Common use of Ownership and Transfer Restrictions Clause in Contracts

Ownership and Transfer Restrictions. The Committee, in its absolute discretion, may impose at the time of grant such restrictions on the ownership and transferability of the shares of Common Stock purchasable upon the exercise of an Option as it deems appropriate. Any such restriction shall be set forth in the Award Agreement and may be referred to on the certificates or other indicia evidencing such shares of Common Stock.

Appears in 4 contracts

Samples: Equity Incentive Plan (MPT Operating Partnership, L.P.), Equity Incentive Plan (Atrion Corp), Atrion Corporation 2006 Equity Incentive Plan (Atrion Corp)

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Ownership and Transfer Restrictions. The Committee, in its absolute discretion, may impose at the time of grant such restrictions on the ownership and transferability of the shares of Common Stock Shares purchasable upon the exercise of an Option as it deems appropriate. Any such restriction shall be set forth in the Award Agreement and may be referred to on the certificates or other indicia evidencing such shares of Common StockShares.

Appears in 2 contracts

Samples: 2003 Stock Option and Incentive Plan (Spirit Finance Corp), Equity Incentive Plan (GMH Communities Trust)

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Ownership and Transfer Restrictions. The Committee, in its absolute sole discretion, may impose at the time of grant such restrictions on the ownership and transferability of the shares of Common Stock purchasable upon the exercise of an a Substituted Option as it deems appropriate. Any such restriction shall be set forth in the Award respective Option Agreement and may be referred to on the certificates or other indicia evidencing such shares of Common Stockshares.

Appears in 1 contract

Samples: Stock Option Plan (Johnson & Johnson)

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