Common use of Transfer Requirements Clause in Contracts

Transfer Requirements. The Participant agrees that, to ensure compliance with the restrictions imposed by this Agreement and the Plan, (i) the Board may impose administrative requirements relating to the transfer of any shares of Common Stock issued and/or deliverable hereunder, and (ii) as and when applicable, the Company may issue appropriate “stop-transfer” instructions to its transfer agent, if any, and if the Company administers transfers of its own securities, it may make appropriate notations to the same effect in its own records.

Appears in 4 contracts

Samples: Form of Performance Stock Unit Award Agreement (Nextracker Inc.), Restricted Stock Unit Award Agreement (Nextracker Inc.), Restricted Stock Unit Award Agreement – Director Award (Nextracker Inc.)

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Transfer Requirements. The Participant agrees that, to ensure compliance with the restrictions imposed by this Agreement and the Plan, (i) the Board may impose administrative requirements relating to the transfer of any shares of Common Stock issued and/or deliverable delivered hereunder, and (ii) as and when applicable, the Company may issue appropriate “stop-transfer” instructions to its transfer agent, if any, and if the Company administers transfers of its own securities, it may make appropriate notations to the same effect in its own records.

Appears in 1 contract

Samples: Stock Option Award Agreement (Nextracker Inc.)

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