Time Vesting Requirement. The “Time Vesting Requirement” means the time-based vesting Restrictions for the Restricted Shares during the Restricted Period. The time-based Restrictions on the Restricted Shares shall lapse and the vesting date shall occur as to:
Appears in 2 contracts
Sources: Restricted Stock Award Agreement (Approach Resources Inc), Restricted Stock Award Agreement (Approach Resources Inc)
Time Vesting Requirement. The “Time Vesting Requirement” means the time-based vesting Restrictions for the Restricted Shares Performance Units during the Restricted Performance Period. The Provided the Committee certifies that the Performance Vesting Requirement has been satisfied, the time-based Restrictions on the Restricted Shares Performance Units shall lapse and the vesting date Performance Units shall occur become vested as to:
Appears in 2 contracts
Sources: Cash Settled Performance Share Unit Award Agreement (Approach Resources Inc), Cash Settled Performance Share Unit Award Agreement (Approach Resources Inc)