Restrictions and Rights. (a) During the Restriction Period, the Restricted Stock is subject to forfeiture in the event that the Participant attempts to sell, transfer, assign or pledge the Restricted Shares (the "Restrictions") or the Participant violates one of the covenants contained in Section 6 of this Agreement. Except as provided under Section 5 of this Agreement, the Restrictions on the Restricted Stock shall automatically lapse:
Appears in 8 contracts
Samples: Restricted Stock Agreement (Huttig Building Products Inc), Restricted Stock Agreement (Huttig Building Products Inc), Restricted Stock Agreement (Huttig Building Products Inc)
Restrictions and Rights. (a) During the Restriction Period, the Restricted Stock is subject to forfeiture in the event that the Participant attempts to sell, transfer, assign or pledge the Restricted Shares (the "“Restrictions"”) or the Participant violates one of the covenants contained in Section 6 of this Agreement. Except as provided under Section 5 of this Agreement, the Restrictions on the Restricted Stock shall automatically lapse:
Appears in 3 contracts
Samples: Restricted Stock Agreement (Huttig Building Products Inc), Restricted Stock Agreement (Huttig Building Products Inc), Restricted Stock Agreement (Huttig Building Products Inc)
Restrictions and Rights. (a) During the Restriction Period, the Restricted Stock is subject to forfeiture in the event that the Participant attempts to sell, transfer, assign or pledge the Restricted Shares Stock (the "“Restrictions"”) or the Participant violates one of the covenants contained in Section 6 of this Agreement. Except as provided under Section 5 of this Agreement, the Restrictions on the Restricted Stock shall automatically lapse:
Appears in 1 contract
Samples: Restricted Stock Agreement (Huttig Building Products Inc)
