Common use of VESTING SCHEDULE; SERVICE REQUIREMENT Clause in Contracts

VESTING SCHEDULE; SERVICE REQUIREMENT. Except as provided otherwise in Section 4 of this Agreement, a portion of the Awarded Shares shall vest during Participant’s continued service as a member of the Board (“Board Service”) on each “Vesting Date” set forth above (each, a “Vesting Date”), in each case, as set forth on the first page of this Agreement under the heading “Vesting of Awarded Shares,” as follows:

Appears in 2 contracts

Samples: Restricted Stock Agreement (Quanta Services Inc), Restricted Stock Agreement (Quanta Services Inc)

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VESTING SCHEDULE; SERVICE REQUIREMENT. Except as provided otherwise in Section 4 of this Agreement, a portion of the Awarded Shares shall vest during Participant’s continued service as a member of with the Board Company or an Affiliate (“Board Continuous Service”) on each “Vesting Date” set forth above (each, a “Vesting Date”), in each case, as set forth on the first page of this Agreement under the heading “Vesting of Awarded Shares,” as follows:

Appears in 2 contracts

Samples: Restricted Stock Agreement (Quanta Services Inc), Restricted Stock Agreement (Quanta Services Inc)

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