Common use of Tranche 2 Shares Clause in Contracts

Tranche 2 Shares. The Tranche 2 Shares shall vest upon the achievement of a Qualifying Return to Investor, provided that the Grantee’s Employment continues through such time.

Appears in 6 contracts

Samples: Restricted Stock Award Agreement (iHeartMedia, Inc.), Restricted Stock Agreement (CC Media Holdings Inc), Restricted Stock Agreement (CC Media Holdings Inc)

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Tranche 2 Shares. The Tranche 2 Shares shall vest upon the achievement of a 1.0x Qualifying Return to Investor, provided that the Grantee’s Employment continues through such time.

Appears in 1 contract

Samples: Employment Agreement (CC Media Holdings Inc)

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