Common use of Restrictions on Resale Clause in Contracts

Restrictions on Resale. By accepting the Units, Participant agrees not to sell any shares of Common Stock at a time when applicable laws, Company policies or an agreement between the Company and its underwriters prohibit a sale. This restriction will apply as long as Participant’s employment or contractual relationship with the Company continues and for such period of time after the termination of such employment or contractual relationship as the Company may specify.

Appears in 7 contracts

Samples: Restricted Stock Unit Agreement (Bsquare Corp /Wa), Performance Stock Unit Agreement (Bsquare Corp /Wa), Restricted Stock Unit Agreement (Bsquare Corp /Wa)

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Restrictions on Resale. By accepting the Units, Participant The Unit holder agrees not to sell any shares of Common Stock at a time when applicable laws, laws or Company policies or an agreement between the Company and its underwriters prohibit a sale. This restriction will apply as long as Participant’s employment the Unit holder is an employee, director or contractual relationship with affiliate of the Company continues and for such period of time after the termination of such employment or contractual relationship as the Company may specifyCompany.

Appears in 4 contracts

Samples: Performance Share Unit Award Agreement (Nordstrom Inc), Performance Share Unit Award Agreement (Nordstrom Inc), Share Unit Award Agreement (Nordstrom Inc)

Restrictions on Resale. By accepting the Units, Participant agrees not to sell any shares of Common Restricted Stock Unit Shares at a time when applicable lawsApplicable Laws, Company policies or an agreement between the Company and its underwriters prohibit a sale. This restriction will apply as long as Participant’s employment or contractual relationship with the Company status as a Service Provider continues and for such period of time after the termination of such employment or contractual relationship Participant’s status as a Service Provider as the Company may specify.

Appears in 4 contracts

Samples: Inducement Stock Option Agreement, Inducement Stock Option Agreement, Restricted Stock Unit Agreement

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Restrictions on Resale. By accepting the Units, The Participant agrees not to sell any shares of Common Shares that have been issued pursuant to the vested Common Stock at a time when applicable lawsApplicable Laws, Company policies Corporation policies, or an agreement between the Company Corporation and its underwriters prohibit a sale. This restriction will shall apply as long as Participant’s employment the Participant is a Consultant or contractual relationship with the Company continues Employee and for such period of time after the termination Participant's Termination of such employment or contractual relationship Service as the Company Administrator may specify.

Appears in 1 contract

Samples: Stock Award Agreement (FOCUS GOLD Corp)

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