Vesting and Lapse of Restrictions. (a) All shares of Restricted Stock subject to this Award shall vest in full (and all restrictions thereon shall lapse) on the first anniversary of the Award Date, provided the Participant is a Director on such anniversary.
Appears in 13 contracts
Samples: 2016 Nonemployee Director (Oceaneering International Inc), Restricted Stock Agreement (Oceaneering International Inc), Restricted Stock Agreement (Oceaneering International Inc)
Vesting and Lapse of Restrictions. (a) All shares of Restricted Stock subject to this Award shall vest in full (and all restrictions thereon shall lapse) on the first anniversary of the Award Date, provided the Participant is a continuously providing service as Director on through such anniversarydate.
Appears in 10 contracts
Samples: Nonemployee Director (Oceaneering International Inc), Nonemployee Director (Oceaneering International Inc), Nonemployee Director (Oceaneering International Inc)
