Grant of Restricted Stock Award. The Restricted Stock Award will be in the form of issued and outstanding shares of Stock that will be either registered in the name of the Participant and held by the Company, together with a stock power executed by the Participant in favor of the Company, pending the vesting or forfeiture of the Restricted Stock, or registered in the name of, and delivered to, the Participant. Notwithstanding the foregoing, the Company may in its sole discretion, issue Restricted Stock in any other format (e.g., electronically) in order to facilitate the paperless transfer of such Awards. If certificated, the certificates evidencing the Restricted Stock Award will bear a legend restricting the transferability of the Restricted Stock. The Restricted Stock awarded to the Participant will not be sold, encumbered hypothecated or otherwise transferred except in accordance with the terms of the Plan and this Agreement.
Appears in 29 contracts
Samples: Restricted Stock Award (CB Financial Services, Inc.), Restricted Stock Award (FFBW, Inc. /MD/), Restricted Stock Award (CB Financial Services, Inc.)
Grant of Restricted Stock Award. The Restricted Stock Award will be in the form of issued and outstanding shares of Stock that will be either registered in the name of the Participant and held by the Company, together with a stock power executed by the Participant in favor of the Company, pending the vesting or forfeiture of the Restricted Stock, or registered in the name of, and delivered to, the Participant. Notwithstanding the foregoing, the Company may may, in its sole discretion, issue Restricted Stock in any other format (e.g., electronically) in order to facilitate the paperless transfer of such Awards. If certificated, the certificates evidencing the Restricted Stock Award will bear a legend restricting the transferability of the Restricted Stock. The Restricted Stock awarded to the Participant will not be sold, encumbered hypothecated or otherwise transferred except in accordance with the terms of the Plan and this Agreement.
Appears in 24 contracts
Samples: Restricted Stock Award Agreement (Pioneer Bancorp, Inc./Md), Restricted Stock Award Agreement (Bogota Financial Corp.), Restricted Stock Award Agreement (Parke Bancorp, Inc.)
Grant of Restricted Stock Award. The Restricted Stock Award will be in the form of issued and outstanding shares of Stock that will be either (i) registered in the name of the Participant and held by the Company, together with a stock power executed by the Participant in favor of the Company, pending the vesting or forfeiture of the Restricted Stock, or (ii) registered in the name of, and delivered to, the Participant. Notwithstanding the foregoing, the Company may may, in its sole discretion, issue Restricted Stock in any other format (e.g., electronically) in order to facilitate the paperless transfer of such Awards. If certificated, the certificates evidencing the Restricted Stock Award will bear a legend restricting the transferability of the Restricted Stock. The Restricted Stock awarded to the Participant will not be sold, encumbered hypothecated or otherwise transferred except in accordance with the terms of the Plan and this Agreement.
Appears in 7 contracts
Samples: Restricted Stock Award Agreement (Sugar Creek Financial Corp./Md/), Restricted Stock Award Agreement (Poage Bankshares, Inc.), Restricted Stock Award Agreement (Poage Bankshares, Inc.)
Grant of Restricted Stock Award. The Restricted Stock Award will be in the form of issued and outstanding shares of Stock that will be either registered in the name of the Participant and held by the Company, together with a stock power executed by the Participant in favor of the Company, pending the vesting or forfeiture of the Restricted Stock, or registered in the name of, and delivered to, the Participant. Notwithstanding the foregoing, the Company may may, in its sole discretion, issue Restricted Stock in any other format (e.g., electronically) in order to facilitate the paperless transfer of such Awards. If certificated, the certificates evidencing the Restricted Stock Award will bear a legend restricting the transferability of the Restricted Stock. The Restricted Stock awarded to the Participant will not be sold, encumbered encumbered, hypothecated or otherwise transferred except in accordance with the terms of the Plan and this Agreement.
Appears in 7 contracts
Samples: Restricted Stock Award (Esquire Financial Holdings, Inc.), Restricted Stock Award (Esquire Financial Holdings, Inc.), Restricted Stock Award (Pathfinder Bancorp, Inc.)
Grant of Restricted Stock Award. The shares of Stock subject to the Restricted Stock Award may be held in trust until distributed. The Restricted Stock Award will be in the form of issued and outstanding shares of Stock that will be either registered (i) held in the name of the Participant and held by the Companytrust until distributed, together with a stock power executed by the Participant in favor of the Company, pending the vesting or forfeiture of the Restricted Stock, or (ii) registered in the name of, and delivered to, the Participant. Notwithstanding , which certificate will bear a legend restricting the foregoingtransferability of the Restricted Stock, or (iii) the Company may may, in its sole discretion, issue Restricted Stock in any other format (e.g., electronically) in order to facilitate the paperless transfer of such Awards. If certificated, the certificates evidencing the Restricted Stock Award will bear a legend restricting the transferability of the Restricted Stock. The Restricted Stock awarded to the Participant will not be sold, encumbered hypothecated or otherwise transferred except in accordance with the terms of the Plan and this Agreement.
