Restrictions and Conditions Clause Example with 24 Variations from Business Contracts

Restrictions and Conditions. (a) Any book entries for the shares of Restricted Stock Shares granted herein shall bear an appropriate legend, as determined by the Administrator in its sole discretion, to the effect that such shares are subject to restrictions as set forth herein and in the Plan. (b) Restricted Shares of Restricted Stock granted herein may not be sold, assigned, transferred, pledged or otherwise encumbered or disposed of by the Grantee prior to vesting. (c) If the Grantee's employment Service Relationship wit...h the Company and its Subsidiaries is voluntarily or involuntarily terminated ceases for any reason (including death) prior to vesting of shares of Restricted Stock Shares granted herein, all shares of Restricted Stock Shares shall immediately and automatically be forfeited and returned to the Company. View More

Restrictions and Conditions. (a) Any book entries for the shares of Restricted Stock granted herein shall bear an appropriate legend, as determined by the Administrator in its sole discretion, to the effect that such shares are subject to restrictions as set forth herein and in the Plan. (b) Shares of Restricted Stock granted herein may not be sold, assigned, transferred, pledged or otherwise encumbered or disposed of by the Grantee prior to vesting. (c) If Except as otherwise set forth below or as described in Exhibit A, i...f the Grantee's employment with the Company and its Subsidiaries is voluntarily or involuntarily terminated for any reason (including death) prior to vesting of shares of Restricted Stock granted herein, all shares of Restricted Stock shall immediately and automatically be forfeited and returned to the Company. The Administrator's determination of the reason for termination of the Grantee's employment shall be conclusive and binding on the Grantee and his or her representatives or legatees. View More

Restrictions and Conditions. (a) Any certificates or book entries for the shares of Restricted Stock granted herein shall bear an appropriate legend, as determined by the Administrator Committee in its sole discretion, to the effect that such shares are subject to restrictions as set forth herein and in the Plan. (b) Shares of Restricted Stock granted herein may not be sold, assigned, transferred, pledged or otherwise encumbered or disposed of by the Grantee prior to vesting. (c) If the Grantee's employment with the Company... and its Subsidiaries is voluntarily or involuntarily terminated for any reason (including death) prior to vesting of shares of Restricted Stock granted herein, all shares of Restricted Stock shall immediately and automatically be forfeited and returned to the Company. View More

Restrictions and Conditions. (a) Any book entries for the shares of Restricted Stock Shares granted herein shall bear an appropriate legend, as determined by the Administrator Committee in its sole discretion, to the effect that such shares are subject to restrictions as set forth herein and in the Plan. (b) Restricted Shares of Restricted Stock granted herein may not be sold, assigned, transferred, pledged or otherwise encumbered or disposed of by the Grantee prior to vesting. (c) If the Grantee's employment with the Compa...ny and or its Subsidiaries Affiliates is voluntarily or involuntarily terminated for any reason (including death) prior to vesting of the Restricted Shares granted herein, all unvested shares of Restricted Stock granted herein, all shares of Restricted Stock Shares shall immediately and automatically be forfeited and returned to the Company. View More

Restrictions and Conditions. (a) Any book entries for the shares of Restricted Stock Shares granted herein shall bear an appropriate legend, as determined by the Administrator in its sole discretion, to the effect that such shares are subject to restrictions as set forth herein and in the Plan. (b) Restricted Shares of Restricted Stock granted herein may not be sold, assigned, transferred, pledged or otherwise encumbered or disposed of by the Grantee prior to vesting. (c) If the Grantee's employment Service Relationship wit...h the Company and its Subsidiaries or a Subsidiary is voluntarily or involuntarily terminated for any reason (including death) prior to vesting of shares of the Restricted Stock Shares granted herein, all shares of Restricted Stock Shares shall immediately and automatically be forfeited and returned to the Company. View More

