Common use of Lapse of Restrictions Clause in Contracts

Lapse of Restrictions. The Restrictions shall lapse and have no further force or effect and Shares underlying the Units shall be settled upon the earlier of the following events (each, a “Delivery Date”):

Appears in 11 contracts

Samples: Restricted Stock Unit Agreement (AbbVie Inc.), Restricted Stock Unit Agreement (AbbVie Inc.), Restricted Stock Unit Agreement (AbbVie Inc.)

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Lapse of Restrictions. The Restrictions shall lapse and have no further force or effect and Shares underlying the Units shall be settled upon the earlier of the following events (each, a “Delivery Date”):): (a)

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (AbbVie Inc.)

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