Common use of Vesting of Restricted Stock Clause in Contracts

Vesting of Restricted Stock. The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the Vesting Date or Dates specified in the following schedule. If a series of Vesting Dates is specified, then the restrictions and conditions in Paragraph 2 shall lapse only with respect to the number of shares of Restricted Stock specified as vested on such date.

Appears in 9 contracts

Samples: Restricted Stock Award Agreement (Mercury Systems Inc), Restricted Stock Award Agreement (Mercury Systems Inc), Performance Restricted Stock Award Agreement (Mercury Systems Inc)

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Vesting of Restricted Stock. The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the Vesting Date or Dates specified in the following scheduleschedule so long as the Grantee remains an employee of the Company or a Subsidiary on such Dates. If a series of Vesting Dates is specified, then the restrictions and conditions in Paragraph 2 shall lapse only with respect to the number of shares of Restricted Stock specified as vested on such date.

Appears in 9 contracts

Samples: Restricted Stock Award Agreement (HarborOne Bancorp, Inc.), Restricted Stock Award Agreement (Northeast Bancorp /Me/), Restricted Stock Award Agreement (Northeast Bancorp /Me/)

Vesting of Restricted Stock. (a) The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the Vesting Date or Dates specified in the following schedule. If a series of Vesting Dates is specified, then the restrictions and conditions in Paragraph 2 shall lapse only with respect to the number of shares of Restricted Stock specified as vested on such date. (b) The restrictions and conditions in Paragraph 2 of this Agreement shall lapse upon the occurrence of a Change of Control of the Company.

Appears in 3 contracts

Samples: Restricted Stock Award Agreement (Mercury Systems Inc), Restricted Stock Award Agreement (Mercury Systems Inc), Performance Restricted Stock Award Agreement (Mercury Systems Inc)

Vesting of Restricted Stock. (a) The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the Vesting Date or Dates specified in the following scheduleschedule so long as the Grantee remains an employee of the Company or a Subsidiary on such Dates. If a series of Vesting Dates is specified, then the restrictions and conditions in Paragraph 2 shall lapse only with respect to the number of shares of Restricted Stock specified as vested on such date.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Plug Power Inc), Restricted Stock Award Agreement (Plug Power Inc)

Vesting of Restricted Stock. [The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the Vesting Date or Dates specified in the following scheduleschedule so long as the Grantee remains a [director][employee] of the Company or a Subsidiary on such Date. If a series of Vesting Dates is specified, then the restrictions and conditions in Paragraph 2 shall lapse only with respect to the number of shares of Restricted Stock specified as vested on such date.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Brookline Bancorp Inc), Restricted Stock Award Agreement (Brookline Bancorp Inc)

Vesting of Restricted Stock. The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the Vesting Date or Dates specified in the following scheduleschedule so long as the Grantee remains an employee of the Company or subsidiary on such Dates. If a series of Vesting Dates is specified, then the restrictions and conditions in Paragraph 2 shall lapse only with respect to the number of shares of Restricted Stock specified as vested on such date.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Moldflow Corp)

Vesting of Restricted Stock. The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the Vesting Date or Dates specified in the following scheduleschedule so long as the Grantee continues to have a Service Relationship with the Company or a Subsidiary on such Dates. If a series of Vesting Dates is specified, then the restrictions and conditions in Paragraph 2 shall lapse only with respect to the number of shares of Restricted Stock specified as vested on such date.

Appears in 1 contract

Samples: Assumed Incentive Stock Option Agreement (Pardes Biosciences, Inc.)

Vesting of Restricted Stock. The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the Vesting Date or Dates dates specified in the following schedule; provided, that the Grantee continues to have a Service Relationship with the Company or a Subsidiary on each applicable vesting date: [_____________________]. If a series Subsequent to such Vesting Date or Dates, the shares of Vesting Dates is specified, then the Stock on which all restrictions and conditions have lapsed shall no longer be deemed Restricted Stock. The Administrator may at any time accelerate the vesting schedule specified in this Paragraph 2 shall lapse only with respect to the number of shares of Restricted Stock specified as vested on such date3.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (BridgeBio Pharma, Inc.)

