Common use of Receipt of Shares of Stock Clause in Contracts

Receipt of Shares of Stock. (a) The Restricted Stock Units in which the Grantee vests in accordance with the vesting schedule set forth in Appendix A will be issuable in the form of shares of Stock immediately upon vesting, subject to the collection of the minimum withholding taxes in accordance with the mandatory share withholding provision of Section 9 of this Agreement. (b) Once a stock certificate (or electronic transfer) has been delivered to the Grantee in respect of the Restricted Stock Units, the Grantee will be free to sell the shares of Stock evidenced by such certificate (or electronic transfer), subject to applicable requirements of federal and state securities law and the Company’s xxxxxxx xxxxxxx policy.

Appears in 5 contracts

Samples: Restricted Stock Unit Award Agreement (Phase Forward Inc), Restricted Stock Unit Award Agreement (Phase Forward Inc), Restricted Stock Unit Award Agreement (Phase Forward Inc)

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Receipt of Shares of Stock. (a) The Restricted Stock Units in which the Grantee vests in accordance with the vesting schedule set forth in Appendix A will be issuable in the form of shares of Stock immediately upon vesting, subject to the collection of the minimum withholding taxes in accordance with the mandatory share withholding provision of Section 9 8 of this Agreement. (b) Once a stock certificate (or electronic transfer) has been delivered to the Grantee in respect of the Restricted Stock Units, the Grantee will be free to sell the shares of Stock evidenced by such certificate (or electronic transfer), subject to applicable requirements of federal and state securities law and the Company’s xxxxxxx xxxxxxx policy.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Lemaitre Vascular Inc), Restricted Stock Unit Award Agreement (Lemaitre Vascular Inc)

Receipt of Shares of Stock. (a) The Restricted Stock Units in which the Grantee vests in accordance with the vesting schedule set forth in Appendix A will be issuable in the form of shares of Stock immediately upon vesting, subject to the collection of the minimum withholding taxes in accordance with the mandatory share withholding provision of Section 9 8 of this Agreement. (b) Once a stock certificate (or electronic transfer) has been delivered to the Grantee in respect of the Restricted Stock Units, the Grantee will be free to sell the shares of Stock evidenced by such certificate (or electronic transfer), subject to applicable requirements of federal and state securities law and the Company’s xxxxxxx xxxxxxx policy.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Athenahealth Inc)

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Receipt of Shares of Stock. (a) The Restricted Stock Units in which the Grantee vests in accordance with the vesting Performance Goals and the schedule set forth in Appendix A will be issuable in the form of shares of Stock immediately upon vesting, subject to the collection of the minimum withholding taxes in accordance with the mandatory share withholding provision of Section 9 8 of this Agreement. (b) Once a stock certificate (or electronic transfer) has been delivered to the Grantee in respect of the Restricted Stock Units, the Grantee will be free to sell the shares of Stock evidenced by such certificate (or electronic transfer), subject to applicable requirements of federal and state securities law and the Company’s xxxxxxx xxxxxxx policy.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Lemaitre Vascular Inc)

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