Examples of Restricted Common Share in a sentence
The time-vested restricted common share awards are described in the section captioned “Executive Compensation — Compensation Discussion and Analysis — Elements of Compensation — Annual Time-Vested Restricted Common Share Awards” in this information statement.
For additional information about these equity awards, see the discussion in the sections captioned “Executive Compensation — Compensation Discussion and Analysis — Elements of Compensation — Stock Options”, “— Long-Term Performance Awards – General”, “— Long-Term Performance Share Awards”, “— Annual Restricted Common Share Awards to Executives” and “— Special Performance-Based/Time-Vested Restricted Common Share Awards” in this information statement.
Each certificate, if any, evidencing such Restricted Common Share issued upon such Transfer shall bear the restrictive legend set forth in Section 9.1(a), and each Warrant issued upon such Transfer shall bear the restrictive legend set forth in Section 9.1(b), unless in the opinion of counsel to such holder that is reasonably acceptable to the Company such legend is not required in order to ensure compliance with the Securities Act.
Each certificate representing Restricted Common Shares shall bear the following legend until the lapse of the Period of Restriction with respect to the shares represented by such certificate: Transfer of this certificate and the shares represented hereby is restricted pursuant to the terms of the Restricted Common Share Grant Agreement pertaining to the shares represented hereby, dated as of _________ , 200[_], (the “Agreement”).
The Participant is hereby granted [ ] Restricted Common Share Units (the “Units”) subject to the restrictions and on the terms and conditions set forth in this Agreement (the “Award”).
The terms of these awards are described in the section captioned “Executive Compensation — Compensation Discussion and Analysis — Elements of Compensation — Special Performance-Based/Time-Vested Restricted Common Share Awards” in this information statement.
All shutdowns shall be coordinated with and approved by the Owner.
Any Holder who makes an election under section 83(b) of the Code with respect to any Restricted Common Share Award without the written approval of the Chief Financial Officer of the Company may, in the discretion of the Committee, forfeit any or all Awards granted to him under the Plan.
The Company shall be entitled to require payment in cash or deduction from other compensation payable to each Participant of any sums required by federal, state or local tax law to be withheld with respect to the issuance, vesting, exercise or lapse of any restriction of any Option, Restricted Common Share, SAR, Performance Unit or Equity Grant.
If the Committee so determines, the restrictions may lapse during such restricted period in installments with respect to specified portions of the Common Shares covered by the Restricted Common Share or Restricted Common Share Unit Award.