Examples of Performance Vesting Restricted Stock in a sentence
Notwithstanding anything herein to the contrary, to the extent any Performance Vesting Restricted Stock has not otherwise vested prior to the Final Vesting Date, such Performance Vesting Restricted Stock will, subject to the Management Unitholder’s continued employment or service on the Final Vesting Date, vest in full on the Final Vesting Date.
Performance Vesting Restricted Stock Units The Company has awarded performance vesting units to certain of its executive officers under the 2019 Plan.
In the event that any shares of Performance Vesting Restricted Stock do not vest pursuant to any of Subsection A, B or C of this Section 4(b), then such Performance Vesting Restricted Stock shall be forfeited and cancelled as of such date.
Performance Vesting Restricted Stock shall vest to the extent provided in the award agreement granting such Performance-Vesting Restricted Stock.
In the event that any shares of Performance Vesting Restricted Stock do not vest pursuant to any of Subsection A, B or C of this Section 4(b), then such Performance Vesting Restricted Stock shall be forfeited and canceled as of such date.
The “First Tranche Amount” consisting of 8,276 shares and representing one-third of the Performance Vesting Restricted Stock, shall vest on February 28, 2005, pursuant to the satisfaction of performance based metric of operating cash flow of the Company as set forth in the Covanta 2004 Cash Bonus Plan.
The Company and Executive agree and acknowledge that the Performance Vesting Restricted Stock Award shall remain outstanding and eligible to vest in accordance with Sections (3) and (4) of the Restricted Stock Agreement as though Executive’s resignation constitutes a Qualifying Termination under the Restricted Stock Agreement.
Restricted Stock Awards may be granted as Time Vesting Restricted Stock Awards (as defined below) or Performance Vesting Restricted Stock Awards (as defined below).
The “First Tranche Amount” consisting of 2,528 shares and representing one-third of the Performance Vesting Restricted Stock, shall vest on February 28, 2005, pursuant to the satisfaction of performance based metric of operating cash flow of the Company as set forth in the Covanta 2004 Cash Bonus Plan.
The “First Tranche Amount” consisting of 2,873 shares and representing one-third of the Performance Vesting Restricted Stock, shall vest on February 28, 2005, pursuant to the satisfaction of performance based metric of operating cash flow of the Company as set forth in the Covanta 2004 Cash Bonus Plan.