Restrictive Legends Clause Example with 17 Variations from Business Contracts
This page contains Restrictive Legends clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Restrictive Legends. The book entry account reflecting the issuance of the Restricted Shares in the name of the Recipient shall bear a legend or other notation upon substantially the following terms: "These shares of stock are subject to forfeiture provisions and restrictions on transfer set forth in a certain Restricted Stock Agreement between the corporation and the registered owner of these shares (or his or her predecessor in interest), and such Agreement is available for inspection without charge at the office ...of the Secretary of the corporation." 6. Rights as a Shareholder. Except as otherwise provided in this Agreement, for so long as the Recipient is the registered owner of the Restricted Shares, the Recipient shall have all rights as a shareholder with respect to the Restricted Shares, whether vested or unvested, including, without limitation, rights to vote the Restricted Shares and act in respect of the Restricted Shares at any meeting of shareholders; provided that, as provided in the Plan, the payment of dividends on unvested Restricted Shares shall be deferred until after such shares vest.View More
Variations of a "Restrictive Legends" Clause from Business Contracts
Restrictive Legends. The book entry account reflecting the issuance of the shares of Restricted Shares Stock in the name of the Recipient Participant shall bear a legend or other notation upon substantially the following terms: "These terms:"These shares of stock are subject to forfeiture provisions and restrictions on transfer set forth in a certain Restricted Stock Award Agreement between the corporation and the registered owner of these shares (or his or her predecessor in interest), and such Agreement is availab...le for inspection without charge at the office of the Secretary of the corporation." 6. 7. Rights as a Shareholder. Except as otherwise provided in this Agreement, for so long as the Recipient Participant is the registered owner of the Restricted Shares, Stock, the Recipient Participant shall have all rights as a shareholder with respect to the Restricted Shares, Stock, whether vested or unvested, including, without limitation, rights to vote the Restricted Shares Stock and act in respect of the Restricted Shares Stock at any meeting of shareholders; provided that, as provided in the Plan, provided, however, that the payment of dividends on unvested shares of Restricted Shares Stock shall be deferred until after such shares vest. vest and shall be paid to the Participant no later than the end of the calendar year in which the dividends are paid to stockholders of that class of stock or, if later, the 15th day of the third month following the applicable vesting date of such shares of Restricted Stock. No interest will be paid on any such deferred dividends. In the event that any shares of Restricted Stock are forfeited in accordance with terms of this Agreement during the pendency of any such deferred dividends declared with respect to such shares, then the Participant shall also forfeit any right to receive such deferred dividends.8. Provisions of the Plan.This Agreement is subject to the provisions of the Plan, a copy of which is furnished to the Participant with this Agreement. View More
Restrictive Legends. The book entry account reflecting the issuance of the All certificates representing Restricted Shares in the name of the Recipient shall bear have affixed thereto a legend or other notation upon in substantially the following terms: form, in addition to any other legends that may be required under applicable law: "These shares of stock are subject to forfeiture provisions and restrictions on transfer set forth in a certain Restricted Stock Agreement between the corporation Cornerstone Therapeuti...cs Inc. (the "Corporation") and the registered owner of these shares (or his or her predecessor in interest), and such Agreement is available for inspection without charge at the office of the Secretary of the corporation." Corporation." 6. Rights as a Shareholder. Except as otherwise provided in this Agreement, for so long as the Recipient is the registered owner of the Restricted Shares, the Recipient shall have all rights as a shareholder with respect to the Restricted Shares, whether vested or unvested, including, without limitation, any rights to vote the Restricted Shares and act in respect of the Restricted Shares at any meeting of shareholders; provided that, shareholders and to receive dividends and distributions with respect to such Restricted Shares; provided, however, that if any such dividends or distributions are paid in shares, or consist of a dividend or distribution to holders of Common Stock other than an ordinary cash dividend, the shares, cash or other property will be subject to the same restrictions on transferability and forfeitability as provided the shares of Restricted Stock with respect to which they were paid. Each dividend payment will be made no later than the end of the calendar year in which the Plan, dividends are paid to shareholders of that class of stock or, if later, the payment 15th day of the third month following the date the dividends on unvested Restricted Shares shall be deferred until after such shares vest. are paid to shareholders of that class of stock. View More
