Term of Restricted Stock Award. Subject to earlier termination as herein provided, the Restricted Stock Award shall expire at the close of business on the expiration date set forth on the Cover Page and may not become vested after such expiration date. Unless vesting is accelerated or extended pursuant to the terms of Section 7, unvested shares of Stock subject to the Award shall be forfeited upon Participant’s termination of employment.
Appears in 6 contracts
Samples: Nonqualified Stock Option Agreement (Helmerich & Payne Inc), Restricted Stock Award Agreement (Helmerich & Payne Inc), Restricted Stock Award Agreement (Helmerich & Payne Inc)
Term of Restricted Stock Award. Subject to earlier termination as herein provided, the Restricted Stock Award shall expire at the close of business on the expiration date set forth on the Cover Page and no Share subject hereto may not become vested after such expiration date. Unless vesting is accelerated or extended pursuant to the terms of Section 7, unvested shares of Stock Shares subject to the Restricted Stock Award shall be forfeited upon Participant’s termination of employment.
Appears in 3 contracts
Samples: Restricted Stock Award Agreement (Helmerich & Payne, Inc.), Nonqualified Stock Option Agreement (Helmerich & Payne, Inc.), Nonqualified Stock Option Agreement (Helmerich & Payne, Inc.)
Term of Restricted Stock Award. Subject to earlier termination as herein provided, the Restricted Stock Award shall expire at the close of business on the expiration date set forth on the Cover Page and may not become vested after such expiration date. Unless vesting is accelerated or extended pursuant to the terms of Section 7, unvested shares of Stock subject to the Award shall be forfeited upon Participant’s termination of employment.
Appears in 2 contracts
Samples: Nonqualified Stock Option Agreement (Helmerich & Payne Inc), Restricted Stock Award Agreement (Helmerich & Payne Inc)
Term of Restricted Stock Award. Subject to earlier termination as herein provided, the Restricted Stock Award shall expire at the close of business on the expiration date set forth on the Cover Page and may not become vested after such expiration date. Unless vesting is accelerated or extended pursuant to the terms of Section 7, unvested shares of Stock subject to the Award shall be forfeited upon Participant’s termination of employment.”
3. Section 7 of the Award Agreements is hereby restated to provide as follows:
Appears in 2 contracts
Samples: Nonqualified Stock Option Award Agreement (Helmerich & Payne Inc), Nonqualified Stock Option Award Agreement (Helmerich & Payne Inc)
