Vesting of the Restricted Shares. (a) Except as otherwise provided in Section 2(b) below, the Restricted Shares held by each Stockholder shall become vested in accordance with the following schedule, if, as of each such date, (i) the Management Services Agreement has not been terminated, (ii) there has not been a Cessation of Active Practice by such Stockholder (as defined in Section 2(c) below), (iii) such Stockholder has not become permanently disabled (as described in Section 3(a)(iii) below), and (iv) such Stockholder has not died: Anniversary Date Percentage of of this Agreement Restricted Shares Vested ----------------- ------------------------ First 25% Second 25% Third 25% Fourth 25% For purposes of this Agreement, "Anniversary Date of this Agreement" means September 1 of each year after 1997. Restricted Shares which have become vested are referred to herein as "Vested Shares" and all other Restricted Shares are referred to herein as "Unvested Shares."
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Samples: Restricted Stock Agreement (BMJ Medical Management Inc), Restricted Stock Agreement (BMJ Medical Management Inc), Restricted Stock Agreement (BMJ Medical Management Inc)
Vesting of the Restricted Shares. (a) Except as otherwise provided in Section 2(b) below, the Restricted Shares held by each Stockholder shall become vested in accordance with the following schedule, if, as of each such date, (i) the Management Services Agreement has not been terminated, (ii) there has not been a Cessation of Active Practice by such Stockholder (as defined in Section 2(c) below), (iii) such Stockholder has not become permanently disabled (as described in Section 3(a)(iii) below), and (iv) such Stockholder has not died: Anniversary Date Percentage of of this Agreement Restricted Shares Vested ----------------- ------------------------ First 25% Second 25% Third 25% Fourth 25% For purposes of this Agreement, "Anniversary Date of this Agreement" means September August 1 of each year after 1997. Restricted Shares which have become vested are referred to herein as "Vested Shares" and all other Restricted Shares are referred to herein as "Unvested Shares."
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Samples: Restricted Stock Agreement (BMJ Medical Management Inc)