Common use of Registration of Restricted Shares Clause in Contracts

Registration of Restricted Shares. The Secretary of LNC will register Restricted Shares in the name of Grantee, to be held in book entry form by the LNC’s transfer agent until such time as the restrictions lapse or until the Restricted Shares are canceled or forfeited. The transfer of these Restricted Shares is restricted under the terms of this Agreement (as described in Paragraph 2 above).

Appears in 4 contracts

Samples: Restricted Stock Award Agreement (Lincoln National Corp), Restricted Stock Award Agreement (Lincoln National Corp), Restricted Stock Award Agreement (Lincoln National Corp)

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