Common use of Distribution of Restricted Stock Clause in Contracts

Distribution of Restricted Stock. Certificates representing the Restricted Stock will be distributed to the Grantee as soon as practicable after the Vesting Date. Notwithstanding the foregoing, if the Grantee's employment with the Company (or any Subsidiary or Affiliate of the Company) is terminated under the circumstances set forth in Section 5(b), certificates representing the Restricted Stock awarded hereunder will be distributed to the Grantee (or the Grantee's estate or legal representative) as soon as practicable after the Grantee's termination.

Appears in 4 contracts

Samples: Restricted Stock Agreement (O Charleys Inc), Restricted Stock Agreement (O Charleys Inc), Restricted Stock Agreement (O Charleys Inc)

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Distribution of Restricted Stock. Certificates representing the Restricted Stock will be distributed to the Grantee as soon as practicable after the Vesting Date. Notwithstanding the foregoing, if the Grantee's ’s employment with the Company (or any Subsidiary or Affiliate of the Company) is terminated under the circumstances set forth in Section 5(b), certificates representing the Restricted Stock awarded hereunder will be distributed to the Grantee (or the Grantee's ’s estate or legal representative) as soon as practicable after the Grantee's ’s termination.

Appears in 1 contract

Samples: Restricted Stock Agreement (O Charleys Inc)

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Distribution of Restricted Stock. Certificates representing the Restricted Stock which have vested hereunder will be distributed to the Grantee as soon as practicable after the Vesting Date. Notwithstanding the foregoing, if the Grantee's ’s employment with the Company (or any Subsidiary or Affiliate of the Company) is terminated under the circumstances set forth in Section 5(b), certificates representing the Restricted Stock awarded hereunder will be distributed to the Grantee (or the Grantee's ’s estate or legal representative) as soon as practicable after the Grantee's ’s termination.

Appears in 1 contract

Samples: Restricted Stock Agreement (O Charleys Inc)

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