Lapse of Restrictions. Upon the Vesting of Restricted Shares, the Recipient shall own the Shares free and clear of all restrictions imposed by this Agreement and the Recipient shall be free to hold or dispose of such Shares in his discretion, subject to applicable federal and state law or regulations.
Appears in 43 contracts
Samples: Performance Award Agreement (Mack Cali Realty L P), Agreement (Mack Cali Realty L P), Agreement (Mack Cali Realty L P)
Lapse of Restrictions. Upon the Vesting of Restricted Shares, the Recipient shall own the Shares free and clear and, subject to the provisions of all restrictions imposed by this Agreement and subparagraph (e) below, the Recipient shall be free to hold or dispose of such Shares in his discretion, subject to applicable federal and state law or regulations.
Appears in 5 contracts
Samples: Restricted Share Award Agreement (Mack Cali Realty Corp), Agreement (Mack Cali Realty Corp), Restricted Share Award Agreement (Mack Cali Realty Corp)
Lapse of Restrictions. Upon the Vesting of Restricted Shares, the Recipient shall own the Shares shares free and clear of all restrictions imposed by this Agreement and the Recipient shall be free to hold or dispose of such Shares shares in his her discretion, subject to applicable federal and state law or regulations.
Appears in 1 contract
Samples: Restricted Share Award Agreement (Mack Cali Realty L P)