Vesting of Restricted Stock. The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the Vesting Date or Dates specified in the following scheduleschedule so long as the Grantee remains an employee of the Company or a Subsidiary on such Dates. If a series of Vesting Dates is specified, then the restrictions and conditions in Paragraph 2 shall lapse only with respect to the number of shares of Restricted Stock specified as vested on such date.. Number of Shares Vested Vesting Date 100% May [__], 20[__]

Appears in 1 contract

Samples: Restricted Stock Award Agreement

Vesting of Restricted Stock. The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the Vesting Date or Dates specified in the following scheduleschedule so long as the Grantee remains in a Service Relationship with the Company or a Subsidiary on such Dates. If a series of Vesting Dates is specified, then the restrictions and conditions in Paragraph 2 shall lapse only with respect to the number of shares of Restricted Stock specified as vested on such date.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Brookline Bancorp Inc)

Vesting of Restricted Stock. The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the Vesting Date or Dates specified in the following scheduleschedule so long as the Grantee remains in a Service Relationship (as defined in the Plan) on such Dates. If a series of Vesting Dates is specified, then the restrictions and conditions in Paragraph 2 shall lapse only with respect to the number of shares of Restricted Stock specified as vested on such date.. Incremental Number of Shares Vested Vesting Date ​

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Plug Power Inc)

Vesting of Restricted Stock. The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the Vesting Date or Dates specified in the following scheduleschedule so long as the Grantee remains an employee of the Corporation or Subsidiary on such Dates. If a series of Vesting Dates is specified, then the restrictions and conditions in Paragraph Section 2 shall lapse only with respect to the number of shares of Restricted Stock specified as vested on such date.

Appears in 1 contract

Samples: Restricted Stock Agreement (Washington Trust Bancorp Inc)

Vesting of Restricted Stock. The restrictions and conditions in Paragraph Section 2 of this Agreement shall lapse on the Vesting Date or Dates specified in the following schedule. If schedule so long as the Grantee continues to have a series of Vesting Dates is specified, then Service Relationship the restrictions and conditions in Paragraph 2 shall lapse only with respect to the number of shares of Restricted Stock specified as vested Company or a Subsidiary on such date.ACTIVE/122000001.8 ​ ​ ​

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Zynerba Pharmaceuticals, Inc.)

Vesting of Restricted Stock. The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the Vesting Date or Dates specified in the following schedule. If a series of Vesting Dates is specified, then the The restrictions and conditions in Paragraph 2 shall lapse only with respect to the number of shares of Restricted Stock specified as vested on such date.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Cambridge Technology Partners Massachusetts Inc)

Vesting of Restricted Stock. The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the Vesting Date or Dates specified in the following schedule. If schedule so long as the Grantee remains an employee of the Company or a series of Vesting Dates is specified, then the restrictions and conditions in Paragraph 2 shall lapse only with respect to the number of shares of Restricted Stock specified as vested on Subsidiary continuously through such dateDates.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Monogram Residential Trust, Inc.)

Vesting of Restricted Stock. The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the Vesting Date or Dates specified in the following scheduleschedule so long as the Grantee remains an employee of the Company or a Subsidiary on such Dates. If a series Incremental Number of Shares Vested Vesting Dates is specifiedDate Subsequent to such Vesting Date or Dates, then the shares of Stock on which all restrictions and conditions have lapsed shall no longer be deemed Restricted Stock. The Administrator may at any time accelerate the vesting schedule specified in this Paragraph 2 shall lapse only with respect to the number of shares of Restricted Stock specified as vested on such date3.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (HarborOne Bancorp, Inc.)

Vesting of Restricted Stock. The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the Vesting Date or Dates specified in the following scheduleschedule so long as the Grantee remains an active member of the Board on such Dates. If a series of Vesting Dates is specified, then the restrictions and conditions in Paragraph Section 2 shall lapse only with respect to the number of shares of Restricted Stock specified as vested on such date.

Appears in 1 contract

Samples: Restricted Stock Agreement (Washington Trust Bancorp Inc)

Vesting of Restricted Stock. The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the Vesting Date or Dates specified in the following schedule. If a series of Vesting Dates is specified, then the restrictions and conditions in Paragraph 2 shall lapse only with respect schedule to the number extent the Grantee remains an employee of shares of Restricted Stock specified as vested the Company or a Subsidiary on such dateVesting Dates.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Boston Private Financial Holdings Inc)

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Vesting of Restricted Stock. The restrictions and conditions in Paragraph Section 2 of this Agreement shall lapse on the Vesting Date or Dates specified in the following scheduleschedule so long as the Participant remains an Eligible Participant on the relevant Vesting Date. If a series of Vesting Dates is specified, then the restrictions and conditions in Paragraph Section 2 shall lapse only with respect to the number of shares of Restricted Stock specified as vested on such dateDate.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Arbinet Thexchange Inc)

Vesting of Restricted Stock. The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the Vesting Date or Dates specified in the following scheduleschedule so long as the Grantee remains an employee of the Company or Subsidiary on such Dates. If a series of Vesting Dates is specified, then the restrictions and conditions in Paragraph 2 shall lapse only with respect to the number of shares of Restricted Stock specified as vested on such date. % % % % Subsequent to such Vesting Date or Dates, the shares of Stock on which all restrictions and conditions have lapsed shall no longer be deemed Restricted Stock.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Digitas Inc)

