Common use of Stock Holding Requirements Clause in Contracts

Stock Holding Requirements. Notwithstanding any other provision of this Agreement, the Shares that may be acquired by the Participant in respect of the RSUs may not be sold, transferred or otherwise disposed of until the level of ownership provided in the Company’s Stock Ownership Guidelines is met, to the extent applicable to the Participant. All Shares acquired hereunder (“net” any Shares deducted for withholding) shall be subject to the terms and conditions of the Company’s Stock Ownership Guidelines, as they may be amended from time to time.

Appears in 3 contracts

Samples: Restricted Stock Unit Agreement (Mimedx Group, Inc.), Restricted Stock Unit Agreement (Mimedx Group, Inc.), Restricted Stock Unit Agreement (Mimedx Group, Inc.)

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Stock Holding Requirements. Notwithstanding any other provision of this Agreement, the Shares that may be acquired by the Participant in respect of the RSUs may not be sold, transferred or otherwise disposed of until the level of ownership provided in the Company’s Stock Ownership Guidelines is met, to the extent applicable to the Participant. All Shares acquired hereunder (“net” any Shares deducted for withholding) shall be subject to the terms and conditions of the Company’s Stock Ownership Guidelines, as they may be amended from time to time.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Mimedx Group, Inc.)

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