Vesting Restrictions. Each award or sale of Shares shall be subject to such vesting and forfeiture conditions as the Board may determine. Such restrictions shall be set forth in the applicable Award Agreement and, unless otherwise provided in the Award Agreement, shall apply to any dividends paid with respect to such Shares. The vesting of a Restricted Stock Award granted to a Participant for Service as an Outside Director shall be automatically accelerated in full in the event of a Change in Control.
Vesting Restrictions. The Restricted Stock Units shall vest in accordance with the schedule set forth below, provided that (a) the Recipient remains employed by the Company or its subsidiaries on such dates, and (b), if applicable, the Company successfully and timely achieves the objectives set forth on Exhibit "A" attached hereto, as determined in the sole discretion of the Company's Compensation Committee of its Board of Directors (the "Committee"):
Vesting Restrictions. On the applicable vesting date, the restrictions on each Share (subject to adjustment under the Plan) shall lapse and the Shares made available to the Participant or, in the event of the Participant’s death, to the Participant’s estate or heirs, provided that the Participant has remained in Continuous Status as an Employee or Consultant through such vesting date, has satisfied all obligations with regard to the Tax-Related Items (as defined below) in connection with the Award, and that the Participant has completed, signed and returned any documents and taken any additional action that the Company deems appropriate to enable it to accomplish the delivery of such Shares. No fractional Shares will be issued under this Agreement.
Vesting Restrictions. Except as provided under the terms of the Plan and in paragraph 2(b), the Shares will vest only during Non-Employee Director’s lifetime while Non-Employee Director remains a director of the Company.
Vesting Restrictions. Except as provided under the terms of the Plan and in paragraph 2(b), the Shares will vest only during Employee’s lifetime while Employee remains an employee of the Company.
Vesting Restrictions. Subject to the provisions of Section 5 of this Agreement and to adjustment pursuant to Section 4.2 of the Plan, the Option shall become fully vested and exercisable as to all Option Shares on the one (1) year anniversary of the Date of Grant.
Vesting Restrictions. The Performance Units shall be subject to a restricted period that shall commence on the Grant Date and shall end on the time-based vesting dates described in Section 2(a)(ii) below (the “Performance Period”), subject to the satisfaction of the Performance Vesting Requirement described in Section 2(a)(i) and the provisions of Section 2(c). During the Performance Period, the Performance Units shall be subject to being forfeited by Participant to Approach as provided in this Agreement, and Participant may not sell, transfer, pledge, exchange, hypothecate or otherwise dispose of any of the Performance Units (the “Restrictions”).
Vesting Restrictions. The Deferred Shares shall vest in accordance with Exhibit "A" attached hereto on , provided that (a) the Recipient remains employed by the Company or its subsidiaries on such date, and (b) the Company successfully and timely achieves the objectives set forth on Exhibit "A" attached hereto, as determined in the sole discretion of the Company's Compensation Committee of its Board of Directors (the "Committee").
Vesting Restrictions. On the applicable vesting date, the restrictions on each Share (subject to adjustment under the Plan) will lapse and the Shares will be made available to the Participant or, in the event of the Participant’s death, to the Participant’s estate or heirs, provided that the Participant has remained in Continuous Status as an Employee or Consultant through such vesting date, has satisfied all obligations with regard to the Tax-Related Items (as defined below) in connection with Omnibus Equity Incentive Plan - ISA Agreement - 1 Rev. Feb. 2021 the Award, and that the Participant has completed, signed and returned any documents and taken any additional action that the Company deems appropriate to enable it to accomplish the delivery of the Shares. No fractional shares will be issued under this Agreement.
Vesting Restrictions. The Restricted Stock shall become vested as follows:
(a) The Restricted Stock grant shall become vested for xxx shares if Executive remains continuously employed by the Company through the date that is one year after the Grant Date.
(b) The Restricted Stock grant shall become vested for an additional xxx shares if Executive remains continuously employed by the Company through the date that is two years after the Grant.
(c) The Restricted Stock grant shall become vested for an additional xxx shares if Executive remains continuously employed by the Company through the date that is three years after the Grant Date.
(d) The Restricted Stock grant shall become vested for the final xxx shares if Executive remains continuously employed by the Company through the date that is four years after the Grant Date. Notwithstanding the foregoing, all restrictions shall lapse in the event of a termination of employment as a result of Executive's death, Disability or Retirement, or upon the occurrence of a Change in Control of the Company while the Executive remains employed. The period of time during which the Restricted Stock covered by this Agreement are subject to the forfeiture restrictions is referred to as the “Restricted Period.” If the Executive’s employment with the Company terminates during the Restricted Period for any reason other than death, Disability or Retirement, any Restricted Stock for which the restrictions have not yet lapsed shall be forfeited to the Company on the date of such termination, without any further obligations of the Company to the Executive, and all rights of the Executive with respect to such Restricted Stock shall terminate.