Vesting of Restricted Stock. The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the Vesting Date or Dates specified in so long as the following scheduleGrantee remains a Director of the Company on the Vesting Date. If a series of Subsequent to the Vesting Dates is specifiedDate, then the Shares on which all restrictions and conditions in Paragraph 2 have lapsed shall lapse only with respect to the number of shares of no longer be deemed Restricted Stock specified as vested on such dateStock.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Unifirst Corp)

Vesting of Restricted Stock. The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the Vesting Date or Dates specified in the following schedule. If a series of Vesting Dates is specified, then the restrictions and conditions in Paragraph 2 shall lapse only with respect to the number of shares of Restricted Stock specified as vested on such date. Subsequent to such Vesting Date or Dates, the shares of Stock on which all restrictions and conditions have lapsed shall no longer be deemed Restricted Stock. The Administrator may at any time accelerate the vesting schedule specified in this Paragraph 3.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Albany Molecular Research Inc)

Vesting of Restricted Stock. The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the Vesting Date or Dates specified in the following scheduleschedule so long as the Grantee remains an employee of the Company or Subsidiary on such Dates. If a series of Vesting Dates is specified, then the restrictions and conditions in Paragraph 2 shall lapse only with respect to the number of shares of Restricted Stock specified as vested on such date.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Cypress Communications Inc)

Vesting of Restricted Stock. The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the Vesting Date or Dates specified in the following scheduleschedule so long as the Grantee remains a member of the Board of Directors of the Company on such Vesting Date or Vesting Dates. If a series of Vesting Dates is specified, then the restrictions and conditions in Paragraph 2 shall lapse only with respect to the number of shares of Restricted Stock specified as vested on each such dateVesting Date.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Zoll Medical Corp)

Vesting of Restricted Stock. [The restrictions and conditions in Paragraph 2 of this Agreement shall lapse only to the extent the performance targets are attained, as more fully described in Exhibit A hereto./The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the Vesting Date or Dates specified in the following scheduleschedule so long as the Grantee remains an employee of the Company or a Subsidiary on such Dates. If a series of Vesting Dates is specified, then the restrictions and conditions in Paragraph 2 shall lapse only with respect to the number of shares of Restricted Stock specified as vested on such date.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Chittenden Corp /Vt/)

Vesting of Restricted Stock. The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the Vesting Date or Dates specified in the following scheduleschedule so long as the Grantee remains a member of the Company's Advisory Board on such Dates. If a series of Vesting Dates is specified, then the restrictions and conditions in Paragraph 2 shall lapse only with respect to the number of shares of Restricted Stock specified as vested on such date.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Brainstorm Cell Therapeutics Inc)

Vesting of Restricted Stock. The restrictions and conditions in Paragraph Section 2 of this Agreement shall lapse on the Vesting Date or Dates specified in the following schedule, and in the amounts set forth on such schedule, so long as the Grantee remains in a Service Relationship through the relevant Vesting Date. If a series The shares of Vesting Dates is specified, then the restrictions and conditions in Paragraph 2 shall lapse only with respect Stock that have vested pursuant to the number of shares of above schedule shall no longer be deemed Restricted Stock specified as vested on such dateStock.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Environmental Impact Acquisition Corp)

Vesting of Restricted Stock. The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the Vesting Date or Dates specified in the following scheduleschedule so long as the Grantee remains an employee of the Company or a Subsidiary on such dates. If a series of Vesting Dates is specified, then the restrictions and conditions in Paragraph 2 shall lapse only with respect to the number of shares of Restricted Stock specified as vested on such date. ( %) ( %) ( %) ( %) ( %) Subsequent to such Vesting Date or Dates, the shares of Stock on which all restrictions and conditions have lapsed shall no longer be deemed Restricted Stock.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Mac-Gray Corp)

Vesting of Restricted Stock. The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the Vesting Date or Dates dates specified in the following schedule; provided, that the Grantee continues to have a Service Relationship with the Company or a Subsidiary on each applicable vesting date: [________________________]. If a series Subsequent to such Vesting Date or Dates, the shares of Vesting Dates is specified, then the Stock on which all restrictions and conditions have lapsed shall no longer be deemed Restricted Stock. The Administrator may at any time accelerate the vesting schedule specified in this Paragraph 2 shall lapse only with respect to the number of shares of Restricted Stock specified as vested on such date3.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (BridgeBio Pharma, Inc.)

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