Common use of Restriction on Transfer; Legend Clause in Contracts

Restriction on Transfer; Legend. Restricted Shares or any interest therein may not be directly or indirectly sold, transferred, pledged, hypothecated, or otherwise disposed of. The Restricted Share certificates shall bear the following legend: The shares represented by this certificate are subject to restrictions on transfer and may not be sold, exchanged, transferred, pledged, hypothecated or otherwise disposed of except in accordance with and subject to all of the terms and conditions of a Restricted Stock Award Agreement dated as of July 2, 2007, a copy of which the Company shall furnish to the holder of this certificate upon request and without charge. When the restrictions on any Shares lapse, the Corporation shall cause a replacement stock certificate for those Shares, without the legend referred to above, to be issued and delivered to Participant as soon as practicable.

Appears in 5 contracts

Samples: Restricted Stock Award Agreement (Ceco Environmental Corp), Restricted Stock Award Agreement (Ceco Environmental Corp), Restricted Stock Award Agreement (Ceco Environmental Corp)

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Restriction on Transfer; Legend. Restricted Shares or any interest therein may not be directly or indirectly sold, transferred, pledged, hypothecated, or otherwise disposed of. The Restricted Share certificates shall bear the following legend: The shares represented by this certificate are subject to restrictions on transfer and may not be sold, exchanged, transferred, pledged, hypothecated or otherwise disposed of except in accordance with and subject to all of the terms and conditions of a Restricted Stock Award Agreement dated as of July 2May 21, 20072008, a copy of which the Company shall furnish to the holder of this certificate upon request and without charge. When the restrictions on any Shares lapse, the Corporation shall cause a replacement stock certificate for those Shares, without the legend referred to above, to be issued and delivered to Participant as soon as practicable.

Appears in 4 contracts

Samples: Restricted Stock Award Agreement (Ceco Environmental Corp), Restricted Stock Award Agreement (Ceco Environmental Corp), Restricted Stock Award Agreement (Ceco Environmental Corp)

Restriction on Transfer; Legend. Restricted Shares or any interest therein may not be directly or indirectly sold, transferred, pledged, hypothecated, or otherwise disposed of. The Restricted Share certificates shall bear the following legend: The shares represented by this certificate are subject to restrictions on transfer and may not be sold, exchanged, transferred, pledged, hypothecated or otherwise disposed of except in accordance with and subject to all of the terms and conditions of a Restricted Stock Award Agreement dated as of July 2May 21, 20072009, a copy of which the Company shall furnish to the holder of this certificate upon request and without charge. When the restrictions on any Shares lapse, the Corporation shall cause a replacement stock certificate for those Shares, without the legend referred to above, to be issued and delivered to Participant as soon as practicable.

Appears in 3 contracts

Samples: Restricted Stock Award Agreement (Ceco Environmental Corp), Restricted Stock Award Agreement (Ceco Environmental Corp), Restricted Stock Award Agreement (Ceco Environmental Corp)

Restriction on Transfer; Legend. Restricted Shares or any interest therein may not be directly or indirectly sold, transferred, pledged, hypothecated, or otherwise disposed of. The Restricted Share certificates shall bear the following legend: The shares represented by this certificate are subject to restrictions on transfer and may not be sold, exchanged, transferred, pledged, hypothecated or otherwise disposed of except in accordance with and subject to all of the terms and conditions of a Restricted Stock Award Agreement dated as of July 2May 29, 20072008, a copy of which the Company shall furnish to the holder of this certificate upon request and without charge. When the restrictions on any Shares lapse, the Corporation shall cause a replacement stock certificate for those Shares, without the legend referred to above, to be issued and delivered to Participant as soon as practicable.

Appears in 3 contracts

Samples: Restricted Stock Award Agreement (Ceco Environmental Corp), Restricted Stock Award Agreement (Ceco Environmental Corp), Restricted Stock Award Agreement (Ceco Environmental Corp)

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Restriction on Transfer; Legend. Restricted Shares or any interest therein may not be directly or indirectly sold, transferred, pledged, hypothecated, or otherwise disposed of. The Restricted Share certificates shall bear the following legend: The shares represented by this certificate are subject to restrictions on transfer and may not be sold, exchanged, transferred, pledged, hypothecated or otherwise disposed of except in accordance with and subject to all of the terms and conditions of a Restricted Stock Award Agreement dated as of July 2June 5, 2007, a copy of which the Company shall furnish to the holder of this certificate upon request and without charge. When the restrictions on any Shares lapse, the Corporation shall cause a replacement stock certificate for those Shares, without the legend referred to above, to be issued and delivered to Participant as soon as practicable.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Ceco Environmental Corp), Restricted Stock Award Agreement (Ceco Environmental Corp)

Restriction on Transfer; Legend. Restricted Shares or any interest therein may not be directly or indirectly sold, transferred, pledged, hypothecated, or otherwise disposed of. The Restricted Share certificates shall bear the following legend: The shares represented by this certificate are subject to restrictions on transfer and may not be sold, exchanged, transferred, pledged, hypothecated or otherwise disposed of except in accordance with and subject to all of the terms and conditions of a Restricted Stock Award Agreement dated as of July 2, 2007, a copy of which the Company shall furnish to the holder of this certificate upon request and without charge. When the restrictions on any Shares lapse, the Corporation shall cause a replacement stock certificate for those Shares, without the legend referred to above, to be issued and delivered to Participant as soon as practicable.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Ceco Environmental Corp)

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