Appears in 5 contracts
Samples: Restricted Stock Award Agreement (Berkshire Hills Bancorp Inc), Restricted Stock Award Agreement (Berkshire Hills Bancorp Inc), Restricted Stock Award Agreement (Berkshire Hills Bancorp Inc)
Grant of Restricted Stock Award. The Restricted Stock Award will be in the form of issued and outstanding shares of Stock that will be either (i) registered in the name of the Participant and held by the Company, together with a stock power executed by the Participant in favor of the Company, Company pending the vesting or forfeiture of the Restricted Stock, or (ii) registered in the name of, and delivered to, the Participant. Notwithstanding the foregoing, the Company may may, in its sole discretion, issue Restricted Stock in any other format (e.g., electronically) in order to facilitate the paperless transfer of such Awards. If certificated, the certificates evidencing the Restricted Stock Award will bear a legend restricting the transferability of the Restricted Stock. The Restricted Stock awarded to the Participant will not be sold, encumbered hypothecated or otherwise transferred except in accordance with the terms of the Plan and this Agreement.
Appears in 4 contracts
Samples: Restricted Stock Award Agreement (Colonial Financial Services, Inc.), Restricted Stock Award Agreement (Colonial Financial Services, Inc.), Restricted Stock Award Agreement (OBA Financial Services, Inc.)
Grant of Restricted Stock Award. The Restricted Stock Award will be in the form of issued and outstanding shares of Stock that will be either registered in the name of the Participant and held by the Company, together with a stock power executed by the Participant in favor of the Company, pending the vesting or forfeiture of the Restricted Stock, or registered in the name of, and delivered to, the Participant. Notwithstanding the foregoing, the Company may in its sole discretion, issue Restricted Stock in any other format (e.g., electronically) in order to facilitate the paperless transfer of such Awards. If certificated, the certificates evidencing the Restricted Stock Award will bear a legend in accordance with Section 2.3(a) of the Plan restricting the transferability of the Restricted StockStock at all times prior to the applicable vesting date. The Restricted Stock awarded to the Participant will not be sold, encumbered hypothecated or otherwise transferred except in accordance with the terms of the Plan and this Agreement.
Appears in 4 contracts
Samples: Restricted Stock Award Agreement (CBM Bancorp, Inc.), Restricted Stock Award Agreement (CBM Bancorp, Inc.), Restricted Stock Award Agreement (CBM Bancorp, Inc.)
Grant of Restricted Stock Award. The Restricted Stock Award will be in the form of issued and outstanding shares of Stock that will be either registered in the name of the Participant and held by the Company, together with a stock power executed by the Participant in favor of the Company, pending the vesting or forfeiture of the Restricted Stock, or registered in the name of, and delivered to, the Participant. Notwithstanding the foregoing, the Company may in its sole discretion, issue Restricted Stock in any other format (e.g., electronically) in order to facilitate the paperless transfer of such Awards. If certificated, the certificates evidencing the Restricted Stock Award will bear a legend restricting the transferability of the Restricted Stock. The Awards of Restricted Stock awarded to the Participant will not be sold, encumbered hypothecated or otherwise transferred except transferable prior to the time that such Awards vest in accordance with the terms of the Plan and this AgreementParticipant.
Appears in 4 contracts
Samples: Restricted Stock Award Agreement (Equitable Financial Corp.), Restricted Stock Award (Equitable Financial Corp.), Restricted Stock Award Agreement (AJS Bancorp, Inc.)
Grant of Restricted Stock Award. The Restricted Stock Award will be in the form of issued and outstanding shares of Stock that will be either registered in the name of the Participant and held by the Company, together with a stock power executed by the Participant in favor of the Company, pending the vesting or forfeiture of the Restricted Stock, or registered in the name of, and delivered to, the Participant. Notwithstanding the foregoing, the Company may in its sole discretion, issue Restricted Stock in any other format (e.g., electronically) in order to facilitate the paperless transfer of such Awards. If certificated, the certificates evidencing the Restricted Stock Award will bear a legend restricting the transferability of the Restricted Stock. The Restricted Stock awarded to the Participant will not be sold, encumbered encumbered, hypothecated or otherwise transferred except in accordance with the terms of the Plan and this Agreement.
Appears in 3 contracts
Samples: Restricted Stock Award (HV Bancorp, Inc.), Restricted Stock Award (HV Bancorp, Inc.), Restricted Stock Award (Northwest Bancshares, Inc.)
