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Applicable Restrictions Contract Clauses (14)
Grouped Into 1 Collection of Similar Clauses From Business Contracts
This page contains Applicable Restrictions clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Applicable Restrictions. (a) Beginning on the Grant Date, you shall have all rights and privileges of a stockholder of the Company with respect to the Restricted Shares except as follows (the "Restrictions"): (i) dividends and other distributions declared and paid with respect to the Restricted Shares before they vest shall be subject to Section 3(c); (ii) none of the Restricted Shares may be sold, transferred, assigned, pledged or otherwise encumbered, subjected to a levy or attachment or disposed of before they vest o...ther than a transfer upon your death in accordance with your will, by the laws of descent and distribution or pursuant to a beneficiary designation submitted in accordance with Section 6(d) of the Plan; and (iii) all or a portion of the Restricted Shares may be forfeited in accordance with Section 6. (b) Any attempt to transfer or dispose of any Restricted Shares in a manner contrary to the Restrictions shall be void and of no effect. (c) Any dividends or distributions, including regular cash dividends, payable or distributable with respect to or in exchange for outstanding but unvested Restricted Shares, including any Shares or other property or securities distributable as the result of any equity restructuring or other change in corporate capitalization described in Section 12(a) of the Plan, shall be retained and held by the Company subject to the same Restrictions, vesting conditions and other terms of this Agreement to which the underlying Restricted Shares are subject. At the time the underlying Restricted Shares vest, the Company shall deliver to you (without interest) the portion of such retained dividends and distributions that relate to the Shares2 that have vested. In the event that the underlying Restricted Shares are forfeited, the portion of such retained dividends and distributions that relate to such Shares shall also be forfeited.
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NORTHERN OIL & GAS, INC. contract
Applicable Restrictions. (a) Beginning on the Grant Date, you shall have all rights and privileges of a stockholder shareholder of the Company with respect to the Restricted Shares except as follows (the "Restrictions"): follows: (i) dividends Dividends and other distributions declared and paid with respect to the Restricted Shares before they vest shall be subject to Section 3(c); 3(c). (ii) none None of the Restricted Shares may be sold, transferred, assigned, pledged or otherwise encumbered, subjected to a levy or at...tachment or disposed of before they vest other than a transfer upon your death in accordance with your will, by will or the laws of descent and distribution or distribution, pursuant to a beneficiary designation submitted domestic relations order, or by gift to any "family member" (as defined in accordance with Section 6(d) General Instruction A.1(a)(5) to Form S-8 under the Securities Act of 1933) of the Plan; and Participant. (iii) all All or a portion of the Restricted Shares may be forfeited under the circumstances specified in accordance with Section 6. (b) Any attempt to transfer or dispose of any Restricted Shares in a manner contrary to the Restrictions transfer restrictions shall be void and of no effect. (c) Any dividends or distributions, including regular cash dividends, payable or distributable with respect to or in exchange for outstanding but unvested Restricted Shares, including any Shares Restricted Stock Award Master Agreement (2019 Equity Incentive Plan) Page 2 shares of Company common stock or other property or securities distributable as the result of any equity restructuring or other change in corporate capitalization described in Section 12(a) of the Plan, shall be delivered to, retained and held by the Company subject to the same Restrictions, restrictions, vesting conditions and other terms of this Agreement to which the underlying unvested Restricted Shares are subject. At the time the underlying Restricted Shares vest, the Company shall deliver to you (without interest) the portion of such retained dividends and distributions that relate to the Shares2 Restricted Shares that have vested. In You agree to execute and deliver to the event Company any instruments of assignment that may be necessary to permit transfer to the underlying Restricted Shares are forfeited, the Company of all or any portion of such retained any dividends and or distributions subject to this Section 3(c) that relate to such Shares shall also may be forfeited.
