Time Vesting Requirement. The “Time Vesting Requirement” means the time-based vesting Restrictions for the Performance Units during the Performance Period. Provided the Committee certifies that the Performance Vesting Requirement has been satisfied, the time-based Restrictions on the Performance Units shall lapse and the Performance Units shall become vested as to:
Appears in 2 contracts
Samples: Cash Settled Performance Share Unit Award Agreement (Approach Resources Inc), Cash Settled Performance Share Unit Award Agreement (Approach Resources Inc)
Time Vesting Requirement. The “Time Vesting Requirement” means the time-based vesting Restrictions for the Performance Units Restricted Shares during the Performance Restricted Period. Provided the Committee certifies that the Performance Vesting Requirement has been satisfied, the The time-based Restrictions on the Performance Units Restricted Shares shall lapse and the Performance Units vesting date shall become vested occur as to:
Appears in 2 contracts
Samples: Restricted Stock Award Agreement (Approach Resources Inc), Restricted Stock Award Agreement (Approach Resources Inc)
