Common use of Effect of Lapse of Restrictions Clause in Contracts

Effect of Lapse of Restrictions. To the extent that the Restricted Period applicable to any Restricted Shares shall have lapsed, the Grantee may receive, hold, sell or otherwise dispose of such Shares free and clear of the restrictions imposed under the Plan and this Agreement.

Appears in 43 contracts

Samples: Restricted Share Award Agreement (Genesco Inc), Restricted Share Award Agreement (Genesco Inc), Restricted Share Award Agreement (Luminex Corp)

AutoNDA by SimpleDocs

Effect of Lapse of Restrictions. To the extent that the Restricted Period applicable to any Restricted Shares shall have lapsed, the Grantee may receive, hold, sell or otherwise dispose of such Shares free and clear of the restrictions imposed under the Plan and this AgreementAgreement upon compliance with applicable legal requirements.

Appears in 22 contracts

Samples: Restricted Share Award Agreement (Chefs' Warehouse, Inc.), Restricted Share Award Agreement (Chefs' Warehouse, Inc.), Restricted Share Award Agreement (J. Alexander's Holdings, Inc.)

Effect of Lapse of Restrictions. To the extent that the Restricted Restriction Period applicable to any Restricted Shares Stock shall have lapsed, the Grantee Participant may receive, hold, sell or otherwise dispose of such Shares Stock free and clear of the restrictions imposed under the Plan and this Agreement.

Appears in 10 contracts

Samples: Restricted Stock Award Agreement (First Acceptance Corp /De/), Restricted Stock Award Agreement (First Acceptance Corp /De/), Restricted Stock Award Agreement (First Acceptance Corp /De/)

Effect of Lapse of Restrictions. To the extent that the Restricted Period applicable to any Restricted Shares shall have lapsed, the Grantee may receive, hold, sell or otherwise dispose of such Shares free and clear of the restrictions imposed under the Plan and this AgreementAgreement subject to the rights of the Corporation for recoupment set forth in Section 6 below.

Appears in 7 contracts

Samples: Restricted Share Award Agreement (Aci Worldwide, Inc.), Restricted Share Award Agreement (Aci Worldwide, Inc.), Restricted Share Award Agreement (Aci Worldwide, Inc.)

Effect of Lapse of Restrictions. To the extent that the Restricted Period applicable to any Restricted Shares shall have lapsed, the Grantee Employee may receive, hold, sell or otherwise dispose of such Shares free and clear of the restrictions imposed under the Plan and this Agreement.

Appears in 3 contracts

Samples: Restricted Share Award Agreement (Triangle Capital CORP), Restricted Share Award Agreement (Triangle Capital CORP), Restricted Share Award Agreement (Triangle Capital CORP)

Effect of Lapse of Restrictions. To the extent that the Restricted Period applicable to any Restricted Shares shall have lapsed, the Grantee may receive, hold, sell or otherwise dispose of such Shares shares free and clear of the restrictions imposed under the Plan LTIP and this AgreementAgreement upon compliance with applicable legal requirements.

Appears in 3 contracts

Samples: Restricted Stock Award Agreement (Education Realty Trust, Inc.), Restricted Stock Award Agreement (Education Realty Trust, Inc.), Restricted Stock Award Agreement (Education Realty Trust, Inc.)

Effect of Lapse of Restrictions. To the extent that the Restricted Period applicable to any shares of Restricted Shares Stock shall have lapsed, the Grantee may receive, hold, sell or otherwise dispose of such Shares free and clear of the restrictions imposed under the Plan and this AgreementAgreement upon compliance with applicable legal requirements.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (I3 Verticals, Inc.), Restricted Stock Award Agreement (I3 Verticals, Inc.)

Effect of Lapse of Restrictions. To the extent that the Restricted Period applicable to any Restricted Shares shall have lapsed, the Grantee may receive, hold, sell or otherwise dispose of such Shares free and clear of the restrictions imposed under the Plan and this AgreementAgreement upon compliance with applicable legal requirements.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Education Realty Trust, Inc.), Restricted Stock Award Agreement (Education Realty Trust, Inc.)

AutoNDA by SimpleDocs

Effect of Lapse of Restrictions. To the extent that the Restricted Period applicable to any Restricted Shares shall have lapsedvested, the Grantee may receive, hold, sell or otherwise dispose of such Shares free and clear of the restrictions imposed under the Plan and this Agreement.

Appears in 1 contract

Samples: Restricted Share Award Agreement (Amsurg Corp)

Effect of Lapse of Restrictions. To the extent that the Restricted Restriction Period applicable to any Restricted Shares shall have lapsed, the Grantee Participant may receive, hold, sell or otherwise dispose of such Shares free and clear of the restrictions imposed under the Plan and this Agreement.

Appears in 1 contract

Samples: Restricted Shares Agreement (WorldSpace, Inc)

Effect of Lapse of Restrictions. To the extent that the Restricted Period applicable to any Restricted Shares shall have lapsed, the Grantee may receive, hold, sell or otherwise dispose of such Restricted Shares free and clear of the restrictions imposed under the Plan and this AgreementAgreement upon compliance with applicable legal requirements.

Appears in 1 contract

Samples: Performance Restricted Share Award Agreement (HealthSpring, Inc.)

Effect of Lapse of Restrictions. To the extent that the Restricted Period applicable to any Restricted Performance Shares shall have lapsed, the Grantee may receive, hold, sell or otherwise dispose of such Shares free and clear of the restrictions imposed under the Plan and this AgreementAgreement upon compliance with applicable legal requirements.

Appears in 1 contract

Samples: Performance Share Award Agreement (J. Alexander's Holdings, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.