Common use of Expiration of Restricted Period Clause in Contracts

Expiration of Restricted Period. Upon the expiration of the Restricted Period with respect to the Shares, TCF Financial shall redeliver or deliver to the Grantee (or, if the Grantee is deceased, to his legal representative, beneficiary or heir) the certificate(s) in respect of such Shares, without the restrictive legend provided for in paragraph 4. above or re-register the shares in an account with the transfer agent which is not subject to the restrictions set forth in paragraph 2.(a) of this Agreement. The Shares as to which the Restricted Period shall have lapsed or expired shall be free of the restrictions referred to in paragraph 2.(a) above and any such certificates shall not bear the legend provided for in paragraph 4. above.

Appears in 2 contracts

Samples: Restricted Stock Agreement (TCF Financial Corp), Restricted Stock Agreement (TCF Financial Corp)

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Expiration of Restricted Period. Upon the expiration of the Restricted Period with respect to the any Shares, TCF Financial shall redeliver or deliver to the Grantee (or, if the Grantee is deceased, to his legal representative, beneficiary or heir) the certificate(s) in respect of such Shares, without the restrictive legend provided for in paragraph 4. section 4 above or re-register the shares in an account with the transfer agent which is not subject to the restrictions set forth in paragraph 2.(a2(a) of this Agreement. The Shares as to which the Restricted Period shall have lapsed or expired shall be free of the restrictions referred to in paragraph 2.(a2(a) above and any such certificates shall not bear the legend provided for in paragraph 4. section 4 above.

Appears in 2 contracts

Samples: Restricted Stock Agreement (TCF Financial Corp), Restricted Stock Agreement (TCF Financial Corp)

Expiration of Restricted Period. Upon the expiration of the Restricted Period with respect to the Shares, TCF Financial shall redeliver or deliver to the Grantee (or, if the Grantee is deceased, to his legal representative, beneficiary or heir) the certificate(scertificate (s) in respect of such Shares, without the restrictive legend provided for in paragraph 4. above or re-register the shares in an account with the transfer agent which is not subject to the restrictions set forth in paragraph 2.(a) of this Agreement. The Shares as to which the Restricted Period shall have lapsed or expired shall be free of the restrictions referred to in paragraph 2.(a) above and any such certificates shall not bear the legend provided for in paragraph 4. above.

Appears in 1 contract

Samples: Restricted Stock Agreement (TCF Financial Corp)

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Expiration of Restricted Period. Upon the expiration of the Restricted Period with respect to the Shares, TCF Financial shall redeliver or deliver to the Grantee (or, if the Grantee is deceased, to his legal representative, beneficiary or heir) the certificate(s) in respect of such Shares, without the restrictive legend provided for in paragraph 4. above or re-register the shares in an account with the transfer agent which is not subject to the restrictions set forth in paragraph subparagraph 2.(a) of this Agreement. The Shares as to which the Restricted Period shall have lapsed or expired shall be free of the restrictions referred to in paragraph subparagraph 2.(a) above and any such certificates shall not bear the legend provided for in paragraph 4. above.

Appears in 1 contract

Samples: Restricted Stock Agreement (TCF Financial Corp)

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