Common use of Enforcement of Restrictions Clause in Contracts

Enforcement of Restrictions. To enforce the restrictions set forth in Section 2, shares of Restricted Stock will be held in electronic form in an account by the Company’s transfer agent or other designee until the restrictions set forth in Section 2 have lapsed with respect to such shares, or such shares are forfeited, whichever is earlier.

Appears in 6 contracts

Samples: Restricted Stock Agreement (Qep Resources, Inc.), Restricted Stock Agreement (Qep Resources, Inc.), Restricted Stock Agreement (Qep Resources, Inc.)

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Enforcement of Restrictions. To enforce the restrictions set forth in Section 2on the Restricted Shares, shares of the Restricted Stock Shares will be held in electronic form in an account by the Company’s transfer agent or other designee until the restrictions set forth in Section 2 have lapsed with respect to such shares, or such shares are forfeited, whichever is earlier.

Appears in 2 contracts

Samples: Plan Deferred Share Award Agreement, Deferred Share Award Agreement (Qep Resources, Inc.)

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