Vesting of Restricted Stock Clause Example with 29 Variations from Business Contracts

This page contains Vesting of Restricted Stock clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Vesting of Restricted Stock. The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the vesting date or dates specified in the following schedule so long as the Participant remains an employee of the Company or a Subsidiary on such dates. If a series of vesting dates is specified, then the restrictions and conditions in Paragraph 2 shall lapse only with respect to the number of shares of Restricted Stock specified as vested on such date. Numberof Shares Vested Vesting Date Subsequent to such vesting... date or dates, the shares of Stock on which all restrictions and conditions have lapsed shall no longer be deemed Restricted Stock. The Administrator may at any time accelerate the vesting schedule specified in this Paragraph 3. View More
Found in Codiak BioSciences, Inc. contract

Variations of a "Vesting of Restricted Stock" Clause from Business Contracts

Vesting of Restricted Stock. The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the vesting date Vesting Date or dates Dates specified in the following schedule so long as the Participant Grantee remains an [an employee of the Company or a Subsidiary Subsidiary/in service as a member of the Board]1 on such dates. Dates. If a series of vesting dates Vesting Dates is specified, then the restrictions and conditions in Paragraph 2 shall lapse only with respect to the number of shares of Restricted S...tock specified as vested on such date. Numberof 1 NTD: For employees, vesting to be contingent on continued employment. For directors, vesting to be contingent on continued service as a member of the Board . Incremental Number of Shares Vested Vesting Date ( %) ( %) ( %) ( %) ( %) Subsequent to such vesting date Vesting Date or dates, Dates, the shares of Stock on which all restrictions and conditions have lapsed shall no longer be deemed Restricted Stock. [Notwithstanding anything to the contrary herein or in the Plan, all outstanding shares of Restricted Stock shall become fully vested upon a Sale Event. ]2 The Administrator may at any time accelerate the vesting schedule specified in this Paragraph 3. View More
Found in Kymera Therapeutics, Inc. contract
Vesting of Restricted Stock. The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the vesting date Vesting Date or dates Dates specified in the following schedule so long as the Participant Grantee remains an employee in service as a member of the Company or a Subsidiary Board on such dates. Dates. If a series of vesting dates Vesting Dates is specified, then the restrictions and conditions in Paragraph 2 shall lapse only with respect to the number of shares of Restricted Stock specified as vested... on such date. Numberof Incremental Number of Shares Vested Vesting Date ( )% ( )% ( )% ( )% ( )% Subsequent to such vesting date Vesting Date or dates, Dates, the shares of Stock on which all restrictions and conditions have lapsed shall no longer be deemed Restricted Stock. The Administrator may at any time accelerate the vesting schedule specified in this Paragraph 3. View More
Found in Neos Therapeutics, Inc. contract
Vesting of Restricted Stock. The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the vesting date Vesting Date or dates Dates specified in the following schedule so long as the Participant Grantee remains an employee in continued service of the Company or a Subsidiary on such dates. Dates. If a series of vesting dates Vesting Dates is specified, then the restrictions and conditions in Paragraph 2 shall lapse only with respect to the number of shares of Restricted Stock specified as vested on such... date. Numberof Incremental Number of Shares Vested Vesting Date ( )% ( )% ( )% ( )% ( )% Subsequent to such vesting date Vesting Date or dates, Dates, the shares of Stock on which all restrictions and conditions have lapsed shall no longer be deemed Restricted Stock. The Administrator may at any time accelerate the vesting schedule specified in this Paragraph 3. View More
Found in 2 Contracts from Axcella Health Inc.
Vesting of Restricted Stock. The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the vesting date Vesting Date or dates Dates specified in the following schedule so long as the Participant Grantee remains an employee employee(1) of the Company or a Subsidiary on such dates. Dates. If a series of vesting dates Vesting Dates is specified, then the restrictions and conditions in Paragraph 2 shall lapse only with respect to the number of shares of Restricted Stock specified as vested on such date. Nu...mberof Incremental Number of Shares Vested Vesting Date ( )% ( )% ( )% ( )% ( )% Subsequent to such vesting date Vesting Date or dates, Dates, the shares of Stock on which all restrictions and conditions have lapsed shall no longer be deemed Restricted Stock. The Administrator may at any time accelerate the vesting schedule specified in this Paragraph 3. View More
Found in Rubius Therapeutics, Inc. contract
Vesting of Restricted Stock. The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the vesting date Vesting Date or dates Dates specified in the following schedule so long as the Participant Grantee remains an employee of the Company or a Subsidiary on such dates. Dates. If a series of vesting dates Vesting Dates is specified, then the restrictions and conditions in Paragraph 2 shall lapse only with respect to the number of shares of Restricted Stock specified as vested on such date. Numberof Incre...mental Number of Shares Vested Vesting Date ( )% ( )% ( )% ( )% ( )% Subsequent to such vesting date Vesting Date or dates, Dates, the shares of Stock on which all restrictions and conditions have lapsed shall no longer be deemed Restricted Stock. The Administrator may at any time accelerate the vesting schedule specified in this Paragraph 3. View More
