Effect of Lapse of Restrictions. Upon the lapse of the Forfeiture Restrictions with respect to the Restricted Stock granted hereby, if requested by the Participant as described in Section 6.4(a) of the Plan, the Company shall cause to be delivered to the Participant a stock certificate representing such Restricted Stock, and such Restricted Stock shall be transferable by the Participant (except to the extent that any proposed transfer would, in the opinion of counsel satisfactory to the Company, constitute a violation of applicable securities law).
Appears in 7 contracts
Samples: Restricted Stock Award Agreement (Tuesday Morning Corp/De), Restricted Stock Award Agreement (Tuesday Morning Corp/De), Restricted Stock Award Agreement (Tuesday Morning Corp/De)