Common use of Vesting, Forfeiture or Early Vesting of Unvested Awarded Shares Clause in Contracts

Vesting, Forfeiture or Early Vesting of Unvested Awarded Shares. (a) Unless vested earlier or forfeited as provided in (b) or (c) below, the Awarded Shares shall become vested in the Executive on the third anniversary of the Date of Grant, and shall thereon be released from escrow and delivered to the Executive, subject to the satisfaction of the condition set forth in Section 2.1 above.

Vesting, Forfeiture or Early Vesting of Unvested Awarded Shares. (a) Unless vested earlier or forfeited as provided in (b) or (c) below, the Awarded Shares shall become vested in the Executive on the third anniversary of the Date of Grant, and shall thereon be released from escrow and delivered to the Executive, subject to the satisfaction of the condition set forth in Section 2.1 above. ------------- /1/ Capitalized terms not otherwise defined herein are defined in Section 8 below.