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) 33,333 shares on November 12, 2020; (ii) 33,333 shares on November 12, 2021; and (iii) 33,334 shares on November 12, 2022.

Appears in 2 contracts

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

AutoNDA by SimpleDocs

Vesting of Restricted Shares. The Restricted Shares shall vest (“Vested Shares”) in accordance with the following schedule: (i) 33,333 130,000 shares on November 12March 31, 20202019; (ii) 33,333 130,000 shares on November 12March 31, 20212020; and (iii) 33,334 130,000 shares on November 12March 31, 20222021.

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) 33,333 75,000 shares on November 12April 30, 2020; (ii) 33,333 75,000 shares on November 12April 30, 2021; and (iii) 33,334 75,000 shares on November 12April 30, 2022.

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) 33,333 150,000 shares on November 12, 2020the first anniversary of the date hereof; (ii) 33,333 150,000 shares on November 12, 2021the second anniversary of the date hereof; (iii) 150,000 shares on the third anniversary of the date hereof; and (iiiiv) 33,334 150,000 shares on November 12, 2022the 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) 33,333 75,000 shares on November 12, 2020the first anniversary of the date hereof; (ii) 33,333 75,000 shares on November 12, 2021the second anniversary of the date hereof; and (iii) 33,334 75,000 shares on November 12, 2022the third anniversary of the date hereof.

Appears in 1 contract

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

AutoNDA by SimpleDocs

Vesting of Restricted Shares. The Restricted Shares shall vest ("Vested Shares") in accordance with the following schedule: (i) 33,333 125,000 shares on November 12, 2020the first anniversary of the date hereof; (ii) 33,333 125,000 shares on November 12, 2021the second anniversary of the date hereof; and (iii) 33,334 125,000 shares on November 12, 2022the 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) 33,333 150,000 shares on November 12, 2020the first anniversary of the date hereof; (ii) 33,333 150,000 shares on November 12, 2021the second anniversary of the date hereof; and (iii) 33,334 150,000 shares on November 12, 2022the 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) 33,333 100,000 shares on November 12, 2020the first anniversary of the date hereof; (ii) 33,333 100,000 shares on November 12, 2021the second anniversary of the date hereof; and (iii) 33,334 100,000 shares on November 12, 2022the third anniversary of the date hereof.

Appears in 1 contract

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

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!