Common use of Vesting of Restricted Shares Clause in Contracts

Vesting of Restricted Shares. The Restricted Shares shall vest (“Vested Shares”) in accordance with the following schedule: (i) 130,000 shares on March 31, 2019; (ii) 130,000 shares on March 31, 2020; and (iii) 130,000 shares on March 31, 2021.

Appears in 2 contracts

Samples: Employment Agreement (ARC Group, Inc.), Restricted Stock Award Agreement (ARC Group, Inc.)

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Vesting of Restricted Shares. The Restricted Shares shall vest (“Vested Shares”) in accordance with the following schedule: (i) 130,000 75,000 shares on March 31April 30, 20192020; (ii) 130,000 75,000 shares on March 31April 30, 20202021; and (iii) 130,000 75,000 shares on March 31April 30, 20212022.

Appears in 2 contracts

Samples: Employment Agreement (ARC Group, Inc.), Restricted Stock Award Agreement (ARC Group, Inc.)

Vesting of Restricted Shares. The Restricted Shares shall vest (“Vested Shares”) in accordance with the following schedule: (i) 130,000 33,333 shares on March 31November 12, 20192020; (ii) 130,000 33,333 shares on March 31November 12, 20202021; and (iii) 130,000 33,334 shares on March 31November 12, 20212022.

Appears in 2 contracts

Samples: Employment Agreement (ARC Group, Inc.), Restricted Stock Award Agreement (ARC Group, Inc.)

Vesting of Restricted Shares. The Restricted Shares shall vest ("Vested Shares") in accordance with the following schedule: (i) 130,000 75,000 shares on March 31, 2019the first anniversary of the date hereof; (ii) 130,000 75,000 shares on March 31, 2020the second anniversary of the date hereof; and (iii) 130,000 75,000 shares on March 31, 2021the third anniversary of the date hereof.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (National Health Partners Inc)

Vesting of Restricted Shares. The Restricted Shares shall vest ("Vested Shares") in accordance with the following schedule: (i) 130,000 100,000 shares on March 31, 2019the first anniversary of the date hereof; (ii) 130,000 100,000 shares on March 31, 2020the second anniversary of the date hereof; and (iii) 130,000 100,000 shares on March 31, 2021the third anniversary of the date hereof.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (National Health Partners Inc)

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Vesting of Restricted Shares. The Restricted Shares shall vest ("Vested Shares") in accordance with the following schedule: (i) 130,000 125,000 shares on March 31, 2019the first anniversary of the date hereof; (ii) 130,000 125,000 shares on March 31, 2020the second anniversary of the date hereof; and (iii) 130,000 125,000 shares on March 31, 2021the third anniversary of the date hereof.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (National Health Partners Inc)

Vesting of Restricted Shares. The Restricted Shares shall vest (“Vested Shares”) in accordance with the following schedule: (i) 130,000 150,000 shares on March 31, 2019the first anniversary of the date hereof; (ii) 130,000 150,000 shares on March 31, 2020the second anniversary of the date hereof; (iii) 150,000 shares on the third anniversary of the date hereof; and (iiiiv) 130,000 150,000 shares on March 31, 2021the fourth anniversary of the date hereof.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (National Health Partners Inc)

Vesting of Restricted Shares. The Restricted Shares shall vest ("Vested Shares") in accordance with the following schedule: (i) 130,000 150,000 shares on March 31, 2019the first anniversary of the date hereof; (ii) 130,000 150,000 shares on March 31, 2020the second anniversary of the date hereof; and (iii) 130,000 150,000 shares on March 31, 2021the third anniversary of the date hereof.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (National Health Partners Inc)

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