Found in 3 Contracts from 3 Companies
Vesting of Restricted Stock. The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the vesting date Vesting Date or dates Dates specified in the following schedule so long as the Participant Grantee remains an employee of the Company or a Subsidiary on such dates. Dates. If a series of vesting dates Vesting Dates is specified, then the restrictions and conditions in Paragraph 2 shall lapse only with respect to the number of shares of Restricted Stock specified as vested on such date. Numberof Incre...mental Number of Shares Vested Vesting Date (___%) (___%) (___%) (___%) (___%) Subsequent to such vesting date Vesting Date or dates, Dates, the shares of Stock on which all restrictions and conditions have lapsed shall no longer be deemed Restricted Stock. The Administrator may at any time accelerate the vesting schedule specified in this Paragraph 3. View More
Found in Unum Therapeutics Inc. contract
Vesting of Restricted Stock. The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the vesting date or dates date(s) specified in the following schedule so long as the Participant Grantee remains an employee of the Company or a Subsidiary on such dates. date(s). If a series of vesting dates is specified, then the restrictions and conditions in Paragraph 2 shall lapse only with respect to the number of shares of Restricted Stock specified as vested on such date. Numberof Shares Vested Vesting Date (... %) ( %) ( %) ( %) ( %) Subsequent to such vesting date or dates, date(s), the shares of Stock on which all restrictions and conditions have lapsed shall no longer be deemed Restricted Stock. The Administrator Committee may at any time accelerate the vesting schedule specified in this Paragraph 3. View More
Found in 2 Contracts from Monotype Imaging Holdings Inc.
Vesting of Restricted Stock. The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the vesting date Vesting Date or dates Dates specified in the following schedule so long as the Participant Grantee remains an employee of the Company or in a Subsidiary Service Relationship on such dates. Vesting Dates. If a series of vesting dates Vesting Dates is specified, then the restrictions and conditions in Paragraph 2 shall lapse only with respect to the number of shares of Restricted Stock specified as ves...ted on such date. Incremental Numberof Shares Vested Vesting Date ( %) ( %) ( %) ( %) 39 Subsequent to such vesting date Vesting Date or dates, Dates, the shares of Stock on which all restrictions and conditions have lapsed shall no longer be deemed Restricted Stock. [Notwithstanding anything to the contrary herein or in the Plan, all outstanding shares of Restricted Stock shall become fully vested upon a Sale Event; provided that the Grantee remains in a Service Relationship through the consummation of the Sale Event. ]1 The Administrator may at any time accelerate the vesting schedule specified in this Paragraph 3. View More
Found in Vigil Neuroscience, Inc. contract
Vesting of Restricted Stock. The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the vesting date Vesting Date or dates Dates specified in the following schedule so long as the Participant Grantee remains an employee of the Company or in a Subsidiary Service Relationship on such dates. Vesting Dates. If a series of vesting dates Vesting Dates is specified, then the restrictions and conditions in Paragraph 2 shall lapse only with respect to the number of shares of Restricted Stock specified as ves...ted on such date. Numberof Incremental Number of Shares Vested Vesting Date VestingDate (___%) (___%) (___%) (___%) Subsequent to such vesting date Vesting Date or dates, Dates, the shares of Stock on which all restrictions and conditions have lapsed shall no longer be deemed Restricted Stock. [Notwithstanding anything to the contrary herein or in the Plan, all outstanding shares of Restricted Stock shall become fully vested upon a Sale Event. ]1 The Administrator may at any time accelerate the vesting schedule specified in this Paragraph 3. View More
Found in Project Angel Parent, LLC contract
Vesting of Restricted Stock. The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the vesting date or dates date(s) specified in the following schedule so long as the Participant Grantee remains an employee a Director of the Company or a Subsidiary on such dates. date(s). If a series of vesting dates is specified, then the restrictions and conditions in Paragraph 2 shall lapse only with respect to the number of shares of Restricted Stock specified as vested on such date. Numberof Shares Vested Ves...ting Date ( %) ( %) ( %) ( %) Subsequent to such vesting date or dates, date(s), the shares of Stock on which all restrictions and conditions have lapsed shall no longer be deemed Restricted Stock. The Administrator Committee may at any time accelerate the vesting schedule specified in this Paragraph 3. Notwithstanding the foregoing, all restrictions and conditions of Paragraph 2 shall lapse, and all Shares of Restricted Stock shall become fully vested, upon the consummation of a Sale Event as defined in the Plan. View More
Found in Monotype Imaging Holdings Inc. contract