Common use of Lapse of Restrictions Clause in Contracts

Lapse of Restrictions. a. The Restrictions applicable to the Units shall lapse, as long as the Units have not been forfeited as described in Section 2 above, as follows:

Appears in 19 contracts

Samples: Employment Agreement (Motorola Mobility Holdings, Inc), Restricted Stock (Motorola Inc), Employment Agreement (Motorola Inc)

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Lapse of Restrictions. a. The Except as set forth in Section 3(b) below, the Restrictions applicable to the Units shall lapse, as long as the Units have not been forfeited as described in Section 2 above, as follows:

Appears in 9 contracts

Samples: Restricted Stock Unit Substitute Award Agreement (Motorola Mobility Holdings, Inc), Restricted Stock Unit Substitute Award Agreement (Motorola Mobility Holdings, Inc), Restricted Stock Unit Substitute Award Agreement (Motorola Mobility Holdings, Inc)

Lapse of Restrictions. a. The Other than in the case of Retirement, the Restrictions applicable to the Units shall lapse, as long as the Units have not been forfeited as described in Section 2 above, as follows:

Appears in 5 contracts

Samples: Restricted Stock (Motorola Inc), Restricted Stock Unit Award Agreement (Motorola Inc), Restricted Stock Unit Award Agreement (Motorola Inc)

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Lapse of Restrictions. a. The Restrictions applicable to the Units shall lapse, as long as the Units have not previously been forfeited as described in Section 2 above, as follows:

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Bristow Group Inc)

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