Removal of Restrictions. Shares of Restricted Stock covered by each Restricted Stock grant made under the Plan shall be released from escrow as soon as practicable after the last day of the Period of Restriction. The Committee, in its discretion, may accelerate the time at which any restrictions shall lapse, and remove any restrictions. After the restrictions have lapsed, the Participant shall be entitled to have any legend or legends under Section 7.4 removed from his or her Share certificate, and the Shares shall be freely transferable by the Participant.
Appears in 18 contracts
Samples: 2020 Omnibus Stock Plan (Varex Imaging Corp), 2020 Omnibus Stock Plan (Varex Imaging Corp), 2020 Omnibus Stock Plan (Varex Imaging Corp)
Removal of Restrictions. Except as otherwise provided in this Section 7, Shares of Restricted Stock covered by each Restricted Stock grant made under the Plan shall be released from escrow as soon as practicable after the last day of the Period of Restriction. The Committee, in its discretion, may accelerate the time at which any restrictions shall lapse, and remove any restrictionslapse or be removed. After the restrictions have lapsed, the Participant shall be entitled to have any legend or legends under Section 7.4 7.4.3 removed from his or her Share certificate, and the Shares shall be freely transferable by the Participant.
Appears in 3 contracts
Samples: 2003 Equity Incentive Plan (Cell Therapeutics Inc), 2003 Equity Incentive Plan (Cell Therapeutics Inc), 2003 Equity Incentive Plan (Palmsource Inc)
Removal of Restrictions. Except as otherwise provided in this Section 7, Shares of Restricted Stock covered by each Restricted Stock grant made under the Plan shall be released from escrow as soon as practicable after the last day of the Period of Restriction. The Committee, in its discretion, may accelerate the time at which any restrictions shall lapse, and remove any restrictionslapse or be removed. After the restrictions have lapsed, the Participant shall be entitled to have any legend or legends under Section 7.4 7.4.3 removed from his or her Share certificate, certificate and the Shares shall be freely transferable by the Participant.. The Committee (in its discretion) may establish procedures regarding the release of Shares from escrow and the removal of legends, as necessary or appropriate to minimize administrative burdens on the Company
Appears in 3 contracts
Samples: 2004 Equity Incentive Plan (Pixar \Ca\), 2004 Equity Incentive Plan (Walt Disney Co/), 2004 Equity Incentive Plan (Walt Disney Co/)
Removal of Restrictions. Except as otherwise provided in this Section 7, Shares of Restricted Stock covered by each Restricted Stock grant made under the Plan shall be released from escrow as soon as practicable after the last day of the Period of Restriction. The Committee, in its discretion, may accelerate the time at which any restrictions shall lapse, and and/or remove any restrictions. After the restrictions have lapsed, the Participant shall be entitled to have any legend or legends under Section 7.4 removed from his or her Share certificate, and the Shares shall be freely transferable by the Participant.
Appears in 3 contracts
Samples: 2003 Omnibus Equity Incentive Plan (Central Garden & Pet Co), 2003 Omnibus Equity Incentive Plan (Central Garden & Pet Co), 2003 Omnibus Equity Incentive Plan (Central Garden & Pet Co)
Removal of Restrictions. Except as otherwise provided in this SECTION 7, Shares of Restricted Stock covered by each Restricted Stock grant made under the Plan shall be released from escrow as soon as practicable after the last day of the Period of Restriction. The Committee, in its discretion, may accelerate the time at which any restrictions shall lapse, and and/or remove any restrictions. After the restrictions have lapsed, the Participant shall be entitled to have any legend or legends under Section 7.4 removed from his or her Share certificate, and the Shares shall be freely transferable by the Participant.
Appears in 2 contracts
Samples: 2006 Equity Incentive Plan (Adera Mines LTD), Equity Incentive Plan (Electro Rent Corp)
Removal of Restrictions. Except as otherwise provided in this Section 7, Shares of Restricted Stock covered by each Restricted Stock grant made under the Plan shall will be released from escrow as soon as practicable after the last day of the Period of Restriction. The Committee, in its discretion, may accelerate the time at which any restrictions shall lapse, and remove any restrictionswill lapse or be removed. After the restrictions have lapsed, the Participant shall will be entitled to have any legend or legends under Section 7.4 7.4.3 removed from his or her Share certificate, and the Shares shall will be freely transferable by the Participant.
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Removal of Restrictions. Except as otherwise provided in this Section 7, Shares of Restricted Stock covered by each Restricted Stock grant made under the Plan shall be released from escrow as soon as practicable after the last day expiration of the Period of Restriction. The Committee, in its discretion, may accelerate the time at which any restrictions shall lapse, and remove any restrictions. After the restrictions have lapsed, the Participant shall be entitled to have any legend or legends under Section 7.4 7.5 removed from his or her Share certificate, and the Shares shall be freely transferable by the Participant, subject to Applicable Law.
Appears in 1 contract
Samples: Executive Employment Agreement (Superior Industries International Inc)
Removal of Restrictions. Except as otherwise provided in this Section 6, Shares of Restricted Stock covered by each Restricted Stock grant made under the Plan shall be released from escrow as soon as practicable after the last day of the Period of Restriction. The Committee, in its discretion, may accelerate the time at which any restrictions shall lapse, and remove any restrictionslapse or be removed. After the restrictions have lapsed, the Participant shall be entitled to have any legend or legends under Section 7.4 6.4.3 removed from his or her Share certificate, and the Shares shall be freely transferable by the Participant.
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Removal of Restrictions. Except as otherwise provided in this Section 7, Shares of Restricted Stock covered by each Restricted Stock grant made under the Plan shall be released from escrow as soon as practicable after the last day of the Period of Restriction. The Committee, in its discretion, may accelerate the time at which any restrictions shall lapse, and remove any restrictionslapse or be removed. After the restrictions have lapsed, the Participant shall be entitled to have any legend or legends under Section 7.4 removed from his or her Share certificate, and the Shares shall be freely transferable by the Participant.under
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Removal of Restrictions. Except as otherwise provided in this Section 7, Shares of Restricted Stock covered by each Restricted Stock grant made under the Plan shall be released from escrow as soon as practicable after the last day of the Period of Restriction. The Committee, in its discretion, may accelerate the time at which any restrictions shall lapse, and remove any restrictionslapse or be removed. After the restrictions have lapsed, the Participant shall be entitled to have any legend or legends under Section 7.4 removed from his or her Share certificate, and the Shares shall be freely transferable by the Participant.Section
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