Grant of Restricted Stock Award. The Restricted Stock Award will be settled in the form of issued and outstanding shares of Stock that will be either registered in the name of the Participant and held by the Company, together with a stock power executed by the Participant in favor of the Company, pending the vesting or forfeiture of the Restricted Stock, or registered in the name of, and delivered to, the Participant. Notwithstanding the foregoing, the Company may may, in its sole discretion, issue Restricted Stock in any other format (e.g., electronically) in order to facilitate the paperless transfer of such Awards. If certificated, the certificates evidencing the Restricted Stock Award will bear a legend restricting the transferability of the Restricted Stock. The Restricted Stock awarded to the Participant will not be sold, encumbered hypothecated or otherwise transferred except in accordance with the terms of the Plan and this Agreement.
Appears in 3 contracts
Samples: Restricted Stock Award Agreement (MainStreet Bancshares, Inc.), Restricted Stock Award Agreement (MainStreet Bancshares, Inc.), Restricted Stock Award Agreement (MainStreet Bancshares, Inc.)
Grant of Restricted Stock Award. The Restricted Stock Award will be in the form of issued and outstanding shares of Stock that will be be, in the Company’s sole discretion, either (i) registered in the name of the Participant and held by the Company, together with a stock power executed by the Participant in favor of the Company, Company pending the vesting or forfeiture of the Restricted Stock, or (ii) registered in the name of, and delivered to, the Participant. Notwithstanding the foregoing, the Company may in its sole discretion, issue Restricted Stock or (iii) issued in any other format (e.g., electronically) in order to facilitate the paperless transfer of such Awards. If certificated, the certificates evidencing the Restricted Stock Award will bear a legend restricting the transferability of the Restricted Stock. The Restricted Stock awarded to the Participant will not be sold, encumbered hypothecated or otherwise transferred except in accordance with the terms of the Plan and this Agreement.
Appears in 2 contracts
Samples: Restricted Stock Award Agreement (Standard Financial Corp.), Restricted Stock Award Agreement (Standard Financial Corp.)
Grant of Restricted Stock Award. The Restricted Stock Award will be in the form of issued and outstanding shares of Stock that will be either registered in the name of the Participant Holder and held by the Company, together with a stock power executed by the Participant Holder in favor of the Company, pending the vesting or forfeiture of the Restricted Stock, or registered in the name of, and delivered to, the ParticipantHolder. Notwithstanding the foregoing, the Company may may, in its sole discretion, issue Restricted Stock in any other format (e.g., electronically) in order to facilitate the paperless transfer of such Awards. If certificated, the certificates evidencing the Restricted Stock Award will bear a legend restricting the transferability of the Restricted Stock. The Restricted Stock awarded to the Participant Holder will not be sold, encumbered hypothecated or otherwise transferred except in accordance with the terms of the Plan and this Agreement.
Appears in 1 contract
Samples: Restricted Stock Award Agreement (1895 Bancorp of Wisconsin, Inc. /MD/)
Grant of Restricted Stock Award. The Restricted Stock Award will be in the form of issued and outstanding shares of Stock that will be either registered in the name of the Participant and held by the Company, together with a stock power executed by the Participant in favor of the Company, pending the vesting or forfeiture of the Restricted Stock, or registered in the name of, and delivered to, the Participant. Notwithstanding the foregoing, the Company may may, in its sole discretion, issue Restricted Stock in any other format (e.g., electronically) in order to facilitate the paperless transfer of such Awards. If certificated, the certificates evidencing the Restricted Stock Award will bear a legend restricting the transferability of the Restricted Stock. The Restricted Stock awarded to the Participant will not be sold, encumbered hypothecated or otherwise transferred except in accordance with the terms of the Plan and this Agreement.
Appears in 1 contract
Samples: Restricted Stock Award Agreement (Eureka Homestead Bancorp, Inc.)
Grant of Restricted Stock Award. The Restricted Stock Award will be in the form of issued and outstanding shares of Stock that will be either registered in the name of the Participant and held by the Company, together with a stock power executed by the Participant in favor of the Company, pending the vesting or forfeiture of the Restricted Stock, or registered in the name of, and delivered to, to the Participant. Notwithstanding the foregoing, the Company may may, in its sole discretion, issue Restricted Stock in any other format (e.g., electronically) in order to facilitate the paperless transfer of such Awards. If certificated, the certificates evidencing the Restricted Stock Award will bear a legend restricting the transferability of the Restricted Stock. The Restricted Stock awarded to the Participant will not be sold, encumbered encumbered, hypothecated or otherwise transferred except in accordance with the terms of the Plan and this Agreement.
Appears in 1 contract
Samples: Restricted Stock Award Agreement (Metropolitan Bank Holding Corp.)