Restrictions definition
Restrictions means the forfeiture, transfer and/or other restrictions applicable to Shares awarded to an Employee, Director or Consultant under the Plan pursuant to a Restricted Stock Award and set forth in a Restricted Stock Agreement.
Restrictions means the restrictions on sale or other transfer set forth in Section 4.2 and the exposure to forfeiture set forth in Section 3.1.
Restrictions means the exposure to forfeiture set forth in Sections 5(a) and 6(a).
Examples of Restrictions in a sentence
Consultant agrees to execute any lock-up agreement that the Company may reasonably require the Consultant to execute to effect the Lock-Up Restrictions and acknowledges that the Company’s transfer agent shall note such Lock-Up Restrictions in the Company’s register of members and books and records.
Directly or indirectly, take or permit to be taken any action that would impair any Administrative Agent’s Lien in the Collateral Shares, or its ability to exercise remedies against such Collateral Shares (including, without limitation, by imposing any Transfer Restrictions on the Collateral Shares or entering into any shareholders’ agreement, or changing the terms of the Redemption Rights), other than any Existing Transfer Restriction.
More Definitions of Restrictions
Restrictions means one or more, as the case may be, of the restrictions referred to in Article 51.3;
Restrictions means the exposure to forfeiture set forth in Sections 4(a) and 5(a) and the restrictions on sale or other transfer set forth in Section 3(b).
Restrictions means the forfeiture and transferability restrictions imposed upon Restricted Stock under the Plan and this Award Agreement.
Restrictions means the restrictions set forth in Article III of this Agreement.
Restrictions means forfeiture, transfer and/or other restrictions applicable to Common Stock awarded to an Employee, Director or Consultant under the Plan pursuant to a Restricted Share Award and set forth in a Restricted Share Award Agreement.
Restrictions means any restriction on a Grantee’s free enjoyment of the Shares or other rights underlying Awards, including (a) a restriction that the Grantee or other holder may not sell, transfer, pledge, or assign a Share or right, and (b) such other restrictions as the Committee may impose in the Award Agreement (including any restriction on the right to vote such Share and the right to receive any dividends). Restrictions may be based upon the passage of time, the satisfaction of performance criteria and/or the occurrence of one or more events or conditions, and shall lapse separately or in combination upon such conditions and at such time or times, in installments or otherwise, as the Committee shall specify. Awards subject to a Restriction shall be forfeited if the Restriction does not lapse prior to such date, the occurrence of such event or the satisfaction of such other criteria as the Committee shall determine.
Restrictions means those restrictions and conditions placed upon Restricted Stock as determined by the Board in accordance with Section 4.2.