Restrictive Legends. The book entry account reflecting the issuance of the All certificates representing Restricted Shares in the name of the Recipient shall bear have affixed thereto a legend or other notation upon in substantially the following terms: form, in addition to any other legends that may be required under applicable law: "These shares of stock are subject to forfeiture provisions and restrictions on transfer set forth in a certain Restricted Stock Agreement between the corporation Cornerstone Therapeuti...cs Inc. (the "Corporation") and the registered owner of these shares (or his or her predecessor in interest), and such Agreement is available for inspection without charge at the office of the Secretary of the corporation." Corporation." 6. Rights as a Shareholder. Except as otherwise provided in this Agreement, for so long as the Recipient is the registered owner of the Restricted Shares, the Recipient shall have all rights as a shareholder with respect to the Restricted Shares, whether vested or unvested, including, without limitation, any rights to vote the Restricted Shares and act in respect of the Restricted Shares at any meeting of shareholders; provided that, shareholders and to receive dividends and distributions with respect to such Restricted Shares; provided, however, that if any such dividends or distributions are paid in shares, or consist of a dividend or distribution to holders of Common Stock other than an ordinary cash dividend, the shares, cash or other property will be subject to the same restrictions on transferability and forfeitability as provided the shares of Restricted Stock with respect to which they were paid. Each dividend payment will be made no later than the end of the calendar year in which the dividends are paid to shareholders of that class of stock or, if later, the 15th day of the third month following the date the dividends are paid to shareholders of that class of stock. -4- 7. Provisions of the Plan. This Agreement is subject to the provisions of the Plan, a copy of which is furnished to the payment of dividends on unvested Restricted Shares shall be deferred until after such shares vest. Recipient with this Agreement. View More
Restrictive Legends. The book entry account reflecting the issuance of the Restricted Performance Shares in the name of the Recipient shall bear a legend or other notation upon substantially the following terms: "These shares of stock are subject to forfeiture provisions and restrictions on transfer set forth in a certain Performance-Based Restricted Stock Agreement between the corporation and the registered owner of these shares (or his or her predecessor in interest), and such Agreement is available for inspection... without charge at the office of the Secretary of the corporation." 6. 5. Rights as a Shareholder. Stockholder. Except as otherwise provided in this Agreement, for so long as the Recipient is the registered owner of the Restricted Performance Shares, the Recipient shall have all rights as a shareholder with respect to the Restricted Performance Shares, whether vested or unvested, including, without limitation, rights to vote the Restricted Performance Shares and act in respect of the Restricted Performance Shares at any meeting of shareholders; provided that, as provided that the Recipient shall not accrue or be paid any dividend (whether in the Plan, the payment of dividends on unvested Restricted Shares shall be deferred until after such shares vest. cash or in stock) with respect to any Unvested Shares. View More
Restrictive Legends. The book entry account reflecting the issuance of the Restricted Shares in the name of the Recipient Participant shall bear a legend or other notation upon substantially the following terms: "These shares of stock are subject to forfeiture provisions and restrictions on transfer set forth in a certain Restricted Stock Agreement between the corporation and the registered owner of these shares (or his or her predecessor in interest), and such Agreement is available for inspection without charge at... the office of the Secretary of the corporation." "THE SHARES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO A RIGHT OF REPURCHASE OPTION HELD BY THE ISSUER AND/OR ITS ASSIGNEE(S) AS SET FORTH IN A CERTAIN RESTRICTED STOCK PURCHASE AGREEMENT BETWEEN THE ISSUER AND THE ORIGINAL HOLDER OF THESE SHARES, A COPY OF WHICH MAY BE OBTAINED AT THE PRINCIPAL OFFICE OF THE ISSUER, SUCH RIGHT TO REPURCHASE IS BINDING ON THE TRANSFEREES OF THESE SHARES." 6. Rights as a Shareholder. Except as otherwise provided in this Agreement, for so long as the Recipient Participant is the registered owner of the Restricted Shares, the Recipient Participant shall have all rights as a shareholder with respect to the Restricted Shares, whether vested or unvested, including, without limitation, rights to vote the Restricted Shares and act in respect of the Restricted Shares at any meeting of shareholders; provided that, as provided in the Plan, that the payment of dividends on unvested Restricted Shares shall be deferred until after until, and shall only be paid at, such time as the shares vest. View More
Restrictive Legends. The book entry account reflecting the issuance of the Restricted Shares in the name of the Recipient Participant shall bear a legend or other notation upon substantially the following terms: "These shares of stock are subject to forfeiture provisions and restrictions on transfer set forth in a certain Restricted Stock Agreement between the corporation and the registered owner of these shares (or his or her predecessor in interest), and such Agreement is available for inspection without charge at... the office of the Secretary of the corporation." "THE SHARES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO FORFEITURE PROVISIONS FOR THE BENEFIT OF THE ISSUER AND/OR ITS ASSIGNEE(S) AS SET FORTH IN A CERTAIN RESTRICTED STOCK PURCHASE AGREEMENT BETWEEN THE ISSUER AND THE ORIGINAL HOLDER OF THESE SHARES, A COPY OF WHICH MAY BE OBTAINED AT THE PRINCIPAL OFFICE OF THE ISSUER, SUCH RIGHT TO REPURCHASE IS BINDING ON THE TRANSFEREES OF THESE SHARES." 6. Rights as a Shareholder. Except as otherwise provided in this Agreement, for so long as the Recipient Participant is the registered owner of the Restricted Shares, the Recipient Participant shall have all rights as a shareholder with respect to the Restricted Shares, whether vested or unvested, including, without limitation, rights to vote the Restricted Shares and act in respect of the Restricted Shares at any meeting of shareholders; provided that, as provided in the Plan, that the payment of dividends on unvested Restricted Shares shall be deferred until after until, and shall only be paid at, such time as the shares vest. View More
