Award Restrictions. (a) The period during which the restrictions imposed on the Restricted Stock by the Plan and this Agreement are in effect is referred to herein as the “Restricted Period.” During the Restricted Period, the Employee shall be entitled to all rights of a stockholder of Tidewater, including the right to vote the shares and to receive dividends thereon; provided, however, that the Restricted Stock, the right to vote the Restricted Stock and the right to receive dividends thereon may not be sold, assigned, transferred, exchanged, pledged, hypothecated or otherwise encumbered during the Restricted Period.
Appears in 7 contracts
Samples: And Restricted Stock Agreement (Tidewater Inc), Stock Option and Restricted Stock Agreement (Tidewater Inc), Stock Option and Restricted Stock Agreement (Tidewater Inc)
Award Restrictions. (a) The period during which the restrictions imposed on the Restricted Stock by the Employee Plan and this Agreement are in effect is referred to herein as the “Restricted Period.” During the Restricted Period, the Employee shall be entitled to all rights of a stockholder of Tidewater, including the right to vote the shares and to receive dividends thereon; provided, however, that the Restricted Stock, the right to vote the Restricted Stock and the right to receive dividends thereon may not be sold, assigned, transferred, exchanged, pledged, hypothecated or otherwise encumbered during the Restricted Period.
Appears in 4 contracts
Samples: Restricted Stock Agreement (Tidewater Inc), Restricted Stock Agreement (Tidewater Inc), Stock Option and Restricted Stock Agreement (Tidewater Inc)
Award Restrictions. (a) The period during which the restrictions imposed on the Restricted Stock by the 1997 Plan and this Agreement are in effect is referred to herein as the “Restricted Period.” During the Restricted Period, the Employee shall be entitled to all rights of a stockholder of Tidewater, including the right to vote the shares and to receive dividends thereon; provided, however, that the Restricted Stock, the right to vote the Restricted Stock and the right to receive dividends thereon may not be sold, assigned, transferred, exchanged, pledged, hypothecated or otherwise encumbered during the Restricted Period.
Appears in 3 contracts
Samples: Stock Option and Restricted Stock Agreement (Tidewater Inc), Stock Option and Restricted Stock Agreement (Tidewater Inc), The Stock Option and Restricted Stock (Tidewater Inc)
Award Restrictions. (a) The period during which the restrictions imposed on the Restricted Stock by the Plan and this Agreement are in effect is referred to herein as the “Restricted Period.” During the Restricted Period, the Employee shall be entitled to all rights of a stockholder of Tidewater, including the right to vote the shares and to receive dividends thereon; provided, however, that the Restricted Stock, the right to vote the Restricted Stock and the right to receive dividends thereon may not be sold, assigned, transferred, exchanged, pledged, hypothecated or otherwise encumbered during the Restricted Period.
Appears in 1 contract
Samples: Stock Option and Restricted Stock Agreement (Tidewater Inc)