Common use of Company Restricted Stock Clause in Contracts

Company Restricted Stock. As of immediately prior to the Effective Time, each then outstanding share of Company Restricted Stock (automatically without any further action required of the holder of any such Company Restricted Stock) shall be fully vested and such shares of Company Restricted Stock, after any applicable reduction for withholding, shall be treated in the same manner as all other outstanding shares of Company Common Stock pursuant to Section 2.6.

Appears in 1 contract

Samples: Merger Agreement (Barnes & Noble Inc)

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Company Restricted Stock. As of immediately prior to At the Effective Time, each then outstanding share of Company Restricted Stock (automatically without any further action required of the holder of any such Company Restricted Stock) shall be fully vested and such shares of Company Restricted Stock, after any applicable reduction for withholdingwhether vested or unvested, that is outstanding immediately prior thereto shall become fully vested and all restrictions thereon shall lapse and shall be treated converted automatically into the right to receive from the Surviving Corporation at the Effective Time an amount in cash equal to the same manner as all other outstanding shares of Company Common Stock pursuant Merger Consideration, subject to Section 2.6applicable income and employment withholding Taxes.

Appears in 1 contract

Samples: Merger Agreement (Thomas & Betts Corp)

Company Restricted Stock. As of immediately Immediately prior to the Effective Time, each all then outstanding share shares of Company Restricted Stock (automatically without any further action required of the holder of any such Company Restricted Stock) shall be become fully vested vested, subject to applicable income and such shares of Company Restricted Stock, after any applicable reduction for withholding, shall be treated in the same manner as all other outstanding shares of Company Common Stock pursuant to Section 2.6employment withholding Taxes.

Appears in 1 contract

Samples: Merger Agreement (Capital Gold Corp)

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Company Restricted Stock. As of immediately prior to the Effective Time, each then outstanding share of Company Restricted Stock (automatically without any further action required of the holder of any such Company Restricted Stock) shall be fully vested and such shares of Company Restricted Stock, after any applicable reduction for withholding, shall be treated in the same manner as all other outstanding shares of Company Common Stock pursuant to Section 2.62.8.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Barnes & Noble Inc)

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