Lapse of Restrictions. Upon the vesting of some or all of the Restricted Stock as provided in the Vesting Schedule set forth on the first page of this Agreement, and subject to the conditions to issuance set forth in Article IV, if such Shares are certificated, the Company shall cause new certificates to be issued with respect to such vested Shares and delivered to the Employee or his legal representative, free from the legend provided for in Section 3.3.
Appears in 5 contracts
Samples: Grant and Award Agreement (Avalonbay Communities Inc), Restricted Stock Agreement (Avalonbay Communities Inc), Restricted Stock Agreement (Avalonbay Communities Inc)
Lapse of Restrictions. Upon the vesting of some or all of the Restricted Unvested Stock as provided in the Vesting Schedule set forth on the first page of this Agreement, and subject to the conditions to issuance set forth in Article IV, if such Shares are certificated, the Company shall cause new certificates to be issued with respect to such vested Shares and delivered to the Employee Director or his legal representative, free from the legend provided for in Section 3.3.
Appears in 4 contracts
Samples: Restricted Stock Agreement (Avalonbay Communities Inc), Restricted Stock Agreement (Avalonbay Communities Inc), Restricted Stock Agreement (Avalonbay Communities Inc)
Lapse of Restrictions. Upon the vesting of some or all of the Restricted Stock as provided in the Vesting Schedule set forth on the first page of this Agreement, and subject to the conditions to issuance set forth in Article IV, if such Shares are certificated, the Company shall cause new certificates to be issued with respect to such vested Shares and delivered to the Employee or his legal representative, free from the legend provided for in Section 3.33.3(a).
Appears in 3 contracts
Samples: Restricted Stock Agreement (Avalonbay Communities Inc), Avalonbay Communities Inc, Avalonbay Communities Inc
Lapse of Restrictions. Upon the vesting of some or all of the Restricted Stock as provided in the Vesting Schedule set forth on the first page of this Agreement, and subject to the conditions to issuance set forth in Article IV, if such Shares are certificated, the Company shall cause new certificates to be issued with respect to such vested Shares and delivered to the Employee Director or his legal representative, free from the legend provided for in Section 3.3.
Appears in 2 contracts
Samples: Restricted Stock Agreement (Avalonbay Communities Inc), Restricted Stock Agreement (Avalonbay Communities Inc)