Restrictions and Conditions. (a) Any As set forth in Paragraph 1, the book entries for representing the shares of Restricted Stock granted herein shall bear an appropriate legend, as determined by the Administrator in its sole discretion, to the effect that such shares are subject to restrictions as set forth herein and in the Plan. (b) Shares of Restricted Stock granted herein may not be sold, assigned, transferred, pledged or otherwise encumbered or disposed of by the Grantee prior to vesting. (c) If the Grantee's employm...ent with the Company and its Subsidiaries is voluntarily or involuntarily terminated for any reason (including death) (other than death or disability) prior to vesting of shares of Restricted Stock granted herein, all the unvested shares of Restricted Stock shall be immediately and automatically be forfeited and returned to the Company. Company upon termination of employment, without payment of any consideration to the Grantee. The Grantee shall have no further rights with respect to any shares of Restricted Stock that are so forfeited. View More

Restrictions and Conditions. (a) Any book entries for the shares of Restricted Stock granted herein shall bear an appropriate legend, as determined by the Administrator in its sole discretion, to the effect that such shares are subject to restrictions as set forth herein and in the Plan. (b) Shares of Restricted Stock granted herein may not be sold, assigned, transferred, pledged or otherwise encumbered or disposed of by the Grantee prior to vesting. the applicable Vesting Date indicated in Paragraph 3 below. (c) If the Gra...ntee's employment with the Company and its Subsidiaries Service Relationship is voluntarily or involuntarily terminated for any reason (including death) due to death or disability) prior to vesting of shares of Restricted Stock granted herein, all shares of Restricted Stock shall immediately and automatically be forfeited and returned to the Company. View More

Restrictions and Conditions. (a) Any book entries for the shares of Restricted Stock granted herein shall bear an appropriate legend, as determined by the Administrator in its sole discretion, to the effect that such shares are subject to restrictions as set forth herein and in the Plan. (b) Shares of Restricted Stock granted herein may not be sold, assigned, transferred, pledged or otherwise encumbered or disposed of by the Grantee prior to vesting. the applicable Vesting Date indicted in Paragraph 3 below. (c) If the Gran...tee's employment Service Relationship with the Company and its Subsidiaries or a Subsidiary is voluntarily or involuntarily terminated for any reason (including death) due to death or disability) prior to vesting of shares of Restricted Stock granted herein, all shares of Restricted Stock shall immediately and automatically be forfeited and returned to the Company. View More

Restrictions and Conditions. (a) Any As set forth in Paragraph 1, the book entries for representing the shares of Restricted Stock granted herein shall bear an appropriate legend, as determined by the Administrator in its sole discretion, to the effect that such shares are subject to restrictions as set forth herein and in the Plan. (b) Shares of Restricted Stock granted herein may not be sold, assigned, transferred, pledged or otherwise encumbered or disposed of by the Grantee prior to vesting. (c) If the Grantee's employm...ent with the Company and its Subsidiaries is voluntarily or involuntarily terminated for any reason (including death) (other than death or disability) prior to vesting of shares of Restricted Stock granted herein, all the unvested shares of Restricted Stock shall be immediately and automatically be forfeited and returned to the Company. Company upon termination of employment, without payment of any consideration to the Grantee. The Grantee shall have no further rights with respect to any shares of Restricted Stock that are so forfeited. View More

Restrictions and Conditions. (a) Any book entries for the shares of Restricted Stock granted herein shall bear an appropriate legend, as determined by the Administrator in its sole discretion, to the effect that such shares are subject to restrictions as set forth herein and in the Plan. (b) Shares of Restricted Stock granted herein may not be sold, assigned, transferred, pledged or otherwise encumbered or disposed of by the Grantee prior to vesting. (c) If the Grantee's employment with the Company and its Subsidiaries is v...oluntarily or involuntarily terminated for any reason (including death) prior to vesting of shares of Restricted Stock granted herein, all shares of Restricted Stock shall immediately and automatically be forfeited and returned to the Company. Notwithstanding the foregoing, if the Grantee's employment with the Company and its Subsidiaries is terminated due to the Grantee's death or disability prior to the vesting of shares of Restricted Stock granted herein, all restrictions shall lapse and such shares shall automatically become fully vested. The Administrator's determination of the reason for termination of the Grantee's employment shall be conclusive and binding on the Grantee and his or her representatives or legatees. View More