Common use of Vesting of LTIP Units Clause in Contracts

Vesting of LTIP Units. The restrictions and conditions in Section 2 of this Agreement shall lapse with respect to the number of LTIP Units specified below on the Vesting Dates specified below, so long as the Grantee remains an employee of the Company or an Affiliate from the Closing Date until such Vesting Date or Dates. Number of

Appears in 1 contract

Samples: Unit Vesting Agreement (Chatham Lodging Trust)

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Vesting of LTIP Units. The restrictions and conditions in Section 2 of this Agreement shall lapse with respect to the number of LTIP Units specified below on the Vesting Date or Dates specified belowin the following schedule, so long as the Grantee remains an employee of the Company or an Affiliate affiliate of the Company from the Closing Date until such Vesting Date or Dates. Number If a series of Vesting Dates is specified, then the restrictions and conditions in Section 2 shall lapse only with respect to the percentage of LTIP Units accepted by the Grantee hereunder that is specified as vested on such date. Fraction of

Appears in 1 contract

Samples: Long Term Incentive Plan Unit Vesting Agreement (Midlantic Office Trust, Inc.)

Vesting of LTIP Units. The restrictions and conditions in Section 2 of this Agreement shall lapse with respect to the number of LTIP Units specified below on the Vesting Dates specified below, so long as the Grantee remains an employee of the Company or an Affiliate (as defined in the Plan) from the Closing Date until such Vesting Date or Dates. Number of

Appears in 1 contract

Samples: Long Term Incentive Plan (Pebblebrook Hotel Trust)

Vesting of LTIP Units. The restrictions and conditions in Section 2 of this Agreement shall lapse with respect to the number of LTIP Units specified below on the Vesting Dates specified below, so long as the Grantee remains an employee of the Company or an Affiliate from the Closing Date until such Vesting Date or Dates. Number ofof LTIP Units Vested Vesting Dates January 28, 2017 January 28, 2018 January 28, 2019 Subsequent to such Vesting Date or Dates, the LTIP Units on which all restrictions and conditions have lapsed shall no longer be deemed restricted.

Appears in 1 contract

Samples: Unit Vesting Agreement (Chatham Lodging Trust)

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Vesting of LTIP Units. The restrictions and conditions in Section 2 Sections 2(b) and 2(c) of this Agreement shall lapse with respect to the number of LTIP Units specified below granted herein in the amounts and on the Vesting Dates specified below, so long as the Grantee remains an employee of the Company or an Affiliate from the Closing Date until such Vesting Date or Dates. : Number of

Appears in 1 contract

Samples: Long Term Incentive Plan (American Residential Properties, Inc.)

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