Examples of Restriction Period in a sentence
Any such Risk of Forfeiture may be waived or terminated, or the Restriction Period shortened, at any time by the Committee on such basis as it deems appropriate.
If a Change in Control occurs that results in termination of employment during the Performance Period, all outstanding Performance-Based RSUs will immediately vest at the Target Performance level and Xxxx shall deliver any shares of Stock with respect to the RSUs to the recipient as explained in Section 3 as if the Restriction Period has ended.
The Company has the option, in its sole discretion, to waive (but only in writing) all or any portion of the Restriction Period or to limit the definition of Competitor.
Each Restricted Stock Unit shall entitle the recipient to a share of Stock at a close of such Restriction Period as the Committee may establish and subject to a Risk of Forfeiture arising on the basis of such conditions relating to the performance of services, Company or Affiliate performance or otherwise as the Committee may determine and provide for in the applicable Award Agreement.
The Restriction Period shall continue upon the effective date of any such judicial settlement or other resolution.