Common use of Restrictive Legends and Stop Transfer Orders Clause in Contracts

Restrictive Legends and Stop Transfer Orders. (a) The book entry or certificate representing the Restricted Shares may, at the Committee’s discretion, contain a notation or bear the following legend (as well as any notations or legends required by applicable state and federal corporate and securities laws) noting the existence of the restrictions and the Company’s rights to reacquire the Restricted Shares set forth in this Agreement: “THE SHARES REPRESENTED BY THIS [BOOK ENTRY] [CERTIFICATE] MAY BE TRANSFERRED ONLY IN ACCORDANCE WITH THE TERMS OF A RESTRICTED STOCK AGREEMENT BETWEEN THE COMPANY AND THE SHAREHOLDER, A COPY OF WHICH IS ON FILE WITH THE SECRETARY OF THE COMPANY.”

Appears in 10 contracts

Samples: Restricted Stock Agreement (Life Time Fitness, Inc.), Restricted Stock Agreement (Life Time Fitness, Inc.), Restricted Stock Agreement (Life Time Fitness, Inc.)

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Restrictive Legends and Stop Transfer Orders. (a) The book entry or certificate representing the Restricted Shares may, at the Committee’s discretion, shall contain a notation or bear the following legend (as well as any notations or legends required by applicable state and federal corporate and securities laws) noting the existence of the restrictions and the Company’s rights to reacquire the Restricted Shares set forth in this Agreement: “THE SHARES REPRESENTED BY THIS [BOOK ENTRY] [CERTIFICATE] MAY BE TRANSFERRED ONLY IN ACCORDANCE WITH THE TERMS OF A RESTRICTED STOCK AGREEMENT BETWEEN THE COMPANY AND THE SHAREHOLDER, A COPY OF WHICH IS ON FILE WITH THE SECRETARY OF THE COMPANY.”

Appears in 9 contracts

Samples: Restricted Stock Agreement (Life Time Fitness, Inc.), Restricted Stock Agreement (Life Time Fitness, Inc.), Restricted Stock Agreement (Life Time Fitness, Inc.)

Restrictive Legends and Stop Transfer Orders. (a) 6.1 The book entry or certificate representing the Restricted Shares may, at the Committee’s discretion, shall contain a notation or bear the following legend (as well as any notations or legends required by applicable state and federal corporate and securities laws) noting the existence of the restrictions and the Company’s rights to reacquire the Restricted Shares set forth in this Agreement: “THE SHARES REPRESENTED BY THIS [BOOK ENTRY] [CERTIFICATE] MAY BE TRANSFERRED ONLY IN ACCORDANCE WITH THE TERMS OF A RESTRICTED STOCK AGREEMENT BETWEEN THE COMPANY AND THE SHAREHOLDER, A COPY OF WHICH IS ON FILE WITH THE SECRETARY OF THE COMPANY.”

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Nautilus, Inc.)

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Restrictive Legends and Stop Transfer Orders. (a) The book entry or certificate representing the Restricted Shares may, at the Committee’s discretion, shall contain a notation or bear the following legend (as well as any notations or legends required by applicable state and federal -2 of 4- corporate and securities laws) noting the existence of the restrictions and the Company’s rights to reacquire the Restricted Shares set forth in this Agreement: “THE SHARES REPRESENTED BY THIS [BOOK ENTRY] [CERTIFICATE] MAY BE TRANSFERRED ONLY IN ACCORDANCE WITH THE TERMS OF A RESTRICTED STOCK AGREEMENT BETWEEN THE COMPANY AND THE SHAREHOLDER, A COPY OF WHICH IS ON FILE WITH THE SECRETARY OF THE COMPANY.”

Appears in 1 contract

Samples: Restricted Stock Agreement (Life Time Fitness, Inc.)

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