Restrictive Legends. The book entry account reflecting the issuance of the shares of Restricted Shares Stock in the name of the Recipient Participant shall bear a legend or other notation upon substantially the following terms: "These shares of stock are subject to forfeiture provisions and restrictions on transfer set forth in a certain Restricted Stock Award Agreement between the corporation and the registered owner of these shares (or his or her predecessor in interest), and such Agreement is available for inspec...tion without charge at the office of the Secretary of the corporation." 6. Rights as a Shareholder. Except as otherwise provided in this Agreement, for so long as the Recipient Participant is the registered owner of the Restricted Shares, Stock, the Recipient Participant shall have all rights as a shareholder with respect to the Restricted Shares, Stock, whether vested or unvested, including, without limitation, rights to vote the Restricted Shares Stock and act in respect of the Restricted Shares Stock at any meeting of shareholders; provided that, as provided in the Plan, provided, however, that the payment of dividends on unvested Restricted Shares Stock shall be deferred until after such shares vest. vest and shall be paid to the Participant within thirty (30) days following the applicable vesting date of such shares of Restricted Stock. 3 7. Provisions of the Plan. This Agreement is subject to the provisions of the Plan, a copy of which is furnished to the Participant with this Agreement. View More
Restrictive Legends. The book entry account reflecting the issuance of the Restricted Shares in the name of the Recipient Participant shall bear a legend or other notation upon substantially the following terms: "These shares of stock are subject to forfeiture provisions and restrictions on transfer set forth in a certain Restricted Stock Agreement between the corporation and the registered owner of these shares (or his or her predecessor in interest), and such Agreement is available for inspection without charge at... the office of the Secretary of the corporation." 6. Rights as a Shareholder. Except as otherwise provided in this Agreement, for so long as the Recipient Participant is the registered owner of the Restricted Shares, the Recipient Participant shall have all rights as a shareholder with respect to the Restricted Shares, whether vested or unvested, including, without limitation, any rights to receive dividends and distributions with respect to the Restricted Shares and to vote the Restricted Shares and act in respect of the Restricted Shares at any meeting of shareholders; provided that, as provided shareholders. Notwithstanding the foregoing, any dividends, whether in cash, stock or property, declared and paid by the Plan, the payment of dividends on Company with respect to unvested Restricted Shares ("Accrued Dividends") shall be deferred until after paid to the Participant, without interest, only if and when such shares Restricted Shares vest. 7. Provisions of the Plan. This Agreement is subject to the provisions of the Plan, a copy of which is furnished to the Participant with this Agreement. View More
Restrictive Legends. The book entry account reflecting the issuance of the shares of Restricted Shares Stock in the name of the Recipient Participant shall bear a legend or other notation upon substantially the following terms: "These shares of stock are subject to forfeiture provisions and restrictions on transfer set forth in a certain Restricted Stock Award Agreement between the corporation and the registered owner of these shares (or his or her predecessor in interest), and such Agreement is available for inspec...tion without charge at the office of the Secretary of the corporation." B-3 6. Rights as a Shareholder. Except as otherwise provided in this Agreement, for so long as the Recipient Participant is the registered owner of the Restricted Shares, Stock, the Recipient Participant shall have all rights as a shareholder with respect to the Restricted Shares, Stock, whether vested or unvested, including, without limitation, rights to vote the Restricted Shares Stock and act in respect of the Restricted Shares Stock at any meeting of shareholders; provided that, as provided in the Plan, provided, however, that the payment of dividends on unvested Restricted Shares Stock shall be deferred until after such shares vest. vest and shall be paid to the Participant within thirty (30) days following the applicable vesting date of such shares of Restricted Stock. View More
Restrictive Legends. The book entry account reflecting the issuance of the shares of Restricted Shares Stock in the name of the Recipient Participant shall bear a legend or other notation upon substantially the following terms: "These shares of stock are subject to forfeiture provisions and restrictions on transfer set forth in a certain Restricted Stock Award Agreement between the corporation and the registered owner of these shares (or his or her predecessor in interest), and such Agreement is available for inspec...tion without charge at the office of the Secretary of the corporation." 6. Rights as a Shareholder. Except as otherwise provided in this Agreement, for so long as the Recipient Participant is the registered owner of the Restricted Shares, Stock, the Recipient Participant shall have all rights as a shareholder with respect to the Restricted Shares, Stock, whether vested or unvested, including, without limitation, B-3 rights to vote the Restricted Shares Stock and act in respect of the Restricted Shares Stock at any meeting of shareholders; provided that, as provided in the Plan, provided, however, that the payment of dividends on unvested Restricted Shares Stock shall be deferred until after such shares vest. vest and shall be paid to the Participant within thirty (30) days following the applicable vesting date of such shares of Restricted Stock. View More
