Restricted definition
Examples of Restricted in a sentence
The foregoing provisions (other than the requirements of clause (2) of this Section) shall not apply to the creation of a new Subsidiary as a Restricted Subsidiary of the Company.
Notwithstanding anything to the contrary in the applicable Grant Detail and Restricted Stock Unit Award Agreement, any unvested Restricted Stock Units that so vest will be settled within three (3) business days following the sixtieth (60th) day following the Termination Date.
Notwithstanding the foregoing, and subject to compliance with applicable securities laws, Purchaser may transfer the Restricted Securities as part of a pro rata distribution to stockholders of the Purchaser that does not involve a disposition for value; provided that prior to any such distribution, the Company receives a signed lock-up agreement from each distributee containing substantially the same restrictions to this Section 5.13.
In the event that Executive is placed on “garden leave” pursuant to Section IV (D) prior to separation and the period of Base Salary Continuation is less than six months, the Restricted Period shall be six (6) months or the period of Base Salary Continuation, whichever is shorter.
All other unvested Restricted Stock Units shall be forfeited as of the Termination Date.