Common use of Vesting of Restricted Stock Clause in Contracts

Vesting of Restricted Stock. Any and all restrictions applicable to awards of restricted stock of Company then held by Executive shall lapse upon the Date of Termination, and any provision contained in the agreement(s) under which such restricted stock awards were granted that is inconsistent with such acceleration is hereby modified to the extent necessary to provide for such acceleration of vesting;

Vesting of Restricted Stock. Any and all restrictions applicable to awards of restricted stock of Company Regions then held by Executive shall lapse upon the Date of Termination, and any provision contained in the agreement(s) under which such restricted stock awards were granted that is inconsistent with such acceleration is hereby modified to the extent necessary to provide for such acceleration of vesting; provided, however, that such accelerated lapse of restrictions shall not apply if, prior to the first anniversary of the Effective Date, Executive is terminated for Cause or Executive voluntarily terminates employment hereunder without Good Reason;