Common use of Certificate; Restrictive Legend Clause in Contracts

Certificate; Restrictive Legend. The Grantee agrees that any certificate issued for Restricted Stock prior to the lapse of any outstanding restrictions relating thereto shall be inscribed with the following legend: This certificate and the shares of stock represented hereby are subject to the terms and conditions, including forfeiture provisions and restrictions against transfer (the “Restrictions”), contained in the Western Asset Mortgage Capital Corporation Manager Equity Plan and an agreement entered into between the registered owner and Western Asset Mortgage Capital Corporation. Any attempt to dispose of these shares in contravention of the Restrictions, including by way of sale, assignment, transfer, pledge, hypothecation or otherwise, shall be null and void and without effect.

Appears in 3 contracts

Samples: Restricted Stock Award Agreement (Western Asset Mortgage Capital Corp), Restricted Stock Award Agreement (Western Asset Mortgage Capital Corp), Restricted Stock Award Agreement (Western Asset Mortgage Capital Corp)

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Certificate; Restrictive Legend. The Grantee agrees that any certificate issued for Restricted Stock prior to the lapse of any outstanding restrictions relating thereto shall be inscribed with the following legend: This certificate and the shares of stock represented hereby are subject to the terms and conditions, including forfeiture provisions and restrictions against transfer (the “Restrictions”), contained in the Western Asset Mortgage Capital Corporation Manager Builders FirstSource, Inc. 2005 Equity Incentive Plan and an agreement entered into between the registered owner and Western Asset Mortgage Capital Corporation. Builders FirstSource, Inc. Any attempt to dispose of these shares in contravention of the Restrictions, including by way of sale, assignment, transfer, pledge, hypothecation or otherwise, shall be null and void and without effect.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Builders FirstSource, Inc.), Restricted Stock Award Agreement (Builders FirstSource, Inc.)

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Certificate; Restrictive Legend. The Grantee agrees that any certificate issued for Restricted Stock prior to the lapse of any outstanding restrictions relating thereto shall be inscribed with the following legend: This certificate and the shares of stock represented hereby are subject to the terms and conditions, including forfeiture provisions and restrictions against transfer (the “Restrictions”), contained in the Western Asset Mortgage Capital Corporation Manager Equity Plan and an agreement entered into between the registered owner and Western Asset Mortgage Capital Corporation. Any attempt to dispose of these shares in contravention of the Restrictions, including by way of sale, assignment, transfer, pledge, hypothecation or otherwise, shall be null and void and without effect.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Western Asset Mortgage Capital Corp)

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