you continue in the employment of the Company or any of its subsidiaries through up to the applicable vesting dates. The Restricted Shares will vest and become transferable in as follows: (a) 50% will vest on [Vest Date 1]; and (b) the remaining 50% of the Award will vest on [Vest Date 2].

Appears in 1 contract

Samples: Restricted Stock Agreement (First Midwest Bancorp Inc)

Restrictions; Vesting. Except as otherwise provided in paragraphs (3) and (4), the Restricted Shares shall vest and become transferable only if you continue in the employment of the Company or any of its subsidiaries through the applicable vesting dates. The Restricted Shares will vest and become transferable as follows: (a) 50% will vest on [Vest Date 1DATE+2]; and (b) the remaining 50% of the Award will vest on [Vest Date 2DATE+3].

Appears in 1 contract

Samples: Restricted Stock Award Agreement (First Midwest Bancorp Inc)

Restrictions; Vesting. Except as otherwise provided in paragraphs Sections (3) and (4), the Restricted Shares shall vest and become transferable only if you continue in the employment of the Company or any of its subsidiaries through up to the applicable vesting datesdate. The Restricted Shares will vest and become transferable as follows: on December 31, 2011, subject to your commitments in Section (a12) 50% will vest on [Vest Date 1]; and (b) the remaining 50% of the Award will vest on [Vest Date 2].below. 1 $400,000 divided by grant date closing price

Appears in 1 contract

Samples: Restricted Stock Agreement (First Midwest Bancorp Inc)

Restrictions; Vesting. Except as otherwise provided in paragraphs (3) and (4), the Restricted Shares shall vest and become transferable only if you continue in the employment of the Company or any of its subsidiaries through the applicable vesting dates. The Restricted Shares will vest and become transferable as follows: (a) 50% will vest on [Vest Date 1VEST 1 DATE]; and (b) the remaining 50% of the Award will vest on [Vest Date 2VEST 2 DATE].

Appears in 1 contract

Samples: Restricted Stock Award Agreement (First Midwest Bancorp Inc)

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Restrictions; Vesting. Except as otherwise provided in paragraphs (3) and (4)) below, the Restricted Shares shall vest and become transferable only if you continue in the employment of the Company or any of its subsidiaries through the applicable vesting datesCompany. The Restricted Shares will vest and become transferable as follows: (a) 50% will vest on [Vest Date 1]August 16, 2007; and (b) the remaining 50% of the Award will vest on [Vest Date 2]August 16, 2008.

Appears in 1 contract

Samples: Restricted Stock Agreement (First Midwest Bancorp Inc)

Restrictions; Vesting. Except as otherwise provided in paragraphs (3) and (4)) below, the Restricted Shares shall vest and become transferable only if you continue in the employment of the Company or any of its subsidiaries through up to the applicable vesting dates. The Restricted Shares will vest and become transferable in as follows: (a) 50% will vest on [Vest Date vest date 1]; and (b) the remaining 50% of the Award will vest on [Vest Date vest date 2].

Appears in 1 contract

Samples: Restricted Stock Agreement (First Midwest Bancorp Inc)

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