Common use of Representations and Warranties of Participant Clause in Contracts

Representations and Warranties of Participant. The following provision supplements Section 10 of the main body of the Agreement: Any shares of Stock received at vesting are accepted by the Participant as a personal investment. In the event that the Restricted Stock Units vest and shares of Stock are issued to the Participant (or the Participant's heirs) within six months of the date of grant, the Participant (or the Participant's heirs) agrees that the shares will not be offered to the public or otherwise disposed of prior to the six-month anniversary of the date of grant.

Appears in 8 contracts

Samples: Restricted Stock Unit Award Agreement (Alliance Data Systems Corp), Restricted Stock Unit Award Agreement (Alliance Data Systems Corp), Restricted Stock Unit Award Agreement (Alliance Data Systems Corp)

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Representations and Warranties of Participant. The following provision supplements Section 10 of the main body of the Agreement: Any shares of Stock received at vesting are accepted by the Participant as a personal investment. In the event that the Restricted Stock Units vest and shares of Stock are issued to the Participant (or the Participant's heirs) within six months of the date of grant, the Participant (or the Participant's heirs) agrees that the shares will not be offered to the public or otherwise disposed of prior to the six-month anniversary of the date of grant.

Appears in 6 contracts

Samples: Restricted Stock Unit Award Agreement (Alliance Data Systems Corp), Restricted Stock Unit Award Agreement (Alliance Data Systems Corp), Restricted Stock Unit Award Agreement (Alliance Data Systems Corp)

Representations and Warranties of Participant. The following provision supplements Section 10 of the main body of the Agreement: Any shares of Stock received at vesting are accepted by the Participant as a personal investment. In the event that the Restricted Stock Units vest an Award vests in whole or in part and shares of Stock are issued to the Participant (or the Participant's ’s heirs) within six months of the date of grant, the Participant (or the Participant's ’s heirs) agrees that the shares of Stock will not be offered to the public or otherwise disposed of prior to the six-month anniversary of the date of grant.

Appears in 4 contracts

Samples: Omnibus Incentive Plan (Loyalty Ventures Inc.), Restricted Stock Unit Award Agreement (Loyalty Ventures Inc.), Non Employee Director Restricted Stock Unit Award Agreement (Alliance Data Systems Corp)

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Representations and Warranties of Participant. The following provision supplements Section 10 of the main body of the Agreement: Any shares of Stock received at vesting are accepted by the Participant as a personal investment. In the event that the Restricted Stock Units vest an Award vests, in whole or in part, and shares of Stock are issued to the Participant (or the Participant's ’s heirs) within six months of the date of grant, the Participant (or the Participant's ’s heirs) agrees that the shares of Stock will not be offered to the public or otherwise disposed of prior to the six-month anniversary of the date of grant.

Appears in 1 contract

Samples: Omnibus Incentive Plan (Loyalty Ventures Inc.)

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