Common use of Distribution of Restricted Stock Clause in Contracts

Distribution of Restricted Stock. Upon the vesting of any Restricted Stock pursuant to the terms hereof, the restrictions of Sections 2 and 3 shall lapse with respect to such vested Restricted Stock. Reasonably promptly after any Restricted Stock vests, the Company shall cause to be delivered to the Participant a certificate evidencing such Stock.

Distribution of Restricted Stock. Upon the vesting of any Restricted Stock pursuant to the terms hereof, the restrictions of Sections 2 or 3 (as the case may be) and 3 Section 5 shall lapse with respect to such vested Restricted Stock. Reasonably promptly after any Restricted Stock vests, the Company shall cause to be delivered to the Participant a certificate evidencing such Stock.

Distribution of Restricted Stock. Upon the vesting of any Restricted Stock pursuant to the terms hereof, the restrictions of Sections 2 2, 3 and 3 4 shall lapse with respect to such vested Restricted Stock. Reasonably promptly after any Restricted Stock vests, the Company shall cause to be delivered to the Participant a certificate evidencing such Stock.

Distribution of Restricted Stock. Upon the vesting of any Restricted Stock pursuant to the terms hereof, the restrictions of Sections 2 or 3 (as the case may be) and 3 Section 4 shall lapse with respect to such vested Restricted Stock. Reasonably promptly after any Restricted Stock vests, the Company shall cause to be delivered to the Participant a certificate evidencing such Stock.

Distribution of Restricted Stock. Upon the vesting of any shares of Restricted Stock pursuant to the terms hereof, the restrictions of Sections 2 and 3 shall lapse with respect to such shares of vested Restricted Stock. Reasonably promptly after any shares of Restricted Stock vests, the Company shall cause to be delivered to the Participant a certificate evidencing such Stock.