Examples of Annual Restricted Stock Award in a sentence
Notwithstanding anything to the contrary in Section 7(b), the Period of Restriction applicable to each Initial Restricted Stock Award and each Annual Restricted Stock Award shall lapse on the earlier of the first anniversary of the date of grant or the date of the first annual meeting of the stockholders of the Company immediately following the date of grant, in either case, provided that the Participant continues to serve as a Director through such date.
Each Outside Director shall automatically be eligible for a grant of an Annual Award which shall consist of (i) an Annual Option Award and (ii) an Annual Restricted Stock Award, in each case, on the date of the Company’s most recently adjourned Annual Meeting of the Stockholders provided they are an Outside Director as of such date.
For a description of the vesting conditions of the performance-vesting portion of the Annual Restricted Stock Award, see “Executive Compensation—Elements of Compensation—Vesting.” The stock granted to Mr. Harris was fully vested at grant following his Retirement Eligibility Date in early 2017 in accordance with the terms of the Harris Employment Agreement and is not depicted in this table.
TOTAL WEIGHT T O T A L ================================================================== 001 TSA04C1 M.C. 18.700MAN.DIGG.IN LIMIT.SPACES UNDER 1M SUPPOR.AND MAN.EVAC.IN SOIL WITH NAT.
Subject to Section 16, the Option will vest and become exercisable as to one hundred percent (100%) of the Shares subject to the Option on the earlier of the first anniversary of the date of grant or the date of the first annual meeting of the stockholders of the Company immediately following the date of grant, in either case, provided that the Participant continues to serve as a Director through such date.( g ) Annual Restricted Stock Award .
Notwithstanding anything to the contrary in Section 7(b), the Period of Restriction applicable to each Initial Restricted Stock Award and each Annual Restricted Stock Award shall lapse on the earlier of the first anniversary of the date of grant or the date of the first annual meeting of the stockholders of the Company immediately following the date of grant, in either case, provided that the Participant continues to serve as a Director until immediately prior to such date.
Non-Employee Directors shall be eligible to receive both an Initial Restricted Stock Award and an Annual Restricted Stock Award (as defined below) in his or her initial year of service.
Each Outside Director will be automatically granted Restricted Stock having a Fair Market Value of forty thousand dollars ($40,000) (an “ Annual Restricted Stock Award ”) on each date of the annual meeting of the stockholders of the Company.( h ) Restricted Stock Terms.
For Ms. Porcella, fifty percent of the Annual Restricted Stock Award was subject to time-based vesting criteria, and the remaining fifty percent of the Annual Restricted Stock Award is subject to performance-based criteria.
Fifty percent of each Annual Restricted Stock Award is subject to time-based vesting criteria, and the remaining fifty percent of each Annual Restricted Stock Award is subject to performance-based criteria.