Common use of Approval by Shareholders Clause in Contracts

Approval by Shareholders. This Restricted Share Agreement and the issuance of any Shares under it are expressly subject to the approval of the Plan by the shareholders of the Company as provided for therein. The Restricted Share shall not in any event be vested in whole or in part prior to the date the Plan is approved by the shareholders of the Company as provided for therein. RESTRICTED SHARE AGREEMENT PAGE 5

Appears in 5 contracts

Samples: Employee Share Option and Restricted Share Plan Restricted Share Agreement (Colonial Properties Trust), Employee Share Option and Restricted Share Plan Restricted Share Agreement (Colonial Properties Trust), Employee Share Option and Restricted Share Plan Restricted Share Agreement (Colonial Properties Trust)

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Approval by Shareholders. This Restricted Share Agreement and the issuance of any Shares under it are expressly subject to the approval of the Plan by the shareholders of the Company as provided for therein. The Restricted Share shall not in any event be vested in whole or in part prior to the date the Plan is approved by the shareholders of the Company as provided for therein. RESTRICTED SHARE AGREEMENT PAGE 5.

Appears in 1 contract

Samples: Employee Share Option and Restricted Share Plan Restricted Share Agreement (Colonial Properties Trust)

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