Distribution Following Termination of Restrictions. Upon the vesting and expiration of the restrictions as to any portion of the Restricted Stock, the Company will cause a new certificate evidencing such number of shares of Common Stock to be delivered to the Executive, or in the case of his death to his legal representative, beneficiary or heir, free of the legend regarding transferability; provided that the Company shall not be obligated to issue any fractional shares of Common Stock.
Appears in 6 contracts
Samples: Restricted Stock Award Agreement (Denbury Resources Inc), Restricted Stock Award Agreement (Encore Acquisition Co), Restricted Stock Award Agreement (Encore Acquisition Co)
Distribution Following Termination of Restrictions. Upon the vesting and expiration of the restrictions as to any portion of the Restricted Stock, the Company will cause a new certificate evidencing such number of shares of Common Stock to be delivered to the Executive, or in the case of his death to his legal representative, beneficiary or heirGrantee, free of the legend regarding transferability; provided that the Company shall not be obligated to issue any fractional shares of Common Stock.
Appears in 5 contracts
Samples: Incentive Plan (Carrizo Oil & Gas Inc), Incentive Plan (Carrizo Oil & Gas Inc), Incentive Plan (Carrizo Oil & Gas Inc)
Distribution Following Termination of Restrictions. Upon the vesting and expiration of the restrictions as to any portion of the Restricted Stock, the Company will cause a new certificate evidencing such number of shares of Common Stock to be delivered to the ExecutiveGrantee, or in the case of his death to his legal representative, beneficiary or heir, free of the legend regarding transferability; provided that the Company shall not be obligated to issue any fractional shares of Common Stock.
Appears in 3 contracts
Samples: Incentive Plan (Carrizo Oil & Gas Inc), Restricted Stock Award Agreement (Carrizo Oil & Gas Inc), Restricted Stock Award Agreement (Carrizo Oil & Gas Inc)
Distribution Following Termination of Restrictions. Upon the vesting and expiration of the restrictions as to any portion of the Restricted Stock, the Company will cause a new certificate evidencing such number of shares of Common Stock to be delivered to the Executive, or in the case of his death to his legal representative, beneficiary or heir, free of the legend regarding transferability; provided that the Company shall not be obligated to issue any fractional shares of Common Stock.legend
Appears in 1 contract
Samples: Restricted Stock Award Agreement (Encore Acquisition Co)
