Lapse of Restrictions Generally. Except as provided in Sections 4 and 5 hereof, 100% of the number of shares of Restricted Stock issued hereunder shall vest, and the restrictions with respect to such Restricted Stock shall lapse, on the fifth (5th) anniversary of the Grant Date, subject to the Grantee’s continued employment.
Appears in 1 contract
Sources: Restricted Stock Award Agreement (South Texas Supply Company, Inc.)
Lapse of Restrictions Generally. Except as provided in Sections 4 4, 5 and 5 6 hereof, one hundred percent (100% %) of the number of shares Shares of Restricted Stock issued hereunder shall vest, and the restrictions with respect to such Restricted Stock shall lapse, on the fifth (5th) first anniversary of the Grant Date, subject to the Grantee’s continued employment.
Appears in 1 contract
Sources: Restricted Stock Award Agreement (Quorum Health Corp)
Lapse of Restrictions Generally. Except as provided in Sections 4 and 5 hereof, 100% of the number of shares of Restricted Stock issued hereunder shall vest, and the restrictions with respect to such Restricted Stock shall lapse, on the fifth (5th) anniversary of the Grant Date, subject to the Grantee’s continued employmentservice.
Appears in 1 contract
Sources: Restricted Stock Award Agreement (South Texas Supply Company, Inc.)
Lapse of Restrictions Generally. Except as provided in Sections 4 and 5 hereof, 10025% of the number of shares of Restricted Stock issued hereunder shall vest, and the restrictions with respect to such Restricted Stock shall lapse, on each of the second (2nd), third (3rd), fourth (4th) and fifth (5th) anniversary anniversaries of the Grant Datedate of grant, subject to the Grantee’s continued employment.
Appears in 1 contract
Sources: Restricted Stock Award Agreement (McJunkin Red Man Holding Corp)
Lapse of Restrictions Generally. Except as provided in Sections 4 4, 5 and 5 6 hereof, 100% all of the number of shares of Restricted Stock issued hereunder (rounded down to the nearest whole share, if necessary) shall vest, and the restrictions with respect to such Restricted Stock shall lapse, on the fifth (5th) first anniversary of the Grant Date, subject to the Grantee’s continued employmentDate of Grant.
Appears in 1 contract
Sources: Restricted Stock Award Agreement (Healthier Choices Management Corp.)
Lapse of Restrictions Generally. Except as provided in Sections 4 4, 5 and 5 6 hereof, one hundred percent (100% %) of the number of shares Shares of Restricted Stock issued hereunder shall vest, and the restrictions with respect to such Restricted Stock shall lapse, on the fifth (5th) first anniversary of the Grant Date, subject to the Grantee’s continued employmentDate of Grant.
Appears in 1 contract
Sources: Director Restricted Stock Award Agreement (Quorum Health Corp)