Restricted Stock definition

Restricted Stock means shares of Common Stock acquired pursuant to a grant of a Stock Purchase Right under Section 11 below.
Restricted Stock means any Share granted under Section 6(c) of the Plan.

Examples of Restricted Stock in a sentence

  • The Grantee shall (as a condition of the lapse of vesting restrictions set forth in this Award Agreement and the Plan or removal of any legend restricting the transferability of the shares of Restricted Stock pursuant to this Award Agreement) enter into such additional confidentiality, covenant not to compete, non-disparagement and non-solicitation, employee retention, and other agreements as the Company deems appropriate, all in a form acceptable to the Board.

  • This Award Agreement and the Restricted Stock granted hereunder shall be subject to the terms and conditions of the Company’s compensation recovery (or “clawback”) policy, as applicable and in effect from time to time, and such policy is hereby incorporated into this Award Agreement by reference.

  • Subject to any exceptions set forth in this Award Agreement or the Plan, during the Period of Restriction, the Restricted Stock or the rights relating thereto may not be assigned, alienated, pledged, attached, sold or otherwise transferred or encumbered by the Grantee.

  • The Grantee may, at the Grantee’s option, make an election under Code Section 83(b) (a “Section 83(b) Election”) with respect to the Restricted Stock.

  • The shares of Restricted Stock may include one or more legends that reference or describe the conditions upon exercise referenced in this Section 12.


More Definitions of Restricted Stock

Restricted Stock means any Share issued with the restriction that the holder may not sell, transfer, pledge or assign such Share and with such risks of forfeiture and other restrictions as the Committee, in its sole discretion, may impose (including any restriction on the right to vote such Share and the right to receive any dividends), which restrictions may lapse separately or in combination at such time or times, in installments or otherwise, as the Committee may deem appropriate.
Restricted Stock means an Award granted to a Participant pursuant to Article 8.
Restricted Stock means shares of Common Stock acquired pursuant to a grant of Stock Purchase Rights under Section 11 of the Plan.
Restricted Stock means Stock granted to a Participant under Section 6(d) hereof, that is subject to certain restrictions and to a risk of forfeiture.
Restricted Stock means Common Stock awarded under Article 8 that is subject to certain restrictions and may be subject to risk of forfeiture or repurchase.