Common use of Vesting and Lapse of Restrictions Clause in Contracts

Vesting and Lapse of Restrictions. Subject to Section 2.2(a) and 2.2(c), the Award shall vest and the Restrictions shall lapse in accordance with the vesting schedule set forth in the Notice of Restricted Stock Award above; provided, however, that to the extent permitted by applicable law, the Administrator may, in its sole discretion, suspend the vesting and lapsing of Restrictions applicable to the Award during all or any part of any leave of absence from employment taken by the Holder.

Vesting and Lapse of Restrictions. Subject to Section 2.2(a) and 2.2(c), the Award shall vest and the Restrictions shall lapse in accordance with the vesting schedule Performance Vesting Condition and the Time Vesting Condition set forth in the Notice of Restricted Stock Award above; provided, however, that to the extent permitted by applicable lawlaw and the terms of the Plan, the Administrator may, in its sole discretion, suspend the vesting and lapsing of Restrictions applicable to the Award during all or any part of any leave of absence from employment taken by the Holder.

Vesting and Lapse of Restrictions. Subject to Section 2.2(a) and 2.2(c), the Award shall vest and the Restrictions shall lapse in accordance with the vesting schedule set forth in the Notice of Restricted Stock Award above; , provided, however, that to the extent permitted by applicable law, the Administrator may, in its sole discretion, suspend the vesting and lapsing of Restrictions applicable to the Award during all or any part of any leave of absence from employment taken by the Holder.

Vesting and Lapse of Restrictions. Subject to Section 2.2(a) and 2.2(c)above, the Award shall vest and the Restrictions shall lapse in accordance with the vesting schedule set forth in the Grant Notice of Restricted Stock Award above; provided, however, that (rounding down to the extent permitted by applicable lawnearest whole Share, except in the Administrator maycase of the final vesting event). In addition, in its sole discretionif a Change of Control occurs and the Participant remains an employee, suspend the vesting and lapsing of Restrictions applicable director or consultant at least until immediately prior to the Change of Control, then the Award during all or any part shall vest in full and Restrictions thereon shall lapse immediately prior to the occurrence of any leave such Change of absence from employment taken by the HolderControl.