Accelerated Vesting. Notwithstanding the foregoing, the restrictions applicable to the Restricted Stock shall lapse and the Restricted Stock shall vest and become Vested Stock upon the occurrence of any of the following events:
Vesting. Notwithstanding the foregoing,Subject to [Sections 3 and 4]4] hereof, the restrictions applicable toon the Restricted Stock shall lapse and the Restricted Stock shall vest and become Vested Stock upon the occurrence of any ofon the following events:dates (collectively, the “Vesting Period”):
Vesting of Award Restricted Stock. The restrictions on the foregoing, the restrictions applicable to theAward Restricted Stock shall lapse (Award Restricted Stock with respect to which restrictions have lapsed being herein referred to as “Vested Shares”) and thesuch Award Restricted Stock shall vestbecome non-forfeitable and become Vested Stock upon100% vested on the occurrence of any(if any) of the following events:earliest of the dates set forth in [(a) through (d)] below:
AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.
And AllDrafts generates clean Word and PDF files from any draft.