Vesting in Certain Circumstances. Notwithstanding the provisions in Section 2, on the date immediately preceding the date of a change in control (as defined in Grantee’s employment agreement with the Company (the “Employment Agreement”)), or (b) upon a termination of Grantee’s employment by the Company pursuant to Section 8 of the Employment Agreement, the Restricted Shares shall be 100% vested.
Appears in 2 contracts
Samples: Restricted Stock Award Agreement (T-3 Energy Services Inc), Restricted Stock Award Agreement (T-3 Energy Services Inc)
Vesting in Certain Circumstances. Notwithstanding the provisions in Section 2, on the date immediately preceding the date of a change in control (as defined in Grantee’s employment agreement with the Company (the “Employment Agreement”)), or (b) upon a termination of Grantee’s employment by the Company pursuant to Section 8 9 of the Employment Agreement, the Restricted Shares shall be 100% vested.
Appears in 2 contracts
Samples: Restricted Stock Award Agreement (T-3 Energy Services Inc), Restricted Stock Award Agreement (T-3 Energy Services Inc)
Vesting in Certain Circumstances. Notwithstanding the provisions in Section 2, on the date immediately preceding the date of a change in of control (as defined in Grantee’s employment agreement with the Company (Plan at the “Employment Agreement”)time of such event), or (b) upon a termination of Grantee’s employment by the Company pursuant to Section 8 of the Employment Agreement, the Restricted Shares shall be 100% vested.
Appears in 1 contract
Samples: Restricted Stock Award Agreement (T-3 Energy Services Inc)