Common use of Period of Restriction; Delivery of Unrestricted Shares Clause in Contracts

Period of Restriction; Delivery of Unrestricted Shares. Until the Restricted Stock vests in accordance with this Agreement, the Restricted Stock shall bear a legend indicating that the Restricted Stock is restricted and that the transfer of such stock is restricted. When shares of Restricted Stock awarded by this Agreement vest, the Grantee shall be entitled to receive unrestricted Shares. If the stock certificates of the Restricted Stock contain legends restricting the transfer of such shares, the Grantee shall be entitled to receive new stock certificates free of such legends (except any legends requiring compliance with securities laws); provided however, that for the avoidance of doubt, any shares of Restricted Stock that vest pursuant to this Agreement shall be subject to Section 16 and/or the other restrictions described in Exhibit A.

Appears in 3 contracts

Samples: Restricted Stock Agreement (CC Media Holdings Inc), Restricted Stock Agreement (CC Media Holdings Inc), Restricted Stock Agreement (CC Media Holdings Inc)

AutoNDA by SimpleDocs

Period of Restriction; Delivery of Unrestricted Shares. Until the Restricted Stock vests Shares vest in accordance with this Agreement, the Restricted Stock Shares shall bear a legend indicating that the Restricted Stock is Shares are restricted and that the transfer of such stock is restricted. When shares of Restricted Stock Shares awarded by this Agreement vest, the Grantee shall be entitled to receive unrestricted Shares. If the stock certificates of the Restricted Stock Shares contain legends restricting the transfer of such shares, the Grantee shall be entitled to receive new stock certificates free of such legends (except any legends requiring compliance with securities laws); provided however, that for the avoidance of doubt, any shares of Restricted Stock Shares that vest pursuant to this Agreement shall be subject to Section 16 the additional lock-up provisions and/or the other restrictions on transfer described in Exhibit A.

Appears in 2 contracts

Samples: Restricted Shares Agreement (CC Media Holdings Inc), Restricted Shares Agreement (CC Media Holdings Inc)

Period of Restriction; Delivery of Unrestricted Shares. Until the Restricted Stock vests in accordance with this Agreement, the Restricted Stock shall bear a legend indicating that the Restricted Stock is restricted and that the transfer of such stock is restricted. When shares of Restricted Stock awarded by this Agreement vest, the Grantee shall be entitled to receive unrestricted Sharesshares. If the stock certificates of the Restricted Stock contain legends restricting the transfer of such shares, the Grantee shall be entitled to receive new stock certificates free of such legends (except any legends requiring compliance with securities laws); provided provided, however, that for the avoidance of doubt, any shares of Restricted Stock that vest pursuant to this Agreement shall be subject to Section 16 and/or the other restrictions described in Exhibit A.15.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (CC Media Holdings Inc), Restricted Stock Award Agreement (CC Media Holdings Inc)

Period of Restriction; Delivery of Unrestricted Shares. Until the Restricted Stock vests in accordance with this Agreement, the Restricted Stock shall bear a legend indicating that the Restricted Stock is restricted and that the transfer of such stock is restricted. When shares of Restricted Stock awarded by this Agreement vest, the Grantee shall be entitled to receive unrestricted Shares. If shares, and if the stock certificates of the Restricted Stock contain legends restricting the transfer of such shares, the Grantee shall be entitled to receive new stock certificates free of such legends (except any legends requiring compliance with securities laws); provided provided, however, that for the avoidance of doubt, any shares of Restricted Stock that vest pursuant to this Agreement shall be subject to Section 16 and/or the other restrictions described in Exhibit A.15.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (iHeartMedia, Inc.)

AutoNDA by SimpleDocs

Period of Restriction; Delivery of Unrestricted Shares. Until the Restricted Stock vests in accordance with this Agreement, the Restricted Stock shall bear a legend indicating that the Restricted Stock is restricted and that the transfer of such stock is restricted. When shares of Restricted Stock awarded by this Agreement vest, the Grantee shall be entitled to receive unrestricted Shares. If the stock certificates of the Restricted Stock contain legends restricting the transfer of such shares, the Grantee shall be entitled to receive new stock certificates free of such legends (except any legends requiring compliance with securities laws); provided however, that for the avoidance of doubt, any shares of Restricted Stock that vest pursuant to this Agreement shall be subject to Section 16 16[ and/or the other restrictions described in Exhibit A.A].

Appears in 1 contract

Samples: Employment Agreement (CC Media Holdings Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.