Effect of Lapse of Restrictions. Upon the lapse of the Forfeiture Restrictions with respect to a Restricted Share granted hereby the Company shall cause to be delivered to the Awardee a stock certificate representing such Restricted Share, and such Restricted Share shall be transferable by the Awardee (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 5 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)
Effect of Lapse of Restrictions. Upon the lapse of the Forfeiture Restrictions with respect to a Restricted Performance Stock Share granted hereby the Company shall cause to be delivered to the Awardee a stock certificate representing such Restricted Performance Stock Share, and such Restricted Performance Stock Share shall be transferable by the Awardee (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 1 contract
Samples: Performance Stock Award Agreement (Tuesday Morning Corp/De)