Common use of Vesting of the Restricted Stock Units Clause in Contracts

Vesting of the Restricted Stock Units. Except as otherwise provided herein, one-third of the Restricted Stock Units will vest on each of the first three anniversaries of the Grant Date, subject to Participant’s continuous Service with the Company through the applicable vesting date.

Appears in 3 contracts

Samples: Restricted Stock Unit Award Agreement (Baytex Energy Corp.), Restricted Stock Unit Award Agreement (Penn Virginia Corp), Officer Restricted Stock Unit Award Agreement (Penn Virginia Corp)

AutoNDA by SimpleDocs

Vesting of the Restricted Stock Units. Except as otherwise provided herein, one-third of the Restricted Stock Units will vest on each of the first three anniversaries of the Grant Date, subject to Participant’s 's continuous Service with the Company through the applicable vesting date.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Baytex Energy Corp.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!