Common use of Service as a Director of the Company Clause in Contracts

Service as a Director of the Company. Except as may otherwise be provided in Sections 5 or 6 of this Agreement, the shares of Restricted Stock granted hereunder are granted on the condition that the Director remains a Director of the Company from the Date of Grant through (and including) the “Date on which Restrictions Lapse” set forth in the table above opposite such number of shares of Restricted Stock (such applicable periods each being referred to herein as a “Period of Restriction”). This grant of Restricted Stock shall not confer any right to the Director to be granted Restricted Stock or other Awards in the future under the Plan.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Kaiser Aluminum Corp), Restricted Stock Award Agreement (Kaiser Aluminum Corp)

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Service as a Director of the Company. Except as may otherwise be provided in Sections 5 or 6 of this Agreement, the shares of Restricted Stock granted hereunder are granted on the condition that the Director remains a Director of the Company from the Date of Grant set forth above through (and including) the “Date on which Which Restrictions Lapse” set forth in the table above opposite such number of shares of Restricted Stock (such applicable periods each being referred to herein as a “Period of Restriction”). This grant of Restricted Stock shall not confer any right to the Director (or any other Director) to be granted Restricted Stock or other Awards in the future under the Plan.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Kaiser Aluminum Corp)

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Service as a Director of the Company. Except as may otherwise be provided in Sections 5 or 6 of this Agreement, the shares of Restricted Stock granted hereunder are granted on the condition that the Director remains a Director of the Company from the Date of Grant set forth in the electronic cover page to which this Agreement is attached through (and including) the date (the Date on which Restrictions Lapse” Vesting Date”) set forth in under the table above opposite such number of shares of Restricted Stock (such applicable periods each being referred “Vesting Schedule” on the electronic cover page to herein as a “Period of Restriction”)which this Agreement is attached. This grant of Restricted Stock shall not confer any right to the Director (or any other Director) to be granted Restricted Stock or any other Awards awards in the future under the Plan.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Kaiser Aluminum Corp)

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