RRP Sample Clauses

RRP. MFFC shall not award any of the UNAWARDED RRP SHARES to any of the RRP participants and shall cause the RRP Trustee to transfer all right, title and interest in and to the UNAWARDED RRP SHARES to MFFC immediately before the BFOH EFFECTIVE TIME. At the BFOH EFFECTIVE TIME, all of the UNVESTED RRP SHARES 36 37 shall vest and shall be exchanged for the BFOH MERGER CONSIDERATION, after which BFOH shall cause the RRP Trustee to distribute to RRP participants (a) the BFOH MERGER CONSIDERATION for which the UNVESTED RRP SHARES have been exchanged, (b) all dividends previously paid by MFFC on the UNVESTED RRP SHARES, together with interest earned thereon, and (c) fifty percent (50%) of all dividends previously paid by MFFC on the UNAWARDED RRP SHARES, together with interest earned thereon.
RRP. Delphos shall not grant any of the 19,846 unawarded stock awards to any of the Stock Plan participants and shall cause the Stock Plan trustee to transfer all right, title, interest in and to, including all dividends and interest earned thereon, previously paid by Delphos on the unawarded stock awards to Delphos immediately before the Effective Time. At the Effective Time, all of the unvested stock awards shall vest and be exchanged for the Merger Consideration, after which UBI shall cause the Stock Plan trustee to distribute to Stock Plan participants (a) the Merger Consideration for which the unvested Stock Plan participants have been exchanged and (b) all dividends previously paid by Delphos on the unvested stock awards, together with interest earned thereon.
RRP. The RRP and each RRP agreement issued thereunder outstanding --- on the date hereof and remaining outstanding immediately prior to the Effective Time shall, at the Effective Time, be assumed by FCN. Any shares of FCN Common Stock ("FCN Restricted Stock") to be issued pursuant to this Agreement in exchange for shares of BBI Common Stock that are subject to forfeiture restrictions ("Restricted Stock") under the RRP shall remain subject to the same forfeiture restrictions formerly applicable to the BBI Common Stock, an appropriate legend may be made on the certificates for FCN Restricted Stock issued in the exchange indicating the applicable restrictions and any related agreement(s) that apply to the vesting or forfeiture of such shares (and the FCN Restricted Stock shall otherwise be subject to the terms of the RRP) and the certificates for FCN Restricted Stock may be held in safekeeping by or on behalf of FCN pending expiration of the forfeiture restrictions.
RRP. All shares of Company Common Stock awarded pursuant to the RRP shall become fully vested and nonforfeitable prior to or at the Effective Time as provided in the RRP. Recipients of shares awarded pursuant to the RRP (including recipients who become vested in the RRP shares after the date of this Agreement, including at the Effective Time) shall be entitled to elect cash or Acquiror Common Stock in the same manner as the holders of Company Common Stock. No additional shares of Company Common Stock shall be granted after the date of this Agreement pursuant to the RRP. The RRP shall be terminated as soon as practicable after the Effective Time and all remaining unallocated shares held by the RRP, if any, shall be extinguished as of the Effective Time. All shares of Company Common Stock awarded, pursuant to the RRP shall be considered issued and outstanding shares at the Effective Time for all purposes and in particular for purposes of Article I of this Agreement.