Lapse of Restrictions on Restricted Stock. Upon a Change in Control provided for in this Agreement, all forfeiture and transfer restrictions on shares of restricted stock awarded to Executive by the Company (“Restricted Stock”) shall lapse in accordance with the terms and conditions of the original restricted stock award agreements relating to such Restricted Stock.
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Samples: Retention and Non Competition Agreement (Ap Pharma Inc /De/), Retention and Non Competition Agreement (Ap Pharma Inc /De/), Retention and Non Competition Agreement (Ap Pharma Inc /De/)
Lapse of Restrictions on Restricted Stock. Upon a Change in of Control provided for in this Agreement, all forfeiture and transfer restrictions on shares of restricted stock Restricted Stock awarded to the Executive by the Company (“Restricted Stock”) shall lapse in accordance with the terms and conditions of the original restricted stock award agreements relating to such Restricted Stocktheir entirety.
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