Common use of Removal of Restrictions Clause in Contracts

Removal of Restrictions. Except as otherwise provided under the Plan, if the Restricted Period has elapsed or been waived by the Board with respect to all or a portion of the Restricted Shares represented by a certificate, the holder thereof shall be entitled to have the legend required by Section 2.03 removed from such stock certificate with respect to the shares as to which the Restricted Period has elapsed. Any certificate evidencing the remaining shares shall bear the legend required by Section 2.03. The Board shall have the discretion to waive the applicable Restricted Period with respect to all or any part of the Common Stock subject to a Restricted Stock Award or

Appears in 4 contracts

Samples: Restricted Stock Agreement (Datascension Inc), Restricted Stock Agreement (Datascension Inc), Restricted Stock Agreement (Datascension Inc)

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Removal of Restrictions. Except as otherwise provided under the Plan, if the Restricted Period has elapsed or been waived by the Board with respect to all or a portion of the Restricted Shares represented by a certificate, the holder thereof shall be entitled to have the legend required by Section 2.03 3.04 removed from such stock certificate with respect to the shares as to which the Restricted Period has elapsed. Any certificate evidencing the remaining shares shall bear the legend required by Section 2.033.04. The Board shall have the discretion to waive the applicable Restricted Period with respect to all or any part of the Common Stock subject to a Restricted Stock Award or

Appears in 4 contracts

Samples: Restricted Stock Agreement (Datascension Inc), Restricted Stock Agreement (Datascension Inc), Restricted Stock Agreement (Datascension Inc)

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