Common use of Other Transfer Restrictions Clause in Contracts

Other Transfer Restrictions. The Participant agrees with the Corporation that each certificate representing any of the shares of Restricted Stock may bear a legend, substantially in the form attached as Exhibit A hereto, to the effect that the shares of Restricted Stock represented thereby are subject to potential forfeiture and may not be sold, exchanged, transferred, pledged, hypothecated or otherwise disposed of except in accordance with the terms of this Agreement, and shall be subject to such stop-transfer orders and other restrictions as the Committee shall deem advisable to ensure compliance with the terms of this Agreement.

Appears in 3 contracts

Samples: Restricted Stock Agreement (Fac Realty Trust Inc), Restricted Stock Agreement (Factory Stores of America Inc), Restricted Stock Agreement (Fac Realty Trust Inc)

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Other Transfer Restrictions. The Participant agrees with the Corporation that each certificate representing any of the shares of Restricted Stock may bear a legend, substantially in the form attached as Exhibit A hereto, to the effect that the shares of Restricted Stock represented thereby are subject to potential forfeiture and may not be sold, exchanged, transferred, pledged, hypothecated or otherwise disposed of except in accordance with the terms of this Agreement, and shall be subject to such stop-stop transfer orders and other restrictions as the Committee shall deem advisable to ensure compliance with the terms of this Agreement.

Appears in 2 contracts

Samples: Restricted Stock Agreement (Fac Realty Trust Inc), Restricted Stock Agreement (Factory Stores of America Inc)

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