Common use of Vesting of Restricted Stock Grants Clause in Contracts

Vesting of Restricted Stock Grants. Company has declared earned the 70,000 unvested shares of restricted stock granted under the TARSAP programs in 1996 and 1998. One third of those shares shall vest on each of the first three anniversaries of this Agreement provided that Executive remains employed by Company on those dates.

Appears in 1 contract

Samples: Employment Agreement (Saks Inc)

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Vesting of Restricted Stock Grants. Company has declared earned the 70,000 137,500 unvested shares of restricted stock granted under the TARSAP programs in 1996 and 1998. One third of those shares shall vest on each of the first three anniversaries of this Agreement provided that Executive remains employed by Company on those dates.

Appears in 1 contract

Samples: Employment Agreement (Saks Inc)

Vesting of Restricted Stock Grants. Company has declared earned the 70,000 unvested shares of restricted stock granted under the TARSAP programs program in 1996 and 1998. One third of those The remaining shares shall vest on each of the first three anniversaries of this Agreement November I, 2003, provided that Executive remains employed by Company on those dates.

Appears in 1 contract

Samples: Employment Agreement (Saks Inc)

Vesting of Restricted Stock Grants. Company has declared earned the 70,000 8,332 unvested shares of restricted stock granted under the TARSAP programs in 1996 and 1998. One third of those shares shall vest on each of the first three anniversaries of this Agreement provided that Executive remains employed by Company on those dates.

Appears in 1 contract

Samples: Employment Agreement (Saks Inc)

Vesting of Restricted Stock Grants. Company has declared earned the 70,000 unvested shares of restricted stock granted under the TARSAP programs in 1996 and 1998. One third of those The remaining unvested shares shall vest on each of the first three anniversaries of this Agreement November 1, 2003, provided that Executive remains employed by Company on those datesthat date.

Appears in 1 contract

Samples: Employment Agreement (Saks Inc)

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Vesting of Restricted Stock Grants. Company has declared earned the 70,000 25,416 unvested shares of restricted stock granted under the TARSAP programs in 1996 and 1998. One third of those shares shall vest on each of the first three anniversaries of this Agreement provided that Executive remains employed by Company on those dates.

Appears in 1 contract

Samples: Employment Agreement (Saks Inc)

Vesting of Restricted Stock Grants. Company has declared earned the 70,000 21,166 unvested shares of restricted stock granted under the TARSAP programs in 1996 and 1998. One third of those shares shall vest on each of the first three anniversaries of this Agreement provided that Executive remains employed by Company on those dates.that

Appears in 1 contract

Samples: Employment Agreement (Saks Inc)

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