Common use of Vesting Date             Vesting on Vesting Date Clause in Contracts

Vesting Date             Vesting on Vesting Date. First Anniversary of Date of Grant 33% Second Anniversary of Date of Grant 33% Third Anniversary of Date of Xxxxx Xxxxxxxxx Except as otherwise provided in Section 3, any RSUs with respect to which the Forfeiture Restrictions do not lapse in accordance with the preceding provisions of this Section 2(b) shall be cancelled and forfeited to the Company for no consideration as of the date of the termination of the Employee’s employment with the Company.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Forum Energy Technologies, Inc.), Restricted Stock Unit Agreement (Forum Energy Technologies, Inc.)

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Vesting Date             Vesting on Vesting Date. First Anniversary of Date of Grant Xxxxx [Insert 33% of Grant] Second Anniversary of Date of Grant [Insert 33% of Grant] Third Anniversary of Date of Xxxxx Xxxxxxxxx [Remainder] Except as otherwise provided in Section 3, any RSUs with respect to which the Forfeiture Restrictions do not lapse in accordance with the preceding provisions of this Section 2(b) shall be cancelled and forfeited to the Company for no consideration as of the date of the termination of the Employee’s employment with the Company.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Forum Energy Technologies, Inc.)

Vesting Date             Vesting on Vesting Date. First Anniversary of Date of Grant 33% Second Anniversary of Date of Grant 33% Third Anniversary of Date of Xxxxx Xxxxxxxxx Grant Remainder Except as otherwise provided in Section 3, any RSUs with respect to which the Forfeiture Restrictions do not lapse in accordance with the preceding provisions of this Section 2(b) shall be cancelled and forfeited to the Company for no consideration as of the date of the termination of the Employee’s employment with the Company.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Forum Energy Technologies, Inc.)

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Vesting Date             Vesting on Vesting Date. First Anniversary of Date of Grant 33% Second Anniversary of Date of Grant 33% Third Anniversary of Date of Xxxxx Xxxxxxxxx Except as otherwise provided in Section 3, any RSUs portion of the Cash Award with respect to which the Forfeiture Restrictions do not lapse in accordance with the preceding provisions of this Section 2(b) shall be cancelled and forfeited to the Company for no consideration as of the date of the termination of the Employee’s employment with the Company.

Appears in 1 contract

Samples: Employee Cash Award Agreement (Forum Energy Technologies, Inc.)

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