Common use of Lapsing of Restrictions Clause in Contracts

Lapsing of Restrictions. Except as otherwise provided in this Agreement, the restrictions imposed on the shares of Restricted Stock awarded pursuant to this Agreement shall lapse on the dates set forth above. The period during which the Restricted Stock is subject to restrictions imposed by the Plan and under this Agreement shall be known as the “Restricted Period.”

Appears in 3 contracts

Samples: Restricted Stock Agreement (Macatawa Bank Corp), Restricted Stock Agreement (Macatawa Bank Corp), Restricted Stock Agreement (Firstbank Corp)

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Lapsing of Restrictions. Except as otherwise provided in this Agreement, the restrictions imposed on the shares of Restricted Stock awarded pursuant to this Agreement shall lapse on the dates set forth above. The period during which the Restricted Stock is subject to restrictions imposed by the Plan and under this Agreement shall be known as the "Restricted Period."

Appears in 3 contracts

Samples: Restricted Stock Agreement (Macatawa Bank Corp), Restricted Stock Agreement (Zoro Mining Corp.), Restricted Stock Agreement (Firstbank Corp)

Lapsing of Restrictions. Except as otherwise provided in this Agreement, the restrictions imposed on the shares of Restricted Stock awarded pursuant to this Agreement shall lapse on the dates set forth above_______________________________________________. The period periods during which the Restricted Stock is subject to restrictions imposed by the Plan and under this Agreement shall be known as the “"Restricted PeriodPeriods."

Appears in 1 contract

Samples: Restricted Stock Agreement (Manatron Inc)

Lapsing of Restrictions. Except as otherwise provided in this Agreement, the restrictions imposed on the shares of Restricted Stock awarded pursuant to this Agreement shall lapse as follows: One Hundred Percent (100%) shall lapse on the dates set forth aboveJanuary 1, 2014. The period periods during which the Restricted Stock is subject to restrictions imposed by the Plan and under this Agreement shall be known as the “Restricted PeriodPeriods.”

Appears in 1 contract

Samples: Restricted Stock Agreement (Wolverine World Wide Inc /De/)

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Lapsing of Restrictions. Except as otherwise provided in this Agreement, the restrictions imposed on the shares of Restricted Stock awarded pursuant to this Agreement shall lapse on the dates set forth above______________________. The period periods during which the Restricted Stock is subject to restrictions imposed by the Plan and under this Agreement shall be known as the “"Restricted PeriodPeriods."

Appears in 1 contract

Samples: Restricted Stock Agreement (Manatron Inc)

Lapsing of Restrictions. Except as otherwise provided in this Agreement, the The restrictions imposed on the shares of Restricted Stock awarded pursuant to this Agreement shall lapse on the dates set forth above[December 23, 2020] [April 17, 2021]. The period during which the Restricted Stock is subject to restrictions imposed by the Plan and under this Agreement shall be known as the “Restricted Period.”

Appears in 1 contract

Samples: Restricted Stock Agreement (Wolverine World Wide Inc /De/)

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