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Surmodics, Inc. contract
Applicable Restrictions. (a) Beginning on the Grant Date, you a. The Participant shall have all none of the rights and privileges of a stockholder of the Company with respect to until the Restricted Shares vest, except as follows otherwise provided in this Section 2. The following restrictions apply to the unvested Restricted Shares (the "Restrictions"): (i) dividends and other distributions declared and paid with respect to the Restricted Shares before they vest shall be subject to Section 3(c); 2.b; (ii) unless otherw...ise provided by the Committee, none of the Restricted Shares may be sold, transferred, assigned, pledged alienated, pledged, attached, sold or otherwise encumbered, subjected to a levy transferred or attachment or disposed of before they vest encumbered by the Participant other than a transfer upon your death in accordance with your will, by will or by the laws of descent and distribution distribution, and any such purported assignment, alienation, pledge, attachment, sale, transfer or pursuant to encumbrance shall be void and unenforceable against the Company or any Affiliate; provided, that, the designation of a beneficiary designation submitted in accordance with Section 6(d) shall not constitute an assignment, alienation, pledge, attachment, sale, transfer or encumbrance. No such permitted transfer of the Plan; Restricted Shares to heirs or legatees of the Participant shall be effective to bind the Company unless the Committee shall have been furnished with written notice thereof and a copy of such evidence as the Committee may deem necessary to establish the validity of the transfer and the acceptance by the transferee or transferees of the terms and conditions hereof; and (iii) subject to Section 3, all or a portion of the unvested Restricted Shares may be forfeited in accordance if the Participant's employment with Section 6. (b) Any attempt the Company and its subsidiaries terminates before all of the Restricted Shares have vested, or if the Participant attempts to transfer or dispose of any Restricted Shares in a manner contrary to the Restrictions Restrictions. Any Restricted Shares that are forfeited shall be void returned to the Company for cancellation. b. With respect the Participant's outstanding but unvested Restricted Shares, any cash dividends and of no effect. (c) Any any other dividends or distributions, including regular cash dividends, distributions payable or distributable with respect to or in exchange for outstanding but unvested Restricted Shares, including any Shares shares of Company common stock or other property or securities distributable as the result of any equity restructuring or other change in corporate capitalization described in Section 12(a) of the Plan, shall be delivered to, retained and held by the Company subject to the same Restrictions, vesting conditions and other terms of this Agreement to which the underlying unvested Restricted Shares are subject. At the time the underlying Restricted Shares vest, the Company shall deliver to you the Participant (without interest) the portion of such retained dividends and distributions that relate to the Shares2 Restricted Shares that have vested. In The Participant agrees to execute and deliver to the event Company any instruments of assignment that may be necessary to permit transfer to the underlying Restricted Shares are forfeited, the Company of all or any portion of such retained any dividends and or distributions subject to this Section 2.b that relate to such Shares shall also may be forfeited.
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GENERAC HOLDINGS INC. contract
Applicable Restrictions. (a) Beginning on the Grant Date, you shall have all rights and privileges of a stockholder shareholder of the Company with respect to the Restricted Shares except as follows (the "Restrictions"): follows: (i) dividends and other distributions declared and paid with respect to the Restricted Shares before they vest shall be subject to Section 3(c); (ii) none None of the Restricted Shares may be sold, transferred, assigned, pledged or otherwise encumbered, subjected to a levy or attachment or disp...osed of before they vest other than a transfer upon your death in accordance with your will, by will or the laws of descent and distribution or distribution, pursuant to a beneficiary designation submitted domestic relations order, or by gift to any "family member" (as defined in accordance with Section 6(d) General Instruction A.1(a)(5) to Form S-8 under the Securities Act of 1933) of the Plan; and (iii) all Participant (ii) All or a portion of the Restricted Shares may be forfeited under the circumstances specified in accordance with Section 6. 5. (b) Any attempt to transfer or dispose of any Restricted Shares in a manner contrary to the Restrictions transfer restrictions shall be void and of no effect. (c) Any Participant shall be entitled to receive any dividends or distributions, including regular cash dividends, payable or distributable and other distributions paid with respect to or in exchange for outstanding but unvested such Restricted Shares, including Shares; provided that any Shares or such dividends and other property or securities distributable as the result of any equity restructuring or other change in corporate capitalization described in Section 12(a) of the Plan, shall distributions will be retained and held by the Company subject to the same Restrictions, vesting conditions restrictions and other terms risk of this Agreement forfeiture as the Restricted Shares. If any such dividends or distributions are paid in Ordinary Shares, the Ordinary Shares will be subject to the same restrictions on transferability and forfeitability as the Restricted Shares with respect to which the underlying Restricted Shares are subject. At the time the underlying Restricted Shares vest, the Company shall deliver to you (without interest) the portion of such retained dividends and distributions that relate to the Shares2 that have vested. In the event that the underlying Restricted Shares are forfeited, the portion of such retained dividends and distributions that relate to such Shares shall also be forfeited. they were paid.
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