PURCHASERS OR TRANSFEREES OF RESTRICTED STOCK Sample Clauses

PURCHASERS OR TRANSFEREES OF RESTRICTED STOCK. Except as otherwise specifically provided herein, any Permitted Transferee or other Person who shall acquire (either voluntarily or involuntarily, by operation of law or otherwise) any shares of Restricted Stock shall be bound by all the terms and conditions of this Agreement to the same extent as the parties hereto and, prior to registration of the transfer of any such securities on the books of the Company, any purchaser or other transferee shall execute an agreement with the parties hereto agreeing to be bound hereby.
Sample 1
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PURCHASERS OR TRANSFEREES OF RESTRICTED STOCK. Except as otherwise --------------------------------------------- specifically provided herein, any Permitted Transferee or other person who shall acquire (either voluntarily or involuntarily, by operation of law or otherwise) any shares of Restricted Stock shall be bound by all the terms and conditions of this Agreement to the same extent as the parties hereto and, prior to registration of the transfer of any such securities on the books of the Company, any purchaser or other transferee shall execute an agreement with the parties hereto agreeing to be bound hereby.
Sample 1
PURCHASERS OR TRANSFEREES OF RESTRICTED STOCK. Notwithstanding any Transfer of Common Stock (including any Transfer pursuant to Section 1.1(b)), all Stock shall remain subject to this Agreement and any person who shall acquire (either voluntarily or involuntarily, by operation of law or otherwise) any shares of Stock shall be bound by all of the terms and conditions of this Agreement and deemed a Stockholder to the same extent as the transferor and, prior to registration of the transfer of any such securities on the books of the Company, any purchaser or other transferee shall execute an Adoption Agreement substantially in the form of Exhibit D attached to this Agreement. Notwithstanding the failure of any such person to execute such Adoption Agreement, by acceptance of the certificate for Stock, such person shall take the securities subject to this Agreement and shall be bound by this Agreement.
Sample 1

Related to PURCHASERS OR TRANSFEREES OF RESTRICTED STOCK

  • Grant of Restricted Shares (a) The Company hereby grants to the Grantee an award (the “Award”) of shares of Common Stock of the Company (the “Shares” or the “Restricted Shares”) on the terms and conditions set forth in this Agreement and as otherwise provided in the Plan.

  • Grant of Restricted Share Units Subject to all of the terms and conditions of this Award Agreement and the Plan, the Company hereby grants to the Participant [ ] Class A restricted share units (the “RSUs”).

  • Non-Transferability of Restricted Stock The Restricted Stock and this Restricted Stock Agreement shall not be transferable.

  • Issuance of Restricted Shares (a) The Restricted Shares are issued to the Recipient, effective as of the Grant Date (as set forth on the cover page of this Agreement), in consideration of employment services rendered and to be rendered by the Recipient to the Company.

  • Restricted Share Units Restricted Share Units means Restricted Share Units granted to Participant under the Plan subject to such terms and conditions as the Committee may determine at the time of issuance.

  • Restricted Shares Employee hereby accepts the Restricted Shares when issued and agrees with respect thereto as follows:

  • Vesting of Restricted Shares The Restricted Shares are subject to forfeiture to the Company until they become nonforfeitable in accordance with this Section 2. While subject to forfeiture, the Restricted Shares may not be sold, pledged, assigned, otherwise encumbered or transferred in any manner, whether voluntarily or involuntarily by the operation of law.

  • Forfeiture of Restricted Shares Subject to Section 4(b), if your Service to the Company or any Affiliate terminates before all of the Restricted Shares have vested, or if you attempt to transfer Restricted Shares in a manner contrary to the transfer restrictions, you will immediately forfeit all unvested Restricted Shares. Any Restricted Shares that are forfeited shall be returned to the Company for cancellation.

  • Award of Restricted Shares The Committee hereby awards to the Awardee [insert # of shares] Restricted Shares. All such Restricted Shares shall be subject to the restrictions and forfeiture provisions contained in Sections 4, 5 and 6, such restrictions and forfeiture provisions to become effective immediately upon execution of this Agreement by the parties hereto.

  • Escrow of Restricted Shares The Company shall evidence the Restricted Shares in the manner that it deems appropriate. The Company may issue in your name a certificate or certificates representing the Restricted Shares and retain such certificate(s) until the restrictions on such Restricted Shares expire as described in Section 5 or 6 of this Agreement or the Restricted Shares are forfeited as described in Section 4 and 6 of this Agreement. If the Company certificates the Restricted Shares, you shall execute one or more stock powers in blank for those certificates and deliver those stock powers to the Company. The Company shall hold the Restricted Shares and the related stock powers pursuant to the terms of this Agreement, if applicable, until such time as (a) a certificate or certificates for the Restricted Shares are delivered to you, (b) the Restricted Shares are otherwise transferred to you free of restrictions, or (c) the Restricted Shares are canceled and forfeited pursuant to this Agreement.

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