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 date(s) specified in the following schedule so long as the Grantee remains an employee of the Company or a Subsidiary on such date(s). 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. Shares Vested Vesting Date ( %) ( %) ( %) ( %) ( %) Subsequent to such date(s), the shares of Stock on which all restrictions and conditions have lapsed shall no longer be deemed Restricted Stock. The Committee may at any time accelerate the vesting schedule specified in this Paragraph 3.

Appears in 5 contracts

Samples: Restricted Stock Award Agreement (Monotype Imaging Holdings Inc.), Restricted Stock Award Agreement (Monotype Imaging Holdings Inc.), Restricted Stock Award Agreement (Monotype Imaging Holdings Inc.)

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Vesting of Restricted Stock. The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the date(s) Vesting Date or Dates specified in the following schedule so long as the Grantee remains an employee of the Company or a Subsidiary on such date(s)Dates. If a series of vesting dates 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 ( %) ( %) ( %) ( %) ( %) Subsequent to such date(s)Vesting Date or Dates, the shares of Stock on which all restrictions and conditions have lapsed shall no longer be deemed Restricted Stock. The Committee Administrator may at any time accelerate the vesting schedule specified in this Paragraph 3.

Appears in 3 contracts

Samples: Restricted Stock Award Agreement (CRISPR Therapeutics AG), Restricted Stock Award Agreement (Mevion Medical Systems, Inc.), Restricted Stock Award Agreement (Brightcove Inc)

Vesting of Restricted Stock. The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the date(s) Vesting Date or Dates specified in the following schedule so long as the Grantee remains an employee of the Company or a Subsidiary on such date(s)Dates. If a series of vesting dates 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. Shares Vested Vesting Date ( %) ( %) ( %) ( %) ( %) [Insert vesting provision] Subsequent to such date(s)Vesting Date or Dates, the shares of Stock on which all restrictions and conditions have lapsed shall no longer be deemed Restricted Stock. The Committee Administrator may at any time accelerate the vesting schedule specified in this Paragraph 3.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Zoll Medical Corp), Restricted Stock Award Agreement (Zoll Medical Corp)

Vesting of Restricted Stock. The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the date(s) Vesting Date or Dates specified in the following schedule so long as the Grantee remains an employee of the Company or a Subsidiary on such date(s)schedule. If a series of vesting dates Vesting Dates is specified, then the restrictions and conditions in Paragraph 2 shall lapse only with respect to the incremental number of shares of Restricted Stock specified as vested on such date. Incremental Number (Cumulative Number) of Shares of Restricted Stock Vested Vesting Date ( %) ( %) ( %) ( %) ( %) # # DATE # # DATE # # DATE Subsequent to such date(s)Vesting Date or Dates, the shares of Common Stock on which all restrictions and conditions have lapsed shall no longer be deemed Restricted Stock. The Committee may at any time accelerate the vesting schedule specified in this Paragraph 36.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Camden National Corp)

Vesting of Restricted Stock. The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the date(s) Vesting Date or Dates specified in the following schedule so long as the Grantee remains an employee of the Company or a Subsidiary on such date(s)schedule. If a series of vesting dates Vesting Dates is specified, then the restrictions and conditions in Paragraph 2 shall lapse only with respect to the incremental number of shares of Restricted Stock specified as vested on such date. Incremental Number (Cumulative Number)of Shares of Restricted Stock Vested Vesting Date ( %) ( %) ( %) ( %) ( %) # # DATE # # DATE # # DATE Subsequent to such date(s)Vesting Date or Dates, the shares of Common Stock on which all restrictions and conditions have lapsed shall no longer be deemed Restricted Stock. The Committee may at any time accelerate the vesting schedule specified in this Paragraph 36.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Camden National Corp)

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Vesting of Restricted Stock. The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the date(s) specified in the following schedule so long as the Grantee remains an employee or consultant of the Company or a Subsidiary on such date(s). 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. Shares Vested Vesting Date ( %) ( %) ( %) ( %) ( %) Subsequent to such date(s), the shares of Stock on which all restrictions and conditions have lapsed shall no longer be deemed Restricted Stock. The Committee may at any time accelerate the vesting schedule specified in this Paragraph 3.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Monotype Imaging Holdings Inc.)

Vesting of Restricted Stock. The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the date(s) Vesting Date or Dates specified in the following schedule so long as the Grantee remains an employee of the Company or a Subsidiary on such date(s)Dates. If a series of vesting dates 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 ( %) ( %) ( %) ( %) ( %) Subsequent to such date(s)Vesting Date or Dates, the shares of Stock on which all restrictions and conditions have lapsed shall no longer be deemed Restricted Stock. The Committee may at any time accelerate the vesting schedule specified in this Paragraph 3.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Monotype Imaging Holdings Inc.)

Vesting of Restricted Stock. The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the date(s) Vesting Date or Dates specified in the following schedule so long as the Grantee remains an employee of the Company or a Subsidiary on such date(s)Dates. If a series of vesting dates 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 Vested1 Vesting Date ( %) ( %) ( %) ( %) ( %) __________ __________ __________ Subsequent to such date(s)Vesting Date or Dates, the shares of Stock on which all restrictions and conditions have lapsed shall no longer be deemed Restricted Stock. The Committee may at any time accelerate the vesting schedule specified in this Paragraph 3.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (CRT Properties Inc)

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