Common use of Lapse of Restrictions; Restricted Period Clause in Contracts

Lapse of Restrictions; Restricted Period. The restrictions set forth above shall lapse and the Restricted Stock shall become freely transferable (provided, that such transfer is otherwise in accordance with federal and state securities laws) and non-forfeitable as set forth in this Section 2(b) and on Exhibit A.

Appears in 4 contracts

Samples: Performance Restricted Stock Agreement (Aimco Properties L.P.), Performance Restricted Stock Agreement (Aimco OP L.P.), Performance Restricted Stock Agreement (Aimco OP L.P.)

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Lapse of Restrictions; Restricted Period. The restrictions set forth above shall lapse and the Restricted Stock shall become freely transferable (provided, that such transfer is otherwise in accordance with federal and state securities laws) and non-forfeitable as set forth in this Section 2(b) and on Exhibit A.).

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Servotronics Inc /De/)

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Lapse of Restrictions; Restricted Period. The restrictions set forth above shall lapse and the Restricted Stock shall become freely transferable (provided, that such transfer is otherwise in accordance with federal and state securities laws) and non-forfeitable as set forth in this Section 2(b) and on Exhibit A.)

Appears in 1 contract

Samples: Performance Restricted Stock Agreement (Apartment Income REIT Corp.)

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