Common use of Restrictions and Forfeiture Clause in Contracts

Restrictions and Forfeiture. The Restricted Stock is granted to the participant subject to the prohibitions on transfer set forth in Section 6 below, which shall lapse, if at all, upon the expiration of the Restriction Period as described in Section 7 below.

Appears in 3 contracts

Samples: Restricted Stock Award Agreement (Eplus Inc), Restricted Stock Award Agreement (Eplus Inc), Restricted Stock Award Agreement (Eplus Inc)

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Restrictions and Forfeiture. The Restricted Stock is granted to the participant Participant subject to the prohibitions on transfer set forth in Section 6 below, which shall lapse, if at all, upon the expiration of the Restriction Period as described in Section 7 below.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Eplus Inc), Restricted Stock Award Agreement (Eplus Inc)

Restrictions and Forfeiture. The Restricted Stock is granted to the participant Participant subject to the prohibitions on transfer set forth in Section 6 below, which shall lapse, if at all, upon the expiration of the Restriction Period as described in Section 7 below. 4.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Eplus Inc), Restricted Stock Award Agreement (Eplus Inc)

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Restrictions and Forfeiture. The Restricted Stock is granted issued to the participant subject to the prohibitions on transfer set forth in Section 6 below, which shall lapse, if at all, upon the expiration of the Restriction Period as described in Section 7 below. The Restricted Stock shall not be subject to forfeiture.

Appears in 1 contract

Samples: Restricted Stock Agreement (Eplus Inc)

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