Common use of Sale of Restricted Stock Clause in Contracts

Sale of Restricted Stock. The Participant shall not sell Restricted Stock except pursuant to an effective registration statement under the Securities Act of 1933 or pursuant to an exemption from registration under such act.

Appears in 15 contracts

Samples: Restricted Stock Award Agreement (Reading & Bates Corp), Restricted Stock Award Agreement (Reading & Bates Corp), Restricted Stock Award Agreement (Reading & Bates Corp)

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Sale of Restricted Stock. The Participant shall not sell Restricted Stock except pursuant to an effective registration statement under the Securities Act of 1933 (or pursuant to an exemption from registration under such act), and the Participant hereby represents that he is acquiring the Restricted Stock for his own account and not with a view to the distribution thereof.

Appears in 5 contracts

Samples: Agreement (Oceaneering International Inc), Agreement (Oceaneering International Inc), Agreement (Oceaneering International Inc)

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Sale of Restricted Stock. The Participant shall not sell Restricted Stock except pursuant to an effective registration statement under the Securities Act of 1933 (or pursuant to an exemption from registration under such act), and the Participant hereby represents that he is acquiring the Restricted Stock for his own account and not with a view to the distribution thereof. 6.

Appears in 1 contract

Samples: Agreement (Oceaneering International Inc)

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