Common use of Effect of Shelf Registration Clause in Contracts

Effect of Shelf Registration. Notwithstanding anything to the contrary contained herein, pursuant to Section 2(g)(iii) of that certain Registration Rights Agreement, dated as of December 23, 2019, by and between the Company and Xxxxxx, Xxxxxxxx & Company, Incorporated (the “Registration Rights Agreement”), no Restricted Stock Units shall vest (and no forfeiture restrictions applicable to the Restricted Stock Units shall lapse) until the Shelf Registration Statement is effective and the Common Stock is listed on a National Securities Exchange (each capitalized term is as defined in the Registration Rights Agreement).

Appears in 8 contracts

Samples: Restricted Stock Unit Agreement (NetSTREIT Corp.), Restricted Stock Unit Agreement for Non Employee Directors (NetSTREIT Corp.), Restricted Stock Unit Agreement (NetSTREIT Corp.)

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